Initial public offering up to (*) equity shares of face value of Rs 10 each (the "equity shares") of the ("company") for cash at a price of Rs (*) per equity share (including a premium of Rs (*) per equity share) (the "offer price") aggregating up to Rs (*) crores consisting of a fresh issue of up to (*) equity shares of the company aggregating up to Rs 215 Crores (the "fresh issue") and an offer sale up to 900000 equity shares aggregating up to (*) million ("Offered shares") by New York Life Investment Management India Fund (FVCI) II LLC (the "selling shareholder" and such offer of equity shares by the selling shareholder, the "offer for sale"). The fresh issue and the offer for sale are together referred up to as the "offer". The offer will constitute (*) % of the fully-diluted post-offer paid-up equity share capital of the company.
The face value of the equity shares is Rs 10 each. The price band, any retail discount* and the minimum bid lot will be decided by our company and the selling shareholder in consultation with the book running lead manager (The "BRLMs")
S P Apparels Ltd
Registered Office: 39-A Extension Street, Kaikattipudur Avinashi, Tirupur - 641654, Tamil Nadu
Initial public offering of 8,922,388 equity shares of face value of Rs. 10 each (the "equity shares") of S.P. Apparels Limited ("company") for cash at a price of Rs. 268 per equity share (including a premium of Rs. 258 per equity share) (the "offer price") aggregating Rs. 239.12 crores consisting of a fresh issue of 8,022,388 equity shares by the company aggregating up to Rs. 215.00 crores (the "fresh issue") and an offer for sale of 900,000 equity shares aggregating Rs. 24.12 crores by New York Life Investment Management India Fund (FVCI) II LLC (the "selling shareholder" and such offer of equity shares by the selling shareholder, the "offer for sale"). The fresh issue and the offer for sale are together referred to as the "offer". The offer will constitute 35.45% of the fully-diluted post-offer paid-up equity share capital of the company.
The face value of the equity shares is Rs. 10 each.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
01-Jan-1970
01-Jan-1970
₹ 10.00
₹ 0.00
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
02-Aug-2016
04-Aug-2016
₹ 268.00
₹ 0.00
Minimum Application for shares in Nos : 0.0
Further Multiples of : 0.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
Centrum Capital Ltd
Project Financed through Current Offer
0.00
Post Issue Equity Share Capital
0.00
Issue Price
₹10.00
Project Cost
0.00
Centrum Capital Ltd
Project Financed through Current Offer
239.12
Post Issue Equity Share Capital
0.00
Issue Price
₹268.00
Projects
Repay. or prepay. of debt incurred by the company
Expansion & modernisation of manufacturing facili.