Subh Tex (India) Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,660,000 (47%) | — | ₹166 Cr |
| Retail | — | 1,660,000 (47%) | — | ₹166 Cr |
| Market Maker | — | 180,000 (5%) | — | ₹2 Cr |
| Σ Total | — | 3,500,000 (100%) | — | ₹3,500 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 Meeting Additional Working Capital Requirements – 3.00
- 2 Public Issue Expenses – 0.50
Company Overview
Incorporated in 2003, Subh Tex India Limited Ltd is an ISO 9001:2008 certified company and engaged in the business of manufacturing fabric viz suiting & shirting for the domestic and international market. They export their finished suiting to various countries in the Middle East region. Also, They do trading activities of various materials (semi-finished and finished products) in the textile market.
Company is involved in trading of various textile products which are of high quality and also bulk trading. Also they plan to leverage on the marketing exposure and contacts which they generate their trading activities which will be useful for converting trading clients as clients of manufactured products. Company manufacturers suiting and shirting for which it has installed 76 Sulzer looms at its plant in Silvassa.