Tuesday, March 13, 2018

Active Clothing IPO Price Band, Market Lot, Dates, Allotment & Subscription Details

Active Clothing Ltd incorporated in 2002 based in Mohali. Active Clothing is a manufacturer and seller of readymade garments for men, women, kids in India. The company has a product range of tshirts, shirts, bottom wears, sweaters, hoodies, jackets. They have brand name of AAGAIN for their product range. The company has customers like US POLO, Levi Strauss, Arrow, Izod, UCB, Numero Uno, Basics, Pepe Jeans, Iconic, Impule buying House and more. They are also distributors for international brands like Ed Hardy, Flying Machine, Levis, Celios. Active Clothing ipo is starting from 12 March and ends on 14 March. The price band is around Rs.65 with 2000 market lot. The ipo size is around 26.56 crore rupees.

IPO Review:
  • Risky
Active Clothing IPO Dates & Price Band:
  • IPO Open: 12 March 2018
  • IPO Close: 16 March 2018
  • IPO Size: Approx Rs 26.56 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs 65 Per Equity Share
  • Listing on: BSE SME
  • Shares: 4,086,000
  • Retail Portion: 50%
IPO Market Lot:
  • Shares: Apply for 2,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,30,000
Financial Results:

Rs. in Crore

2013 2014 2015 2016 2017
Revenues 80.6 103.1 110.7 112.1 120.0
Expenses 78.4 101.0 108.5 109.9 117.8
PAT 1.4 1.4 1.5 1.5 1.9

Grey Market Premium:
  • The grey market is around Rs.4000 Subject to Sauda.
Active Clothing IPO Subscription Status:
  • IPO Subscribed 1.04 times overall
Active Clothing IPO Allotment Status:
Company Promoters:
  • Rajesh Mehra
  • Renu Mehra
  • Rajesh Mehra (HUF)
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

IPO Lead Managers:
  • Ajcon Global Services Limited
Company Address:
Active Clothing Co Ltd
Plot no. E-225,
Phase VIII B, Industrial Area,
Focal Point, Mohali,
Phone: +91-172-4313300
Fax: +91-172-4313333
Email: rmehra@activesourcing.org
Website: http://www.activesourcing.org