Amsons Apparels IPO Details

Fixed Price IPO | ₹3 Cr | Listed at BSE SME | Tue, Dec 16, 2014 - Mon, Dec 22, 2014

Amsons Apparels IPO Logo

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 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) (based on upper price). The minimum lot size for investment in 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 Open

Tue, Dec 16, 2014

IPO Close

Mon, Dec 22, 2014

Issue Price

₹10 per share

Market Cap (Pre-IPO)

₹12.28 Cr

IPO Details

IPO Date16 to 22 Dec, 2014
Listed onTue, Jan 6, 2015
Face Value10 per share
Issue Price₹10 per share
Lot Size10,000 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtBSE SME

Total Issue Size32,50,000 shares
(agg. up to ₹3 Cr)
Reserved for Market Maker
1,70,000 shares
(agg. up to ₹0.1700 Cr)
Indo Jatalia Securities Pvt.Ltd.
Fresh Issue
(Ex Market Maker)
30,80,000 shares
(agg. up to ₹3 Cr)
Net Offered to Public30,80,000 shares
(agg. up to ₹3 Cr)
Share Holding Pre Issue90,27,000 shares
Share Holding Post Issue1,22,77,000 shares
BSE Script Code 538861
ISININE812P01018

IPO Timetable

Issue Reservation

Amsons Apparels IPO comprises a total issue size of 32,50,000 shares. The net offer to the public is 30,80,000 shares, after excluding 1,70,000 shares allotted on a firm basis. Of the Net offer 15,40,000 (50.00%) allocated to NII 15,40,000 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 15,40,00050.00%47.38%
Retail Shares Offered 15,40,00050.00%47.38%
Firm Reservations
Market Maker Shares Offered 1,70,0005.23%
Total Shares Offered 32,50,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 10,000 shares and in multiples thereof. 

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
IPO Subscription Details

About Amsons Apparels Ltd.

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.

Company Financials ()

Period Ended
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Funding Long Term Working Capital Requirements 2.20
2 General Corporate Purpose 0.55

Key Performance Indicator (KPI)

KPI
RoNW0.89%
Pre IPOPost IPO
Promoter Holding35.16%25.84%
Market Cap12.28 Cr.
The Promoters of the Company are:1. Mr. Vinay Kumar
2. M/s. Mallya Real Estates Private Limited

IPO Review

[Dilip Davda]
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.  (Disclaimer: Author has no plans to invest in this IPO)
Read detail review...

Amsons Apparels IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers0001
Members0000

Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Issue management fees including fees and reimbursements of Market Making fees, selling commissions, brokerages, and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses. 0.30
2 Printing & Stationery, Distribution, Postage, etc 0.07
3 Advertisement & Marketing Expenses 0.10
4 Regulatory & other expenses 0.03

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price10.00
Open7.83
Low7.83
High7.84
Last Trade7.84

Check IPO Performance…

IPO Registrar

Beetal Financial & Computer Services Pvt.Ltd.

Contact Details

Amsons Apparels Ltd. Address
No.116, First Floor,
Hemkunt Chamber,
89, Nehru Place, New Delhi
Delhi, New Delhi
Open an Instant Account with Zerodha

IPO FAQs

Amsons Apparels IPO is a SME IPO of 32,50,000 equity shares of the face value of ₹10 aggregating up to ₹3 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000.

The IPO opens on Tue, Dec 16, 2014, and closes on Mon, Dec 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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Amsons Apparels IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Amsons Apparels IPO opens on Tue, Dec 16, 2014 and closes on Mon, Dec 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 Tue, Jan 6, 2015.

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