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Open
30 Mar to 6 Apr, 2005
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Close
30 Mar to 6 Apr, 2005
3
Allotment
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Listing
Wed, Apr 27, 2005
Price Band
₹375 to ₹425
Issue Size
31,25,000 shares (agg. up to ₹133 Cr)
Listing Date
Wed, Apr 27, 2005
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 46.54x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2004 | 31 Mar 2004 | 31 Mar 2003 | 31 Mar 2002 |
|---|---|---|---|---|
| Assets | 139.70 | 10.69 | 57.42 | 53.14 |
| Total Income | 382.84 | 465.73 | 375.17 | 370.12 |
| Profit After Tax | 24.70 | 2.94 | ||
| NET Worth | 139.14 | 10.63 | 57.42 | 53.14 |
| Reserves and Surplus | 126.13 | 2.94 | 0.00 | 1.31 |
| Total Borrowing | 129.44 | 124.07 | 29.15 | 5.34 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure - Setting up four new factories | 45.60 |
| 2 | Capital Expenditure - Modernization and expansion of our existing factories | 20.00 |
| 3 | General Corporate Purpose | 29.21 |
| 4 | Repayment of working capital loan | 30.00 |
| 5 | Meeting issue expenses | 8.00 |
| Total | 132.81 |
About Gokaldas Exports IPO
Incorporated on March 1, 2004 as Gokaldas India Private Limited and subsequently renamed Gokaldas Exports Limited with effect from January 7, 2005, the company is one of India's leading apparel manufacturer-exporters, building on the legacy of the Gokaldas Exports Group established 25 years ago by the late Shri Jhamandas H. Hinduja in Bangalore.The company is engaged in the design, manufacture and export of a wide range of garments for men, women and children, including outerwear such as coats, suits, jackets, parkas and ski wear, activewear, bottomwear and casualwear. It provides end-to-end solutions to global buyers covering designing, raw material sourcing, production, quality control and shipping.Gokaldas Exports operates 38 manufacturing units and 5 support service units, all located in Bangalore, Karnataka, spread across approximately 19 lakh square feet with 258 production lines. The company also maintains in-house facilities for value-added services such as embroidery, printing, quilting and laundry. Its operations are supported by a customised ERP-based IT infrastructure integrating its entire supply chain.Its buyers include leading global apparel brands and retailers such
Contact Details
Gokaldas Exports Ltd. AddressNo.70, Mission RoadBengaluru, Karnataka, 56002791 80 5127 2200info@gokaldasexports.comVisit Website