Date:05/12/2006 URL: http://www.thehindubusinessline.com/2006/12/05/stories/2006120504521500.htm

Back Oriental Trimex files for IPO

Our Bureau

New Delhi , Dec. 4

Delhi-based Oriental Trimex Ltd - engaged in cutting, polishing and processing of marble - is planning to enter the capital market with its initial public offering.

The company has filed its draft red herring prospectus with market regulator SEBI for approval.

The company has posted a total income of Rs 52 crore for the last financial year while its net worth stood at Rs 6 crore.

The company imports rough marble blocks and semi-finished slabs from West Asia , Greece, Egypt, Spain and Italy among other countries and processes the same in its plant located at Greater Noida.

Company products are used in construction of residential and commercial buildings.