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Indus Fila Limited IPO (Indus Fila IPO) Detail

February 12, 2007 - February 14, 2007

Indus Fila IPO is a book built issue of Rs 82.34 crores.

Indus Fila IPO bidding started from February 12, 2007 and ended on February 14, 2007. The shares got listed on BSE, NSE on March 8, 2007.

Indus Fila IPO price band is set at ₹170 to ₹185 per share. The minimum lot size for an application is 36 Shares. The minimum amount of investment required by retail investors is ₹6,660.

Anand Rathi Securities Limited is the book running lead manager of the Indus Fila IPO, while Datamatics Financial Services Ltd is the registrar for the issue.

Refer to Indus Fila IPO RHP for detailed information.

Indus Fila IPO Details

IPO Date February 12, 2007 to February 14, 2007
Listing Date March 8, 2007
Face Value ₹10 per share
Price Band ₹170 to ₹185 per share
Lot Size 36 Shares
Total Issue Size4,843,789 shares
(aggregating up to ₹82.34 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Indus Fila IPO Lot Size

Investors can bid for a minimum of 36 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 36 ₹6,660
Retail (Max) 30 1080 ₹199,800
Lot Size Calculator

About Indus Fila Limited

Indus Fila Limited is a new age fashion and textile manufacturer. Indus Fila is engaged in yarn dyeing, fabric weaving, fabric processing and apparel manufacturing. Indus Fila also manufacture color dyed, solid dyed fabrics for domestic garment manufacturers and exporters.

IndusFila has multi-location production and distribution facilities spread across Bangalore and Mysore. Presently, IndusFila operates around 156 weaving looms and produce approximately 20.80 million meters of fabric per annum.

IndusFila's Operational Income and Profit after Tax (PAT) for the financial year ending March 31, 2006 was Rs 8,249.13 lacs and Rs 548.96 lacs and for the half year ended September 30, 2006 was Rs 10917.81 lacs and Rs 1063.44 lacs respectively.

Objects of the Issue (Indus Fila IPO Objectives)

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and to raise capital
1. To part fund the Expansion project;
2. Additional Working Capital Requirements.


Indus Fila IPO Subscription Status (Bidding Detail)

The Indus Fila IPO is subscribed 1.43 times on February 14, 2007 5:00:00 PM. The public issue subscribed 0.74 times in the retail category, 1.19 times in the QIB category, and 3.86 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Indus Fila IPO Prospectus

Indus Fila IPO Rating

18
2.5
Rating:Rated 2.5 stars
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Indus Fila IPO Listing Details

Listing Date March 8, 2007
BSE Script Code 532821
NSE Symbol INDUSFILA
ISIN INE025I01012
Final Issue Price ₹170 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹170.00
₹160.00
₹117.40
₹160.00
₹132.15
NSE
₹170.00
₹158.90
₹115.60
₹158.90
₹133.85

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Indus Fila Limited Contact Details

Indus Fila Limited
285, 37th KM Stone,
Tumkur Road, Kasaba Hobli,
T. Begur. Nelamangala - 562123
Phone: + 91 8118-7733501
Email: pradeep@indusfila.com
Website: http://www.indusfila.com/

Indus Fila IPO Registrar

Datamatics Financial Services Ltd

Phone: +91-22-66712151
Email: indusfila@dfssl.com
Website: https://www.datamatics.com/investors/shareholder-s

Indus Fila IPO - Buy or Not

Indus Fila IPO Recommendation Summary

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Brokers 1 0 0
Members 0 0 0

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Indus Fila IPO FAQs

Indus Fila IPO is a main-board IPO of 4,843,789 equity shares of the face value of ₹10 aggregating up to ₹82.34 Crores. The issue is priced at ₹170 to ₹185 per share. The minimum order quantity is 36 Shares.

The IPO opens on February 12, 2007, and closes on February 14, 2007.

Datamatics Financial Services Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Indus Fila IPO opens on February 12, 2007 and closes on February 14, 2007.

Indus Fila IPO lot size is 36 Shares, and the minimum amount required is ₹6,660.

You can apply in Indus Fila 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 Indus Fila IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Indus Fila IPO allotment status.

The Indus Fila IPO listing date is on March 8, 2007.
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Indus Fila IPO Message Board

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7 Comments

7. tc |   Link |  Bookmark |March 4, 2007 8:41:21 AM
listing price at 150.will go on below 130 soon after loisting.sell at 150 if u get chance.
only good ipo recent times which will not be impacted at all by weak markets- mindtree listing 700+ go on to 1000 in strong markets, idea listing 90 rs go on to 150+ in 6 months very good investment ,pfc will go on to 150 ,first source 100 in 2 months.keep these 4 stocks and rest all ipo are bad and sell on listing
6. subbiah raja |   Link |  Bookmark |March 2, 2007 4:34:11 AM
it will list 185+. good luck. some persons are buying @ Rs.185/- in off market. I heared this message.
5. manish |   Link |  Bookmark |February 15, 2007 9:43:57 AM
bad response!!!!!!!!!!!!!!!!!!!!!!
4. Punter |   Link |  Bookmark |February 15, 2007 5:30:56 AM
This supposedly good issue is limping across with 1.18 times subscription at 6:00PM
3. Vikrma R |   Link |  Bookmark |February 12, 2007 6:15:43 AM
BusinessLine:
An investment can be considered in the initial public offer of Indus Fila (IFL). At Rs 185, the upper end of the price band, the offer values the company at close to 17 times its annualised FY 07 per share earnings, on an expanded equity base. The valuations are in line with that of the largest garment exporter, Gokaldas Exports. The offer is a bit stiffly priced, considering the risks of undertaking an ambitious expansion project at an early stage of its garment business, especially with the export market as a target. As the expansion is likely to happen intwo phases spanning the next two years, exposure needs to be considered from a long-term perspective.
2. Chittorgarh |   Link |  Bookmark |February 8, 2007 3:29:39 AM
bogus company dont apply
1. Aman |   Link |  Bookmark |February 7, 2007 9:24:38 PM
Where can we find grey market premiums? Any idea