Issue Price: Rs. 40 Per Equity Share

Issue Detail:
Issue Open: Feb 20, 2013 - Feb 22, 2013
Issue Type: Fixed Price Issue IPO
Issue Size: 1,275,000 Equity Shares of Rs. 10
Issue Size: Rs. 5.10 Crore
Face Value: Rs. 10 Per Equity Share
Market Lot: 3000 Shares
Minimum Order Quantity: 3000 Shares
Listing At: BSE SME

Incorporated in 2005, Kavita Fabrics Ltd is in the business of manufacturing synthetic fabrics from man-made yarns by using weaving technology. Based in Surat (Gujarat), Company manufactures synthetic fabrics in the form of semi-finished sarees and dress materials. They comes in various designs as per customer requirements and further processed by their customers before selling to the end-users.

The main raw material for their product is man-made yarn, which is acquired from several local suppliers. Company owns 36 jacquard power looms to undertake the weaving of the synthetic fabrics from man-made yarns.

Company Promoters:
The following are the Promoters of the Company:
1. Mr. Harish Chandak
2. Mr. Shailesh Chandak
3. Mrs. Sarika Chandak
4. Mrs. Sudha Chandak

Objects of the Issue:
The object of the issue are to:
1. To meet long-term working capital requirement;
2. To meet General Corporate expenses;
3. To meet Public Issue Expenses.