Fixed Price FPO | ₹50 Cr | Listed at BSE, NSE | Tue, Sep 20, 2005 - Fri, Sep 23, 2005
Alps Industries FPO is a fixed issue price of ₹49.81 crores. The issue is entirely a fresh issue of 0.42 crore shares of ₹49.81 crore.
Alps Industries FPO bidding started from Sep 20, 2005 and ended on Sep 23, 2005. The shares got listed on NSE and BSE on Oct 20, 2005.
Alps Industries FPO is set final issue price at ₹120 per share.
Standard Chartered Securities (India) Ltd. is the book running lead manager and Alankit Assignments Ltd. is the registrar of the issue.
Refer to Alps Industries FPO DRHP for detailed Information.
FPO Open
Tue, Sep 20, 2005
FPO Close
Fri, Sep 23, 2005
Issue Price
₹120 per share
Market Cap (Pre-IPO)
₹130.49 Cr
| IPO Date | 20 to 23 Sep, 2005 |
| Listed on | Thu, Oct 20, 2005 |
| Face Value | ₹10 per share |
| Issue Price | ₹120 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price FPO |
| Listing At | BSE, NSE |
| Total Issue Size | 41,50,500 shares (agg. up to ₹50 Cr) |
| Reserved for Private Promoter | 15,00,000 shares (agg. up to ₹18 Cr) |
| Fresh Issue | 26,50,500 shares (agg. up to ₹32 Cr) |
| Net Offered to Public | 26,50,500 shares (agg. up to ₹32 Cr) |
| Share Holding Pre Issue | 67,23,800 shares |
| Share Holding Post Issue | 1,08,74,300 shares |
| BSE Script Code / NSE Symbol | 530715 / ALPSINDUS |
| ISIN | INE093B01015 |
Alps Industries FPO comprises a total issue size of 26,50,000 shares. The net offer to the public is 11,50,000 shares, after excluding 15,00,000 shares allotted on a firm basis. Of the Net offer 13,25,000 (50.00%) allocated to NII 13,25,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 13,25,000 | 50.00% | 50.00% |
| Retail Shares Offered | 13,25,000 | 50.00% | 50.00% |
| Firm Reservations | |||
| Private Promoter Shares Offered | 15,00,000 | 56.60% | |
| Total Shares Offered | 26,50,000 | 100.00% | 100.00% |
Founded in 1962 and based in Ghaziabad, India, Alps Industries Ltd. is a vertically integrated manufacturer of home furnishings, textiles, and fashion accessories, known for its focus on sustainable, eco-friendly products. The company produces bedding, curtains, yarns, and technical textiles (including fire-retardant fabrics) for international markets.
The company's product range includes bedding, window dressings, decorative pillows, table/kitchen linen, yarn, and fashion accessories like scarves and stoles.
The compan produces vegetable-dyed fabrics, organic cotton, and recycled cotton fabrics.
The company operates multiple manufacturing units, including a 100% export-oriented unit, and holds certifications such as ISO 14001, GOTS, and OEKO-TEX.
The company also manufactures specialised products, including fabrics for automotive seats and fire-retardant materials.
| Period Ended | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Assets | 218.22 | 154.24 | 143.66 |
| Total Income | 184.05 | 159.57 | 137.59 |
| Profit After Tax | 14.13 | 5.61 | 5.18 |
| NET Worth | 74.98 | 61.30 | 52.14 |
| Reserves and Surplus | 70.86 | 57.80 | 51.06 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of 50.161TPD Spinning Unit | 107.67 |
| 2 | Contingencies | 6.00 |
| 3 | Long Term Working Capital | 24.01 |
| 4 | Public Issue Expenses | 1.83 |
| Total | 139.51 |
| KPI | Mar 31, 2005 |
|---|---|
| RoNW | 19.12% |
| Price to Book Value | 1.08 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 21.02 | 13.00 |
| P/E (x) | 5.71 | 9.23 |
| Promoter Holding | 38.0% | 37.29% |
| Market Cap | ₹130.49 Cr. |
The Alps Industries FPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 7.63 | 26,50,000 | 2,02,20,000 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manager & Registrar fees, Legal consultant Fees and other consultancy charges | 0.40 |
| 2 | Printing & Stationery / Dispatch | 0.50 |
| 3 | Brokerage | 0.33 |
| 4 | Advertisement & Marketing Expenses | 0.50 |
| 5 | Other Expenses (Listing Fees, Depository Charges etc.) | 0.10 |
| Total | 1.83 |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹120.00 | ₹120.00 |
| Open | ₹111.90 | ₹111.00 |
| Low | ₹103.40 | ₹103.00 |
| High | ₹114.00 | ₹120.00 |
| Last Trade | ₹104.65 | ₹105.60 |
Lead Manager Reports
Alps Industries FPO is a main-board FPO of 41,50,500 equity shares of the face value of ₹10 aggregating up to ₹50 Crores. The issue is priced at ₹120 per share. The minimum order quantity is .
The FPO opens on Tue, Sep 20, 2005, and closes on Fri, Sep 23, 2005.
Alankit Assignments Ltd. is the registrar for the FPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Alps Industries FPO using UPI as a payment gateway. Zerodha customers can apply in Alps Industries FPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Alps Industries FPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Alps Industries FPO opens on Tue, Sep 20, 2005 and closes on Fri, Sep 23, 2005.
Alps Industries FPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Alps Industries FPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Alps Industries FPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Alps Industries FPO allotment status.
The Alps Industries FPO listing date is on .
