Sudar Garments Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 4,544,000 (50%) | — | ₹3,499 Cr |
| NII (HNI) | — | 1,363,200 (15%) | — | ₹1,050 Cr |
| Retail | — | 3,180,800 (35%) | — | ₹2,449 Cr |
| Σ Total | — | 9,088,000 (100%) | — | ₹69,978 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 | 81 | ₹6,237 |
| Retail (Max) | 13 | 1,053 | ₹81,081 |
| S-HNI (Min) | 14 | 1,134 | ₹87,318 |
| B-HNI (Min) | 67 | 5,427 | ₹417,879 |
Financial Statements Amount in Rs Cr
| Metric | 30-Sep-10 | 31-Mar-10 | 31-Mar-09 |
|---|---|---|---|
| Revenue | 5,260 | 5,397 | 2,090 |
| Profit After Tax | 408 | 411 | 59 |
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 Expansion of the existing apparel manufacturing unit – 26.29
- 2 Meeting Working Capital Requirement – 27.30
- 3 Setting up Retail Outlets and Brand Building – 5.90
- 4 Meeting General Corporate Expenses – 9.12
- 5 Meeting the Issue Expenses – 6.16
Company Overview
Incorporated in 2002, Sudar Garments Limited is a leading manufacturer and exporter for readymade garments specialized in elegant Shirts, Trousers and wide range of apparel for Men, Women & Kids.
Sudar Garments has its own manufacturing setup at Khalapur Taluka, Raigad District, Maharashtra with a built-up area of about, 29,626.30 Sq. Mtr. having a combined capacity of producing 1,66,667 pieces of shirts, dress, pants, tops, skirts, and denims per month. The company is presently manufacture under its own brand name “Glory to Glory” and will be launching shortly two more brands namely 'St. Paul' and 'Majesty'.