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January 14, 2013

Deal Alert: Kavita Fabrics files for IPO

Surat-based synthetic fabrics manufacturer Kavita Fabrics has filed the DRHP to issue 12,75,000 equity shares of Rs. 10 each at Rs. 40 per share aggregating to Rs. 510 lacs. The issue will constitute 36.71% of the post issue paid up equity share capital of the company. Intensive Fiscal Services Private Limited is the lead manager to the issue. The company will be traded on BSE-SME exchange. 

Source: Press Release
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