Bookbuilding IPO | ₹133 Cr | Listed at BSE, NSE | Thu, Aug 2, 2007 - Tue, Aug 7, 2007
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 per share. The lot size for an application is 25. The minimum amount of investment required by an retail is ₹6,625 (25 shares) (based on upper price). 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 Open
Thu, Aug 2, 2007
IPO Close
Tue, Aug 7, 2007
Issue Price
₹225 per share
Market Cap (Pre-IPO)
₹847.87 Cr
| IPO Date | 2 to 7 Aug, 2007 |
| Listed on | Tue, Aug 28, 2007 |
| Face Value | ₹10 per share |
| Price Band | ₹225 to ₹265 |
| Issue Price | ₹225 per share |
| Lot Size | 25 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 59,12,100 shares (agg. up to ₹133 Cr) |
| Fresh Issue | 59,12,100 shares (agg. up to ₹133 Cr) |
| Share Holding Pre Issue | 3,17,70,792 shares |
| Share Holding Post Issue | 3,76,82,892 shares |
| BSE Script Code / NSE Symbol | 532889 / KPRMILL |
| ISIN | INE930H01015 |
K.P.R.Mill IPO comprises a total issue size of 59,12,100 shares. Out of which, 35,47,260 (60.00%) are allocated to QIB, 5,91,210 (10.00%) allocated to NII 17,73,630 (30.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max 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% |
Investors can bid for a minimum of 25 shares and in multiples thereof.
| 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 |
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.
| 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 | Expansion of the existing garment facility at Arasur, near Coimbatore | 10.59 |
| 2 | Expansion of the processing facility at State Industries Promotion Corporation of Tamil Nadu Limited ('SIPCOT"), Perundurai; | 0.56 |
| 3 | Investing in a new knitting facility at Arasur | 7.13 |
| 4 | Installing windmills at Thandyarkulam, near Tirunelveli; | 39.70 |
| 5 | Addition of balancing equipments for its existing spinning facility at Sathyamangalam | 25.96 |
| 6 | Addition of balancing equipments for its existing spinning facility at Sathyamangalam. | 13.81 |
| 7 | General Corporate Purpose | 24.16 |
| KPI | |
|---|---|
| RoNW | 17.56% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 83.92% | 70.75% |
| Market Cap | ₹847.87 Cr. |
The KPR Mill IPO is subscribed 1.19 times on August 7, 2007 5:00:00 PM (Day 4). The public issue subscribed 0.39 times in the retail category, 1.44 times in the QIB category, and 2.08 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 fee and underwriting commissions | 4.48 |
| 2 | Advertising and Marketing expenses | 2.16 |
| 3 | Printing and stationery | 2.32 |
| 4 | Others (Registrar's fee, legal fee, etc.) | 2.16 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹225.00 | ₹225.00 |
| Open | ₹201.20 | ₹175.00 |
| Low | ₹169.10 | ₹169.15 |
| High | ₹209.80 | ₹200.00 |
| Last Trade | ₹173.50 | ₹174.20 |
Lead Manager Reports
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 Crores. The issue is priced at ₹225 per share. The minimum order quantity is 25.
The IPO opens on Thu, Aug 2, 2007, and closes on Tue, Aug 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 Thu, Aug 2, 2007 and closes on Tue, Aug 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 Tue, Aug 28, 2007.
