IPO Issue Details
Issue Price / Price Band₹65 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size40,86,000 shares (aggregating up to ₹26.56 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 12 Mar 2018
Subscription CloseFri, 16 Mar 2018
Anchor AllotmentSun, 11 Mar 2018
Basis of AllotmentThu, 22 Mar 2018
Initiation of RefundsFri, 23 Mar 2018
Credit of Shares to DematFri, 23 Mar 2018
Listing DateMon, 26 Mar 2018
UPI Mandate Deadline2018-03-16
Application & Investment Details
Retail — Min (1 Lots)₹1,30,000 — 2,000 shares
Retail — Max (13 Lots)₹1,690,000 (13 Lots)
HNI — Min (2 Lots)₹2,60,000 — 4,000 shares
Net Offer to Public38,80,000 shares (aggregating up to ₹25.22 Cr)
Reserved for Market Maker2,06,000 shares (aggregating up to ₹1.34 Cr)
Pre-IPO Promoter Holding1,14,26,215 shares
Post-IPO Promoter Holding1,55,12,215 shares
About Active Clothing Co.Ltd.
Incorporated in 2002, Active Clothing Co Limited manufactures and sells readymade garments for men, women, kids, boys, and girls in India.They offers sweaters, T-shirts, knitted T-shirts, fashion shirts, designer T-shirts, V-neck T-shirts, round neck T-shirts, printed round neck T-shirts, full knitted polo T-shirts, and knitted bottom wears as well as hooded, sleeveless, designer jackets under the AAGAIN brand name. They also operates a multi branded store for fashion products.The Company has a total capacity 12,58,810 pieces of sweaters, 242,190 pieces of jackets and 7,80,000 T-Shirts and Sweatshirts. The key customer base of the Company includes Levi Strauss (India) Pvt. Ltd., U.S Polo, Arrow, Izod, United Colours of Benetton, Numero Uno, Basics, Aero staple, Elle, Iconic, Pepe Jeans, Impulse buying house and other reputed international brands.The Company is also a distributor for international brands such as Levis, Celios, Arvind owned licensee brands Ed Hardy, Flying Machine.
Objects of the Issue
Active Clothing Co.Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Incremental Working Capital Requirement
23.56
3
3 General Corporate purposes
1.50
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,14,26,215 shares
Post-IPO Promoter Holding
1,55,12,215 shares