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Piotex Industries IPO is a book build IPO listing on BSE SME exchange. The company is based in Pune and caters to Textiles - Fabrics sector. Beeline Capital Advisors Private is the merchant banker of Piotex Industries IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 27th September 2023.
Piotex Industries IPO open date is 10th May 2024 and close date is 14th May 2024. IPO Allotment Date is 15th May 2024 and Listing date is 17th May 2024.Piotex Industries IPO size is Rs 14.47 Cr. crores with IPO price of Rs 94.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Beeline Capital Advisors Private Limited is the book-running lead manager of the Piotex Industries IPO. Cameo Corporate Services Limited is the Registrar and Market Maker is Spread X Securities Private Limited for Piotex Industries IPO.
Piotex Industries IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Piotex Industries IPO, based in Pune, operates in the Textiles - Fabrics sector with a focus on contract manufacturing and trading of yarns. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Piotex Industries IPO size is ₹ 14.47 Cr. Crores with fresh issue size of Rs 14.47 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Piotex Industries IPO is expected to be 15th May 2024, after the finalization of basis of allotment. Investors can check Piotex Industries IPO allotment status on the registrars website, Cameo Corporate Services Limited. Piotex Industries IPO refund dates are 16th May 2024.
Piotex Industries IPO is expected to be listed on 17th May 2024.
The upper price band for the Piotex Industries IPO is set at ₹ 94.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Piotex Industries IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Piotex Industries IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 14th May 2024. After submission, funds are blocked until the basis of allotment of Piotex Industries IPO is finalised.
The merchant banker for Piotex Industries IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Piotex Industries IPO RHP for further details.
The registrar for Piotex Industries IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Piotex Industries IPO through their official website or helpline.
Piotex Industries IPO was subscribed 107.44 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 14.47 Cr.
Avg IPO Size (Sector Based)
:
₹ 22.57 Cr.
Sector: Textiles - Fabrics
SME IPO so far:
11
Merchant Banker:
Beeline Capital
SME IPO by BRLM so far:
47
City:
Pune
SME IPO so far:
36
Revenue (annualised):
₹ 118.46 cr.
PE
Ratio:
15.95x
Average Sector PE Ratio: 12.18x
Piotex Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Piotex Industries Financial Review Page
Merchant Banker(s) of Piotex Industries IPO: Beeline Capital Advisors Private Limited
Piotex Industries IPO subscription was 107.44 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Piotex Industries IPO listed at a listing price of 114.30 against the offer price of 94.00.
The current market price of Piotex Industries is 38.50.
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