Piotex Industries IPO Allotment Status Online

Piotex Industries IPO Allotment Status Online

Piotex Industries IPO Allotment Status Online : Piotex Industries IPO is Open on May 10, 2024 and Close on May 14, 2024. Piotex Industries IPO to Raise ₹14.47 Crores, (1,539,600 Shares) via IPO. The Fresh Issue of ₹14.47 Crores, (1,539,600 Shares) Equity Shares of ₹10.

  • The Retail Quota Is 50%
  • QIB Is -%
  • HNI Is 50%.

 

Piotex Industries IPO Basis of Allotment Status on May 15, 2024. Piotex Industries IPO Refund Date is 16 May 2024 and Piotex Industries IPO Credit to Demat on 16 May 2024.

 

Also Read: Piotex Industries IPO Details Today, GMP Price, Date, Review

 

 

 

Piotex Industries IPO Allotment Link Online

 

 

About –

Our Company Incorporated On 24 October 2019 Is In Business Of Contract Manufacturing And Trading Of Yarn, Fabric And Cotton Bales. Our Products Are Used For Various Purposes Such As Garments & Home Furnishings, Etc. We Manufacture The Cotton Bales On Contract Basis. We Also Manufacture Cotton Yarn Through Out-Sourcing Model (Job-Work) Which Are Almost Always In Demand By The Garment Manufacturing Industry.

 

Cotton Bales : – A Cotton Bale Is A Standard-Sized And Weighted Pack Of Compressed Cotton Lint After Ginning. A Cotton Bale Is Defined As Being Refined Cotton, Packaged At A Particular Size, Manageable For Use By Modern Production Methods. A Cotton Bale Is Cotton Which Has Been Put Through A Cotton Gin (Engine) To Remove The Cotton Fibre From Seeds Or Any Dirt And Grime Which May Have Accumulated In The Raw Plant During Growth And Harvest. There Are Different Cotton Plants Which Produce Different Grades And Qualities Of Refined Cotton Fibre. Our Company Undertakes Contract Manufacturing And Trading Of Cotton Bales.

 

Cotton Yarn :-  Cotton Yarns Are Sized To Achieve Strength And Abrasion Resistance To Withstand The Motions Of Weaving. Yarn Is A Long Continuous Length Of Interlocked Fibres, Suitable For Use In The Production Of Textiles, Sewing, Crocheting, Knitting, Weaving, Embroidery, And Rope Making. We Purchase Raw Cotton From Suppliers Which Is Then Converted Into Yarn. This Process Is Done On Job Work Basis With The Manufacturing Units. After Converting Raw Cotton Into Yarn, We Sell The Finished Product As Yarn To The End Users.

 

Cotton Fabric :-  Cotton Fabric Is A Type Of Natural Cloth Created Out Of The Cotton Plant Fibres. Coming In A Wide Range Of Weaves, It Is The Most Versatile And Popular Fabric In The World. Cotton Fabric Means The Fabric Is Not Blended And Is Made Of A Stronger, Softer, And More Comfortable Natural Product Consisting Of Fibres Picked From The Plant. We Purchase Yarn From The Vendors And Convert Them Into Fabric By Outsourcing With Manufacturing Units.

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