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Open
9 Mar 2006
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Close
14 Mar 2006
3
Allotment
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Listing
Mon, Apr 10, 2006
Price Band
₹60 per share
Issue Size
1,00,00,000 shares (agg. up to ₹60 Cr)
Listing Date
Mon, Apr 10, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.27x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 | 31 Mar 2002 | 31 Mar 2001 |
|---|---|---|---|---|---|
| Total Income | 165.54 | 148.34 | 127.39 | 111.55 | 80.83 |
| Profit After Tax | 6.09 | 2.38 | 2.64 | 3.62 | 3.40 |
| NET Worth | 34.20 | 28.11 | 25.73 | 25.02 | 20.85 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Raj Rayon Ltd. | Mainboard | ₹55.25 Cr | ₹65 | 10.77 | ₹55.95 | -13.92% | ₹21.54 (-1.45%) |
| Nitin Spinners Ltd. | Mainboard | ₹49.00 Cr | ₹21 | 12.75 | ₹26.00 | +23.81% | ₹550.35 (+0.38%) |
| Ginni Filaments Ltd. | Mainboard | ₹57.78 Cr | ₹22 | 35.79 | ₹22.85 | +3.86% | ₹48.53 (+2.91%) |
| Bombay Rayon Fashions Ltd. | Mainboard | ₹94.36 Cr | ₹70 | null | ₹83.15 | +18.79% | (+0.00%) |
| Bannari Amman Spinning Mills Ltd. | Mainboard | ₹94.50 Cr | ₹135 | null | ₹132.30 | -2.00% | ₹26.71 (-1.11%) |
| Alps Industries Ltd. | Mainboard | ₹49.81 Cr | ₹120 | 5.71 | ₹105.60 | -12.00% | ₹3.43 (-1.99%) |
| Nandan Exim Ltd. | Mainboard | ₹12.00 Cr | ₹20 | null | ₹50.20 | +151.00% | ₹2.36 (-2.48%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up a new Garment Manufacturing Unit | 16.60 |
| 2 | Expansion of the existing capacity for Knitting of Fabric | 2.76 |
| 3 | Expansion of the existing capacity for Dyeing & Processing of Knitted Fabrics | 6.24 |
| 4 | Expansion of the existing capacities for Yarn Dyeing and processing | 2.50 |
| 5 | Expansion of the existing capacity Dyeing, Printing and Processing of Woven Fabrics | 5.00 |
| 6 | Additional working capital requirement | 10.00 |
| 7 | Contingencies | 2.90 |
| 8 | Issue expenses | 4.00 |
| Total | 50.00 |
About Shivalik Global IPO
Incorporated in 1997, STL Global Limited (formerly Shivalik Global Ltd.) is a vertically integrated textile company. It manufactures knitted garments, processes woven fabrics, and produces dyed yarn, catering primarily to export markets. The company operates in both textile manufacturing and real estate, exporting to the USA, EU, and Canada. The company's main focus is on the entire textile value chain, including knitting, dyeing, processing, and manufacturing readymade garments (men's, women's, and children's wear). The company produces a wide range of apparel, including men's wear, women's tops, and clothing for kids and infants. The company operates a facility in Faridabad, with a capacity for 0.25 million garments per month. The company operates in both textile manufacturing and real estate development. + Read More
Contact Details
Shivalik Global Ltd. AddressUnit No.111, Block No.11st Floor, Tribhuwan ComplexIshwar NagarNew Delhi, New Delhi, 110065+91 11 26935829investors@shivalikglobal.comVisit Website