Globe Textiles (India) Limited IPO
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Globe Textiles (India) Limited is Ahmedabad Gujrat based company engaged in manufacturing of Garments, cotton printed fabrics, home textiles and fancy fabrics. The company is also engaged in trading of yarns, denim and Non-denims fabrics, Shirting fabrics and Jeans.
Globe Textiles has 3 manufacturing units located in and around Ahmedabad. The company caters both domestic as well as international markets.
Competitive Strengths
Key customer base with reputed international Customers
Cost-effective production and timely fulfilment of orders
Scalable Business Model
Objects of the Globe Textiles (India) Limited IPO:
The Fresh IssueThe Net Proceeds from the Fresh Issue will be utilized towards the following objects:
1. To Meet Working Capital Requirement
2. General Corporate Purpose
3. To Meet the Issue Expenses.
Globe Textiles (India) Limited IPO Details:
| Open Date: | Jun 12 2017 |
| Close Date: | Jun 15 2017 |
| Total Shares: | 2,688,000 |
| Face Value: | ₹ 10 Per Equity Share |
| Issue Type: | Fixed Price Issue IPO |
| Issue Size: | 13.71 Cr. |
| Lot Size: | 2000 Shares |
| Issue Price: | ₹ 51 Per Equity Share |
| Listing At: | NSE Emerge |
| Listing Date: | Jun 23 2017 |
Promoters And Management:
Mr. Bhavik Suryakant Parikh
Lead Manager of Globe Textiles (India) Limited IPO:
Registrar of Globe Textiles (India) Limited IPO:
Company Address:
Globe Textiles (India) Limited
Plot No. 38 to 41, Ahmedabad Apparel Park,
GIDC Khokhra,
Ahmedabad 380008, Gujarat
Phone: +91 79 2293 1881/82/83/84
Fax: +91 79 26442808
Email: info@globetextiles.net
Website: www.globetextiles.net
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