Libas Designs Limited IPO (Libas Designs IPO) Detail

Dec 27, 2016 - Dec 30, 2016

Incorporated in 2004, Libas Designs Limited engaged in the process of fabrication of fabric into garments in India. It offers sherwanis, suits, jackets, shirts, pants, and Indo Western products for men; sarees, suits, lehengas, gowns, and anarkalis for women; accessories comprising jewelries, belts, mojaris, cufflinks, and saffa; and jute bags, such as carry, gifts, bottle, lunch, and grocery bags. The company markets its products under the LIBAS RIYAZ GANGJI brand.

They have tie ups with major ecommerce players portals such as,, and have its own portal in the name of They has tie up with more than 80 Indian & international designers and have inventory of more than 500 Designer wear to choose. Currently, they have 8 stores either own or on franchisee basis.

Company Promoters:

The Promoters of the company are:

1. Mrs. Reshma Riyaz Ganji;
2. Mr. Riyaz Eqbal Ganji and
3. Mr. Nishant Mitrasen Mahimtura

Objects of the Issue:

The objects of the Issue are:

1. To set up 4 new stores;
2. To meet the working capital requirements of the Company including margin money;
3. General Corporate Purposes;
4. Issue Expenses.

Libas Designs IPO Details

IPO DateDec 27, 2016 - Dec 30, 2016
Issue TypeFixed Price Issue IPO
Issue Size2,000,000 Eq Shares of ₹10
(aggregating up to ₹13.60 Cr)
Face Value₹10 Per Equity Share
IPO Price₹68 Per Equity Share
Market Lot2000 Shares
Min Order Quantity2000 Shares
Listing AtNSE SME

Libas Designs IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)

Libas Designs IPO Prospectus

Libas Designs IPO Rating

Rating:Rated 3.9 stars

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Libas Designs IPO Listing Date

Listing DateMonday, January 9, 2017
BSE Script Code
Listing In
IPO Price₹68 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

IPO Price
Last Trade
IPO Price:₹68.00
Last Trade:₹71.40

Libas Designs IPO Reviews / Ratings

Company Contact Information

Libas Designs Limited
Gala No. 55,
Plot No. 246, Masrani Lane,
Kurla (W), Mumbai

Phone: +919594092800

Libas Designs 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

Libas Designs IPO FAQs

  1. 1. What is Libas Designs IPO?

    Libas Designs IPO is a SME IPO of 2,000,000 equity shares of the face value of ₹10 aggregating up to ₹13.60 Crores.

    The issue price of the IPO is ₹68 Per Equity Share. The minimum order quantity is 2000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Dec 27, 2016 and closes on Dec 30, 2016.

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

  2. 2. When Libas Designs IPO will open?

    The Libas Designs IPO opens on Dec 27, 2016 and closes on Dec 30, 2016.

  3. 3. How to apply for Libas Designs IPO?

    Libas Designs 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 Libas Designs IPO allotment?

    The finalization of Basis of Allotment for Libas Designs IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Libas Designs IPO allotment status.

  5. 5. When is Libas Designs IPO listing date?

    The Libas Designs IPO listing date is on Monday, January 9, 2017, at NSE SME.
  6. 6. What is the lot size of Libas Designs IPO?

    Libas Designs IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares.

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Libas Designs IPO Review / Comments

5. DarkHorse  Feb 6, 2017 10:41
Gamble ji,
Laurus target price for next 10 days?
4. gamble  Feb 6, 2017 09:03
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
Laurus lab @532....great.
Arup jamshed
4.1. Arup jamshed  Feb 6, 2017 10:28
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
Lauras lab , gamble book profit or wait for result date
4.2. gamble  Feb 6, 2017 10:30
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
Book partial....and wait
3. IPOANALYSIS  Jan 9, 2017 09:43
Too many sellers. It''s lead manager is new too. Stock to reach 45 rs in few days. Sell and get out of this bad fundamental stock.instead buy nbcc
2. rtvvtr  Jan 4, 2017 09:00
dont sell share first day if ny 1 alloted... it ll be upper circuit
1. ABBASBHAI  Dec 28, 2016 16:01

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