SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Kavita Fabrics to launch public issue of 12.75 lakh equity shares

11 Feb 2013 Evaluate

Gujarat-based Kavita Fabrics is all set to launch its public issue of 12.75 lakh equity shares of Rs 10 each on February 20, 2013. The company that manufactures synthetic fabrics from man-made yarns by using weaving technology aims to raise Rs 5.1 crore through the issue. The issue price is fixed at Rs 40 per share and will close for subscription on February 22.

Out of the total issue, 2.07 lakh shares will be reserved for subscription by market makers to the issue and the balance 10.68 lakh shares referred to as the net issue to the public.

The company intends to use issue proceeds for long-term working capital requirement and general corporate expenses. Promoters' holding will be reduced from 56.78 percent to 35.93 percent post issue.

The equity shares are proposed to be listed on the SME Platform of BSE. Intensive Fiscal Services Private Limited is the lead manager to the issue.

Kavita Fabrics makes synthetic fabrics in the form of semi-finished sarees and dress materials.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×