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.

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

Libas Designs IPO Date Dec 27, 2016 to Dec 30, 2016
Libas Designs IPO Face Value ₹10 per share
Libas Designs IPO Price ₹68 per share
Libas Designs IPO Lot Size 2000 Shares
Issue Size2,000,000 shares of ₹10
(aggregating up to ₹13.60 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Company Promoters

The Promoters of the company are:

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

Libas Designs IPO Lot Size

The Libas Designs IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹136,000).

Application Lots Shares Amount
Retail (Min) 1 2000 ₹136,000
Retail (Max) 1 2000 ₹136,000

Libas Designs IPO Review

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Libas Designs IPO Prospectus

Libas Designs IPO Rating

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Libas Designs IPO Listing Date

Listing Date Monday, January 9, 2017
BSE Script Code
Listing In
ISIN INE908V01012
IPO Price ₹68 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade
IPO Price: ₹68.00
Open: ₹78.25
Low: ₹61.00
High: ₹81.50
Last Trade: ₹71.40

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

Phone: +91-22-6263 8200

Libas Designs IPO Review

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Libas Designs IPO FAQs

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 is priced at ₹68 per share. The minimum order quantity is 2000 Shares.

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.

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

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

You can apply in Libas Designs 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.

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.

The Libas Designs IPO listing date is on Monday, January 9, 2017.
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Libas Designs IPO Message Board

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5. DarkHorse |   Link |Feb 6, 2017 10:41:07 AM
Gamble ji,
Laurus target price for next 10 days?
4. gamble |   Link |Feb 6, 2017 9:03:04 AM
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
Laurus lab @532....great.
4.1. Arup jamshed |   Link |Feb 6, 2017 10:28:40 AM
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
Lauras lab , gamble book profit or wait for result date
4.2. gamble |   Link |Feb 6, 2017 10:30:32 AM
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
Book partial....and wait
3. IPOANALYSIS |   Link |Jan 9, 2017 9:43:52 AM
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 |   Link |Jan 4, 2017 9:00:49 AM
dont sell share first day if ny 1 alloted... it ll be upper circuit
1. ABBASBHAI |   Link |Dec 28, 2016 4:01:35 PM