Scotts Garments Ltd IPO open for Subscription as on 25 April 2013 & close 29 April 2013. Issue extended till 3 May 2013. Also note that price band has been revised from (130-132) to (118-120). ISSUE WITHDRAWN
[wptabs style=”wpui-blue” mode=”horizontal”] [wptabtitle] Company Profile[/wptabtitle] [wptabcontent]
About Company
Scotts garments with its rich tradition of manufacturing excellence since its commercial commencement in the year 1994 under the visionary leadership of Mr. Naseer Ahmed, Managing Director, a sitting member of legislative council of state of Karnataka and Joint Vice Chairman of M/s. Bombay Rayon Fashions Limited, the company continues to evolve as a major industry player commanding an annual turnover of 140 Million USD. It has 15 factories and state of the art textile mills based in Karnataka and Tamilnadu.
They have positioned themselves as a player focusing largely to changing need and trends of fashion in the readymade garment. They export their quality products to several international clients across the Globe. During the year ended Mar 2012, they have exported 91.44% of their total sales of readymade knitted and woven apparels to international clients.
Object of Issue
The object of Issue are as follows
- Setting up of unit for Trouser manufacturing & Knitting & Fabric Process
- Margin Money for working capital of new unit
- General Corporate purpose
- Meeting issue expenses
[/wptabcontent]
[wptabtitle] Issue Details[/wptabtitle] [wptabcontent]
Issue Open Thursday 25 April, 2013 Issue Close Monday 29 April, 2013 Issue Size 10,506,954 Equity Shares (Rs. 136.59-Rs. 138.69 Cr) Price Band Rs. 130- Rs. 132 Bid Lot 100 Equity Shares Cheque in Favour of
(Retail Investor) Escrow Account - SGL - R Registrar of Issue Link Intime IPO Grade Grade 3 Average Fundamental
Payment Schedule for Retail
| No. of Shares | Price per Share | Cheque Amount (Rs) |
|---|---|---|
| No. of Shares | Price per Share | Cheque Amount (Rs) |
| 100 | 132 | 13200 |
| 200 | 132 | 26400 |
| 300 | 132 | 39600 |
| 400 | 132 | 52800 |
| 500 | 132 | 66000 |
| 600 | 132 | 79200 |
| 700 | 132 | 92400 |
| 800 | 132 | 105600 |
| 900 | 132 | 118800 |
| 1000 | 132 | 132000 |
| 1100 | 132 | 145200 |
| 1200 | 132 | 158400 |
| 1300 | 132 | 171600 |
| 1400 | 132 | 184800 |
| 1500 | 132 | 198000 |
[/wptabcontent]
[wptabtitle] Allotment Listing[/wptabtitle] [wptabcontent]
Registrar of Issue : Link Intime India Pvt Ltd
Listing : NSE & BSE
[/wptabcontent]
[/wptabs]