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Libas Designs Limited IPO (Libas Designs IPO) Detail

Dec 27, 2016 - Dec 30, 2016

Incorporated in 2004, Libas Designs Limited engaged in the process of fabrication of fabric into garments in India. It offers sherwanis, suits, jackets, shirts, pants, and Indo Western products for men; sarees, suits, lehengas, gowns, and anarkalis for women; accessories comprising jewelries, belts, mojaris, cufflinks, and saffa; and jute bags, such as carry, gifts, bottle, lunch, and grocery bags. The company markets its products under the LIBAS RIYAZ GANGJI brand.

They have tie ups with major ecommerce players portals such as,, and have its own portal in the name of They has tie up with more than 80 Indian & international designers and have inventory of more than 500 Designer wear to choose. Currently, they have 8 stores either own or on franchisee basis.

Company Promoters:

The Promoters of the company are:

1. Mrs. Reshma Riyaz Ganji;
2. Mr. Riyaz Eqbal Ganji and
3. Mr. Nishant Mitrasen Mahimtura

Objects of the Issue:

The objects of the Issue are:

1. To set up 4 new stores;
2. To meet the working capital requirements of the Company including margin money;
3. General Corporate Purposes;
4. Issue Expenses.

Issue Detail:

  »»  Issue Open: Dec 27, 2016 - Dec 30, 2016
  »»  Issue Type: Fixed Price Issue IPO
  »»  Issue Size: 2,000,000 Equity Shares of Rs 10 aggregating up to Rs 13.60 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 68 Per Equity Share
  »»  Market Lot: 2000 Shares
  »»  Minimum Order Quantity: 2000 Shares
  »»  Listing At: NSE SME

Libas Designs IPO Reviews:

  1. Libas Designs Limited IPO review by Dilip Davda

Libas Designs IPO Prospectus

Libas Designs IPO Rating

Rating:Rated 3.9 stars

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Libas Designs IPO Listing Date

  •   ›  Listing Date: Monday, January 9, 2017
  •   ›  BSE Script Code:
  •   ›  NSE Symbol: LIBAS
  •   ›  Listing In:
  •   ›  ISIN: INE908V01012
  •   ›  Issue Price: Rs 68 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

Issue Price:
Last Trade:
Issue Price:Rs 68.00
Open:Rs 78.25
Low:Rs 61.00
High:Rs 81.50
Last Trade:Rs 71.40

Libas Designs IPO News Alerts

  1. Friday, December 30, 2016 12:00:00 AM
    Libas Designs Limited IPO - Close
  2. Tuesday, December 27, 2016 12:00:00 AM
    Libas Designs Limited IPO - Open

Company Contact Information

Libas Designs Limited
Gala No. 55,
Plot No. 246, Masrani Lane,
Kurla (W), Mumbai
Phone: +919594092800

Libas Designs IPO Registrar

Bigshare Services Pvt. Ltd   »  Report
   Bigshare Services Pvt Ltd E-2 & 3,
   Ansa Industrial Estate, Saki-Vihar Road,
   Sakinaka, Andheri(E), Mumbai - 400 072

Phone: 91-22-40430200
Fax: 91-22-2847 5207

Libas Designs IPO Lead Manager(s)

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Libas Designs IPO Review / Comments

5. DarkHorse  Feb 6, 2017 11:41:07 AM IST I Like It. | Report Abuse
Gamble ji,
Laurus target price for next 10 days?
4. gamble  Feb 6, 2017 10:03:04 AM IST I Like It. | Report Abuse
IPO Guru IPO Guru (1500+ Posts, 3000+ Likes)
Laurus lab @532....great.
4.1. Arup jamshed  Feb 6, 2017 11:28:40 AM IST I Like It. | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 200+ Likes)
Lauras lab , gamble book profit or wait for result date
4.2. gamble  Feb 6, 2017 11:30:32 AM IST I Like It. 1 | Report Abuse
IPO Guru IPO Guru (1500+ Posts, 3000+ Likes)
Book partial....and wait
3. IPOANALYSIS  Jan 9, 2017 10:43:52 AM IST I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Too many sellers. It''s lead manager is new too. Stock to reach 45 rs in few days. Sell and get out of this bad fundamental stock.instead buy nbcc
2. rtvvtr  Jan 4, 2017 10:00:49 AM IST I Like It. | Report Abuse
dont sell share first day if ny 1 alloted... it ll be upper circuit
1. ABBASBHAI  Dec 28, 2016 5:01:35 PM IST I Like It. 1 | Report Abuse
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