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.

Company Promoters:

The following are the Promoters of the Company:

1. Mr. Harish Chandak
2. Mr. Shailesh Chandak
3. Mrs. Sarika Chandak
4. Mrs. Sudha Chandak

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 DateFeb 20, 2013 - Feb 22, 2013
Issue TypeFixed Price Issue IPO
Issue Size1,275,000 Eq Shares of ₹10
(aggregating up to ₹5.10 Cr)
Face Value₹10 Per Equity Share
IPO Price₹40 Per Equity Share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtBSE SME

Kavita Fabrics IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum13000₹120,000
Maximum13000₹120,000

Kavita Fabrics IPO Prospectus

Kavita Fabrics IPO Rating

39
2.4
Rating:Rated 2.4 stars

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Kavita Fabrics IPO Listing Date

Listing DateTuesday, March 12, 2013
BSE Script Code535136
NSE Symbol
Listing InMT
ISININE149O01018
IPO Price₹40 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹40.00
₹40.90
₹40.00
₹41.00
₹41.00
333,000

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
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

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

Kavita Fabrics IPO FAQs

  1. 1. What is Kavita Fabrics IPO?

    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 price of the IPO is ₹40 Per Equity Share. The minimum order quantity is 3000 Shares per application and the offer type is Fixed Price Issue.

    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.

  2. 2. When Kavita Fabrics IPO will open?

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

  3. 3. How to apply for Kavita Fabrics IPO?

    Kavita Fabrics IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Kavita Fabrics IPO allotment?

    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.

  5. 5. When is Kavita Fabrics IPO listing date?

    The Kavita Fabrics IPO listing date is on Tuesday, March 12, 2013, at BSE SME.
  6. 6. What is the lot size of Kavita Fabrics IPO?

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

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Kavita Fabrics IPO Review / Comments

Rahul Saxena
5. Rahul Saxena  Apr 24, 2013 11:49
good work
Neeta Khilnani
4. Neeta Khilnani  Feb 21, 2013 16:11
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.
Balaraj
3. Balaraj  Feb 20, 2013 13:04
gundu anna
2. gundu anna  Feb 17, 2013 18:56
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
AVOID
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Dilip Davda
1. Dilip Davda  Feb 14, 2013 18:58
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

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