SP Apparel's are a leading manufacturer and exporter of knitted garments for infants and children in India. These are manufactured at their integrated facilities that allow them to provide end-to-end garment manufacturing services from greige fabric to finished products. The core competency lies in clear understanding of the specifications of knitted garments in the infants and children category, the buying preferences of customers and ability to deliver products of a consistent high quality that meet the product specifications and stringent compliance requirements of their international customers. 86.13%, 84.62% and 79.84% of the total revenues for the Fiscal Years 2016, 2015 and 2014, respectively, were generated by business of export of knitted garments products for infants and children. IPO Objectives: Partial or full repayment or prepayment of debt incurred by the Company Expansion and modernization of manufacturing facility at Valapady,Salem, Tamil Nadu Addition of balancing machineries for existing dyeing unit at SIPCOT, Perundurai Opening of new stores for the sale of products under the ‘Crocodile’ brand General corporate purposes IPO Strategies: Enhancing existing capacities and improving operational efficiencies Deepening the product penetration with existing customers and increasing the customer base Strengthening the Retail presence Invest in infrastructure and technology (source karvy)