Piotex Industries Ltd IPO

Piotex Industries Ltd. is issuing 15,39,600 shares at Rs.94 each, totalling INR 14.47crore to fund working capital needs and corporate purposes.

Important Details

Open Date : May 10, 2024 Close Date : May 14, 2024 Allotment Date: May 15, 2024 Listing Date: May 17, 2024

Important Details

IPO Price: INR 94 per share Lot Size: 1200 shares Total Issue Size: INR 14.47 crores

Fundamental Analysis

Piotex Industries Ltd financial analysis :  1. Consistent revenue growth. 2. Steady equity, reduced debt. 3. Improved profitability, higher EPS but Decreasing RoNW. 4. Weakening liquidity, impacting short-term obligations & profitability ratios.

Peer Comparison

Piotex Industries: 1. No similar product competitors listed. 2. Unable to compare industry accounting ratios.


Piotex Industries main objective is to secure funds for fulfilling working capital needs, supporting operational activities, and sustaining business growth.

Risks And Challenges

Piotex Industries Ltd risks: 1. Dependency on 3rd party manufacturers. 2. Vulnerability to equipment breakdowns. & Vendor reliance. 3. Intense textile industry competition. 4. Susceptibility to price fluctuations, supply shortages in cotton.