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.
The promoter of the company is Ashapura Intimates Fashion Ltd.
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
IPO Opening Date | Sep 25, 2014 |
IPO Closing Date | Sep 30, 2014 |
Issue Type | Book Built Issue IPO |
Face Value | ₹10 per equity share |
IPO Price | ₹78 to ₹90 per equity share |
Market Lot | 1600 Shares |
Min Order Quantity | 1600 Shares |
Listing At | NSE SME |
Issue Size | 3,846,400 Eq Shares of ₹10 (aggregating up to ₹30.00 Cr) |
The Momai Apparels IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹144,000).
Application | Lots | Shares | Amount (Cut-off) |
---|---|---|---|
Minimum | 1 | 1600 | ₹144,000 |
Maximum | 1 | 1600 | ₹144,000 |
Listing Date | Thursday, October 16, 2014 |
BSE Script Code | |
NSE Symbol | MOMAI |
Listing In | |
ISIN | INE133R01015 |
IPO Price | ₹78 per equity share |
Face Value | ₹10 per equity share |
|
|
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
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: mal.ncd@linkintime.co.in
Website: http://www.linkintime.co.in
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 equity 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 1600 Shares.
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, Edelweiss, 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
Read my IPO Reviews
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