Monte Carlo Fashions Limited IPO (Monte Carlo IPO) Detail

Dec 3, 2014 - Dec 5, 2014

Incorporated in 1984, Monte Carlo Fashions Limited is the leading apparel brand in India; especially famous for exclusive woolen brand 'Monte Carlo'.

Company cater to the premium and mid-premium branded apparel segment for men, women and kids, offering a comprehensive line of woolen, cotton and cotton-blended knitted and woven apparel and home furnishings through our 'Monte Carlo Exclusive Brand Outlets' and multi brand outlets, including a network of national chain stores under the 'Monte Carlo' brand.

Monte Carlo has 190 Monte Carlo Brand Outlets in India; out of which 80 are owned by the company and the rest are franchisees.

Monte Carlo operates 2 manufacturing facilities in Ludhiana, one for our woolen apparel products and one for our cotton apparel products.

A Mauritius based private equity firm acquired acquired a stake in Monte Carlo in June 2012. Samara Capital currently holds 18.51 per cent of the pre-offer capital of the company.

Post issue; the promoters will have up to 64 per cent stake, public would be 25 per cent, and Samara Capital would retain 11 per cent stake in the company.

Company Promoters:

The Promoters of the Company are:

Individual Promoter:
1. Mr. Jawahar Lal Oswal
2. Mr. Kamal Oswal
3. Mr. Dinesh Oswal
4. Ms. Monica Oswal
5. Ms. Ruchika Oswal

Corporate Promoters:
6. SMCL
7. SSCL

Company Financials:

Particulars	For the year/period ended (in Rs. Cr)
	31-Mar-14	31-Mar-13	31-Mar-12
Total Income	518.89	416.46	375.38
Profit After Tax (PAT)	55.38	49.48	48.86

Objects of the Issue:

The objects of the IPO are:

1. To achieve the benefits of listing the equity shares on the stock exchanges and
2. To sale of 5,433,016 Equity Shares by the Selling Shareholders.

Monte Carlo IPO Details

Issue Open	Dec 3, 2014 - Dec 5, 2014
Issue Type	Book Built Issue IPO
Issue Size	5,433,016 Eq Shares of Rs 10 (aggregating up to Rs 350.43 Cr)
Face Value	Rs 10 Per Equity Share
Issue Price	Rs 630 - Rs 645 Per Equity Share
Market Lot	23 Shares
Min Order Quantity	23 Shares
Listing At	BSE, NSE

Monte Carlo News Articles

Monte Carlo IPO Subscription Status (Bidding Detail)

Monte Carlo IPO how much subscribed?
	No. of Times Issue Subscribed (BSE + NSE)
As on Date & Time	QIB	NII	RII	Total
Shares Offered	1,086,603	814,953	1,901,556	3,803,112
Dec 5, 2014 18:53	13.96x	1.71x	6.96x	7.83x

Monte Carlo IPO Prospectus

› Draft Prospectus
› Download IPO Application Form

Monte Carlo IPO Rating

694

4.0

Rating:

Vote Here ...

Monte Carlo IPO Listing Date

Listing Date	Friday, December 19, 2014
BSE Script Code	538836
NSE Symbol	MONTECARLO
Listing In	B
ISIN	INE950M01013
Issue Price	Rs 645 Per Equity Share
Face Value	Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume

BSE
Rs 645.00
Rs 585.00
Rs 528.15
Rs 632.45
Rs 566.40
1,921,116

NSE
Rs 645.00
Rs 584.00
Rs 530.00
Rs 632.00
Rs 567.30
5,681,632

Monte Carlo IPO Reviews / Ratings

Capital Market Rating
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Nirmal Bang - Subscribe
Dilip Davda - Avoid

Company Contact Information

Monte Carlo Fashions Limited
G.T. Road, Sherpur,
Ludhiana 141 003,
Punjab, India

Phone: +91 161 2542 501
Email: companysecretary@montecarlocorporate.com
Website: http://www.montecarlocorporate.com/

Monte Carlo IPO Registrar

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: mcfl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Monte Carlo IPO Lead Manager(s)

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Useful Articles

Monte Carlo IPO Review / Comments

348. GAMBLING BAZAR Apr 28, 2015 16:47

It is gambling bazar. May be MOnte will touch 1000 in 3 months. May be it will be touch 300 in 1 month. All is gambling

347. suresh jain Apr 10, 2015 14:37

are bhai koi to monte carlo se nikalo 645 ka 46 share pade hai kya karu advise please

Load more comments (3 replies)

347.4. Anu shah Apr 10, 2015 21:25

Hamne bhi Loss kar ke bech diya hai. Aap bhi becho. Iska ipo price nahi aayega.

347.5. suresh jain Apr 13, 2015 12:01

thank''s for UR advise

346. Carn Mohan Jan 5, 2015 19:07

IPO Mentor (600+ Posts, 200+ Likes)

Monte IPO price Rs. 645/- current price Rs. 524/- Now Rs. 121 discount.

345. ABHISHEK SABARMATI Jan 1, 2015 12:10

rs 700 ka rate ye january ending ke pehle ayega

344. Carn Mohan Jan 1, 2015 10:01

IPO Mentor (600+ Posts, 200+ Likes)

Happy new year friends.

343. HARISH NAGDA Dec 30, 2014 17:15

axis capital a big cheater tara jewells in 2012 @230 now @ 80
MOnte carlo 630 now @530

342. Rkg Dec 30, 2014 08:56

Top Contributor (200+ Posts)

Got in 3 lots.Sold today whatever was earned in 2014 early, lost. So as people say sum total in shares is Zero or Negative.

342.1. Nasirul Choudhury Dec 30, 2014 15:51

Top Contributor (300+ Posts)

Why did you apply without analyzing it yourself? @25 PE it didn''t look expensive to you? Being in branded textile but having presence in remotest part of the country & promoters not so investors friendly. If you gamble the result will be like that. I don''t want to brag but all the IPO I have ever subscribed gave me profit.

342.2. Vikash frm London Jan 2, 2015 00:59

on hind-sight we can give all kind of explanation ... every IPO which comes up is initially hyped as expensive - high PE.

But how can one ignore these numbers - subscribed more than 7 times in Retail and 13 times by FII.

I think it just did not work out. Keep positive for other IPOs

341. Carn Mohan Dec 26, 2014 13:55

IPO Mentor (600+ Posts, 200+ Likes)

highly overvalued fair prise rs. 160/.

340. sugreev Dec 26, 2014 08:38

Top Contributor (200+ Posts, 200+ Likes)

can anybody list out the brokers who recomented this IPO? we should understand who-is-who in this business for in future.

340.1. HARISH NAGDA Dec 30, 2014 17:14

axis capital

339. Vivi Dec 25, 2014 11:15

Monte Carlo is a good example how can we be fooled around easily. Its usually good to sell your application in Grey Market in sit silent on IPO which you are not sure of. Recommendations from Brokering houses are managed by promoters. Grey markets too manipulated. Fundamentals are usually overlooked by retail investors. Identify people who really thinks alike you and act on their opinion instead of general market opinion. Lets be careful next time. Thank god I was saved by luck this time.

338. Rajkot Special Dec 23, 2014 17:30

Link in time Ki sight per allotment and refund status check Karo. Fir bhi refund na mile to sight pe se phone number leke link in time ko Phone karo.

337. Harsh Dec 23, 2014 17:02

Mene monte carlo ke 23 share ke liye apply kiya tha or mujhe share allot nhi hua, mujhe ab tk mere paise refund nhi hua to please koi bataiye ki me kya kru

337.1. SONMAYA Dec 24, 2014 17:18

Top Contributor (300+ Posts)

DEAR HARSH ,KDLY GIVE YOUR MOBILE NO.

336. Harsh Dec 23, 2014 16:55

sir, mene 23 share monte carlo ke apply kiye the or mujhe koi allotment nhi hua. Mujhe mere paise ab tk refund nhi hua h. mene apna bank a/c bhi check kr liya h. Isliye please koi bataiye ki meri money mujhe wapas kese milegi

335. Rajkot Special Dec 22, 2014 11:07

Monte Carlo pe 25
Page industries pe 65
Keval Koran pe 34
Zodiak clothing pe 38

Load more comments (1 replies)

335.2. Am A Dec 22, 2014 23:15

Not comparable brands... Monte Carlo is mostly a woolen brand which makes it a more cyclic stock... anyway all other stocks are over-valued too. Additionally, other brands have stronger management, unlike greedy Monte Carlo promoter.... look at their other listed entities.

http://ak57.in/general/monte-carlo-fashions-limited-disastrous-listing/6980/

335.3. ABHISHEK SABARMATI Dec 23, 2014 15:36

montecarlo rs.710 only 1 week

334. Rajkot Special Dec 22, 2014 11:02

Page industries peer company of monte Carlo
Page ipo price Rs.360
Listing date 16-3-2007
Open 284
High 342
Low 272

Close 282 discount
Now 11750 eps 180 pe 65

333. star ipo king Dec 22, 2014 08:41

I advise to exit on 587 rs 2 day before.....today Monte touch 588 any holder sold .......100% correct

332. pinkyjain Dec 21, 2014 21:42

Mc tomorrow price 545 expected

332.1. scshah Dec 22, 2014 07:23

I think you are right.

331. Carn Mohan Dec 21, 2014 08:48

IPO Mentor (600+ Posts, 200+ Likes)

About 90% IPO/fpos are trading in discount but retailers are subscribed all IPO/fpos hugely.

330. IPOANALYSIS Dec 20, 2014 23:32

I HAVE TOLD EARLIER MONTE CARLO IS NOT WORTH 250 RS STOCK.
IT WILL KEEP CRASHING. THOSE WHO HOLD THIS STOCK.GET OUT OF IT IMMEDIATELY AND INSTEAD BUY MOMAI APPARELS.

REASON
1)MOMAI APPAREL MANAGEMENT IS GREAT AND ALWAYS REWARDED INVESTORS.
SEE MOMAI APPAREL NEVER WENT BELOW ISSUE PRICE SO HAVE A FEELING THIS STOCK HAS STRONG SUPPORT AND WILL HAVE HUGE BUYERS IN COMING MONTHS
2) MOMAI APPAREL PRICED THE IPO PRICE VERY WELL INFACT AT DISCOUNT TO PEERS. MONTE CARLO ASKED FOR HUGE PREMIUM AND SOONER OR LATER WOULD COME TO ITS FAIR PRICE OF 250 RS
3)MOMAI APPARELS HAVE GROWTH OF MORE THAN 200% EACH YEAR. MONTE CARLO HAS NOT GROWN AT ALL IN LAST 3 YEARS.

SO BUY BUY BUY MOMAI APPARELS AFTER EXITING FROM MONTE CARLO

330.1. HARISH NAGDA Dec 30, 2014 17:18

axis capital a cheater talk to them on 0222677900

329. Am A Dec 20, 2014 22:14

IPO draft...
bankers fixes "above-fair" valued price...
promoters not satisfied...
bankers increases price...
promoters happy, bankers skeptical...
unknown entities manipulate grey market...
investors happy, promoters happy, bankers happy...
grey market crashes...
stock tanks...
promoters still happy bankers still happy investors, who cares!!!

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