R&B Denims Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,760,000 (47%) | — | ₹176 Cr |
| Retail | — | 1,760,000 (47%) | — | ₹176 Cr |
| Market Maker | — | 190,000 (5%) | — | ₹2 Cr |
| Σ Total | — | 3,710,000 (100%) | — | ₹3,710 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 | 10,000 | ₹100,000 |
| Retail (Max) | 13 | 130,000 | ₹1,300,000 |
| S-HNI (Min) | 14 | 140,000 | ₹1,400,000 |
| B-HNI (Min) | 67 | 670,000 | ₹6,700,000 |
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 Part Repayment of Term Loan-II taken from Bank of India – 3.30
- 2 Issue Expenses – 0.41
Company Overview
Incorporated in 2010, R & B Denims Ltd is engaged in denim textile production and marketing. Company's products include open end/ ring spun yarns, slub yarns, multi count, cottons and polyester spandex. They come as Indigo dyed, Sulphur Dyed, Indigo bottom Sulphur toppings and Sulphur bottom and Indigo toppings, with both foam and wet finishes.
These are the main products manufactured under the umbrella of “R & B Denims”, along with others fancy yarn play in weft patterns in different weave designs. All of these, in various chemical and mechanical finishes. R & B Denims has a production capacity of more than 20 million meters per annum.