Bookbuilding IPO | ₹61 Cr | Listed at BSE, NSE | Fri, Jun 10, 2005 - Thu, Jun 16, 2005
Provogue IPO is a book build issue of ₹60.74 crores. The issue is entirely a fresh issue of 0.40 crore shares of ₹60.74 crore.
Provogue IPO bidding started from Jun 10, 2005 and ended on Jun 16, 2005. The shares got listed on NSE and BSE on Jul 7, 2005.
Provogue IPO is set final issue price at ₹150 per share.
SBI Capital Markets Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Provogue IPO RHP for detailed Information.
IPO Open
Fri, Jun 10, 2005
IPO Close
Thu, Jun 16, 2005
Issue Price
₹150 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 10 to 16 Jun, 2005 |
| Listed on | Thu, Jul 7, 2005 |
| Face Value | ₹10 per share |
| Price Band | ₹130 to ₹150 |
| Issue Price | ₹150 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 40,49,402 shares (agg. up to ₹61 Cr) |
| Fresh Issue | 40,49,402 shares (agg. up to ₹61 Cr) |
| Share Holding Pre Issue | 1,21,48,206 shares |
| Share Holding Post Issue | 1,61,97,608 shares |
| BSE Script Code / NSE Symbol | 532647 / PROVOGE |
| ISIN | INE968G01033 |
Provogue IPO comprises a total issue size of 40,49,402 shares. Out of which, 20,24,701 (50.00%) are allocated to QIB, 6,07,410 (15.00%) allocated to NII 14,17,291 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue |
|---|---|---|
| QIB Shares Offered | 20,24,701 | 50.00% |
| NII (HNI) Shares Offered | 6,07,410 | 15.00% |
| Retail Shares Offered | 14,17,291 | 35.00% |
| Total Shares Offered | 40,49,402 | 100.00% |
Provogue (India) Limited is an Indian fashion and lifestyle company. Initially launched as a menswear brand, it quickly gained recognition for its contemporary designs and strong brand positioning among urban consumers.
The company expanded its presence across multiple cities through exclusive stores and multi-brand outlets.
The company operates in the apparel and accessories segment, offering a wide range of products including men’s and women’s clothing, footwear, bags, luggage, and other fashion accessories. Its business model focuses on combining style with affordability, targeting young and fashion-conscious customers.
The brand has also diversified into related segments such as travel accessories and lifestyle products. Provogue has built a recognizable brand identity through aggressive marketing, retail expansion, and collaborations. However, the company has also faced financial challenges, including insolvency proceedings in the past, which impacted its operations. Despite this, the brand continues to operate in the fashion and accessories space, adapting to changing market trends and consumer preferences.
| Period Ended | 30 Sep 2004 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Assets | 69.02 | 40.65 | 30.20 |
| Total Income | 55.76 | 32.87 | 46.46 |
| Profit After Tax | 2.68 | 1.28 | 1.88 |
| NET Worth | 16.91 | 10.69 | 8.27 |
| 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 its branded stores chain | 28.16 |
| 2 | Expand the existing garment manufacturing facilities and product design and development centre | 6.58 |
| 3 | Working Capital Margin | 17.29 |
| 4 | Expenses of the Issues | |
| Total | 52.03 |
| KPI | Sep 30, 2004 |
|---|---|
| RoNW | 15.83% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 68.49% | 51.37% |
The Provogue IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 66.95 | 40,49,402 | 27,11,00,095 | |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹150.00 | ₹150.00 |
| Open | ₹249.00 | ₹250.00 |
| Low | ₹240.00 | ₹225.00 |
| High | ₹299.45 | ₹299.00 |
| Last Trade | ₹247.95 | ₹245.55 |
Provogue IPO is a main-board IPO of 40,49,402 equity shares of the face value of ₹10 aggregating up to ₹61 Crores. The issue is priced at ₹150 per share. The minimum order quantity is .
The IPO opens on Fri, Jun 10, 2005, and closes on Thu, Jun 16, 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 Provogue IPO using UPI as a payment gateway. Zerodha customers can apply in Provogue IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Provogue IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Provogue IPO opens on Fri, Jun 10, 2005 and closes on Thu, Jun 16, 2005.
Provogue IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Provogue 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 Provogue IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Provogue IPO allotment status.
The Provogue IPO listing date is on .
