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Ashapura Intimates Fashion Ltd IPO (Ashapura Intimates Fashion IPO) Detail

March 28, 2013 - April 4, 2013

Ashapura Intimates Fashion IPO is a fixed price issue of Rs 21.00 crores.

Ashapura Intimates Fashion IPO bidding started from March 28, 2013 and ended on April 4, 2013. The shares got listed on BSE SME on April 15, 2013.

Ashapura Intimates Fashion IPO price is ₹40 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹120,000.

Kjmc Corporate Advisors (India) Limited is the book running lead manager of the Ashapura Intimates Fashion IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Ashapura Intimates Fashion IPO RHP for detailed information.

Ashapura Intimates Fashion IPO Details

IPO Date March 28, 2013 to April 4, 2013
Listing Date April 15, 2013
Face Value ₹10 per share
Price ₹40 per share
Lot Size 3000 Shares
Total Issue Size5,250,000 shares
(aggregating up to ₹21.00 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Ashapura Intimates Fashion IPO Lot Size

Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 3000 ₹120,000
Retail (Max) 1 3000 ₹120,000
Lot Size Calculator

About Ashapura Intimates Fashion Ltd

Incorporated in 2006, Ashapura Intimates Fashion Ltd is engaged in the business of designing, branding, marketing and retailing intimate garments such as loungewear, bridal night wear, honeymoon sets, bathrobes and night wear.

Ashapura Intimates sell their products such as loungewear, bridal night wear, honeymoon sets and bathrobes under the brands �Valentine� and �N-Line�. Also night wear, maternity feeding night wear and bridal night wear (two pieces) are marketed under the brand �Night & Day� and sportswear, women�s innerwear and lingerie�s under the brands �Valentine Sportswear�, �Valentine Secret Skin� & �Valentine Pink�. Company has in house design studio for developing products and creating styles to remain updated on consumer tastes and fashion trends.

Objects of the Issue (Ashapura Intimates Fashion IPO Objectives)

The object of the issue are:

1. To set up 10 (ten) EBOs;
2. To fund branding and marketing set-up;
3. Investment in the equity shares of our Group Company;
4. To fund modernization of machineries;
5. To meet incremental working capital requirements;
6. For general corporate purposes; and
7. To meet Issue expenses.

Ashapura Intimates Fashion IPO Review (Avoid)

[Dilip Davda]  

On merchant banker's mandate front, perhaps this is the first mandate and there is no past track record. Due to entry barrier and higher pricing, better to skip.

Read detail review...

Ashapura Intimates Fashion IPO Prospectus

Ashapura Intimates Fashion IPO Rating

20
2.5
Rating:Rated 2.5 stars
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Ashapura Intimates Fashion IPO Listing Details

Listing Date April 15, 2013
BSE Script Code 535467
NSE Symbol AIFL
ISIN INE428O01016
Final Issue Price ₹40 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹40.00
₹48.05
₹47.00
₹50.45
₹49.95

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Ashapura Intimates Fashion Ltd Contact Details

Ashapura Intimates Fashion Ltd
Unit No. 3-4, Pacific Plaza,
Off Bhawani Shankar Road,
Mahim Division, Dadar (West), Mumbai
Phone: +91 22 2433 1552/3
Email: ipo@valentineloungeweargroup.com
Website: http://www.valentineloungeweargroup.com

Ashapura Intimates Fashion IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: aifl.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

Ashapura Intimates Fashion IPO - Buy or Not

Ashapura Intimates Fashion IPO Recommendation Summary

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Members 0 0 0

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Ashapura Intimates Fashion IPO FAQs

Ashapura Intimates Fashion IPO is a SME IPO of 5,250,000 equity shares of the face value of ₹10 aggregating up to ₹21.00 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000 Shares.

The IPO opens on March 28, 2013, and closes on April 4, 2013.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Ashapura Intimates Fashion IPO opens on March 28, 2013 and closes on April 4, 2013.

Ashapura Intimates Fashion IPO lot size is 3000 Shares, and the minimum amount required is ₹120,000.

You can apply in Ashapura Intimates Fashion IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Ashapura Intimates Fashion IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Ashapura Intimates Fashion IPO allotment status.

The Ashapura Intimates Fashion IPO listing date is on April 15, 2013.
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