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K.P.R.Mill IPO is a book build issue of ₹133.02 crores. The issue is entirely a fresh issue of 0.59 crore shares of ₹133.02 crore.
K.P.R.Mill IPO bidding started from Aug 2, 2007 and ended on Aug 7, 2007. The shares got listed on BSE, NSE on Aug 28, 2007.
K.P.R.Mill IPO price band is set at ₹225.00 per share . The lot size for an application is 25. The minimum amount of investment required by an retail is ₹5,625 (25 shares). The lot size investment for sNII is 36 lots (900 shares), amounting to ₹2,02,500, and for bNII, it is 178 lots (4,450 shares), amounting to ₹10,01,250.
ICICI Securities Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to K.P.R.Mill IPO RHP for detailed Information.
| IPO Date | August 2, 2007 to August 7, 2007 |
| Listing Date | August 28, 2007 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹225 to ₹265 per share |
| Issue Price Final | ₹225 per share |
| Lot Size | 25 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 59,12,100 shares (aggregating up to ₹133.02 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 3,17,70,792 shares |
| Share Holding Post Issue | 3,76,82,892 shares |
KPR Mill IPO offers total 59,12,100 shares. Out of which 35,47,260 (60.00%) allocated to QIB, 5,91,210 (10.00%) allocated to NII, 17,73,630 (30.00%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 35,47,260 (60.00%) | NA |
| NII (HNI) Shares Offered | 5,91,210 (10.00%) | NA |
| Retail Shares Offered | 17,73,630 (30.00%) | 70,945 |
| Total Shares Offered | 59,12,100 (100.00%) |
K.P.R.Mill IPO opens on August 2, 2007, and closes on August 7, 2007.
| IPO Open Date | Thu, Aug 2, 2007 |
| IPO Close Date | Tue, Aug 7, 2007 |
| Tentative Listing Date | Tue, Aug 28, 2007 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Aug 7, 2007 |
Investors can bid for a minimum of 25 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 | 25 | ₹5,625 |
| Retail (Max) | 35 | 875 | ₹1,96,875 |
| S-HNI (Min) | 36 | 900 | ₹2,02,500 |
| S-HNI (Max) | 177 | 4,425 | ₹9,95,625 |
| B-HNI (Min) | 178 | 4,450 | ₹10,01,250 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2003, KPR Mill Limited is a leading manufacturer of readymade knitted apparel, cotton knitted fabric and yarn in India having manufacturing facilities located at Coimbatore, Sathyamangalam, and Tirupur in Tamilnadu, South India.
With a cumulative capacity of 1,11,264 Spindles, 91 Circular knitting machines and 300 Sewing machines KPR has the capacity to produce approximately 12 million pieces of readymade knitted apparel, 27000 metric tons of yarn and around 8200 metric tons of fabrics per annum.
KPR enjoys a distinguished clientele following on account of its high quality and cost effective products. The list of clients include Carrefour - France, C&A - Germany, Ethel Alustin Limited - UK, Kiabi - France, Bandos AG - Switzerland, Mother Care - UK, Innovations Club - Germany, Grouppo Industry Moda SPA - Italy, Vetir - France and Primark - UK.
| KPI | Values |
|---|---|
| RoNW | 17.56% |
The Company KPR Mill IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Expansion of the existing garment facility at Arasur, near Coimbatore | 105.91 |
| 2 | Expansion of the processing facility at State Industries Promotion Corporation of Tamil Nadu Limited ('SIPCOT"), Perundurai; | 5.60 |
| 3 | Investing in a new knitting facility at Arasur | 71.28 |
| 4 | Installing windmills at Thandyarkulam, near Tirunelveli; | 397.02 |
| 5 | Addition of balancing equipments for its existing spinning facility at Sathyamangalam | 259.58 |
| 6 | Addition of balancing equipments for its existing spinning facility at Sathyamangalam. | 138.12 |
| 7 | General Corporate Purpose | 241.56 |
| Listing Date | August 28, 2007 |
| BSE Script Code | 532889 |
| NSE Symbol | KPRMILL |
| ISIN | INE930H01015 |
| Final Issue Price | ₹225 per share |
| BSE Listing Group | B1 |
K.P.R.Mill Ltd.
No. 9, Gokul Buildings, 1st Floor,
A.K.S. Nagar, Thadagam Road,
Coimbatore – 641 001, Tamil Nadu, India
Coimbatore, Tamil Nadu
Phone: +91 422 247 9835
Email: kpr.ipo@kprmill.com
Website: http://www.kprmilllimited.com
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: mailmanager@karvy.com
Website: https://ipostatus.kfintech.com/
K.P.R.Mill IPO is a main-board IPO of 59,12,100 equity shares of the face value of ₹10 aggregating up to ₹133.02 Crores. The issue is priced at ₹225 per share. The minimum order quantity is 25.
The IPO opens on August 2, 2007, and closes on August 7, 2007.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in K.P.R.Mill IPO using UPI as a payment gateway. Zerodha customers can apply in K.P.R.Mill IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in K.P.R.Mill IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The K.P.R.Mill IPO opens on August 2, 2007 and closes on August 7, 2007.
K.P.R.Mill IPO lot size is 25, and the minimum amount required for application is ₹5,625.
You can apply in K.P.R.Mill 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 K.P.R.Mill IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the K.P.R.Mill IPO allotment status.
The K.P.R.Mill IPO listing date is on Tuesday, August 28, 2007.
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