Shine Fashions (India) Ltd IPO

Shine Fashions (India) Ltd is a BSE SME IPO listed on the BSE SME platform, priced at ₹40 per share. The stock debuted at ₹40 with a flat listing performance. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,20,000.

Shine Fashions (India) Ltd IPO

BSE SME Listed
₹1,20,000 (3000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Oct 22, 2020 – Oct 26, 2020
Price band
₹40 per equity share
Minimum Investment
₹1,20,000
Issue size
Fresh Issue of 3,99,000 Equity Shares of Rs 10/- at price of Rs 40/- with aggregating up to Rs 1.60 Cr
Lot size
3000
Allotment Date
Oct 30, 2020
Listing
Nov 3, 2020
Listing At
BSE SME

IPO timeline

  1. Oct 22, 2020

    Open Date

    Completed

  2. Oct 26, 2020

    Close Date

    Completed

  3. Oct 30, 2020

    Allotment Date

    Completed

  4. Nov 3, 2020

    Listing Date

    Completed

Shine Fashions (India) Ltd IPO Essentials

Shine Fashions (India) Ltd IPO Details

Shine Fashions (India) Ltd IPO is priced at ₹40 per share with a total issue size of Fresh Issue of 3,99,000 Equity Shares of Rs 10/- at price of Rs 40/- with aggregating up to Rs 1.60 Cr. The IPO has a lot size of 3000 shares and is listed on BSE SME.

Issue price
40/- Per Equity Share
Lot size
3000 shares
Face value
₹10 Per Equity Share 
Issue size
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
Registrar
Cameo Corporate Services Limited
Lead manager
Shreni Shares Private Limited

Shine Fashions (India) Ltd IPO Details

  • Retail Portion N/A

Shine Fashions (India) Ltd IPO Documents

Shine Fashions (India) Ltd IPO Analytics

Shine Fashions (India) Ltd IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Shine Fashions (India) Ltd IPO Subscription Status

Shine Fashions (India) Ltd IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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

Shine Fashions (India) Ltd Valuations

Earnings

EPS (Post IPO)
₹2.46/-
P/E Ratio
16.23

Returns

RoNW
10.37%

Data sourced from DRHP / RHP • For educational purposes only

Shine Fashions (India) Ltd Company & Offer Insights

About Shine Fashions (India) Ltd

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.

Shine Fashions (India) Ltd IPO Issue Objectives

To meet the working capital requirements.
To meet general corporate expenses.
To meet issue expenditures.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Shine Fashions (India) Ltd IPO is a Fixed Priced IPO worth ₹Fresh Issue of 3,99,000 Equity Shares of Rs 10/- at price of Rs 40/- with aggregating up to Rs 1.60 Cr. The issue price is ₹40 per share (fixed price). The IPO opens on Oct 22, 2020 and closes on Oct 26, 2020. It will be listed on BSE SME Platform. Cameo Corporate Services Limited is the registrar.

The issue price of Shine Fashions (India) Ltd IPO is ₹40 per share (fixed price).

The lot size of Shine Fashions (India) Ltd IPO is 3000 shares.

The minimum investment for Shine Fashions (India) Ltd IPO is approximately ₹1,20,000 based on the issue price .

Shine Fashions (India) Ltd IPO opens on Oct 22, 2020 and closes on Oct 26, 2020.

The allotment date of Shine Fashions (India) Ltd IPO is Oct 30, 2020.

Shine Fashions (India) Ltd IPO is expected to be listed on Nov 3, 2020, on BSE SME Platform.

Shine Fashions (India) Ltd IPO valuation snapshot: P/E 16.23, EPS ₹2.46/-, P/B N/A, RoNW 10.37%, and market cap N/A.

To apply for Shine Fashions (India) Ltd IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Shine Fashions (India) Ltd IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Shine Fashions (India) Ltd IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Shine Fashions (India) Ltd IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shine Fashions (India) Ltd IPO allotment status on IPO Ji for quick and easy access.