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S P Apparels Ltd

S P Apparels Ltd

    Registered Office : 39-A Extension Street,Kaikattipudur Avinashi,Tirupur Tamil Nadu 641654 Phone : 91-4296-304000
    Fax : 91-4296-304280

    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")

Issue

Opens On

Closes On

01-Jan-1970

01-Jan-1970

Money Payable On

Application

Allotment

10.00

0.00

Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

0.00

0.00

10.00

S P Apparels Ltd

S P Apparels Ltd

    Registered Office : 39-A Extension Street,Kaikattipudur Avinashi,Tirupur Tamil Nadu 641654 Phone : 91-4296-304000
    Fax : 91-4296-304280

    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

Opens On

Closes On

02-Aug-2016

04-Aug-2016

Money Payable On

Application

Allotment

268.00

0.00

Minimum Application for shares in Nos : 55.0 Further Multiples of : 55.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

239.12

0.00

268.00

Centrum Capital Ltd

Motilal Oswal Investment Advisors Pvt Ltd

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
  • Link Intime India Pvt Ltd