Vaxtex Cotfab Rights Issue Details 2023

Vaxtex Cotfeb Limited was established in 2005 as “Foolproof Vyapaar Private Limited” in Kolkata. The company is engaged in textile processing and trading. The company is engaged in processing (dyeing and finishing) of grey fabrics for shirts, suits and other accessories and outsourcing for other fabric and garment companies. They process various fabrics such as 100% cotton – Lycra and Non-Lycra, cotton blends – Chief Value Cotton, polyester cotton, 100% yarn dyed cotton, polyester viscose, Terry Rayon Suiting and Mock Linen. The company also takes orders from companies for finished fabrics for corporate brands.

They process various fabrics such as 100% cotton – Lycra and Non-Lycra, cotton blends – Chief Value Cotton, polyester cotton, 100% yarn dyed cotton, polyester viscose, terry rayon suiting and mock linen. Your Company also takes orders from companies for finished fabrics for corporate brands.

This Company commenced trading of fabrics at FY in 2015-16. In the initial stage, the company traded only cotton fabrics. Later, the company started trading in other fabrics as well, but on a very small scale. It bought fabrics from grey fabric manufacturers and large wholesalers.