FREE Account Opening + No Clearing Fees
Loading...

Monte Carlo Fashions Limited IPO (Monte Carlo IPO) Detail

December 3, 2014 - December 5, 2014

Monte Carlo IPO is a book built issue of Rs 350.43 crores.

Monte Carlo IPO bidding started from December 3, 2014 and ended on December 5, 2014. The shares got listed on BSE, NSE on December 19, 2014.

Monte Carlo IPO price band is set at ₹630 to ₹645 per share. The minimum lot size for an application is 23 Shares. The minimum amount of investment required by retail investors is ₹14,835.

Axis Bank Limited, Edelweiss Financial Services Ltd, Religare Securities Ltd and SBI Capital Markets Limited are the book running lead managers of the Monte Carlo IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Monte Carlo IPO DRHP for detailed information.

Monte Carlo IPO Details

IPO Date December 3, 2014 to December 5, 2014
Listing Date December 19, 2014
Face Value ₹10 per share
Price Band ₹630 to ₹645 per share
Lot Size 23 Shares
Total Issue Size5,433,016 shares
(aggregating up to ₹350.43 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Monte Carlo IPO Reservation

Monte Carlo IPO offers 3,803,112 shares. 1,086,603 (28.57%) to QIB, 814,953 (21.43%) to NII, 1,901,556 (50.00%) to RII. 82,676 RIIs will receive minimum 23 shares and (sNII) and (bNII) will receive minimum 322 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered1,086,603 (28.57%)NA
NII (HNI) Shares Offered814,953 (21.43%)
Retail Shares Offered1,901,556 (50.00%)82,676
Total Shares Offered3,803,112 (100%)

Monte Carlo IPO Lot Size

Investors can bid for a minimum of 23 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 23 ₹14,835
Retail (Max) 13 299 ₹192,855
Lot Size Calculator

About Monte Carlo Fashions Limited

Incorporated in 1984, Monte Carlo Fashions Limited is the leading apparel brand in India; especially famous for exclusive woolen brand 'Monte Carlo'.

Company cater to the premium and mid-premium branded apparel segment for men, women and kids, offering a comprehensive line of woolen, cotton and cotton-blended knitted and woven apparel and home furnishings through our 'Monte Carlo Exclusive Brand Outlets' and multi brand outlets, including a network of national chain stores under the 'Monte Carlo' brand.

Monte Carlo has 190 Monte Carlo Brand Outlets in India; out of which 80 are owned by the company and the rest are franchisees.

Monte Carlo operates 2 manufacturing facilities in Ludhiana, one for our woolen apparel products and one for our cotton apparel products.

A Mauritius based private equity firm acquired acquired a stake in Monte Carlo in June 2012. Samara Capital currently holds 18.51 per cent of the pre-offer capital of the company.

Post issue; the promoters will have up to 64 per cent stake, public would be 25 per cent, and Samara Capital would retain 11 per cent stake in the company.

Company Financials

ParticularsFor the year/period ended (in Rs. Cr)
31-Mar-1431-Mar-1331-Mar-12
Total Income518.89416.46375.38
Profit After Tax (PAT)55.3849.4848.86

Objects of the Issue (Monte Carlo IPO Objectives)

The objects of the IPO are:

1. To achieve the benefits of listing the equity shares on the stock exchanges and
2. To sale of 5,433,016 Equity Shares by the Selling Shareholders.

Monte Carlo IPO Review (Avoid)

[Dilip Davda]  

The issue is highly priced one and the group has no fancy among Investors and Brokers, hence investment in this IPO may be made by investors at their own discretion. It’s a high risk-low yield offer.

Read detail review...


Monte Carlo IPO Subscription Status (Bidding Detail)

The Monte Carlo IPO is subscribed 7.83 times on December 5, 2014 6:53:00 PM. The public issue subscribed 6.96 times in the retail category, 13.96 times in the QIB category, and 1.71 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB13.96
NII1.71
Retail6.96
Total7.83

Monte Carlo IPO Prospectus

Monte Carlo IPO Rating

694
4.0
Rating:Rated 4.0 stars
Vote Here ...

Monte Carlo IPO Listing Details

Listing Date December 19, 2014
BSE Script Code 538836
NSE Symbol MONTECARLO
ISIN INE950M01013
Final Issue Price ₹645 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
₹645.00
₹585.00
₹528.15
₹632.45
₹566.40
NSE
₹645.00
₹584.00
₹530.00
₹632.00
₹567.30

Check IPO Performance…

Monte Carlo Fashions Limited Contact Details

Monte Carlo Fashions Limited
G.T. Road, Sherpur,
Ludhiana 141 003,
Punjab, India
Phone: +91 161 2542 501
Email: companysecretary@montecarlocorporate.com
Website: http://www.montecarlocorporate.com/

Monte Carlo IPO Registrar

Link Intime India Private Ltd

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

Monte Carlo IPO FAQs

Monte Carlo IPO is a main-board IPO of 5,433,016 equity shares of the face value of ₹10 aggregating up to ₹350.43 Crores. The issue is priced at ₹630 to ₹645 per share. The minimum order quantity is 23 Shares.

The IPO opens on December 3, 2014, and closes on December 5, 2014.

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

The Monte Carlo IPO opens on December 3, 2014 and closes on December 5, 2014.

Monte Carlo IPO lot size is 23 Shares, and the minimum amount required is ₹14,835.

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

The Monte Carlo IPO listing date is on December 19, 2014.
Open an Instant Account with Zerodha

Monte Carlo IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Most Liked Members

Loading...

493 Comments

348. GAMBLING BAZAR |   Link |  Bookmark |April 28, 2015 4:47:08 PM
It is gambling bazar. May be MOnte will touch 1000 in 3 months. May be it will be touch 300 in 1 month. All is gambling
347. suresh jain |   Link |  Bookmark |April 10, 2015 2:37:41 PM
are bhai koi to monte carlo se nikalo 645 ka 46 share pade hai kya karu advise please
347.4. Anu shah |   Link |  Bookmark |April 10, 2015 9:25:05 PM
Hamne bhi Loss kar ke bech diya hai. Aap bhi becho. Iska ipo price nahi aayega.
347.5. suresh jain |   Link |  Bookmark |April 13, 2015 12:01:37 PM
thank''s for UR advise
346. Carn Mohan |   Link |  Bookmark |January 5, 2015 7:07:36 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Monte IPO price Rs. 645/- current price Rs. 524/- Now Rs. 121 discount.
345. ABHISHEK SABARMATI |   Link |  Bookmark |January 1, 2015 12:10:36 PM
rs 700 ka rate ye january ending ke pehle ayega
344. Carn Mohan |   Link |  Bookmark |January 1, 2015 10:01:58 AM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Happy new year friends.
343. HARISH NAGDA |   Link |  Bookmark |December 30, 2014 5:15:54 PM
axis capital a big cheater tara jewells in 2012 @230 now @ 80
MOnte carlo 630 now @530
342. Rkg |   Link |  Bookmark |December 30, 2014 8:56:28 AM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
Got in 3 lots.Sold today whatever was earned in 2014 early, lost. So as people say sum total in shares is Zero or Negative.
342.1. Nasirul Choudhury |   Link |  Bookmark |December 30, 2014 3:51:08 PM (400+ Posts)
Why did you apply without analyzing it yourself? @25 PE it didn''t look expensive to you? Being in branded textile but having presence in remotest part of the country & promoters not so investors friendly. If you gamble the result will be like that. I don''t want to brag but all the IPO I have ever subscribed gave me profit.
342.2. Vikash frm London |   Link |  Bookmark |January 2, 2015 12:59:11 AM
on hind-sight we can give all kind of explanation ... every IPO which comes up is initially hyped as expensive - high PE.

But how can one ignore these numbers - subscribed more than 7 times in Retail and 13 times by FII.

I think it just did not work out. Keep positive for other IPOs
341. Carn Mohan |   Link |  Bookmark |December 26, 2014 1:55:31 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
highly overvalued fair prise rs. 160/.
340. sugreev |   Link |  Bookmark |December 26, 2014 8:38:10 AM (200+ Posts, 200+ Likes)
can anybody list out the brokers who recomented this IPO? we should understand who-is-who in this business for in future.
340.1. HARISH NAGDA |   Link |  Bookmark |December 30, 2014 5:14:35 PM
axis capital
339. Vivi |   Link |  Bookmark |December 25, 2014 11:15:47 AM
Monte Carlo is a good example how can we be fooled around easily. Its usually good to sell your application in Grey Market in sit silent on IPO which you are not sure of. Recommendations from Brokering houses are managed by promoters. Grey markets too manipulated. Fundamentals are usually overlooked by retail investors. Identify people who really thinks alike you and act on their opinion instead of general market opinion. Lets be careful next time. Thank god I was saved by luck this time.
338. Rajkot Special |   Link |  Bookmark |December 23, 2014 5:30:07 PM
Link in time Ki sight per allotment and refund status check Karo. Fir bhi refund na mile to sight pe se phone number leke link in time ko Phone karo.
337. Harsh |   Link |  Bookmark |December 23, 2014 5:02:25 PM
Mene monte carlo ke 23 share ke liye apply kiya tha or mujhe share allot nhi hua, mujhe ab tk mere paise refund nhi hua to please koi bataiye ki me kya kru
337.1. SONMAYA |   Link |  Bookmark |December 24, 2014 5:18:07 PM
IPO Mentor IPO Mentor (1300+ Posts, 400+ Likes)
DEAR HARSH ,KDLY GIVE YOUR MOBILE NO.
336. Harsh |   Link |  Bookmark |December 23, 2014 4:55:12 PM
sir, mene 23 share monte carlo ke apply kiye the or mujhe koi allotment nhi hua. Mujhe mere paise ab tk refund nhi hua h. mene apna bank a/c bhi check kr liya h. Isliye please koi bataiye ki meri money mujhe wapas kese milegi
335. Rajkot Special |   Link |  Bookmark |December 22, 2014 11:07:13 AM
Monte Carlo pe 25
Page industries pe 65
Keval Koran pe 34
Zodiak clothing pe 38

335.2. Am A |   Link |  Bookmark |December 22, 2014 11:15:36 PM
Not comparable brands... Monte Carlo is mostly a woolen brand which makes it a more cyclic stock... anyway all other stocks are over-valued too. Additionally, other brands have stronger management, unlike greedy Monte Carlo promoter.... look at their other listed entities.

http://ak57.in/general/monte-carlo-fashions-limited-disastrous-listing/6980/
335.3. ABHISHEK SABARMATI |   Link |  Bookmark |December 23, 2014 3:36:35 PM
montecarlo rs.710 only 1 week
334. Rajkot Special |   Link |  Bookmark |December 22, 2014 11:02:11 AM
Page industries peer company of monte Carlo
Page ipo price Rs.360
Listing date 16-3-2007
Open 284
High 342
Low 272

Close 282 discount
Now 11750 eps 180 pe 65
333. star ipo king |   Link |  Bookmark |December 22, 2014 8:41:22 AM
I advise to exit on 587 rs 2 day before.....today Monte touch 588 any holder sold .......100% correct
332. pinkyjain |   Link |  Bookmark |December 21, 2014 9:42:16 PM
Mc tomorrow price 545 expected
332.1. scshah |   Link |  Bookmark |December 22, 2014 7:23:00 AM
I think you are right.
331. Carn Mohan |   Link |  Bookmark |December 21, 2014 8:48:10 AM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
About 90% IPO/fpos are trading in discount but retailers are subscribed all IPO/fpos hugely.
330. IPOANALYSIS |   Link |  Bookmark |December 20, 2014 11:32:06 PM
I HAVE TOLD EARLIER MONTE CARLO IS NOT WORTH 250 RS STOCK.
IT WILL KEEP CRASHING. THOSE WHO HOLD THIS STOCK.GET OUT OF IT IMMEDIATELY AND INSTEAD BUY MOMAI APPARELS.

REASON
1)MOMAI APPAREL MANAGEMENT IS GREAT AND ALWAYS REWARDED INVESTORS.
SEE MOMAI APPAREL NEVER WENT BELOW ISSUE PRICE SO HAVE A FEELING THIS STOCK HAS STRONG SUPPORT AND WILL HAVE HUGE BUYERS IN COMING MONTHS
2) MOMAI APPAREL PRICED THE IPO PRICE VERY WELL INFACT AT DISCOUNT TO PEERS. MONTE CARLO ASKED FOR HUGE PREMIUM AND SOONER OR LATER WOULD COME TO ITS FAIR PRICE OF 250 RS
3)MOMAI APPARELS HAVE GROWTH OF MORE THAN 200% EACH YEAR. MONTE CARLO HAS NOT GROWN AT ALL IN LAST 3 YEARS.

SO BUY BUY BUY MOMAI APPARELS AFTER EXITING FROM MONTE CARLO
330.1. HARISH NAGDA |   Link |  Bookmark |December 30, 2014 5:18:19 PM
axis capital a cheater talk to them on 0222677900
329. Am A |   Link |  Bookmark |December 20, 2014 10:14:01 PM
IPO draft...
bankers fixes "above-fair" valued price...
promoters not satisfied...
bankers increases price...
promoters happy, bankers skeptical...
unknown entities manipulate grey market...
investors happy, promoters happy, bankers happy...
grey market crashes...
stock tanks...
promoters still happy bankers still happy investors, who cares!!!