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Kavita Fabrics Ltd IPO (Kavita Fabrics IPO) Detail

Feb 20, 2013 - Feb 22, 2013

Incorporated in 2005, Kavita Fabrics Ltd is in the business of manufacturing synthetic fabrics from man-made yarns by using weaving technology. Based in Surat (Gujarat), Company manufactures synthetic fabrics in the form of semi-finished sarees and dress materials. They comes in various designs as per customer requirements and further processed by their customers before selling to the end-users.

The main raw material for their product is man-made yarn, which is acquired from several local suppliers. Company owns 36 jacquard power looms to undertake the weaving of the synthetic fabrics from man-made yarns.

Objects of the Issue

The object of the issue are to:

1. To meet long-term working capital requirement;
2. To meet General Corporate expenses;
3. To meet Public Issue Expenses.

Kavita Fabrics IPO Details

IPO Date Feb 20, 2013 to Feb 22, 2013
Listing Date Mar 12, 2013
Face Value ₹10 per share
Price ₹40 per share
Lot Size 3000 Shares
Total Issue Size1,275,000 shares
(aggregating up to ₹5.10 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Kavita Fabrics IPO Reservation

Kavita Fabrics IPO Lot Size

The Kavita Fabrics IPO lot size is 3000 shares.

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

Kavita Fabrics IPO Review (Avoid)

[Dilip Davda]  

As for lead manager's track record, it managed 3 IPOs out of which, 1 failed to give listing gains on debut day. However, considering the aggressive pricing of the IPO, better give it a miss.

Read detail review...

Kavita Fabrics IPO Prospectus

Kavita Fabrics IPO Rating

39
2.4
Rating:Rated 2.4 stars
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Kavita Fabrics IPO Listing Details

Listing Date Mar 12, 2013
BSE Script Code 535136
NSE Symbol
ISIN INE149O01018
IPO Price ₹40 per share

Listing Day Trading Information

Price Details
IPO Price
Open
Low
High
Last Trade
BSE SME
₹40.00
₹40.90
₹40.00
₹41.00
₹41.00

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Company Contact Information

Kavita Fabrics Ltd
105, Balaji Industrial Society - 1,
Udhna Magdalla Road,
Surat – 395007, Gujarat, India
Phone: +91–261–3018759
Email: info@kavitafabrics.com
Website: http://www.kavitafabrics.com

Kavita Fabrics IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

Kavita Fabrics IPO Analysis

Kavita Fabrics IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 2
Members 0 0 0

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Kavita Fabrics IPO FAQs

Kavita Fabrics IPO is a SME IPO of 1,275,000 equity shares of the face value of ₹10 aggregating up to ₹5.10 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000 Shares.

The IPO opens on Feb 20, 2013, and closes on Feb 22, 2013.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Kavita Fabrics IPO opens on Feb 20, 2013 and closes on Feb 22, 2013.

Kavita Fabrics IPO lot size is 3000 Shares and the minimum order quantity is .

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

The Kavita Fabrics IPO listing date is on Mar 12, 2013.
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Kavita Fabrics IPO Message Board

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5 Comments

5. Rahul Saxena |   Link |Apr 24, 2013 11:49:00 AM
good work
4. Neeta Khilnani |   Link |Feb 21, 2013 4:11:38 PM
Given the company''s small size, RoE of 2-4%, concerns on the objects of the issue and related party transactions and a PE multiple of 32x, the issue is extremely expensive and avoidable.
3. Balaraj |   Link |Feb 20, 2013 1:04:00 PM
Its nothing wrong in checking this link before investing here.
http://www.moneycontrol.com/news/ipo-issues-open/kfl-exposes-how-utterly-incompetentour-mkt-regulators_827981.html
2. gundu anna |   Link |Feb 17, 2013 6:56:26 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
AVOID
AVOID
AVOID
AVOID
1. Dilip Davda |   Link |Feb 14, 2013 6:58:37 PM
We have yet another BSE SME IPO before this that is of Sunstar Realty for Rs. 10.62 crore at a price of Rs. 20 per share. It is highly priced and not worth

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews