Issue Price
₹645
Per Share
GMP
NIL
Grey Market
Est. Listing
₹645
Expected Price
Min. Application
₹29,670
2 lots × 23 shares
Incorporated in 1984, Monte Carlo Fashions Limited is the leading apparel brand in India; especially famous for exclusive woolen brand 'Monte Carlo'.Company cater to the premium and mid-premium branded apparel segment for men, women and kids, offering a comprehensive line of woolen, cotton and cotton-blended knitted and woven apparel and home furnishings through our 'Monte Carlo Exclusive Brand Outlets' and multi brand outlets, including a network of national chain stores under the 'Monte Carlo' brand.Monte Carlo has 190 Monte Carlo Brand Outlets in India; out of which 80 are owned by the company and the rest are franchisees.Monte Carlo operates 2 manufacturing facilities in Ludhiana, one for our woolen apparel products and one for our cotton apparel products.A Mauritius based private equity firm acquired acquired a stake in Monte Carlo in June 2012. Samara Capital currently holds 18.51 per cent of the pre-offer capital of the company.Post issue; the promoters will have up to 64 per cent stake, public would be 25 per cent, and Samara Capital would retain 11 per cent stake in the company.
Monte Carlo Fashions Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 5,433,016 | 100.00% | ₹350.43 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 23 | ₹14,835 |
| Retail (Max) | 13 | 299 | ₹192,855 |
| sNII (Min) | 14 | 322 | ₹207,690 |
| bNII (Min) | 68 | 1,564 | ₹1,008,780 |
| Particulars | 31-Mar-14 | 31-Mar-13 | 31-Mar-12 |
|---|---|---|---|
| Revenue from Operations | 518.89 | 416.46 | 375.38 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 55.38 | 49.48 | 48.86 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | N/A | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |