Bookbuilding IPO | ₹350 Cr | Listed at BSE, NSE | Wed, Dec 3, 2014 - Fri, Dec 5, 2014
Monte Carlo Fashions IPO is a book build issue of ₹350.43 crores. The issue is entirely an offer for sale of 0.54 crore shares of ₹350.43 crore.
Monte Carlo Fashions IPO bidding started from Dec 3, 2014 and ended on Dec 5, 2014. The shares got listed on BSE, NSE on Dec 19, 2014.
Monte Carlo Fashions IPO price band is set at ₹645 per share. The lot size for an application is 23. The minimum amount of investment required by an retail is ₹14,835 (23 shares) (based on upper price). The lot size investment for sNII is 14 lots (322 shares), amounting to ₹2,07,690, and for bNII, it is 68 lots (1,564 shares), amounting to ₹10,08,780.
Axis Bank Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Monte Carlo Fashions IPO RHP for detailed Information.
IPO Open
Wed, Dec 3, 2014
IPO Close
Fri, Dec 5, 2014
Issue Price
₹645 per share
Market Cap (Pre-IPO)
₹1,401.72 Cr
| IPO Date | 3 to 5 Dec, 2014 |
| Listed on | Fri, Dec 19, 2014 |
| Face Value | ₹10 per share |
| Price Band | ₹630 to ₹645 |
| Issue Price | ₹645 per share |
| Lot Size | 23 Shares |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 54,33,016 shares (agg. up to ₹350 Cr) |
| Offer for Sale | 54,33,016 shares of ₹10 (agg. up to ₹350 Cr) |
| Share Holding Pre Issue | 2,17,32,064 shares |
| Share Holding Post Issue | 2,17,32,064 shares |
| BSE Script Code / NSE Symbol | 538836 / MONTECARLO |
| ISIN | INE950M01013 |
Monte Carlo Fashions IPO comprises a total issue size of 54,33,016 shares. Out of which, 27,16,507 (50.00%) are allocated to QIB, 8,14,953 (15.00%) allocated to NII 19,01,556 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 27,16,507 | 50.00% | NA |
| − Anchor Investor Shares Offered | 16,29,904 | 30.00% | NA |
| − QIB (Ex. Anchor) Shares Offered | 10,86,603 | 20.00% | NA |
| NII (HNI) Shares Offered | 8,14,953 | 15.00% | NA |
| Retail Shares Offered | 19,01,556 | 35.00% | 82,676 |
| Total Shares Offered | 54,33,016 | 100.00% |
Investors can bid for a minimum of 23 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 23 | ₹14,835 |
| Retail (Max) | 13 | 299 | ₹1,92,855 |
| S-HNI (Min) | 14 | 322 | ₹2,07,690 |
| S-HNI (Max) | 67 | 1,541 | ₹9,93,945 |
| B-HNI (Min) | 68 | 1,564 | ₹10,08,780 |
Incorporated in 1984, Monte Carlo Fashions Limited is the leading apparel brand in India; especially famous for exclusive woolen brand 'Monte Carlo'.
Company cater to the premium and mid-premium branded apparel segment for men, women and kids, offering a comprehensive line of woolen, cotton and cotton-blended knitted and woven apparel and home furnishings through our 'Monte Carlo Exclusive Brand Outlets' and multi brand outlets, including a network of national chain stores under the 'Monte Carlo' brand.
Monte Carlo has 190 Monte Carlo Brand Outlets in India; out of which 80 are owned by the company and the rest are franchisees.
Monte Carlo operates 2 manufacturing facilities in Ludhiana, one for our woolen apparel products and one for our cotton apparel products.
A Mauritius based private equity firm acquired acquired a stake in Monte Carlo in June 2012. Samara Capital currently holds 18.51 per cent of the pre-offer capital of the company.
Post issue; the promoters will have up to 64 per cent stake, public would be 25 per cent, and Samara Capital would retain 11 per cent stake in the company.
| Period Ended |
|---|
| Amount in ₹ Crore |
| KPI | |
|---|---|
| RoNW | 14.55% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 81.06% | 63.63% |
| Market Cap | ₹1,401.72 Cr. |
The Monte Carlo IPO is subscribed 7.83 times on December 5, 2014 6:53:00 PM (Day 3). The public issue subscribed 6.96 times in the retail category, 13.96 times in the QIB category, and 1.71 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 13.96 | 10,86,603 | |
| NII | 1.71 | 8,14,953 | |
| Retail | 6.96 | 19,01,556 | |
| Total | 7.83 | 38,03,112 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to BRLMs (including Underwriting commission) | 10.63 |
| 2 | Advertising and marketing expenses | 3.37 |
| 3 | Fees payable to the Registrar to the Offer | 0.65 |
| 4 | Brokerage and selling commission payable to Syndicate | 0.60 |
| 5 | Brokerage and selling commission payable to Registered Brokers | 0.35 |
| 6 | Processing fees to SCSBs for ASBA Applications procured by the members of the Syndicate or Registered Brokers and submitted with the SCSBs* | 0.12 |
| 7 | Others (listing fees, legal, stationery charges, bankers to the Offer) | 5.77 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹645.00 | ₹645.00 |
| Open | ₹585.00 | ₹584.00 |
| Low | ₹528.15 | ₹530.00 |
| High | ₹632.45 | ₹632.00 |
| Last Trade | ₹566.40 | ₹567.30 |
Monte Carlo Fashions IPO is a main-board IPO of 54,33,016 equity shares of the face value of ₹10 aggregating up to ₹350 Crores. The issue is priced at ₹645 per share. The minimum order quantity is 23.
The IPO opens on Wed, Dec 3, 2014, and closes on Fri, Dec 5, 2014.
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 Monte Carlo Fashions IPO using UPI as a payment gateway. Zerodha customers can apply in Monte Carlo Fashions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Monte Carlo Fashions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Monte Carlo Fashions IPO opens on Wed, Dec 3, 2014 and closes on Fri, Dec 5, 2014.
Monte Carlo Fashions IPO lot size is 23, and the minimum amount required for application is ₹14,835.
You can apply in Monte Carlo 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 Monte Carlo Fashions IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Monte Carlo Fashions IPO allotment status.
The Monte Carlo Fashions IPO listing date is on Fri, Dec 19, 2014.
