SP Apparels's 239-cr IPO to open on Aug 2.Price Band 258-268
Centrum and Motilal are managing this IPO. Retail investors get 35% quota and can apply for 55 shares in one lot. The Price band for the IPO is Rs.258 - Rs.268 per equity share.
| Issuer | S.P. Apparels Ltd |
| Issue Type | 100% Book Built Issue IPO |
| Issue Period | Issue Opens: Tuesday, Aug 02, 2016 |
| Issue Closes: Thursday, Aug 04, 2016 |
| Price Brand | Rs.258 - Rs.268 per equity share |
| Issue Size(Rs.) | 239.12 Crores |
| Face Value | Rs.10 per Equity Share |
| Bid Lot | 55 Equity share and multiples thereafter |
| Maximum Bid amount for Retail | Rs. 2 Lakhs |
| QIB* | At least 50% of the Offer (44,61,160 Equity Shares) |
| NIB | Up to 15% of the Offer (13,38,370 Equity Shares) |
| Retail Individual Bidders | Up to 35% of the Offer (31,22,845 Equity Shares) |
| Mode of Payment | ASBA Mandatory (No Cheque will be accepted) |
| Registrar | Link Intime India Private Limited |
| Listing | NSE and BSE |
| Book Running Lead Managers | Centrum Capital Limited & Motilal Oswal Investment Advisors Pvt. Ltd. |