IPO

S P Apparels Ltd IPO

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Offer Date: Aug 2, 2016 - Aug 4, 2016

₹ 14740 /55 Shares

02 Aug, 2016

Open Date

04 Aug, 2016

Close Date

10 Aug, 2016

Allotment Date

12 Aug, 2016

Listing Date
IPO Issue Details
  • Issue Price Rs 258/- to Rs 268/- per Equity Share 
  • Face Value Rs 10/- Per Equity Share 
  • Issue Price Total issue of 8,922,388 Equity Shares of Rs 10/- at a price of Rs 258/- to Rs 268/- per share aggregating to Rs 239.12 Cr> Fresh issue of 8,022,388 Equity Shares of Rs 10/- at a price of Rs 258/- to Rs 268/- per share aggregating to Rs 215.00 Cr> Offer for Sale of 900,000 Equity Shares of Rs 10/- at a price of Rs 258/- to Rs 268/- per share aggregating to Rs [.] Cr
  • Listing at BSE, NSE ( T- Group )
  • Lead Manager Centrum Capital Limited, Motilal Oswal Investment Advisor Pvt Ltd.
  • Registrar Link Intime India Private Limited
IPO Details
  • Retail Portion N/A
IPO Details


The IPO of is priced at ₹258 - 268 per equity share, which has a face value of Rs 10/- Per Equity Share  each, IPO bidding starts from Aug 2, 2016 and ends on Aug 4, 2016. The allotment for IPO will be finalized on Aug 10, 2016. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Aug 12, 2016. The company shall list its equity shares on the BSE, NSE ( T- Group ). Link Intime India Private Limited is the registrar of the issue.

The book-running lead manager for the IPO is/are Centrum Capital Limited, Motilal Oswal Investment Advisor Pvt Ltd..


The IPO sets its price band at 258 - 268 for each share. A single application for S P Apparels Ltd IPO must contain at least 55 shares.

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IPO Subscription Analysis And Details
Retail
3.00x
QIB
3.00x
NII
10.00x
Total
17.00x
As on QIB NII Retail Total
Shares Offered / Reserved 12,28,094 9,30,283 21,70,661 43,29,038
Day 1 24-04-19
0 0.00 x 93,145 0.10 10,82,770 0.50 x 11,75,915 0.27 x
Day 2 25-04-19
11,61,160 0.95 x 10,40,650 1.12 68,45,995 3.15 x 90,47,805 2.09 x
Day 3 26-04-19
3,74,48,580 30.49 x 10,59,42,525 113.88 3,45,90,855 15.94 x 17,79,81,960 41.11 x
Valuations
Earnings Per Share (EPS) Rs 4.51/-
P/E Ratio 47.67
RoNW 19.91%
Net Asset Value (NAV) - As on 31.12.18 Rs 30.62
IPO - Issue Objectives
1

The Offer for SaleS p Apparels Will not receive any proceeds from the offer for Sale

2

Fresh IssueA. Repayment or pre-payment of debt incurred by the companyB. Expansion and Modernization of their manufacturing Facilityat Valapady, Salem, Tamil Nadu C. Addition of balancing machineries for their existing dyeing unit at SIPCOT, Perundurai D. Opening of new stores for the sale of 'Crocodile' products and E. General corporate purposes

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