Shine Fashions (India) Ltd IPO
BSE SMEListed On: Nov 3, 2020 at ₹ 40.0
₹ 240000 /6000 Shares
*Min Investment
22 Oct, 2020
Open Date26 Oct, 2020
Close Date30 Oct, 2020
Allotment Date03 Nov, 2020
Listing DateIPO Issue Details
- Issue Price 40/- Per Equity Share
- Face Value ₹10 Per Equity Share
- Issue Price Fresh Issue of 3,99,000 Equity Shares of Rs 10/- at price of Rs 40/- with aggregating up to Rs 1.60 Cr
- Listing at BSE SME
- List Price 40.0
- Listing Date 2020-11-03
- Lead Manager Shreni Shares Private Limited
- Registrar Cameo Corporate Services Limited
IPO Details
- Retail Portion N/A
IPO Details
Shine Fashions (India) Ltd IPO is an SME IPO, priced at 40/- Per Equity Share . The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Oct 22, 2020 to Oct 26, 2020. The allotment is expected to be finalized on Oct 30, 2020, and the tentative listing date is Nov 3, 2020.
The registrar of the IPO is Cameo Corporate Services Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 189,000 | 189,000 | 378,000 |
Day 1 22-10-20 5:00 PM | 0.86 x | 0.32 x | 0.59 x |
Day 2 23-10-20 5:00 PM | 1.52 x | 0.81 x | 1.17 x |
Day 3 26-10-20 5:00 PM | 1.83 x | 1.63 x | 1.73 x |
Valuations
About Company
Incorporated in 2019, Shine Fashions (India) Ltd is one of the leading importers and suppliers of Microdot Fusible Interlinings. The company is primarily engaged in supplying, trading, and importing of non-woven interlining fabrics, woven interlining fabrics, and microdot fusible interlinings. It offers a diversified range of products such as Cap Interlinings, Woven Stretch Interlining, Hot Web Adhesive, Tricot, Cotton Fusible Interlinings, and Trafetta.
Business sources products from reliable manufacturers and supply goods in bulk to customers in different sizes to cater to diverse customers' requirements. The company produces the best quality of fabrics, for which, it has various departments at its infrastructure facilities such as testing, quality control, packaging, and others.
IPO - Issue Objectives
To meet the working capital requirements.
To meet general corporate expenses.
To meet issue expenditures.
IPO - FAQs
Ans. Shine Fashions (India) Ltd IPO is a SME IPO. The issue is priced at 40/- Per Equity Share . The minimum order quantity is 3000 Shares. The IPO opens on Oct 22, 2020, and closes on Oct 26, 2020. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Shine Fashions (India) Ltd IPO opens on Oct 22, 2020 and closes on Oct 26, 2020.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Shine Fashions (India) Ltd IPO is Fresh Issue of 3,99,000 Equity Shares of Rs 10/- at price of Rs 40/- with aggregating up to Rs 1.60 Cr.
Ans. The Shine Fashions (India) Ltd IPO price band is set between 40/- Per Equity Share .
Ans. To apply for Shine Fashions (India) Ltd IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Shine Fashions (India) Ltd IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Shine Fashions (India) Ltd IPO is Oct 30, 2020.
Ans. The Shine Fashions (India) Ltd IPO will be listed on Nov 3, 2020.
Ans. Follow the steps to check the Shine Fashions (India) Ltd IPO allotment status online.
