Monday, August 1, 2011

FORTHCOMING IPO - IFCI FACTORS

IFCI Factors has filed DRHP with SEBI for public issue of 39.08 Mn shares.

The company intends to use the funds to augment its capital base and to meet future capital requirements.

Enam Securities is the book running lead manager to the issue.

2 comments:

  1. Sir,
    What is your opinion on Polyplex Corporation? I hold 180 shares at Rs 224. The current market price is Rs 181.

    Thanks & Regards
    Lal

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  2. I do not track Polyplex. However the company posted good numbers last year and dividend payment was also good. Now it is quoting around its yearly low. Hold for time time. The company's business line - commodity chemicals, as good prospects. Hold on till it crosses Rs 250 level.

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