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Incorporated in 2010, Momai Apparels Limited is subsidiary of Ashapura Intimates Fashion Ltd; a leading loungewear company; which is listed at BSE SME.
Momai Apparels is engaged in manufacturing of intimate garments. Company product line includes:
Lounge Wear (Under brand name 'Valentine' and 'NLine')
1. Loungewear for men, women, teenagers and toddlers
2. Bridal night wear and honeymoon sets
3. Bathrobes for men and women
4. Kids wear and Kids inner wear
Nighties & Bath robes (Under brand names 'N&D Night & Day')
1. Night wear
2. Maternity feeding night wear Bridal (two pieces)
3. Kids night wear
Sportswear (Under brand name 'Valentine Sports')
1. Sportswear and gym wear / yoga wear for both men and women
Company has a manufacturing facility at Bhiwandi, near Mumbai.
IPO Date | Sep 25, 2014 to Sep 30, 2014 |
Listing Date | Oct 16, 2014 |
Face Value | ₹10 per share |
Price | ₹78 to ₹90 per share |
Lot Size | 1600 Shares |
Total Issue Size | 3,846,400 shares (aggregating up to ₹30.00 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
The Momai Apparels IPO lot size is 1600 shares.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1600 | ₹144,000 |
Retail (Max) | 1 | 1600 | ₹144,000 |
Lot Size Calculator |
[Dilip Davda]
On merchant banker’s front, this is the fourth issue out of six IPOs in public domain and based on the track record, it appears, Pantomath is the sincere player in SME segment with projects having fundamentals. This merchant banker is not only first in bringing SME IPOs for both BSE and NSE, but is also taking lead in promoting SME sector with many initiatives in this regards.
Despite entry barriers of SME IPOs pre and post mode basis and poor support from primary market operators, long term investors should grab it as it is another mini Page Industries in the offing.
(Disclaimer: Author has no plans to invest in this IPO)
Read detail review...The objects of the Issue are:
1. Acquisition of land for setting up new manufacturing facility
2. To meet long term working capital
3. Meet Issue expenses
4. General corporate purpose
Listing Date | Oct 16, 2014 |
BSE Script Code | |
NSE Symbol | MOMAI |
ISIN | INE133R01015 |
Final Issue Price | ₹78 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
NSE SME |
---|
₹78.00 |
₹78.00 |
₹78.00 |
₹82.00 |
₹79.70 |
Momai Apparels Limited
Shop No.305-309, 3rd Floor,
Pacific Plaza Plot No.570, TPS IV,
Mahim Division, Dadar-W, Mumbai-28
Phone: 022-24331551
Email: investors@momaiapparels.com
Website: http://www.momaiapparels.com/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: mal.ncd@linkintime.co.in
Website: https://linkintime.co.in/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
Momai Apparels IPO is a SME IPO of 3,846,400 equity shares of the face value of ₹10 aggregating up to ₹30.00 Crores. The issue is priced at ₹78 to ₹90 per share. The minimum order quantity is 1600 Shares.
The IPO opens on Sep 25, 2014, and closes on Sep 30, 2014.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Momai Apparels IPO opens on Sep 25, 2014 and closes on Sep 30, 2014.
Momai Apparels IPO lot size is 1600 Shares and the minimum order quantity is .
You can apply in Momai Apparels 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 Momai Apparels IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Momai Apparels IPO allotment status.
Dilip Davda
SEBI registered Research Analyst
Mumbai
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the view of u guys either exit from stock or invested
. Pls give ur view.