Advanced Enzyme Technologies Ltd IPO Message Board (Page 23)

when allotment of advanced enzyme ipo?

Septa ji
A new company from your neighborhood.
ReListed in june 2016.
business : logistics + natural rubber + coffee.
" ASPINWALL "
Pls share your thoughts.

Porinju Veliyath bought this at 176 on listing day or a day after,,,

This is a company promoted by Britishers and post Independence it was handed over to the Maharajah of erstwhile Travancore . So, a royal parentage all along !!! but no idea why the price is highly fluctuating, maybe somebody manipulating !!

price band is 258-268......

S P APPARELS IPO WITH FRESH ISSUE 215 CR | UPCOMING IPO

S P apparels is a top manufacturer and exporter of knitted garments for infants and children in India. These are manufactured at their integrated facilities that allow them to provide end-to-end garment manufacturing services from greige fabric to finished products. They also manufacture and retail menswear garments in India under the brand ‘Crocodile’.

The global apparel market is estimated to be of US$ 1,350 billion in 2014 and is expected to grow at a CAGR of 4.6% between 2014 and 2019. Europe and the United States are the biggest apparel markets with sizes of US$ 425 billion and US$ 305 billion respectively in 2014. Menswear and women wear contribute 83% to the total global apparel market while children wear contributes 17%. The children’s wear market is expected to grow faster (CAGR of 5.6%) than the overall apparel market (CAGR of 4.6%) between 2014 and 2019.

Company’s export business for knitted garments for infants and children constitutes a significant portion of their business. 86.13%, 84.62% and 79.84% of their total revenues for the Fiscal Years 2016, 2015 and 2014, respectively, were generated by their business of export of knitted garments products for infants and children (including duty drawback and other export incentives).

On a consolidated basis, they generated total revenues of Rs 537.75Cr, Rs 479.23Cr and Rs 452.07Cr for the Fiscal Years 2016, 2015 and 2014, respectively. They have posted a net profit of Rs 34.71Cr, Rs 10.04Cr and Rs 6.67 Cr for the Fiscal Years 2016, 2015 and 2014, respectively.

Offer Open: 2nd August, 2016 – 4th August, 2016

Issue Size: 215 Cr (Fresh Issue)

Offer for Sale: 9, 00,000 Equity Shares

Retail Allocation: 35% of the offer

Objects of the Offer:

Offer for Sale
Company will not receive any proceeds from the Offer for Sale and the proceeds from the Offer for Sale will not form part of the Net Proceeds. The Selling Shareholder will be entitled to the proceeds of the Offer for Sale after deducting their proportionate share of the Offer related expenses.
Fresh Issue
Repayment or prepayment of debt incurred by their Company;
Expansion and modernization of their manufacturing facility at Valapady, Salem, Tamil Nadu;
Addition of balancing machinery for their existing dyeing unit at SIPCOT, Perundurai;
Opening of new stores for the sale of ‘Crocodile’ products; and
General corporate purposes.
Strength:

They have a key customer base with reputed international brands.
They are one of the leading manufacturers for export of knitted garments for infants and children in India.
They have strong in-house design, testing, fitment and quality inspection facilities.
They have an experienced management team led by their Promoters and key management personnel.
Company’s 79.25% of total revenue in Fiscal 2016 was earned from customers outside India and denominated in foreign currency in their business of knitted garments for infants and children. While a large portion of the expenses are paid in Indian Rupees, their revenues are mostly in foreign currencies, predominantly in British Pound Sterling and U.S.Dollar.

The Company plan to enhance and aggressively develop their existing ‘Crocodile’ brand in India. By focusing further resources, including management time and effort, distribution and sales network, opening new company owned and operated stores and other retail outlets and brand management on developing the ‘Crocodile’ brand.

S P APPARELS IPO PRICE BAND?

Eagleye mam advance ka allotment kab he ?& latest gmp pls

IDBI Bank m mera amount Block Ho gya

bahot bahot badhai

Congrats..apko allotment ho gaya..

Advance enzyme ka shares kitne pr listing ho skta h ?

pls tell me

thanks

Admin Can you create a new page for SP apparels IPO ?

lalaRam you will get Confirmation for your ipo dont worry

Abhi mere account m advance IPO ka amount block nhi huwa
kya mere ko allotment nhi milega mene Monday morning ko bank m rupay jma krwaye the

koi to btawo

thanks

It should get blocked by today.

U can check your application no. status on nse and bse sites.

It should get blocked by today.

U can check your application no. status on nse and bse sites.

Money blocked in HDFC Bank...........

Money Blocked in ICICI Bank

i have hdfc bank a/c but amt does''t block till today

Money blocked in HDFC Bank.........

What is Grey Premium of Advance Enzymes ?

it will list around 50% premium like quess...

AET GMP 345 - 350

GMP for Dilip Buildcon???

EE , Equitas is testing your ist resistance level 193-195 , Good work. Any new updates ?

How can moderator publish GMP, as we all know there is nothing official about it, it varies from place to place & person to person.
Of course, officially available data can be published, as per many suggestions.

IDBI BANK MA ADVANCED ENZ NA IPO RUPES BLOCK HO GAYA

That''s why forum witness fools paradise

yes your best friend ?????

when will the allotment be made?

never

Dear Investor;
Why we dealing so much on this forum, I seen people writing message in midnight at 2.0 AM, and when allotment some people even not sleep for competition of sending who first. People are lead to serious mental illness such as schizophrenia or bipolar disorder.
Please keep in kind weather you are checking at night or day, allotment will be done on basis of PAN and sure if you are lucky enough you definitely get allotted and will receive sms or email. Please remember hereafter all good IPO will be subscription more than 8 to 10 times so chances of allotment will be nil. So keep in mind this hard heart truth.
I seen on this forum asking when allotment? What GMP? When is listing? Several time.
Moderator if you reading this you need to add this information on front page of IPO common information such as 1. Listing Date 2. Allotment status 3. GMP etc., so un-necessary thread are eliminated.
Between application finish date to allotment status keep silent and prepare or decide strategy how to deal with different scenario rather than replying this stupid question, when ????????. People tend to more enthustics and stupidity will grow day by day if you are replying such questions.
This is my suggestion and if you agree please write to Moderator for putting some common information on ipo front page of information.

exactly Right sampat kumar ji

You are absolutely correct
anyways what is the latest gmp?