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Open
22 Oct 2020
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Close
26 Oct 2020
3
Allotment
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Listing
Mon, Nov 2, 2020
Price Band
₹40 per share
Issue Size
3,99,000 shares (agg. up to ₹2 Cr)
Lot Size
3,000 Shares
Listing Date
Mon, Nov 2, 2020
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.57x |
Restated Financials (₹ Cr.)
| Period Ended | 31 May 2020 | 31 Mar 2020 |
|---|---|---|
| Assets | 5.37 | 4.24 |
| Total Income | 0.02 | 7.96 |
| Profit After Tax | -0.03 | 0.34 |
| NET Worth | 3.19 | 3.33 |
| Reserves and Surplus | 2.30 | 2.33 |
| Total Borrowing | 0.00 | 0.00 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Vaxtex Cotfab Ltd. | SME | ₹3.83 Cr | ₹24 | null | ₹24.80 | +3.33% | ₹1.18 (-4.84%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet Working Capital requirements | 1.00 |
| 2 | General Corporate Purpose | 0.20 |
| 3 | To meet the Issue Expenses | 0.40 |
About Shine Fashions IPO
Incorporated in 2019, Shine Fashions (India) Ltd is one of the leading importers and suppliers of Microdot Fusible Interlinings. The company is primarily engaged in supplying, trading, and importing of non-woven interlining fabrics, woven interlining fabrics, and microdot fusible interlinings. It offers a diversified range of products such as Cap Interlinings, Woven Stretch Interlining, Hot Web Adhesive, Tricot, Cotton Fusible Interlinings, and Trafetta. Business sources products from reliable manufacturers and supply goods in bulk to customers in different sizes to cater to diverse customers' requirements. The company produces the best quality of fabrics, for which, it has various departments at its infrastructure facilities such as testing, quality control, packaging, and others. Competitive strength Experienced promoters and a well-trained employee base. Strong relationship with suppliers. Quality standard and assurance Strong geographical reach + Read More
Contact Details
Shine Fashions (India) Ltd. AddressOffice no.605, 6th floor, Marathon Chamber, P.KPanch RastaMulund WestMumbai, Maharashtra, 400080022-2593 9522shinefashionscs@gmail.comVisit Website