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Open
26 Jul 2007
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Close
31 Jul 2007
3
Allotment
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Listing
Tue, Aug 21, 2007
Price Band
₹80 to ₹90
Issue Size
41,38,410 shares (agg. up to ₹37 Cr)
Lot Size
75 Shares
Listing Date
Tue, Aug 21, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.21x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Jagjanani Textiles Ltd. | Mainboard | ₹20.25 Cr | ₹25 | null | ₹23.15 | -7.40% | ₹4.15 (+0.48%) |
| Mudra Lifestyle Ltd. | Mainboard | ₹86.22 Cr | ₹90 | null | ₹63.95 | -28.94% | ₹12.90 (+3.12%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To part fund the expansion project; | 184.57 |
| 2 | To meet the working capital requirements. | 3.15 |
About SEL Manufacturing IPO
SEL Manufacturing Company Limited (part of R. S. Saluja Group) is a Ludhiana based textile company involve in manufacturing and exporting cotton yarn, combed yarn, knitted fabrics and knitted garments. SEL's production facilities are located in Ludhiana in Punjab and Baddi in Himachal Pradesh.SEL's products include T-shirts, Polo shirt, Sweat shirt, Boxer shorts, Girls top etc which they make in bulk quantities. SEL make 30-35 thousand garments daily. SEL's majority garments are exported to Russia and U.A.E.For FY 2006, SEL's net revenues and PAT were Rs. 11,849.89 lacs and Rs. 1,488.87 lacs respectively as compared to net revenues and PAT, of Rs. 5,974.43 lacs and 3,14.51 lacs respectively for FY 2005. SEL's consolidated net revenues and PAT for FY 2006 were at Rs.14, 251.24 lacs and Rs.1, 361.70 lacs respectively.+ Read More
Contact Details
SEL Manufacturing Co.Ltd. AddressSEL Manufacturing Company Limited706, Industrial Area ALudhiana, Punjab, 141010+91 161 5033 003ipo@rssalujagroup.comVisit Website