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Open
20 Mar 2006
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Close
23 Mar 2006
3
Allotment
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Listing
Thu, Apr 13, 2006
Price Band
₹250 to ₹275
Issue Size
31,00,000 shares (agg. up to ₹81 Cr)
Listing Date
Thu, Apr 13, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 12.42x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 | 31 Mar 2002 | 31 Mar 2001 |
|---|---|---|---|---|---|
| Total Income | 26.84 | 25.39 | 4.11 | 0.07 | -0.00 |
| Profit After Tax | 3.72 | 3.85 | 0.46 | -0.81 | -0.16 |
| NET Worth | 0.86 | 0.86 | 0.86 | -0.00 | 0.64 |
| Reserves and Surplus | 7.56 | 3.74 | -0.14 | -1.00 | -0.36 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Celebrity Fashions Ltd. | Mainboard | ₹81.90 Cr | ₹180 | 41.1 | ₹229.65 | +27.58% | ₹7.28 (+4.17%) |
| Provogue (India) Ltd. | Mainboard | ₹60.74 Cr | ₹150 | null | ₹245.55 | +63.70% | (+0.00%) |
| Gokaldas Exports Ltd. | Mainboard | ₹132.81 Cr | ₹425 | 203.48 | ₹630.45 | +48.34% | ₹836.85 (+0.38%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up exclusive outlets called K–Lounge across India | 34.68 |
| 2 | Setting up of a new manufacturing unit | 32.40 |
| 3 | Furnishing of Corporate Office | 5.00 |
| 4 | General Corporate purposes | 1.27 |
| 5 | Issue expenses | 7.26 |
| Total | 80.60 |
About Kewal Kiran Clothing IPO
Established in January 1992, Kewal Kiran Clothing Ltd. designs, manufactures, brands, and sells ready-made apparel in the men’s segment and other accessories under various brands. The company's brands range from premium high fashion, like ‘Killer’ for denim and ‘Easies’ for casual wear, to middle and economy segments, including ‘Lawman’ and ‘Integriti’. A large portion of apparel is produced at the in-house plants in Dadar, Goregaon, Vapi, and Daman. The distribution includes K-Lounge stores, NCS, and MBO outlets. We aim to expand in India with more exclusive stores and department store chains. The company's product line consists of: Jeans Denim Shirts Cotton Trousers Cotton Shirts Non-Cotton Shirts Non-Cotton Trousers Jackets Knitted T-Shirts and Accessories like bags, belts, caps, etc The company has an in-house design team that predicts trends and creates over 500 designs each season, selecting a few for the new collection. ; The company's products are available across India, including metros and large cities. Over 1,000 retailers, 66 distributors, and its own retail stores, "K–Lounge," distribute its products. They currently have 29 K-Lounge stores, and we are planning to have
Contact Details
Kewal Kiran Clothing Ltd. AddressB-101 to 107, Synthofine EstateBehind Virwani Industrial EstateGoregaon (East)Mumbai, Maharashtra, 400063+91-22-2874-4433ipo@kewalkiran.comVisit Website