Monte Carlo Fashions Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,716,507 (50%) | — | ₹17,521 Cr |
| NII (HNI) | — | 814,953 (15%) | — | ₹5,256 Cr |
| Retail | — | 1,901,556 (35%) | — | ₹12,265 Cr |
| Σ Total | — | 5,433,016 (100%) | — | ₹350,430 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 23 | ₹14,835 |
| Retail (Max) | 13 | 299 | ₹192,855 |
| S-HNI (Min) | 14 | 322 | ₹207,690 |
| B-HNI (Min) | 67 | 1,541 | ₹993,945 |
Financial Statements Amount in ₹ Crore
| Metric | 31-Mar-14 | 31-Mar-13 | 31-Mar-12 |
|---|---|---|---|
| Revenue | 519 | 416 | 375 |
| Profit After Tax | 55 | 49 | 49 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 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. –
Company Overview
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.