Investors can avoid subscribing to the initial public offer of Jindal Cotex. Though the proposed projects have the potential to improve the company’s product mix, expand profit margins and reduce its exposure to the commodity cycle, the execution risks associated with the projects …
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Jindal Cotex IPO opens on Aug 27 `09
Posted on: August 22nd 2009 in Press Releases.
The IPO closes on September 1, 2009. Jindal Cotex Limited is planning to enter the capital market on August 27, 2009 with a public issue of 1,24,53,894 equity shares of face value of Rs10 each. The price band has been fixed at Rs70 to Rs75 per share. The IPO closes on September 1, 2009….
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