18 February 2011

Sudar Garments IPO: All the details

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Issue Terms
 
Issue price / Floor Price (Rs)
72-77
Application per share (Rs)
72.00
Minimum investment amount (Rs)
5,832.00
Minimum bid (no of shares)
81 shares and in multiples of 81 thereafter
Maximum Shares for Retail
2754-2592



Issue Date and Size
 
Issue opens
21-Feb-11
Issue closes
24-Feb-11
Listing on
BSE
Issue size (Rs cr)
65.43-69.98
Mkt cap at issue price (Rs cr)
133.56-142.84




Shares on Offer
Lakhs
Total shares offered
90.88
Of above, offered to public
90.88
Post-issue shares
185.50



Lead Managers & Registrar
Lead Manager(1)
Ashika Capital Ltd
E-mail
mbd@ashikagroup.com


Registrar
Link Intime India Pvt Ltd
E-mail
sul.ipo@linkintime.co.in



Company Contact Details
Company's address
117, First Floor, Vardhaman Market, Sector-17, Vashi, Navi Mumbai
Pincode
400073
Tel No.
91 022 27800706
Fax No.
91 022 27889239
Website
http://www.sudargarments.com



Description
Company specializes in shirts, trousers and wide range of other apparel. 
Company functions as an integrated apparel manufacturer with the 
capability of designing and manufacturing involving cutting, body stitching,
 washing, ironing and finishing.
Objects of Issue
  • Expansion of the existing apparel manufacturing unit
  • Meeting working capital requirement
  • Setting up retail outlets and brand building









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