Thursday, June 5, 2008

First Winner Industries Limited IPO





Incorporated in 2003 First Winner Industries Ltd is engaged in the business of manufacturing & trading textile fabrics for wholesalers and apparel & garment manufacturers. Companies manufacturing facilities are located at MIDC, Tarapur, District Thane, Maharashtra and have around 100 installed looms.

Company has two subsidiaries as Ramshyam Textile Industries Limited and Realgold Exports Private Limited which are engaged in the same business. Both the subsidiaries are having manufacturing facilities at MIDC Tarapur, District Thane, Maharashtra.

Objects of the Issue:

    The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
  1. Setting up of an apparel manufacturing facility;
  2. Setting up of new weaving unit;
  3. Prepayment of Term Loan and
  4. Meeting the Public Issue Expenses.

First Winner Industries Ltd IPO Information

»» Public Issue Open: June 09, 2008 to June 12, 2008
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 55,00,000 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs 120/- to Rs 130/-
»» Market Lot: 50 Shares
»» Minimum Order Quantity: 50 Shares
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing: BSE, NSE
»» Lead Manager: Almondz Global Securities Ltd
»» Registrar: Intime Spectrum Registry Ltd (Ph: +91-22-25960320 Email: firstwinner@intimespectrum.com)

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