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Open
2 Aug 2016
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Close
4 Aug 2016
3
Allotment
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Listing
Fri, Aug 12, 2016
Price Band
₹258 to ₹268
Issue Size
89,22,388 shares (agg. up to ₹239 Cr)
Lot Size
55 Shares
Listing Date
Fri, Aug 12, 2016
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.24x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Bella Casa Fashion & Retail Ltd. | SME | ₹3.43 Cr | ₹14 | null | ₹14.70 | +5.00% | ₹244.00 (+0.69%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment or prepayment of debt incurred by the Company | 63.00 |
| 2 | Expansion and modernization of the manufacturing facility at Valapady, Salem, Tamil Nadu | 70.16 |
| 3 | Opening of new stores for the sale of ‘Crocodile’ brand products | 27.85 |
| 4 | Addition of balancing machineries for the existing dyeing unit at SIPCOT, Perundurai | 4.91 |
| 5 | General corporate purposes | 35.61 |
About S.P.Apparels IPO
Incorporated in 1989, S P Apparels is engaged in manufactures and sells knitted garments for infants and children in India. Company's product range includes body suits, sleep suits, tops, and bottoms. Information in this paragraph is taken from chittorgarh.com, India's No. 1 IPO Investment Portal.They also manufacture a broad range of menswear garments consisting of shirts, polo shirts, tshirts, trousers, jeans, sweaters, jackets and men's innerwear consisting of vests, briefs, boxer shorts and socks under the brand 'Crocodile' which is subsidiaries through an agreement with Crocodile International Pte Limited, Singapore. They mainly export their products to United Kingdom. During FY16, the company exported approximately 35.98 million pieces of knitted garments for infants and children directly to its international customers, including TESCO and Primark.SP Apparels operates 21 manufacturing facilities in and around the region of Avinashi in Tamil Nadu. Company has 4,874 sewing machines, eight cutting machines, 79 embroidery machines, 17 printing machines, 16,896 spindles and 22 dyeing machines. Discuss this IPO on Chittorgarh.com, the most active IPO discussion forum.+ Read More
Contact Details
S.P.Apparels Ltd. Address39-A, Extension StreetKaikattipudurTirupurAvinashi, Tamil Nadu, 641654+91 4296 304000csoffice@s-p-apparels.comVisit Website