Bookbuilding IPO | ₹82 Cr | Listed at BSE, NSE | Mon, Feb 12, 2007 - Wed, Feb 14, 2007
Indus Fila IPO is a book build issue of ₹82.34 crores. The issue is entirely a fresh issue of 0.48 crore shares of ₹82.34 crore.
Indus Fila IPO bidding started from Feb 12, 2007 and ended on Feb 14, 2007. The shares got listed on BSE, NSE on Mar 8, 2007.
Indus Fila IPO price band is set at ₹170 per share. The lot size for an application is 36. The minimum amount of investment required by an retail is ₹6,660 (36 shares) (based on upper price). The lot size investment for sNII is 33 lots (1,188 shares), amounting to ₹2,01,960, and for bNII, it is 164 lots (5,904 shares), amounting to ₹10,03,680.
Anand Rathi Advisors Ltd. is the book running lead manager and Datamatics Business Soultions Ltd. is the registrar of the issue.
Refer to Indus Fila IPO RHP for detailed Information.
IPO Open
Mon, Feb 12, 2007
IPO Close
Wed, Feb 14, 2007
Issue Price
₹170 per share
Market Cap (Pre-IPO)
₹329.38 Cr
| IPO Date | 12 to 14 Feb, 2007 |
| Listed on | Thu, Mar 8, 2007 |
| Face Value | ₹10 per share |
| Price Band | ₹170 to ₹185 |
| Issue Price | ₹170 per share |
| Lot Size | 36 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 48,43,789 shares (agg. up to ₹82 Cr) |
| Fresh Issue | 48,43,789 shares (agg. up to ₹82 Cr) |
| Share Holding Pre Issue | 1,45,31,367 shares |
| Share Holding Post Issue | 1,93,75,156 shares |
| BSE Script Code / NSE Symbol | 532821 / INDUSFILA |
| ISIN | INE025I01012 |
Indus Fila IPO comprises a total issue size of 48,43,789 shares. Out of which, 24,21,895 (50.00%) are allocated to QIB, 7,26,568 (15.00%) allocated to NII 16,95,326 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 24,21,895 | 50.00% | NA |
| NII (HNI) Shares Offered | 7,26,568 | 15.00% | NA |
| Retail Shares Offered | 16,95,326 | 35.00% | 47,092 |
| Total Shares Offered | 48,43,789 | 100.00% |
Investors can bid for a minimum of 36 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 36 | ₹6,120 |
| Retail (Max) | 32 | 1,152 | ₹1,95,840 |
| S-HNI (Min) | 33 | 1,188 | ₹2,01,960 |
| S-HNI (Max) | 163 | 5,868 | ₹9,97,560 |
| B-HNI (Min) | 164 | 5,904 | ₹10,03,680 |
Indus Fila Limited is a new age fashion and textile manufacturer. Indus Fila is engaged in yarn dyeing, fabric weaving, fabric processing and apparel manufacturing. Indus Fila also manufacture color dyed, solid dyed fabrics for domestic garment manufacturers and exporters.
IndusFila has multi-location production and distribution facilities spread across Bangalore and Mysore. Presently, IndusFila operates around 156 weaving looms and produce approximately 20.80 million meters of fabric per annum.
IndusFila's Operational Income and Profit after Tax (PAT) for the financial year ending March 31, 2006 was Rs 8,249.13 lacs and Rs 548.96 lacs and for the half year ended September 30, 2006 was Rs 10917.81 lacs and Rs 1063.44 lacs respectively.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part funding the capital expenditure for the expansion project - Weaving | 46.17 |
| 2 | Part funding the capital expenditure for the expansion project - Yarn Dyeing and Setting up of "Centre of Excellence" | 28.55 |
| 3 | Part funding the capital expenditure for the expansion project - Processing | 34.83 |
| 4 | Part funding the capital expenditure for the expansion project - Garmenting | 45.00 |
| 5 | Working Capital requirement for the expansion project | 7.20 |
| 6 | Pre-operative expenses and contingencies | 4.50 |
| 7 | Issue related expenses | 4.95 |
| KPI | |
|---|---|
| RoNW | 23.85% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 89.45% | 67.09% |
| Market Cap | ₹329.38 Cr. |
The Indus Fila IPO is subscribed 1.43 times on February 14, 2007 5:00:00 PM (Day 3). The public issue subscribed 0.74 times in the retail category, 1.19 times in the QIB category, and 3.86 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Management & Selling Fees | 1.65 |
| 2 | Underwriting Fees | 0.82 |
| 3 | Advertising and Marketing expenses | 0.90 |
| 4 | Printing and Stationery | 1.30 |
| 5 | Registrar to the Issue | 0.05 |
| 6 | Legal Advisers Fees | 0.08 |
| 7 | Others (listing fee, etc.) | 0.15 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹170.00 | ₹170.00 |
| Open | ₹160.00 | ₹158.90 |
| Low | ₹117.40 | ₹115.60 |
| High | ₹160.00 | ₹158.90 |
| Last Trade | ₹132.15 | ₹133.85 |
Lead Manager Reports
Indus Fila IPO is a main-board IPO of 48,43,789 equity shares of the face value of ₹10 aggregating up to ₹82 Crores. The issue is priced at ₹170 per share. The minimum order quantity is 36.
The IPO opens on Mon, Feb 12, 2007, and closes on Wed, Feb 14, 2007.
Datamatics Business Soultions Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Indus Fila IPO using UPI as a payment gateway. Zerodha customers can apply in Indus Fila IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Indus Fila IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Indus Fila IPO opens on Mon, Feb 12, 2007 and closes on Wed, Feb 14, 2007.
Indus Fila IPO lot size is 36, and the minimum amount required for application is ₹6,120.
You can apply in Indus Fila 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 Indus Fila IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Indus Fila IPO allotment status.
The Indus Fila IPO listing date is on Thu, Mar 8, 2007.
