Sensex Today | Stock Market LIVE Updates: Piotex Industries IPO opens May 10, 2024; price band fixed at Rs. 94



The issue will be closed on Tuesday, May 14, 2024

IPO comprises a fresh issue of 15,39,600 equity shares with a face value of Rs. 10 each

The company proposes to utilize the net proceeds from the IPO to fund its working capital requirements, general corporate purposes and meet issue expenses.

The company sells cotton bales and cotton yarn, which are almost always in demand by the weaving industry

Beeline Capital Advisors Private Limited is the sole Book Running Lead Manager, and Cameo Corporate Services Limited is the Registrar for the Issue