K.P.R. Mill Limited IPO (KPR Mill IPO) Detail

Aug 2, 2007 - Aug 7, 2007

Incorporated in 2003, KPR Mill Limited is a leading manufacturer of readymade knitted apparel, cotton knitted fabric and yarn in India having manufacturing facilities located at Coimbatore, Sathyamangalam, and Tirupur in Tamilnadu, South India.

With a cumulative capacity of 1,11,264 Spindles, 91 Circular knitting machines and 300 Sewing machines KPR has the capacity to produce approximately 12 million pieces of readymade knitted apparel, 27000 metric tons of yarn and around 8200 metric tons of fabrics per annum.

KPR enjoys a distinguished clientele following on account of its high quality and cost effective products. The list of clients include Carrefour - France, C&A - Germany, Ethel Alustin Limited - UK, Kiabi - France, Bandos AG - Switzerland, Mother Care - UK, Innovations Club - Germany, Grouppo Industry Moda SPA - Italy, Vetir - France and Primark - UK.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for
1. Expansion of the existing garment facility at Arasur, near Coimbatore;
2. Expansion of the processing facility at State Industries Promotion Corporation of Tamil Nadu Limited ('SIPCOT"), Perundurai;
3. Investing in a new knitting facility at Arasur;
4. Installing windmills at Thandyarkulam, near Tirunelveli;
5. Addition of balancing equipments for its existing spinning facility at Sathyamangalam.

KPR Mill IPO Details

IPO Opening Date	Aug 2, 2007
IPO Closing Date	Aug 7, 2007
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹225 to ₹265 per equity share
Market Lot	25 Shares
Min Order Quantity	25 Shares
Listing At	BSE, NSE
Issue Size	5,912,000 Eq Shares of ₹10 (aggregating up to ₹133.02 Cr)

KPR Mill IPO Lot Size

The KPR Mill IPO market lot size is 25 shares. A retail-individual investor can apply for up to 30 lots (750 shares or ₹198,750).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	25	₹6,625
Maximum	30	750	₹198,750

KPR Mill IPO Subscription Status (Bidding Detail)

The KPR Mill IPO is subscribed 1.19x times on Aug 7, 2007 17:00. The public issue subscribed 0.39x in the retail category, 1.44x in the QIB category, and 2.08x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
Total	1.19x

KPR Mill IPO Prospectus

› KPR Mill IPO Application Form Download

KPR Mill IPO Rating

104

3.0

Rating:

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KPR Mill IPO Listing Date

Listing Date	Tuesday, August 28, 2007
BSE Script Code	532889
NSE Symbol	KPRMILL
Listing In	B1
ISIN	INE930H01015
IPO Price	₹225 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE
₹225.00
₹201.20
₹169.10
₹209.80
₹173.50
4,921,757

NSE
₹225.00
₹175.00
₹169.15
₹200.00
₹174.20
5,343,469

KPR Mill IPO Reviews / Ratings

S P Tulsian - Avoid
Business Line - Avoid
Keynote Capitals Ltd - Subscribe

Company Contact Information

K.P.R. Mill Limited
No. 9, Gokul Buildings, 1st Floor,
A.K.S. Nagar, Thadagam Road,
Coimbatore � 641 001, Tamil Nadu, India

Phone: +91 422 247 9835
Email: kpr.ipo@kprmill.com
Website: http://www.kprmilllimited.com

KPR Mill IPO Registrar

KFintech Private Limited
   Selenium Building, Tower-B, Plot No 31 & 32,
   Financial District,Nanakramguda, Serilingampally,
   Rangareddi, Telangana India - 500 032.

Phone: 1-800-3454001
Email: mailmanager@karvy.com
Website: https://karisma.kfintech.com/

KPR Mill IPO Lead Manager(s)

Lead Manager Reports

KPR Mill IPO FAQs

What is KPR Mill IPO?

KPR Mill IPO is a main-board IPO of 5,912,000 equity shares of the face value of ₹10 aggregating up to ₹133.02 Crores. The issue is priced at ₹225 to ₹265 per equity share. The minimum order quantity is 25 Shares.

The IPO opens on Aug 2, 2007, and closes on Aug 7, 2007.

KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When KPR Mill IPO will open?

The KPR Mill IPO opens on Aug 2, 2007 and closes on Aug 7, 2007.
What is the lot size of KPR Mill IPO?

KPR Mill IPO lot size is 25 Shares and the minimum order quantity is 25 Shares.
How to apply for KPR Mill IPO?

You can apply in KPR Mill 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When KPR Mill IPO allotment?

The finalization of Basis of Allotment for KPR Mill IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the KPR Mill IPO allotment status.
When is KPR Mill IPO listing date?

The KPR Mill IPO listing date is on Tuesday, August 28, 2007.

KPR Mill IPO Message Board

Ranked Members

26. DEVINDER NATH SAINI |Feb 9, 2008 11:32

refund not received for application no. 4945047 i applied for
225no.share partly paid rs. 25875/- but i get 16share only.
when i got my refund my a/c no. 02711140009815 hdfc bank ltd.
kalkaji new delhi

25. KPR |Aug 30, 2007 20:53

Check for other stocks in same category (Nahar Spinning,Welspun,Nirlon Limited,Aarvee Denims & Expo) all up 10% .Rally expected in Textile Sector . So Right time to Buy KPR mill to target of 295 ... .Dont Book Losses if you hv got allotment @225

24. chandu |Aug 29, 2007 23:35

KPR will touch its issue price of 225 in two days. wait and see

23. GIRISH NAGPAL |Aug 27, 2007 14:35

KPR MILL NOW IN 5 RS PREMIUM COS OF PEOPLE THINK THAT TEXTILE IS NOW UPTO A BOTTEM SO LIKE ARVIND MILLS & ALL PE GROUP COMPANY ARE ON A HIGH I WILL NOT SELL ON LISTING MAYBE A 300 IN JUST 2 WEEKS

22. sanjay |Aug 7, 2007 10:39

apply in kpr and loose money 50%

21. ratilal jadavji shet |Aug 6, 2007 15:11

going through every report this ipo is too much COSTLY .so looking at mkt condition please avoid this issue.and save money.

20. Akkbatra |Aug 6, 2007 13:55

Second hour ( 11-12 hours today) subscription details -

KPR : PLUS 2075 total fresh bids with 75 at cutoff.

TAKE : PLUS 14445 total fresh bids with 13707 at cutoff.

PURVANKARA : PLUS 19260 total fresh bids with plus 20030 at cutoff (means 770 bids are withdrawn).

19. Akkbatra |Aug 6, 2007 13:24

A RAY OF HOPE FOR KPR IPO -total plus 5950 new subscription bids received in first hour today, of which 5150 are at cutoff from retailers and employees.

BRIGHT SUNSHINE FUTURE FOR TAKE IPO - total plus 103833 new bids with 5913 cutoff ones during same period as above.

DARK GLOOMY FUTURE FOR PURVANKARA IPO - total minus 2870 cutoff subscription for it with final minus 2660 bids during same period as above.

18. rakesh khunkarnewala |Aug 5, 2007 22:15

avoid this ipo

17. Vikram |Aug 5, 2007 08:34

Business line review - KPR Mills IPO: Avoid

Investors can avoid the initial public offer from KPR Mills as the offer price appears stiff. At the price band of Rs 225-265, the offer is valued at about 12-14 times its 2006-07 per-share earnings. On an expanded equity base, the multiple works out to 15-17 times. Although the company’s large scale and better margin profile are positives, a weak export environment, the strong rupee and persisting pricing pressures pose challenges to its ability to significantly ramp up its garments business. There are also superior investment options already available among listed textile companies.

Knitwear exporters constitute the bulk of the company’s domestic customers. Thus, any further pressures on the export front could affect KPR’s domestic business as well. Investors can, therefore, wait for the cloudy picture on the export front to clear up, before considering exposure to the stock.

16. mohit |Aug 4, 2007 15:34

hi 2 all. cn anybdy tell me hw much (expected) premium it'll gve whn
KPR open??????

15. KK Agarwal |Aug 4, 2007 01:27

Dear KARISHMA,
Don't be panic Just relax.Give me the application number of your IPO.I will mail directly to Registar and also make a telephonic conversation Why they delayed so much.

14. GuruBhai |Aug 3, 2007 19:40

Overally company looks really good.
I would suggest to go for this IPO for long term gain.
I believe in the management of this company and the the strategy of company. All or most of the clients of this company are from Europe which is good at current stage of Rs being stronger.

Wish you all happy investing.

13. GuruBhai |Aug 3, 2007 19:35

Overally company looks really good.
I would suggest to go for this IPO for long term gain.
I believe in the management of this company.
Wish you all happy investing.

12. kirit shah |Aug 3, 2007 19:30

seems to b a good management company.exports r mainly to european companies and hence no big exchange loss.clients r good. fundamentals r good.think worth applying. grade 4.isue price seems a bit higher but than no good issues r priced at low price.

11. baniya |Aug 3, 2007 12:47

KPR Mill is very good company, good brand name, and excellent presence in market. People always look for listing gain but people should not see for listing gain in such kind of company as it is a portfolio stock and management is very strong and experienced. Good company for long term holdings. People should apply for this issue.
The company is a vertically integrated manufacturer producing readymade knitted apparel, knitted fabric and carded and combed cotton yarn. The company, as at 31-03-07 is having 1,28,064 spindles, 113 circular knitting machines, and 1,517 sewing machines.

The company is also expanding its processing facility at Perundurai as also installing balancing equipment for existing spinning facility at Sathyamangalam

Based on FY 07 EPS of Rs.18.40, the share is being issued at a PER of 14.4.

Investors can apply for this IPO.

10. Anks World |Jul 31, 2007 18:40

not investment worthy please avoid this issue for your money sake

9. nilesh |Jul 29, 2007 16:38

can anybody had the ideas of this kpr ipo financial figures like wts profit or pe of this company

8. sanju |Jul 28, 2007 18:04

it is a sure avoid.wait for good issues lined in august.textile as a sector is underperformer for last 2 years.moreover, the appreciation in rupee has left exporters stranded.

7. EVERONN |Jul 28, 2007 16:24

NOT A PLACE TO INVEST , INSTEAD KEEP THE MONEY INTACT WHEN THE MARKET STILL CRASHES FURTHER.

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