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Open
27 Dec 2016
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Close
30 Dec 2016
3
Allotment
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Listing
Mon, Jan 9, 2017
Price Band
₹68 per share
Issue Size
20,00,000 shares (agg. up to ₹14 Cr)
Lot Size
2,000 Shares
Listing Date
Mon, Jan 9, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.23x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Nandani Creation Ltd. | SME | ₹4.04 Cr | ₹28 | null | ₹33.60 | +20.00% | ₹27.91 (+0.90%) |
| Jet Knitwears Ltd. | SME | ₹4.22 Cr | ₹39 | null | ₹46.80 | +20.00% | ₹62.45 (-4.95%) |
| S.P.Apparels Ltd. | Mainboard | ₹239.12 Cr | ₹268 | null | ₹288.75 | +7.74% | ₹992.20 (-5.48%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To set up 4 new stores | 4.00 |
| 2 | Working Capital Requirements | 7.00 |
| 3 | General Corporate Purposes | 2.20 |
| 4 | Issue Expenses | 0.40 |
About Libas Designs IPO
Incorporated in 2004, Libas Designs Limited engaged in the process of fabrication of fabric into garments in India. It offers sherwanis, suits, jackets, shirts, pants, and Indo Western products for men; sarees, suits, lehengas, gowns, and anarkalis for women; accessories comprising jewelries, belts, mojaris, cufflinks, and saffa; and jute bags, such as carry, gifts, bottle, lunch, and grocery bags. The company markets its products under the LIBAS RIYAZ GANGJI brand.They have tie ups with major ecommerce players portals such as www.jabong.com, www.paytm.com, www.indianroots.com and have its own portal in the name of www.libasfashion.com. They has tie up with more than 80 Indian & international designers and have inventory of more than 500 Designer wear to choose. Currently, they have 8 stores either own or on franchisee basis.+ Read More
Contact Details
Libas Designs Ltd. AddressGala No.55Plot No.246Masrani Lane, Kurla (W)Mumbai, Maharashtra, 400070+919594092800info@libas.co.inVisit Website