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

August 2, 2007 - August 7, 2007

KPR Mill IPO is a book built issue of Rs 133.02 crores.

KPR Mill IPO bidding started from August 2, 2007 and ended on August 7, 2007. The shares got listed on BSE, NSE on August 28, 2007.

KPR Mill IPO price band is set at ₹225 to ₹265 per share. The minimum lot size for an application is 25 Shares. The minimum amount of investment required by retail investors is ₹6,625.

ICICI Securities Limited and Kotak Mahindra Capital Company Limited are the book running lead managers of the KPR Mill IPO, while Kfin Technologies Limited is the registrar for the issue.

KPR Mill IPO Details

IPO Date August 2, 2007 to August 7, 2007
Listing Date August 28, 2007
Face Value ₹10 per share
Price Band ₹225 to ₹265 per share
Lot Size 25 Shares
Total Issue Size5,912,000 shares
(aggregating up to ₹133.02 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

KPR Mill IPO Lot Size

Investors can bid for a minimum of 25 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 25 ₹6,625
Retail (Max) 30 750 ₹198,750
Lot Size Calculator

About K.P.R. Mill Limited

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 (KPR Mill IPO Objectives)

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 Subscription Status (Bidding Detail)

The KPR Mill IPO is subscribed 1.19 times on August 7, 2007 5:00:00 PM. The public issue subscribed 0.39 times in the retail category, 1.44 times in the QIB category, and 2.08 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

KPR Mill IPO Prospectus

KPR Mill IPO Rating

Rating:Rated 3.0 stars
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KPR Mill IPO Listing Details

Listing Date August 28, 2007
BSE Script Code 532889
ISIN INE930H01015
Final Issue Price ₹225 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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K.P.R. Mill Limited Contact Details

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

KPR Mill IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000

KPR Mill IPO - Buy or Not

KPR Mill IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 2
Members 0 0 0

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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 share. The minimum order quantity is 25 Shares.

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

Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The KPR Mill IPO opens on August 2, 2007 and closes on August 7, 2007.

KPR Mill IPO lot size is 25 Shares, and the minimum amount required is ₹6,625.

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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.

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

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26. DEVINDER NATH SAINI |   Link |  Bookmark |February 9, 2008 10:32:42 AM
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 |   Link |  Bookmark |August 30, 2007 7:53:47 PM
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 |   Link |  Bookmark |August 29, 2007 10:35:10 PM
KPR will touch its issue price of 225 in two days. wait and see
23. GIRISH NAGPAL |   Link |  Bookmark |August 27, 2007 1:35:17 PM
22. sanjay |   Link |  Bookmark |August 7, 2007 9:39:08 AM
apply in kpr and loose money 50%
21. ratilal jadavji shet |   Link |  Bookmark |August 6, 2007 2:11:55 PM
going through every report this ipo is too much COSTLY .so looking at mkt condition please avoid this issue.and save money.
20. Akkbatra |   Link |  Bookmark |August 6, 2007 12:55:43 PM
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 |   Link |  Bookmark |August 6, 2007 12:24:32 PM
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 |   Link |  Bookmark |August 5, 2007 9:15:21 PM
avoid this ipo
17. Vikram |   Link |  Bookmark |August 5, 2007 7:34:00 AM
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 |   Link |  Bookmark |August 4, 2007 2:34:55 PM
hi 2 all. cn anybdy tell me hw much (expected) premium it'll gve whn
KPR open??????
15. KK Agarwal |   Link |  Bookmark |August 4, 2007 12:27:50 AM
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 |   Link |  Bookmark |August 3, 2007 6:40:01 PM
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 |   Link |  Bookmark |August 3, 2007 6:35:02 PM
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 |   Link |  Bookmark |August 3, 2007 6:30:07 PM
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 |   Link |  Bookmark |August 3, 2007 11:47:16 AM
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 |   Link |  Bookmark |July 31, 2007 5:40:30 PM
not investment worthy please avoid this issue for your money sake
9. nilesh |   Link |  Bookmark |July 29, 2007 3:38:39 PM
can anybody had the ideas of this kpr ipo financial figures like wts profit or pe of this company
8. sanju |   Link |  Bookmark |July 28, 2007 5:04:35 PM
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 |   Link |  Bookmark |July 28, 2007 3:24:53 PM