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March 07, 2013

Deal Alert: Lakhotia Polyesters files for Rs.5.08 Cr IPO

Nashik-based Lakhotia Polyesters has filed the DRHP to issue 14,52,000 equity shares at Rs.35 per share aggregating to Rs.5.08 crore, forming 38.82% of the post issue paid up equity share capital of the company. Intensive Fiscal Services is the lead manager to the issue. The company, which will be traded on the BSE-SME exchange, is engaged in manufacture of polyester lacquered / coated films and slitted M type yarns. 

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