S.P.Apparels Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

02 Aug 2016

Close Date

04 Aug 2016

Allotment

10 Aug 2016

Listing Date

12 Aug 2016

Exchange

NSE & BSE

Price Band

₹268

Listing Price

See chart

Allotment Status

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Price Band

₹268

Per share

Face Value

₹10 per share

Lot Size

55 Shares

per lot

Issue Size

89,22,388 shares (aggregating up to ₹239.12 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹14,740

1 lot

Pre-IPO Holding

1,71,45,212 shares

Promoters

Post-IPO Holding

2,60,67,600 shares

Promoters

UPI Deadline

2016-08-04

Mandate

Anchor AllotmentMon, 01 Aug 2016

Basis of AllotmentWed, 10 Aug 2016

Refund InitiationThu, 11 Aug 2016

Demat CreditThu, 11 Aug 2016

Listing DayFri, 12 Aug 2016

UPI Mandate Deadline2016-08-04

Sale TypeFresh Capital-cum-Offer for Sale

Fresh Issue Shares80,22,388 shares (aggregating up to ₹215.00 Cr)

Offer for Sale9,00,000 shares of ₹10 (aggregating up to ₹24.12 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

S.P.Apparels Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 04 Aug 2016.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	8,922,375	100%	₹239.12

IPO Shares Offered

S.P.Apparels Ltd. IPO total issue size: ₹239.12 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Total	8,922,375	₹239.12	100.00%

* Based on upper price band ₹268 per share

Lot Size & Investment

Lot Size

Shares per Lot

Issue Price

₹268.00

Upper Band

Min Investment

₹14,740

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	110	₹29,480
Retail (Max — 13 Lots)	13	715	₹191,620
S-HNI (Min — 14 Lots)	14	770	₹206,360
B-HNI (Min — 68 Lots)	68	3,740	₹1,002,320

* Issue Price ₹268 × Lot Size 55 shares

IPO Schedule

Anchor

01 Aug 2016

✓ Done

IPO Open

02 Aug 2016

✓ Done

IPO Close

04 Aug 2016

✓ Done

Allotment

10 Aug 2016

✓ Done

Refunds

11 Aug 2016

✓ Done

Demat Credit

11 Aug 2016

✓ Done

Listing Day

12 Aug 2016

✓ Done

₹268.00

INR · BSE

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Issue ₹268.00 Live Price

About S.P.Apparels Ltd.

Incorporated in 1989, S P Apparels is engaged in manufactures and sells knitted garments for infants and children in India. Company's product range includes body suits, sleep suits, tops, and bottoms. Information in this paragraph is taken from chittorgarh.com, India's No. 1 IPO Investment Portal.They also manufacture a broad range of menswear garments consisting of shirts, polo shirts, tshirts, trousers, jeans, sweaters, jackets and men's innerwear consisting of vests, briefs, boxer shorts and socks under the brand 'Crocodile' which is subsidiaries through an agreement with Crocodile International Pte Limited, Singapore. They mainly export their products to United Kingdom. During FY16, the company exported approximately 35.98 million pieces of knitted garments for infants and children directly to its international customers, including TESCO and Primark.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.

Objects of the Issue

1 Repayment or prepayment of debt incurred by the Company

2 Expansion and modernization of the manufacturing facility at Valapady, Salem, Tamil Nadu

3 Opening of new stores for the sale of ‘Crocodile’ brand products

4 Addition of balancing machineries for the existing dyeing unit at SIPCOT, Perundurai

5 General corporate purposes

S.P.Apparels Ltd. Financials (Amount in ₹ Crore)

Revenue from Operations

₹453.3

31-Mar-14

₹482.5

31-Mar-15

₹541.7

31-Mar-16

Profit After Tax (PAT)

₹7.2

31-Mar-14

₹10.9

31-Mar-15

₹37.4

31-Mar-16

Particulars	31-Mar-16	31-Mar-15	31-Mar-14
Revenue from Operations	541.74	482.47	453.33
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	37.36	10.92	7.15
Net Worth	N/A	N/A	N/A
Total Assets	578.04	530.41	537.04
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered89,22,375 (100.00%)

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter Holding1,71,45,212 shares

Post-Issue Promoter Holding2,60,67,600 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

spal.ipo@linkintime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html

Check Allotment

Book Running Lead Managers

Centrum Capital Ltd.

Motilal Oswal Investment Advisors Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much S.P.Apparels Ltd. IPO subscribed? ▲

S.P.Apparels Ltd. IPO is subscribed 1.00 times by Aug 04, 2016. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is S.P.Apparels Ltd. IPO retail subscription status? ▼

The S.P.Apparels Ltd. IPO retail category is subscribed 1.00 times as of 04 Aug 2016. The retail portion is oversubscribed.

How to subscribe S.P.Apparels Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 02 Aug 2016 and closes 04 Aug 2016. Min investment: ₹14,740 (1 lot = 55 shares). UPI mandate: 2016-08-04.

How many times S.P.Apparels Ltd. IPO subscribed? ▼

The S.P.Apparels Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check S.P.Apparels Ltd. IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 10 Aug 2016. Refunds: on 11 Aug 2016.

When S.P.Apparels Ltd. IPO will be listed? ▼

The S.P.Apparels Ltd. IPO listing date is 12 Aug 2016, Friday. Listed on: NSE & BSE. Issue price: ₹268. Estimated listing: ₹268. GMP: NIL.

When S.P.Apparels Ltd. IPO close? ▼

The S.P.Apparels Ltd. IPO closes on 04 Aug 2016, Thursday. UPI mandate: 2016-08-04. Allotment: 10 Aug 2016. Listing: 12 Aug 2016.

Quick Actions

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Live Price LIVE

Last Price₹268.00

Change—

Issue Price₹268.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹268

Face Value₹10

Lot Size55 Sh

Min. Amount₹14,740

GMPNIL

Est. Listing₹268

Subscribed1.00x

Open Date02 Aug 2016

Close Date04 Aug 2016

Allotment10 Aug 2016

Listing Date12 Aug 2016

ExchangeNSE & BSE

UPI Deadline2016-08-04