Sensex
83,755.87 profit arw 1,000.36 (1.21%)
Nifty
25,549.00 profit arw 304.25 (1.21%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
IPO

IPO Details


S P Apparels Ltd
Registered Office: 39-A Extension Street, Kaikattipudur Avinashi, Tirupur - 641654, Tamil Nadu
Phone: 91-4296-304000
Email: csoffice@s-p-apparels.com; spindia@s-p-apparels.co
Website: www.spapparels.com
Initial public offering up to (*) equity shares of face value of Rs 10 each (the "equity shares") of the ("company") for cash at a price of Rs (*) per equity share (including a premium of Rs (*) per equity share) (the "offer price") aggregating up to Rs (*) crores consisting of a fresh issue of up to (*) equity shares of the company aggregating up to Rs 215 Crores (the "fresh issue") and an offer sale up to 900000 equity shares aggregating up to (*) million ("Offered shares") by New York Life Investment Management India Fund (FVCI) II LLC (the "selling shareholder" and such offer of equity shares by the selling shareholder, the "offer for sale"). The fresh issue and the offer for sale are together referred up to as the "offer". The offer will constitute (*) % of the fully-diluted post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs 10 each. The price band, any retail discount* and the minimum bid lot will be decided by our company and the selling shareholder in consultation with the book running lead manager (The "BRLMs")
S P Apparels Ltd
Registered Office: 39-A Extension Street, Kaikattipudur Avinashi, Tirupur - 641654, Tamil Nadu
Phone: 91-4296-304000
Email: csoffice@s-p-apparels.com; spindia@s-p-apparels.co
Website: www.spapparels.com
Initial public offering of 8,922,388 equity shares of face value of Rs. 10 each (the "equity shares") of S.P. Apparels Limited ("company") for cash at a price of Rs. 268 per equity share (including a premium of Rs. 258 per equity share) (the "offer price") aggregating Rs. 239.12 crores consisting of a fresh issue of 8,022,388 equity shares by the company aggregating up to Rs. 215.00 crores (the "fresh issue") and an offer for sale of 900,000 equity shares aggregating Rs. 24.12 crores by New York Life Investment Management India Fund (FVCI) II LLC (the "selling shareholder" and such offer of equity shares by the selling shareholder, the "offer for sale"). The fresh issue and the offer for sale are together referred to as the "offer". The offer will constitute 35.45% of the fully-diluted post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs. 10 each.
Issue Money Payable On
Opens On Closes On Application Allotment
01-Jan-1970 01-Jan-1970 ₹ 10.00 ₹ 0.00
Issue Money Payable On
Opens On Closes On Application Allotment
02-Aug-2016 04-Aug-2016 ₹ 268.00 ₹ 0.00
Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0
(₹)Cr. Lead Managers to the Issue
Project Cost 0.00 Centrum Capital Ltd
Project Financed through Current Offer 0.00
Post Issue Equity Share Capital 0.00
Issue Price ₹10.00
Project Cost 0.00 Centrum Capital Ltd
Project Financed through Current Offer 239.12
Post Issue Equity Share Capital 0.00
Issue Price ₹268.00
Projects
Repay. or prepay. of debt incurred by the company
Expansion & modernisation of manufacturing facili.
Opening of new stores for sale of Crocodile prod.
Addition of balancing machineries for dyeing unit
General corporate purposes
Promoted By
P Sundararajan
S Latha
Listing At
BSE
NSE
Registrar to the Issue

INDIAN INDICES

Sensex

83,755.87 1,000.36 (1.21%)

Nifty

25,549.00 304.25 (1.21%)

GLOBAL INDICES

USD

85.75 0.06 (0.95%)

NASDAQ
HANG SENG

24,325.41 -149.27(-0.61%)