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Open
27 Apr 2010
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Close
29 Apr 2010
3
Allotment
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Listing
Wed, May 19, 2010
Price Band
₹120 to ₹130
Issue Size
83,00,000 shares (agg. up to ₹108 Cr)
Lot Size
50 Shares
Listing Date
Wed, May 19, 2010
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.44x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of new garment manufacturing facility at MIDC, Tarapur Maharashtra | 69.09 |
| 2 | Expansion of yarn dyeing and weaving facility at MIDC, Tarapur, in the State of Maharashtra | 102.79 |
| 3 | Margin Money for Working Capital | 35.50 |
| 4 | General Corporate Purpose | |
| 5 | Meeting issue expenses | 10.73 |
About Mandhana Industries IPO
Incorporated in 1984, Mandhana Industries Limited is vertically integrated textile and garment manufacturing company in India having presence across operations ranging from yarn dyeing to garment manufacturing. Mandhana's business includes designing, yarn dyeing, weaving, processing, dyeing and garment manufacturing.Mandhana Industries currently carries out its garment manufacturing operations with 1,150 sewing machines with an overall production capacity of 36.00 lacs pieces per annum. In addition, they are also equipped to perform decoration and surface ornamentation processes like embroidery, printing & washing. As of December 31, 2009, the Company’s export customers constituted around 100 customers, which includes brands/labels and retail chains for garments including Tommy Hilfiger, Charles Vogele, FCUK, RIP CURL, All Saints, Simint, Pepe Jeans, LAFUMA, Auchan, Ben Sherman, Valentino, Colin’s and Newyorker.The Company also getting revenue from sale of yarn, with the yarn dyeing capacity of 30 lac kgs per annum. The Company caters to clients like Aditya Birla Nuvo (manufacturers of brands like Louis Phillipe, Van Heusen, Peter England, Allen Solly), Pantaloon Retail, ITC (manuf
Contact Details
Mandhana Industries Ltd. Address205/214, Peninsula CentreDr.S.S.Rao Road, Off Dr.Ambedkar RoadParel (East)Mumbai, Maharashtra, 400012+ 91-22-4353 9191ipo@mandhana.comVisit Website