Thursday, October 22, 2020

Shine Fashions IPO Date, Review, Price Band, Form, Allotment & Market Lot


Shine Fashions SME IPO to hit the market on 22 October 2020. The company is incorporated in 2019 based in Mumbai. They are importing, supplying and trading of non -woven interlining fabrics, woven fusible interlinings and microdot fusible interlinings. Their diversified product range includes Cap Interlinings, Woven Stretch Interlining, Hot Web Adhesive, Tricot, Cotton Fusible Interlinings, and Trafetta. Shine Fashions IPO is BSE SME IPO. The price band is fixed at ₹40 with issue size of 399,000 shares with ₹1.60 crores. The market lot is 3000 shares.
 
 

Shine Fashions IPO Review:

  • Avoid

Shine Fashions IPO Date & Price Band:

 IPO Open:  22 October 2020
 IPO Close:  26 October 2020
 IPO Size:  Approx ₹1.60 Crore (Approx)
 Face Value:  ₹10 Per Equity Share
 Price Band:  ₹40 Per Share
 Listing on:  BSE SME
 Retail Portion:  50%
 Equity:  399,000 Shares

Shine Fashions IPO Market Lot:

 Lot Size:  Minimum 3000 Shares
 Minimum Amount:  ₹1,20,000


Shine Fashions IPO Allotment & Listing:

$nbsp;Basis of Allotment:  November 2020
 Refunds:  November 2020
 Credit to Demat Account:  November 2020
 Listing Date:  November 2020

Shine Fashions IPO Form:

How to apply the Shine Fashions IPO? You can apply Shine Fashions IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Shine Fashions IPO in the Invest section. The other option you can apply Shine Fashions IPO via IPO forms download via NSE and BSE. Check out the Shine Fashions forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

Shine Fashions Financial Reports:

  ₹ in Crores

Revenue Expense PAT
2017 - - -
2018 - - -
2019 - - -
2020 7.63 7.50 0.35
2021 (2M)
0.02 0.04 -0.03

Company Promoters:

  • Mr. Anish Anil Mehta
  • Mr. Anil Zaverchand Mehta

Quick Links:

DRHP Draft Prospectus
RHP Draft Prospectus

Shine Fashions IPO Registrar:

Cameo Corporate Services Ltd.,
Subramanian Building # 1, Club House Road,
Chennai 600 002 - India
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://online.cameoindia.com/

Shine Fashions IPO Subscription Numbers:

  •  The IPO Subscribed 1.17x times overall in which NII 1.52x times while RII 0.81x times on day 1.

Shine Fashions IPO Allotment Status:

  • Check Shine Fashions IPO allotment status on Cameo website allotment URL. Click Here

Shine Fashions IPO Lead Managers:

  • SHRENI SHARES PRIVATE LIMITED

Company Address:

Shine Fashions (India) Ltd
Office no. 605, 6th floor, Marathon Chamber, P.K
Panch Rasta, Mulund West
Mumbai-400080
Phone: 022-2593 9522
Email: shinefashionscs@gmail.com
Website: http://www.amfabrics.in/

Shine Fashions IPO FAQs:

1. When Shine Fashions IPO will open for NII, and Retail?
The IPO to open on 22 October 2020 for NII, and Retail Investors.

2. What is Shine Fashions IPO Investors Portion?
The investors' portion for NII-50%, and Retail-50%.

3. How to Apply the Shine Fashions  IPO?
You can apply Shine Fashions IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

4. What is Shine Fashions IPO Allotment Date?
Shine Fashions IPO allotment date is November 2020. You can check IPO allotment here.

5. What is Shine Fashions IPO Listing Date?
Shine Fashions IPO listing date is November 2020. The IPO to list on BSE SME Platform.