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Open
12 Feb 2007
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Close
15 Feb 2007
3
Allotment
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Listing
Wed, Mar 7, 2007
Price Band
₹100 to ₹120
Issue Size
35,00,000 shares (agg. up to ₹42 Cr)
Lot Size
50 Shares
Listing Date
Wed, Mar 7, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.41x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquisition of Garment Manufacturing Facility at NSEZ, Noida | 4.49 |
| 2 | Expansion at Acquired unit at NSEZ, Noida | 16.62 |
| 3 | Expansion at existing unit at Faridabad | 3.38 |
| 4 | Long Term Working Capital Requirement | 14.74 |
| 5 | Setting up retail business activities and general corporate purposes including repayment of loans | 4.99 |
| 6 | Public Issue Expenses | 3.61 |
| 7 | Contingencies | 1.49 |
About Evinix Accessories IPO
Incorporated in 1996, Evinix Accessories Limited is in the business of designing and manufacturing of Fashion Accessories and Garments for Exports as well as Domestic markets. Evinix product range includes Bags, Caps, Hats, Belts, Scarves, Stoles, Wallets, Baby bibs, Cribs, Blanket, fashion apparels etc. Evinix is also engaged in trading of fabrics.The major buyer of products presently in the domestic markets includes Adidas India Marketing Pvt Limited, Gini & Jony and Gokaldas India, Banglore.Buyers in overseas market presently includes The GAP Inc. U.S.A, Esprit Europe Trading & Product Development, GmbH, Germany, Next Retail Limited, U.K, H & M Hennes & Mauritz AB, Sweden, Fashion Box Industries SPA, Italy, Debenhams Retail PLC, UK.In the financial year 2004-05, Evinix exported fashion accessories worth Rs 772.05 Lacs and in the financial year 2005-06 till Feb 15th 2006, Evinix exported fashion accessories to the extent of 1353.35 Lacs.The Domestic Sale of fashion accessories picked up from the beginning of the year 2005 and in the Financial Year 2005-06 till Feb 15th 2006, Evinix sold fashion accessories in domestic market to the extent Rs 1439.71 Lacs.+ Read More
Contact Details
Evinix Accessories Ltd. AddressEvinix Accessories LimitedKH 43, Sector 45Mewla MaharajpurFaridabad, Haryana, 121003+91 129 2439654investors@evinix.comVisit Website