Sanghvi Brands Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,304,000 (47%) | — | ₹900 Cr |
| Retail | — | 1,304,000 (47%) | — | ₹900 Cr |
| Market Maker | — | 140,000 (5%) | — | ₹10 Cr |
| Σ Total | — | 2,748,000 (100%) | — | ₹18,961 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 | 2,000 | ₹138,000 |
| Retail (Max) | 13 | 26,000 | ₹1,794,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,932,000 |
| B-HNI (Min) | 67 | 134,000 | ₹9,246,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30-Jun-2017 | 31-Mar-2017 | 31-Mar-2016 |
|---|---|---|---|
| Revenue | 266 | 1,110 | 799 |
| Profit After Tax | 3 | 82 | 10 |
| Net Worth | 1,004 | 1,001 | 919 |
| Total Assets | 1,244 | 1,204 | 1,125 |
| Reserves & Surplus | 934 | 931 | 574 |
| Total Borrowing | 18 | 17 | 13 |
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
- Business Expansion a. Expanding outlets/ distribution of current brand portfolio in India and overseas, b. Acquisitions and development of new brands – 7.72
- Marketing and sales promotion of the brands in our portfolio – 5
- Strategic Investments for business growth – 1
- General Corporate Purpose – 2.84
- Issue expense – 2.40
Company Overview
Incorporated in 2010, Sanghvi Brands Ltd (SBL) manages and operates Luxury Spa, Beauty, Wellness & Fitness Brands and one of the top largest Spa and Wellness Operator in India with license rights to operate various premium international brands including Spa by Clarins, Spa by L’Occitane, Elle Spas & Salons, Warren Tricomi Salon & Spa, Levo, Rosanno Ferretti, TAOS Salon, Ramona Braganza’s 3-2-1 Fitness programme.
They also holds sole distributorship of Noveau Lashes for the territory of India to promote market and sell these products. They currently operates 19 Spa/Salons across the globe and another 9 Salons/Spa are under development. It has partnered with The Ritz Carlton San Fransisco, JW Marriot Mussoorie, Raichak Hotel in Kolkata, Khyber Resorts in Himalayas, Jammu & Kashmir, realty developers Lodha, IREO, K Raheja Corp etc.