
Emerging SME Services · BSE
Piotex Industries Limited is a textile company specializing in contract manufacturing and trading of yarns, fabrics, and cotton bales. Operating in key textile hubs like Malegaon, Ichalkaranji, and Bhiwandi, the company also supplies cotton yarn to Burhanpur and Ahmedabad. Piotex has an exclusive distribution partnership with Babasaheb Deshmukh Industries Private Limited for cotton yarn products. It also offers contract labor and fabric weaving services, streamlining production by supplying yarn to weaving mills and contract workers who convert it into fabric under agreed terms. With a dedicated team of 18 employees (as of March 31, 2024), Piotex continues to strengthen its presence in the textile industry through a diverse and efficient business model.
Price Band
₹94
Issue Size
₹14.47 Cr
Lot Size
1200 shares
GMP
+35.1%
Est. Listing
₹127
at current GMP
Subscribed
107.50x
overall
Open
10 May 2024
Close
14 May 2024
Allotment
15 May 2024
Refund
16 May 2024
Demat Credit
17 May 2024
Listing
17 May 2024