S P Apparels IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 02/08 - 04/08
Issue Size ₹215.0 Cr
Issue Price ₹258 - 268
Market Lot 55 Shares
Shares on Offer 900,000
Registrar
GMP ₹15 - 20
Kostak ₹325 - 400
Subject to Sauda N/A
Listing Date 12-Aug
Listing Price ₹275
Listing Gain% 2.61

About S P Apparels Ltd IPO

Established in 1989 - has firmly ingrained to be a reputed name in the apparel industry in a span of over 2 decades with integrated manufacturing setup.

They are a leading manufacturer and exporter of knitted garments for infants and children in India. These are manufactured at they integrated facilities that allow them to provide end-to-end garment manufacturing services from greige fabric to finished products. They believe the core competency lies in the clear understanding of the specifications of knitted garments in the infants and children category, the buying preferences of the customers and the ability to deliver products of a consistent high quality that meet the product specifications and stringent compliance requirements of the international customers. The long-standing relationship with our major customers has been one of the most significant factors contributing to their growth.

They manufacture and retail menswear garments in India under the brand 'Crocodile'. They have exclusive right to manufacture, distribute and market products under the 'Crocodile' brand in India. They sell the 'Crocodile' branded products through sales and distribution network and third-party e-commerce platforms. They also have agreements with distributors in relation to the sale, marketing and distribution of 'Crocodile' products.

SP Apparels operates 21 manufacturing facilities in and around the region of Avinashi in Tamil Nadu. Company has 4,874 sewing machines, eight cutting machines, 79 embroidery machines, 17 printing machines, 16,896 spindles and 22 dyeing machines.

Please refer to http://www.s-p-apparels.com for details.

Company Financials

Particulars 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets (In ₹ Millions) 5,780.43 5,304.11 5,370.35 5,402.47 5,505.56
Total Revenue (In ₹ Millions) 5,417.43 4,824.71 4,533.30 4,300.49 4,025.16
Profit After Tax (PAT) (In ₹ Millions) 373.58 109.17 71.51 31.41 118.32

S P Apparels Ltd IPO IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - Aug 2,2016 0.00 0.07 0.22 0.12
Day 2 - Aug 3,2016 1.00 0.45 0.54 0.66
Day 3 - Aug 4,2016 2.21 5.10 1.90 2.66

Allotment Status

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IPO Allotment Status

S P Apparels Ltd IPO IPO FAQs

  1. When will S P Apparels Ltd IPO IPO open?

    S P Apparels Ltd IPO IPO will open on 02/08 and close on 04/08.

  2. What is the listing date of S P Apparels Ltd IPO IPO?

    S P Apparels Ltd IPO IPO will list on 12-Aug.

  3. What is the offer price of S P Apparels Ltd IPO IPO?

    The offer price of S P Apparels Ltd IPO IPO is ₹258 - 268.

  4. What is the lot size of S P Apparels Ltd IPO IPO?

    The lot size of S P Apparels Ltd IPO IPO is 55.

  5. What is the Grey Market Premium (GMP) price of S P Apparels Ltd IPO IPO?

    The Grey Market Premium (GMP) price of S P Apparels Ltd IPO IPO is ₹15 - 20.

  6. What is the Kostak price of S P Apparels Ltd IPO IPO?

    The Kostak price of S P Apparels Ltd IPO IPO is ₹325 - 400.

  7. What is the Subject to Sauda price for S P Apparels Ltd IPO IPO?

    The Subject to Sauda price for S P Apparels Ltd IPO IPO is Not Available at the moment.

S P Apparels Ltd IPO IPO Review/Comments

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