PI
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Open
10 Jun 2005
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Close
16 Jun 2005
3
Allotment
—
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Listing
Thu, Jul 7, 2005
Price Band
₹130 to ₹150
Issue Size
40,49,402 shares (agg. up to ₹61 Cr)
Listing Date
Thu, Jul 7, 2005
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 66.95x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2004 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Assets | 69.02 | 40.65 | 30.20 |
| Total Income | 55.76 | 32.87 | 46.46 |
| Profit After Tax | 2.68 | 1.28 | 1.88 |
| NET Worth | 16.91 | 10.69 | 8.27 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Gokaldas Exports Ltd. | Mainboard | ₹132.81 Cr | ₹425 | 203.48 | ₹630.45 | +48.34% | ₹836.85 (+0.38%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of its branded stores chain | 28.16 |
| 2 | Expand the existing garment manufacturing facilities and product design and development centre | 6.58 |
| 3 | Working Capital Margin | 17.29 |
| 4 | Expenses of the Issues | |
| Total | 52.03 |
About Provogue IPO
Provogue (India) Limited is an Indian fashion and lifestyle company. Initially launched as a menswear brand, it quickly gained recognition for its contemporary designs and strong brand positioning among urban consumers. The company expanded its presence across multiple cities through exclusive stores and multi-brand outlets. The company operates in the apparel and accessories segment, offering a wide range of products including men’s and women’s clothing, footwear, bags, luggage, and other fashion accessories. Its business model focuses on combining style with affordability, targeting young and fashion-conscious customers. The brand has also diversified into related segments such as travel accessories and lifestyle products. Provogue has built a recognizable brand identity through aggressive marketing, retail expansion, and collaborations. However, the company has also faced financial challenges, including insolvency proceedings in the past, which impacted its operations. Despite this, the brand continues to operate in the fashion and accessories space, adapting to changing market trends and consumer preferences.+ Read More
Contact Details
Provogue (India) Ltd. Address105/106, Dream Square1st Floor, Off New Link RoadAndheri (West)Mumbai, Maharashtra, 40005391 22 2869 3892investorservice@provogue.netVisit Website