Active Clothing Co Ltd IPO

Add to Calendar 2018-03-12 12:00 AM 2018-03-14 12:00 AM Asia/Kolkata Active Clothing Co Ltd IPO Active Clothing Co Ltd India

 

Active Clothing design and manufacture high quality readymade garments at competitive prices. The company has an annual total capacity 1,258,810 pieces of sweaters, 242,190 pieces of jackets and 7,80,000 T -Shirts and Sweatshirts. The total production area in the company is 230,000 sq. ft.  Company also has sophisticated technology and framework for producing high quality clothes.

 

Date of establishment: Active clothing Co Limited was established in 2002

 

Product & Service Offering: They produce various kinds of garments in various styles which include flat knit sweaters, outwear jackets, circular knit t-shirts, sweatshirts, joggers for both men, women, kids and babywear.

 

 

Promoters of Active Clothing Co ltd.: Promoters of the company are

 

 

1. Rajesh Mehra
2. Renu Mehra and
3. Rajesh Mehra (HUF).

 

Customer segment: The key customer of Company are Levi Strauss (India) Pvt. Ltd., U.S Polo, Arrow, Izod, United Colours of Benetton, Numero Uno, Basics, Aero staple, Elle, Iconic, Pepe Jeans, Impulse buying house and other reputed international brands.

 

Objects of the Issue: The objects of the Offer is to:-
-      To Finance additional Working capital requirement
-      To Finance General corporate expense
-      To Finance issue expenses

Company Financials:

 

Active Clothing's financial performance (in INR crore)

 

FY2013

FY2014

FY2015

FY2016

FY2017

9M FY2018

Total Assets

53.23

68.92

84.88

98.37

109.98

118.94

Total revenue

80.6

103.1

110.7

112.1

120.0

99.1

Expenses

78.4

101.0

108.5

109.9

117.8

96.6

Profit after tax

1.4

1.4

1.5

1.5

1.9

1.9

 

 

Issue Detail

  • Issue Open: Mar 12, 2018
  • Issue Close: Mar 14, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 65 Per Equity Share
  • Bid Lot:2000 Shares
  • Minimum Order Quantity:2000 Shares
  • Listing At: BSE SME
  • Issue Size: • Rs 26.56 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 1,940,000 1,940,000 - 206,000 4,086,000
Day 1 - Mar 12, 2018IST 0 492,000 188,000 - - 680,000
Day 2 - Mar 13, 2018IST 0 714,000 326,000 - - 1,040,000
Day 3 - Mar 13, 2018IST 0 714,000 326,000 - - 1,040,000
Day 4 - Mar 13, 2018IST 0 714,000 326,000 - - 1,040,000
Day 5 - Mar 13, 2018IST 0 714,000 326,000 - - 1,040,000
Day 6 - Mar 14, 2018IST 0 1,122,000 640,000 - - 1,762,000
Day 7 - Mar 15, 2018IST 0 3,164,000 670,000 - - 3,834,000
Day 8 - Mar 16, 2018IST 0 3,714,000 838,000 - - 4,552,000

Listing Day Trading Information

- BSE NSE
Issue Price Rs 65.00 -
Open Rs 64.95 -
Low Rs 61.75 -
High Rs 66.40 -
Last Trade Rs 65.65 -
Volume 604,000 -

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