Bookbuilding IPO | ₹63 Cr | Listed at BSE, NSE | Wed, Jun 29, 2005 - Tue, Jul 5, 2005
SPL Industries IPO is a book build issue of ₹63.00 crores. The issue is entirely a fresh issue of 0.90 crore shares of ₹63.00 crore.
SPL Industries IPO bidding started from Jun 29, 2005 and ended on Jul 5, 2005. The shares got listed on NSE and BSE on Jul 26, 2005.
SPL Industries IPO is set final issue price at ₹70 per share.
Karvy Investor Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to SPL Industries IPO DRHP for detailed Information.
IPO Open
Wed, Jun 29, 2005
IPO Close
Tue, Jul 5, 2005
Issue Price
₹70 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 29 Jun to 5 Jul, 2005 |
| Listed on | Tue, Jul 26, 2005 |
| Face Value | ₹10 per share |
| Price Band | ₹60 to ₹70 |
| Issue Price | ₹70 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 90,00,000 shares (agg. up to ₹63 Cr) |
| Fresh Issue | 90,00,000 shares (agg. up to ₹63 Cr) |
| Share Holding Pre Issue | 2,00,00,004 shares |
| Share Holding Post Issue | 2,90,00,004 shares |
| BSE Script Code / NSE Symbol | 532651 / SPLIL |
| ISIN | INE978G01016 |
SPL Industries IPO comprises a total issue size of 90,00,000 shares. Out of which, 45,00,000 (50.00%) are allocated to QIB, 13,50,000 (15.00%) allocated to NII 31,50,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue |
|---|---|---|
| QIB Shares Offered | 45,00,000 | 50.00% |
| NII (HNI) Shares Offered | 13,50,000 | 15.00% |
| Retail Shares Offered | 31,50,000 | 35.00% |
| Total Shares Offered | 90,00,000 | 100.00% |
SPL Industries Ltd. is a textile manufacturing and export company engaged in the production of knitted fabrics and garments.
The company primarily operates as an apparel export house, designing and manufacturing products such as T-shirts, polo shirts, sweatshirts, and other outerwear for international markets. Its business includes both fabric production and garment manufacturing, catering mainly to overseas clients.
SPL Industries has built capabilities across the textile value chain, from knitting and processing to finished garment exports. While the company has maintained operations with relatively low debt levels, its financial performance has seen fluctuations in revenue growth and profitability in recent years.
SPL Industries Ltd. is positioned as a mid-sized export-oriented textile player, focusing on knitted apparel manufacturing with a presence in global markets.
Competitive Strengths:
| Period Ended | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Assets | 197.05 | 149.39 | 145.08 |
| Total Income | 203.44 | 155.67 | 178.45 |
| Profit After Tax | 11.92 | 4.35 | 4.64 |
| NET Worth | 83.25 | 71.34 | 67.15 |
| Reserves and Surplus | 63.25 | 61.34 | 57.15 |
| Total Borrowing | 74.99 | 53.26 | 47.04 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of new Yarn Dyeing Plant | 5.17 |
| 2 | Expansion of Knitted Dye Fabric Plant | 14.06 |
| 3 | Expansion of Knitted Garment Plant | 10.50 |
| 4 | Setting up of Woven Garment Plant | 1.20 |
| 5 | Expansion of Home furnishing Plant | 0.80 |
| 6 | Expansion of Embroidery Section | 0.60 |
| 7 | Contingencies | 4.50 |
| 8 | Additional working capital | 5.00 |
| 9 | Primary and Pre operative expenses | 4.15 |
| Total | 45.98 |
| KPI | Mar 31, 2005 |
|---|---|
| RoNW | 14.19% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 93.86% | 64.73% |
The SPL Industries IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 28.27 | 90,00,000 | 25,44,10,555 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management | 0.69 |
| 2 | Registrars fees | 0.15 |
| 3 | Printing of Stationery | 1.00 |
| 4 | Advertising and marketing expenses | 0.45 |
| 5 | Underwriting, Brokerage and Selling commission | 1.26 |
| 6 | Other expenses | 0.60 |
| Total | 4.15 |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹70.00 | ₹70.00 |
| Open | ₹75.00 | ₹90.00 |
| Low | ₹75.00 | ₹90.00 |
| High | ₹118.90 | ₹113.00 |
| Last Trade | ₹103.35 | ₹103.35 |
Lead Manager Reports
SPL Industries IPO is a main-board IPO of 90,00,000 equity shares of the face value of ₹10 aggregating up to ₹63 Crores. The issue is priced at ₹70 per share. The minimum order quantity is .
The IPO opens on Wed, Jun 29, 2005, and closes on Tue, Jul 5, 2005.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in SPL Industries IPO using UPI as a payment gateway. Zerodha customers can apply in SPL Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in SPL Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The SPL Industries IPO opens on Wed, Jun 29, 2005 and closes on Tue, Jul 5, 2005.
SPL Industries IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in SPL Industries IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for SPL Industries IPO will be done on Friday, July 15, 2005, and the allotted shares will be credited to your demat account by . Check the SPL Industries IPO allotment status.
The SPL Industries IPO listing date is on .
