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Amsons Apparels IPO is a fixed price issue of ₹3.25 crores. The issue is entirely a fresh issue of 0.33 crore shares of ₹3.25 crore.
Amsons Apparels IPO bidding started from Dec 16, 2014 and ended on Dec 22, 2014. The shares got listed on BSE SME on Jan 6, 2015.
Amsons Apparels IPO price is ₹10.00 per share . The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,00,000 (10000 shares). The minimum lot size investment for HNI is 3 lots (30,000 shares), amounting to ₹3,00,000.
BCB Brokerage Pvt.Ltd. is the book running lead manager and Beetal Financial & Computer Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Indo Jatalia Securities Pvt.Ltd..
Refer to Amsons Apparels IPO RHP for detailed Information.
| IPO Date | December 16, 2014 to December 22, 2014 |
| Listing Date | January 6, 2015 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹10 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 32,50,000 shares (aggregating up to ₹3.25 Cr) |
| Reserved for Market Maker | 1,70,000 shares Indo Jatalia Securities Pvt.Ltd. (aggregating up to ₹0.1700 Cr) |
| Net Offered to Public | 30,80,000 shares (aggregating up to ₹3.08 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 90,27,000 shares |
| Share Holding Post Issue | 1,22,77,000 shares |
Amsons Apparels IPO offers total 32,50,000 shares. Out of which 15,40,000 (47.38%) allocated to NII, 15,40,000 (47.38%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,70,000 (5.23%) |
| NII (HNI) Shares Offered | 15,40,000 (47.38%) |
| Retail Shares Offered | 15,40,000 (47.38%) |
| Total Shares Offered | 32,50,000 (100.00%) |
Amsons Apparels IPO opens on December 16, 2014, and closes on December 22, 2014.
| IPO Open Date | Tue, Dec 16, 2014 |
| IPO Close Date | Mon, Dec 22, 2014 |
| Tentative Listing Date | Tue, Jan 6, 2015 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Dec 22, 2014 |
Investors can bid for a minimum of 10,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹1,00,000 |
| Retail (Max) | 2 | 20,000 | ₹2,00,000 |
| HNI (Min) | 3 | 30,000 | ₹3,00,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2003, Amsons Apparels Ltd is currently engaged in the business of trading of fabrics. They are a multi-product fabric trading Company and their range includes fabrics for Silk, Polyester, Lace Fabrics, Netting Fabrics, Coarse Cotton Fabric, suiting, shirting, linen, jute and other fabrics. They primarily cater to retailers in Delhi and NCR Regions, wherein they supply mid range
of unstitched fabrics.
They are currently serving the corporate and other clients from various spheres of textile industry. Their customers during FY 2014 include Surana Enterprises, Shivam Sales Corporation, Bhagwati Traders, B K Trading Co., Vaibhav International, Paras Enterprises, GT Trading Co., Aggarwal Traders amongst others.
| KPI | Values |
|---|---|
| RoNW | 0.89% |
The Company Amsons Apparels IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Funding Long Term Working Capital Requirements | 2.20 |
| 2 | General Corporate Purpose | 0.55 |
[Dilip Davda] <p><strong><span style="font-family: Calibri; font-size: medium;">Although this IPO is at par value, considering high P/E and low preference for SME IPOs among investors and broking community, only HNIs with surplus fund can invest at their own discretion keeping in mind the entry and exit barriers.</span></strong> </p> <p style="margin: 0in 0in 0pt; text-align: justify;"><strong><span style="text-decoration: underline;"><span style="color: red;"><span style="font-family: Calibri; font-size: medium;">(Disclaimer: Author has no plans to invest in this IPO)</span></span></span></strong></p> Read detail review...
| Listing Date | January 6, 2015 |
| BSE Script Code | 538861 |
| NSE Symbol | |
| ISIN | INE812P01018 |
| Final Issue Price | ₹10 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹10.00 |
| Open | ₹7.83 |
| Low | ₹7.83 |
| High | ₹7.84 |
| Last Trade | ₹7.84 |
Amsons Apparels Ltd.
No.116, First Floor,
Hemkunt Chamber,
89, Nehru Place, New Delhi
Delhi, New Delhi
Phone: +91-11-3231 7247
Email: amsonsapparels@yahoo.com
Website: http://www.amsonsapparels.com
Beetal Financial & Computer Services Pvt.Ltd.
Phone: +91 11 29961281
Email: beetalrta@gmail.com
Website: http://www.beetalmail.com/smeipo
Amsons Apparels IPO is a SME IPO of 32,50,000 equity shares of the face value of ₹10 aggregating up to ₹3.25 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000.
The IPO opens on December 16, 2014, and closes on December 22, 2014.
Beetal Financial & Computer Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Amsons Apparels IPO using UPI as a payment gateway. Zerodha customers can apply in Amsons Apparels IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Amsons Apparels IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Amsons Apparels IPO opens on December 16, 2014 and closes on December 22, 2014.
Amsons Apparels IPO lot size is 10000, and the minimum amount required for application is ₹1,00,000.
You can apply in Amsons Apparels IPO 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 Amsons Apparels IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Amsons Apparels IPO allotment status.
The Amsons Apparels IPO listing date is on Tuesday, January 6, 2015.
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