Kiri Dyes and Chemicals Private Limited

Kiri Dyes and Chemicals Private Limited
Period	25-Mar to 02-Apr 2008
Size (Equity Shares)	3,750,000
Type	100% Book Building
Face Value	Rs. 10-
Price Range	Rs 125 to Rs 150
Market Lot
Max shares Retails investor can apply at cut off
Registrar	Cameo Corporate Services Ltd
Registrar's email	cameo@cameoindia.com
Lead Manager	Centrum Capital Limited
Listing	BSE, NSE
Grading
About the company
Incorporated in 1998, Kiri Dyes and Chemicals Private Limited is engaged in the business of manufacturing of reactive dyes which are called synthetic organic dyes used for cotton fabrics like garments, dress materials, bed-sheets, carpets etc. The product range of company caters to textiles, leather, paint and printing-ink industries with total production capacity of 10800 MTPA. The Industry produces a wide spectrum of products, which include Pharmaceuticals, Dyes, Man-made Fibers, Plastics, Pesticides, Fertilizers, Cosmetics and Toiletries, Paint, Auxiliary Chemicals and wide range of organic and Inorganic compounds for applications ranging from automobiles, textile industry, engineering industry, construction chemicals and food additives to veterinary and health care products.
Objects of the Issue
To fund the capital expenditure for setting up of a plant to manufacture Sulphuric Acid, Oleum and Chloro Sulphonic Acid with a combined capacity of 500 M.T. per day adjacent to its existing unit at Village Dudhwada, Taluka Padra, District Vadodara; To fund the capital expenditure for Dyes and Intermediates Unit located at GIDC, Vatva, Ahmedabad; To fund the additional working capital margin; To meet Issue expenses; To meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges.