This entry is part 6 of 8 in the series IPO

d13Scotts Garments Ltd IPO open for Subscription as on 25 April 2013 & close 29 April 2013. Issue extended till 3 May 2013. Also note that price band has been revised from (130-132) to (118-120).   ISSUE WITHDRAWN

 

Company Profile

About Company

Scotts garments with its rich tradition of manufacturing excellence since its commercial commencement in the year 1994 under the visionary leadership of Mr. Naseer Ahmed, Managing Director, a sitting member of legislative council of state of Karnataka and Joint Vice Chairman of M/s. Bombay Rayon Fashions Limited, the company continues to evolve as a major industry player commanding an annual turnover of 140 Million USD. It has 15 factories and state of the art textile mills based in Karnataka and Tamilnadu.

They have positioned themselves as a player focusing largely to changing need and trends of fashion in the readymade garment. They export their quality products to several international clients across the Globe. During the year ended Mar 2012, they have exported 91.44% of their total sales of readymade knitted and woven apparels to international clients. 

 Object of Issue

 The object of Issue are as  follows

  • Setting up of unit for Trouser manufacturing & Knitting & Fabric Process
  • Margin Money for working capital of new unit
  • General Corporate purpose
  • Meeting issue expenses

 

  

Issue Details

Issue OpenThursday 25 April, 2013
Issue CloseMonday 29 April, 2013
Issue Size 10,506,954 Equity Shares (Rs. 136.59-Rs. 138.69 Cr)
Price BandRs. 130- Rs. 132
Bid Lot100 Equity Shares
Cheque in Favour of (Retail Investor)Escrow Account - SGL - R
Registrar of IssueLink Intime
IPO GradeGrade 3 Average Fundamental

Payment Schedule for Retail

No. of SharesPrice per ShareCheque Amount (Rs)
No. of SharesPrice per ShareCheque Amount (Rs)
10013213200
20013226400
30013239600
40013252800
50013266000
60013279200
70013292400
800132105600
900132118800
1000132132000
1100132145200
1200132158400
1300132171600
1400132184800
1500132198000

 

 

Allotment Listing

 Registrar of Issue     :    Link Intime India Pvt Ltd

 Listing                           :    NSE & BSE

 

 

 

RajendraIPOScotts Garments Ltd IPO open for Subscription as on 25 April 2013 & close 29 April 2013. Issue extended till 3 May 2013. Also note that price band has been revised from (130-132) to (118-120).   ISSUE WITHDRAWN    Investment you need