IPO Issue Details
Issue Price / Price Band₹10 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size10,000 Shares per Lot
Total Issue Size35,00,000 shares (aggregating up to ₹3.50 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 30 Sep 2013
Subscription CloseMon, 07 Oct 2013
Anchor AllotmentSun, 29 Sep 2013
Basis of AllotmentSun, 13 Oct 2013
Initiation of RefundsMon, 14 Oct 2013
Credit of Shares to DematMon, 14 Oct 2013
Listing DateTue, 22 Oct 2013
UPI Mandate Deadline2013-10-07
Application & Investment Details
Retail — Min (1 Lots)₹1,00,000 — 10,000 shares
Retail — Max (13 Lots)₹1,300,000 (13 Lots)
HNI — Min (3 Lots)₹3,00,000 — 30,000 shares
Net Offer to Public33,20,000 shares (aggregating up to ₹3.32 Cr)
Reserved for Market Maker1,80,000 shares (aggregating up to ₹0.1800 Cr)
Pre-IPO Promoter Holding75,00,000 shares
Post-IPO Promoter Holding1,10,00,000 shares
About Subh Tex (India) Ltd.
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.
Objects of the Issue
Subh Tex (India) Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Meeting Additional Working Capital Requirements
3.00
2
2 Public Issue Expenses
0.50
Shareholding & Lock-in
Pre-IPO Promoter Holding
75,00,000 shares
Post-IPO Promoter Holding
1,10,00,000 shares