Subject: Jindal Cotex IPO - Listing information

 Jindal Cotex IPO Stock listed yesterday and closed at the premium of around
16.33%. The Initial Public offer (IPO) was open on August 27, 2009 and
closed on September 01, 2009. IPO was oversubscribed by 2.20 times (3.0891
times in retail).

Jindal Cotex stock closed  at Rs 87.25/-, around 16.33% premium of public
issue's price of Rs 75/-. The stock was open at Rs 75/- and then keep rising
up to Rs 93.45/- before closing at Rs 87.25/-.


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Thanks & Regards

MAGNUM EQUITY BROKING LTD.

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