Incorporated in 2012, 7NR Retail Limited engaged in the business of trading of apparels in the wholesale and retail segments. 7NRR operates and manages four retail stores exclusively for kids apparel brand â€œGini & Jonyâ€ across the state of Gujarat. It is also selling shirting and suiting under wholesale segment.
Currently company is supplying and marketing all sizes of Kids Garments in attractive designs with eco-friendly products. The company operates in two segments, Retail and Wholesale. The Retail segment trades in kids garments. This segment operates and manages four retail stores for kids apparel under the Gini & Jony brand. The Wholesale segment is involved in the wholesale trade of suitings, shirtings, and other textile products, as well as kids garments, such as uniforms and other fabrics. Currently 7NRR operates and manages four retail stores exclusively for kids apparel brand â€œGini & Jonyâ€ across the state of Gujarat. It is also selling shirting and suiting under wholesale segment.
The Promoters of the Company are:
1. Mr. Pinal Kanchanlal Shah
2. Mrs. Riddhi Pinal Shah
3. Mrs. Nutanben Jaykishan Patel
The object of the issue are:
1. To meet the working capital requirement
2. To meet the expenses of the Issue
»» Issue Open: Jul 5, 2017 - Jul 10, 2017
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 1,896,000 Equity Shares of Rs 10 aggregating up to Rs 5.12 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 27 Per Equity Share
»» Market Lot: 4000 Shares
»» Minimum Order Quantity: 4000 Shares
»» Listing At: BSE SME
|Number of Bids Received|
|As on Date & Time||QIB||NII||RII||Total|
|Shares Offered / Reserved|
|Day 1 - Jul 5, 2017 17:00 IST||-||8,000||1,720,000||1,728,000|
|Day 2 - Jul 6, 2017 17:00 IST||-||176,000||1,964,000||2,140,000|
|Day 3 - Jul 7, 2017 17:00 IST||-||176,000||2,028,000||2,204,000|
|Day 4 - Jul 10, 2017 17:00 IST||-||204,000||3,180,000||3,384,000|
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