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Super Fine Knitters IPO is a fixed price issue of ₹4.08 crores. The issue is entirely a fresh issue of 0.34 crore shares of ₹4.08 crore.
Super Fine Knitters IPO bidding started from Jan 18, 2017 and ended on Jan 24, 2017. The shares got listed on BSE SME on Feb 2, 2017.
Super Fine Knitters IPO price is ₹12.00 per share .
Oneview Corporate Advisors Pvt.Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The market maker of the company is Guiness Securities Ltd..
Refer to Super Fine Knitters IPO RHP for detailed Information.
| IPO Date | January 18, 2017 to January 24, 2017 |
| Listing Date | February 2, 2017 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹12 per share |
| Lot Size | |
| Sale Type | Fresh Capital |
| Total Issue Size | 34,00,000 shares (aggregating up to ₹4.08 Cr) |
| Reserved for Market Maker | 1,80,000 shares Guiness Securities Ltd. (aggregating up to ₹0.2160 Cr) |
| Net Offered to Public | 32,20,000 shares (aggregating up to ₹3.86 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 89,93,070 shares |
| Share Holding Post Issue | 1,23,93,070 shares |
Super Fine Knitters IPO offers total 34,00,000 shares. Out of which 16,10,000 (47.35%) allocated to NII, 16,10,000 (47.35%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,80,000 (5.29%) |
| NII (HNI) Shares Offered | 16,10,000 (47.35%) |
| Retail Shares Offered | 16,10,000 (47.35%) |
| Total Shares Offered | 34,00,000 (100.00%) |
Super Fine Knitters IPO opens on January 18, 2017, and closes on January 24, 2017.
| IPO Open Date | Wed, Jan 18, 2017 |
| IPO Close Date | Tue, Jan 24, 2017 |
| Tentative Listing Date | Thu, Feb 2, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Jan 24, 2017 |
Super Fine Knitters Ltd (SFKL) is a multi-divisional textile unit engage in the business of manufacturing knitted apparels for itself as well as for national and international brands and is a well-known supplier of knitted fabrics for large companies in India involved in manufacturing and exporting knitted apparels. The Company started as a fabric knitting unit and is now a well-known supplier of knitted fabrics and apparels to national and international brands. Its range of apparels covers all the age groups and segments such as for men’s wear, women’s wear, kids’ wear, boys & girls wear. SFKL uses variety of knitted fabrics such as 100% cotton to cotton lycra, 100% polyester, blended (cotton and polyester), mercerized to plain, washed to over dyed and other blended fabrics in the production of apparels. It sells all its products under the ‘Super Star’ brand.
The Company Super Fine Knitters IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Repayment/ prepayment, in full or part, of certain indebtedness of the Company | 3.74 |
[Dilip Davda] Issue appears to have been priced reasonably. Risk savvy cash surplus investors may consider medium to long term investment. Read detail review...
| Listing Date | February 2, 2017 |
| BSE Script Code | 540269 |
| NSE Symbol | |
| ISIN | INE459U01018 |
| Final Issue Price | ₹12 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹12.00 |
| Open | ₹12.60 |
| Low | ₹12.60 |
| High | ₹12.60 |
| Last Trade | ₹12.60 |
Super Fine Knitters Ltd.
269,
Industrial Area A,
Ludhiana, Punjab, 141003
Phone: +91 161 468 9900
Email: info@superfineknitters.com
Website: http://www.superfineknitters.com
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://ipo.cameoindia.com/
Super Fine Knitters IPO is a SME IPO of 34,00,000 equity shares of the face value of ₹10 aggregating up to ₹4.08 Crores. The issue is priced at ₹12 per share. The minimum order quantity is .
The IPO opens on January 18, 2017, and closes on January 24, 2017.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Super Fine Knitters IPO using UPI as a payment gateway. Zerodha customers can apply in Super Fine Knitters IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Super Fine Knitters IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Super Fine Knitters IPO opens on January 18, 2017 and closes on January 24, 2017.
Super Fine Knitters IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Super Fine Knitters 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 Super Fine Knitters IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Super Fine Knitters IPO allotment status.
The Super Fine Knitters IPO listing date is on Thursday, February 2, 2017.
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