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Open
21 Feb to 2 Mar, 2007
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Close
21 Feb to 2 Mar, 2007
3
Allotment
—
4
Listing
[.]
Price Band
₹90 to ₹108
Issue Size
42,75,000 shares (agg. up to ₹46 Cr)
Lot Size
50 Shares
Listing Date
[.]
✦ AI Insight
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| House of Pearl Fashions Ltd. | Mainboard | ₹362.84 Cr | ₹550 | null | ₹469.95 | -14.55% | ₹2,041.30 (-0.24%) |
| Kewal Kiran Clothing Ltd. | Mainboard | ₹80.60 Cr | ₹260 | null | ₹243.45 | -6.37% | ₹494.80 (-1.90%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Land | 0.17 |
| 2 | Land Development | 0.83 |
| 3 | Building | 10.15 |
| 4 | Plant & Machinery- Indigenous | 15.89 |
| 5 | Plant & Machinery- Imported | 39.69 |
| 6 | Joint Venture Development | 10.00 |
| 7 | Preoperative expenses - Finance Cost | 1.32 |
| 8 | Preoperative expenses - Start up expenses | 0.25 |
| 9 | Preoperative expenses - Contingencies | 1.39 |
About Tubeknit IPO
Tubeknit Fashions Limited is leading manufacturer and exporter of hosiery garments for about two decades. Tubeknit caters to the demand of leading International brands.Tubeknit manufacturing facilities are spread across 4 locations, in and around Tirupur.The knitted garments manufactured by Tubeknit caters to various segments in terms of age (babies /toddlers / youngsters / adults etc.), sex and usage (casual, sports wear, sweat shirts, pullovers etc.).Tubeknit has diversified customer base with concentration on the EU market. Tubeknit exports its products to various markets, including Europe and the United States. It sells its products to stores and other brands in United Kingdom, Netherlands, Germany, France and Denmark. Tubeknit relationship with key customers span over last 8 to 10 years.TFL has a track record of consistent growth at a CAGR of 23.40% from 1999 to 2004. For FY06, it posted a turnover of Rs 155.83 cr. with net profit of Rs 8.93 cr. for the nine months period ended 31st December 2006, it posted a turnover of Rs 101.17 cr. with net profit of Rs 6.24 cr.+ Read More
Contact Details
Tubeknit Fashions Ltd. AddressTubeknit Fashions Limited,SF No 137Kancheevaram Nallur,Tiruppur, Tamil Nadu+91 421 2424173investor@tubeknitfashions.comVisit Website