Date:8/11/2012,
IPO,
Domestic Company, Allots Shares(preferential or rights basis),
Polygenta Technologies Ltd, a Polyester Filament Yarn maker founded in 1981, planning to raise INR 400 million by issuing CCPs on preferential or rights basis.
Polygenta Technologies Ltd
is an integrated producer and processor of multi-filament polyester textured yarn.
Polygenta has license for the ReNEW process, a PET recycling technology, which produces a sustainable feedstock which can be further processed for use in manufacturing polyester products.
Polygenta sells its PFY products under ‘Polygold’ brand for various applications including apparel, denim, home furnishings, floor coverings, and industrial applications. Polygenta currently operates from a single plant near Nashik, Maharashtra.
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