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Open
21 Feb 2011
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Close
24 Feb 2011
3
Allotment
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Listing
Fri, Mar 11, 2011
Price Band
₹72 to ₹77
Issue Size
90,88,000 shares (agg. up to ₹70 Cr)
Lot Size
81 Shares
Listing Date
Fri, Mar 11, 2011
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.30x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Cantabil Retail India Ltd. | Mainboard | ₹105.00 Cr | ₹135 | null | ₹105.00 | -22.22% | ₹254.56 (-1.15%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of the existing apparel manufacturing unit | 26.29 |
| 2 | Meeting Working Capital Requirement | 27.30 |
| 3 | Setting up Retail Outlets and Brand Building | 5.90 |
| 4 | Meeting General Corporate Expenses | 9.12 |
| 5 | Meeting the Issue Expenses | 6.16 |
About Sudar Garments IPO
Incorporated in 2002, Sudar Garments Limited is a leading manufacturer and exporter for readymade garments specialized in elegant Shirts, Trousers and wide range of apparel for Men, Women & Kids.Sudar Garments has its own manufacturing setup at Khalapur Taluka, Raigad District, Maharashtra with a built-up area of about, 29,626.30 Sq. Mtr. having a combined capacity of producing 1,66,667 pieces of shirts, dress, pants, tops, skirts, and denims per month. The company is presently manufacture under its own brand name “Glory to Glory” and will be launching shortly two more brands namely 'St. Paul' and 'Majesty'.+ Read More
Contact Details
Sudar Garments Ltd. Address117, First Floor, Vardhaman MarketSector-17, VashiNavi Mumbai, Maharashtra, 400703022 27800706/27880994ipo@sudargarments.comVisit Website