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Open
10 Nov 2017
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Close
14 Nov 2017
3
Allotment
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Listing
Wed, Nov 22, 2017
Price Band
₹69 per share
Issue Size
27,48,000 shares (agg. up to ₹19 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, Nov 22, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.63x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 12.44 | 12.04 | 11.25 | 10.50 |
| Total Income | 2.66 | 11.10 | 7.99 | 6.08 |
| Profit After Tax | 0.03 | 0.82 | 0.10 | 0.02 |
| NET Worth | 10.04 | 10.01 | 9.19 | 9.09 |
| Reserves and Surplus | 9.34 | 9.31 | 5.74 | 5.64 |
| Total Borrowing | 0.18 | 0.17 | 0.13 | 0.07 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | usiness Expansion a. Expanding outlets/ distribution of current brand portfolio in India and overseas, b. Acquisitions and development of new brands | 7.72 |
| 2 | arketing and sales promotion of the brands in our portfolio | 5.00 |
| 3 | Strategic Investments for business growth | 1.00 |
| 4 | General Corporate Purpose | 2.84 |
| 5 | Issue expense | 2.40 |
About Sanghvi Brands IPO
Incorporated in 2010, Sanghvi Brands Ltd (SBL) manages and operates Luxury Spa, Beauty, Wellness & Fitness Brands and one of the top largest Spa and Wellness Operator in India with license rights to operate various premium international brands including Spa by Clarins, Spa by L’Occitane, Elle Spas & Salons, Warren Tricomi Salon & Spa, Levo, Rosanno Ferretti, TAOS Salon, Ramona Braganza’s 3-2-1 Fitness programme.They also holds sole distributorship of Noveau Lashes for the territory of India to promote market and sell these products. They currently operates 19 Spa/Salons across the globe and another 9 Salons/Spa are under development. It has partnered with The Ritz Carlton San Fransisco, JW Marriot Mussoorie, Raichak Hotel in Kolkata, Khyber Resorts in Himalayas, Jammu & Kashmir, realty developers Lodha, IREO, K Raheja Corp etc.+ Read More
Contact Details
Sanghvi Brands Ltd. AddressSanghvi House105/2Shivaji NagarPune, Maharashtra, 411005020730533084Investor@sanghvibrands.comVisit Website