Sudar Garments Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

21 Feb 2011

Close Date

24 Feb 2011

Allotment

02 Mar 2011

Listing Date

11 Mar 2011

Exchange

NSE & BSE

Price Band

₹77

Listing Price

See chart

Allotment Status

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Price Band

₹77

Per share

Face Value

₹10 per share

Lot Size

81 Shares

per lot

Issue Size

90,88,000 shares (aggregating up to ₹69.98 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹6,237

1 lot

Pre-IPO Holding

94,58,975 shares

Promoters

Post-IPO Holding

18,54,697 shares

Promoters

UPI Deadline

2011-02-24

Mandate

Anchor AllotmentSun, 20 Feb 2011

Basis of AllotmentWed, 02 Mar 2011

Refund InitiationThu, 03 Mar 2011

Demat CreditThu, 03 Mar 2011

Listing DayFri, 11 Mar 2011

UPI Mandate Deadline2011-02-24

Sale TypeFresh Capital

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Sudar Garments Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 24 Feb 2011.

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	9,088,000	100%	₹69.98

IPO Shares Offered

Sudar Garments Ltd. IPO total issue size: ₹69.98 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Total	9,088,000	₹69.98	100.00%

* Based on upper price band ₹77 per share

Lot Size & Investment

Lot Size

Shares per Lot

Issue Price

₹77.00

Upper Band

Min Investment

₹6,237

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	162	₹12,474
Retail (Max — 32 Lots)	32	2,592	₹199,584
S-HNI (Min — 33 Lots)	33	2,673	₹205,821
B-HNI (Min — 161 Lots)	161	13,041	₹1,004,157

* Issue Price ₹77 × Lot Size 81 shares

IPO Schedule

Anchor

20 Feb 2011

✓ Done

IPO Open

21 Feb 2011

✓ Done

IPO Close

24 Feb 2011

✓ Done

Allotment

02 Mar 2011

✓ Done

Refunds

03 Mar 2011

✓ Done

Demat Credit

03 Mar 2011

✓ Done

Listing Day

11 Mar 2011

✓ Done

₹77.00

INR · BSE

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Issue ₹77.00 Live Price

About Sudar Garments Ltd.

Incorporated in 2002, Sudar Garments Limited is a leading manufacturer and exporter for readymade garments specialized in elegant Shirts, Trousers and wide range of apparel for Men, Women & Kids.Sudar Garments has its own manufacturing setup at Khalapur Taluka, Raigad District, Maharashtra with a built-up area of about, 29,626.30 Sq. Mtr. having a combined capacity of producing 1,66,667 pieces of shirts, dress, pants, tops, skirts, and denims per month. The company is presently manufacture under its own brand name “Glory to Glory” and will be launching shortly two more brands namely 'St. Paul' and 'Majesty'.

Objects of the Issue

1 Expansion of the existing apparel manufacturing unit

2 Meeting Working Capital Requirement

3 Setting up Retail Outlets and Brand Building

4 Meeting General Corporate Expenses

5 Meeting the Issue Expenses

Sudar Garments Ltd. Financials (Amount in Rs Cr)

Revenue from Operations

₹2,089.9

31-Mar-09

₹5,397.3

31-Mar-10

₹5,260.3

30-Sep-10

Profit After Tax (PAT)

₹58.8

31-Mar-09

₹411.3

31-Mar-10

₹407.7

30-Sep-10

Particulars	30-Sep-10	31-Mar-10	31-Mar-09
Revenue from Operations	5260.26	5397.29	2089.93
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	407.69	411.26	58.81
Net Worth	N/A	N/A	N/A
Total Assets	N/A	N/A	N/A
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

RoE

31.8%

RoCE

22.1%

RoNW

21.3%

Issue Structure & Shareholding

Total Shares Offered90,88,000 (100.00%)

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter Holding94,58,975 shares

Post-Issue Promoter Holding18,54,697 shares

P/BV RatioN/A

RoE31.8%

RoCE22.1%

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

sul.ipo@linkintime.co.in

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

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Book Running Lead Managers

Ashika Capital Ltd.

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

IPO Subscription FAQs

How much Sudar Garments Ltd. IPO subscribed? ▲

Sudar Garments Ltd. IPO is subscribed 1.00 times by Feb 24, 2011. 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 Sudar Garments Ltd. IPO retail subscription status? ▼

The Sudar Garments Ltd. IPO retail category is subscribed 1.00 times as of 24 Feb 2011. The retail portion is oversubscribed.

How to subscribe Sudar Garments Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 21 Feb 2011 and closes 24 Feb 2011. Min investment: ₹6,237 (1 lot = 81 shares). UPI mandate: 2011-02-24.

How many times Sudar Garments Ltd. IPO subscribed? ▼

The Sudar Garments Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Sudar Garments 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: 02 Mar 2011. Refunds: on 03 Mar 2011.

When Sudar Garments Ltd. IPO will be listed? ▼

The Sudar Garments Ltd. IPO listing date is 11 Mar 2011, Friday. Listed on: NSE & BSE. Issue price: ₹77. Estimated listing: ₹77. GMP: NIL.

When Sudar Garments Ltd. IPO close? ▼

The Sudar Garments Ltd. IPO closes on 24 Feb 2011, Thursday. UPI mandate: 2011-02-24. Allotment: 02 Mar 2011. Listing: 11 Mar 2011.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹77.00

Change—

Issue Price₹77.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹77

Face Value₹10

Lot Size81 Sh

Min. Amount₹6,237

GMPNIL

Est. Listing₹77

Subscribed1.00x

Open Date21 Feb 2011

Close Date24 Feb 2011

Allotment02 Mar 2011

Listing Date11 Mar 2011

ExchangeNSE & BSE

UPI Deadline2011-02-24