Bookbuilding IPO | ₹94 Cr | Listed at BSE, NSE | Fri, Nov 11, 2005 - Thu, Nov 17, 2005
Bombay Rayon Fashions IPO is a book build issue of ₹94.36 crores. The issue is entirely a fresh issue of 1.35 crore shares of ₹94.36 crore.
Bombay Rayon Fashions IPO bidding started from Nov 11, 2005 and ended on Nov 17, 2005. The shares got listed on NSE and BSE on Dec 5, 2005.
Bombay Rayon Fashions IPO is set final issue price at ₹70 per share.
Axis Bank Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Bombay Rayon Fashions IPO RHP for detailed Information.
IPO Open
Fri, Nov 11, 2005
IPO Close
Thu, Nov 17, 2005
Issue Price
₹70 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 11 to 17 Nov, 2005 |
| Listed on | Mon, Dec 5, 2005 |
| Face Value | ₹10 per share |
| Price Band | ₹60 to ₹70 |
| Issue Price | ₹70 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,34,79,686 shares (agg. up to ₹94 Cr) |
| Fresh Issue | 1,34,79,686 shares (agg. up to ₹94 Cr) |
| Share Holding Pre Issue | 3,55,00,000 shares |
| Share Holding Post Issue | 4,89,79,686 shares |
| BSE Script Code / NSE Symbol | 532678 / BRFL |
| ISIN | INE589G01011 |
Bombay Rayon Fashions IPO comprises a total issue size of 1,34,75,000 shares. The net offer to the public is 1,28,62,500 shares, after excluding 6,12,500 shares under a preferential allotment. Of the Net offer 64,31,250 (50.00%) are allocated to QIB, 19,29,375 (15.00%) allocated to NII 45,01,875 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 64,31,250 | 50.00% | 47.73% |
| NII (HNI) Shares Offered | 19,29,375 | 15.00% | 14.32% |
| Retail Shares Offered | 45,01,875 | 35.00% | 33.41% |
| Preferential Reservations | |||
| Employee Shares Offered | 6,12,500 | 4.55% | |
| Total Shares Offered | 1,34,75,000 | 100.00% | 100.00% |
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹2 Lakhs | Yes |
| Employee + RII/NII | Up to ₹2Lakhs (EMP) + RII/NII limits | Yes (EMP/RII) |
Incorporated in 1992, Bombay Rayon Fashions Limited is engaged in the manufacturing of woven fabrics and garments. The company started with fabric production and later expanded into garment manufacturing, particularly in the shirting segment, to capture higher value margins.
It operates as an integrated textile player with capabilities across fabric design, sampling, processing, and garment production. The company manufactures a wide range of woven fabrics and has developed expertise in handling complex designs and producing quality fabrics tailored to customer requirements.
Its manufacturing infrastructure includes weaving, dyeing, printing, and garment sampling facilities. The company operates fabric manufacturing units across Navi Mumbai, Silvassa, and Sonale (Thane district), along with garmenting units, supported by modern imported machinery.
Bombay Rayon Fashions Limited serves both domestic and international markets and also sources fabric from external vendors to meet demand. As of July 31, 2005, the company had 927 employees.
| Period Ended | 30 Jun 2005 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|
| Assets | 78.43 | 68.52 | 22.91 |
| Total Income | 47.41 | 127.51 | 53.75 |
| Profit After Tax | 4.78 | 7.26 | 1.80 |
| NET Worth | 53.24 | 45.53 | 7.31 |
| Reserves and Surplus | 19.25 | 12.94 | 2.34 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital expenditure for setting up the Expansion Project | 144.30 |
| 2 | Margin money for working capital requirement for the Expansion Project in the first year of operation | 17.42 |
| 3 | Issue Related Expenses | 5.67 |
| Total | 167.39 |
| KPI | Mar 31, 2024 | Mar 31, 2005 |
|---|---|---|
| RoNW | 23.35% | 15.95% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 77.07% | 55.86% |
The Bombay Rayon Fashions IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 17.26 | 1,34,75,000 | 23,26,40,300 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Management fees, underwriting commission and brokerage | 2.36 |
| 2 | Marketing and advertisement expenses | 0.71 |
| 3 | Stationary, printing and registrar expenses | 1.30 |
| 4 | Legal fees, listing fees, book building charges, auditors fees | 0.50 |
| 5 | Miscellaneous | 0.80 |
| Total | 5.67 |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹70.00 | ₹70.00 |
| Open | ₹80.00 | ₹82.30 |
| Low | ₹80.00 | ₹81.65 |
| High | ₹91.60 | ₹90.00 |
| Last Trade | ₹83.50 | ₹83.15 |
Lead Manager Reports
Bombay Rayon Fashions IPO is a main-board IPO of 1,34,79,686 equity shares of the face value of ₹10 aggregating up to ₹94 Crores. The issue is priced at ₹70 per share. The minimum order quantity is .
The IPO opens on Fri, Nov 11, 2005, and closes on Thu, Nov 17, 2005.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Bombay Rayon Fashions IPO using UPI as a payment gateway. Zerodha customers can apply in Bombay Rayon Fashions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Bombay Rayon Fashions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Bombay Rayon Fashions IPO opens on Fri, Nov 11, 2005 and closes on Thu, Nov 17, 2005.
Bombay Rayon Fashions IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Bombay Rayon Fashions 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 Bombay Rayon Fashions IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Bombay Rayon Fashions IPO allotment status.
The Bombay Rayon Fashions IPO listing date is on .
