Fixed Price IPO | ₹4 Cr | Listed at BSE SME | Wed, Jan 18, 2017 - Tue, Jan 24, 2017
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 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 Open
Wed, Jan 18, 2017
IPO Close
Tue, Jan 24, 2017
Issue Price
₹12 per share
Market Cap (Pre-IPO)
₹14.87 Cr
| IPO Date | 18 to 24 Jan, 2017 |
| Listed on | Thu, Feb 2, 2017 |
| Face Value | ₹10 per share |
| Issue Price | ₹12 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 34,00,000 shares (agg. up to ₹4 Cr) |
| Reserved for Market Maker | 1,80,000 shares Guiness Securities Ltd. (agg. up to ₹0.2160 Cr) |
| Fresh Issue (Ex Market Maker) | 32,20,000 shares (agg. up to ₹4 Cr) |
| Net Offered to Public | 32,20,000 shares (agg. up to ₹4 Cr) |
| Share Holding Pre Issue | 89,93,070 shares |
| Share Holding Post Issue | 1,23,93,070 shares |
| BSE Script Code | 540269 |
| ISIN | INE459U01018 |
Super Fine Knitters IPO comprises a total issue size of 34,00,000 shares. The net offer to the public is 32,20,000 shares, after excluding 1,80,000 shares allotted on a firm basis. Of the Net offer 16,10,000 (50.00%) allocated to NII 16,10,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 16,10,000 | 50.00% | 47.35% |
| Retail Shares Offered | 16,10,000 | 50.00% | 47.35% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,80,000 | 5.29% | |
| Total Shares Offered | 34,00,000 | 100.00% | 100.00% |
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.
| 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 | Repayment/ prepayment, in full or part, of certain indebtedness of the Company | 3.74 |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management fees including, fees and reimbursement of underwriting fees, brokerages, payment to other intermediaries such as legal advisor, peer review auditor, Registrars etc. and other out of pocket expenses. | 0.28 |
| 2 | Regulatory Fees | 0.02 |
| 3 | Other Expenses (printing, stationery expenses, postage etc.) | 0.04 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹12.00 |
| Open | ₹12.60 |
| Low | ₹12.60 |
| High | ₹12.60 |
| Last Trade | ₹12.60 |
Lead Manager Reports
Super Fine Knitters IPO is a SME IPO of 34,00,000 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹12 per share. The minimum order quantity is .
The IPO opens on Wed, Jan 18, 2017, and closes on Tue, Jan 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 Wed, Jan 18, 2017 and closes on Tue, Jan 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 Thu, Feb 2, 2017.
