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Open
28 Mar to 4 Apr, 2013
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Close
28 Mar to 4 Apr, 2013
3
Allotment
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Listing
Mon, Apr 15, 2013
Price Band
₹40 per share
Issue Size
52,50,000 shares (agg. up to ₹21 Cr)
Lot Size
3,000 Shares
Listing Date
Mon, Apr 15, 2013
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.32x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Set up 10 (ten) EBOs; | 3.00 |
| 2 | Incur expenses on branding and marketing set-up | 3.00 |
| 3 | Investment in the equity shares of Group Company | 1.50 |
| 4 | To fund modernization of machineries | 3.00 |
| 5 | To meet incremental working capital requirements | 7.50 |
| 6 | For general corporate purposes; and | 1.25 |
| 7 | To meet Issue expenses | 1.75 |
About Ashapura Intimates Fashion IPO
Incorporated in 2006, Ashapura Intimates Fashion Ltd is engaged in the business of designing, branding, marketing and retailing intimate garments such as loungewear, bridal night wear, honeymoon sets, bathrobes and night wear.Ashapura Intimates sell their products such as loungewear, bridal night wear, honeymoon sets and bathrobes under the brands “Valentine” and “N-Line”. Also night wear, maternity feeding night wear and bridal night wear (two pieces) are marketed under the brand “Night & Day” and sportswear, women’s innerwear and lingerie’s under the brands “Valentine Sportswear”, “Valentine Secret Skin” & “Valentine Pink”. Company has in house design studio for developing products and creating styles to remain updated on consumer tastes and fashion trends.+ Read More
Contact Details
Ashapura Intimates Fashion Ltd. AddressUnit No.3-4, Pacific PlazaOff Bhawani Shankar RoadMahim Division, Dadar (West)Mumbai, Maharashtra, 400028+91 22 2433 1552/3ipo@valentineloungeweargroup.comVisit Website