First Winner Industries IPO

First Winner Industries IPO is ready to hit the capital markets on 9th June of 2008 with an public offering of over 55 lakh equity shares of Rs. 10 each to be issued at a price band of Rs. 120 to Rs 130 per share.

First Winner Industries Ltd. started its operations with the objective to supply the textile fabrics to wholesalers and apparel & garment manufacturers. Initially, it started trading in the textile fabrics and with a view to have its own manufacturing facilities, it has set up its own weaving unit during 2006-07 by installing 100 looms.

First Winner Industries IPO proceeds are proposed to be used for expanding the company’s business activities and to set up new manufacturing facility.

First Winner Industries IPO will close for subscription on June 12th, 2008. Post issue First Winner Industries IPO shares are proposed to be listed on Bombay Stock Exchange Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”).

Almondz Global Securities Limited is the Book Running Lead Manager to First Winner Industries IPO.

For more updates and information on First Winner Industries IPO Subscription and Allotment details do check back later.