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Libas Designs IPO is a fixed price issue of Rs 13.60 crores.
Libas Designs IPO bidding started from December 27, 2016 and ended on December 30, 2016. The shares got listed on NSE SME on January 9, 2017.
Libas Designs IPO price is ₹68 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹136,000.
Sarthi Capital Advisors Private Limited is the book running lead manager of the Libas Designs IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Libas Designs IPO RHP for detailed information.
| IPO Date | December 27, 2016 to December 30, 2016 |
| Listing Date | January 9, 2017 |
| Face Value | ₹10 per share |
| Price | ₹68 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 2,000,000 shares (aggregating up to ₹13.60 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 5,500,000 |
| Share holding post issue | 7,500,000 |
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹136,000 |
| Retail (Max) | 1 | 2000 | ₹136,000 |
| Lot Size Calculator | |||
Incorporated in 2004, Libas Designs Limited engaged in the process of fabrication of fabric into garments in India. It offers sherwanis, suits, jackets, shirts, pants, and Indo Western products for men; sarees, suits, lehengas, gowns, and anarkalis for women; accessories comprising jewelries, belts, mojaris, cufflinks, and saffa; and jute bags, such as carry, gifts, bottle, lunch, and grocery bags. The company markets its products under the LIBAS RIYAZ GANGJI brand.
They have tie ups with major ecommerce players portals such as www.jabong.com, www.paytm.com, www.indianroots.com and have its own portal in the name of www.libasfashion.com. They has tie up with more than 80 Indian & international designers and have inventory of more than 500 Designer wear to choose. Currently, they have 8 stores either own or on franchisee basis.
The objects of the Issue are:
1. To set up 4 new stores;
2. To meet the working capital requirements of the Company including margin money;
3. General Corporate Purposes;
4. Issue Expenses.
[Dilip Davda] Only risk aver cash surplus investors may consider long term parking. Read detail review...
| Listing Date | January 9, 2017 |
| BSE Script Code | |
| NSE Symbol | LIBAS |
| ISIN | INE908V01012 |
| Final Issue Price | ₹68 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹68.00 |
| ₹78.25 |
| ₹61.00 |
| ₹81.50 |
| ₹71.40 |
Libas Designs Limited
Gala No. 55,
Plot No. 246, Masrani Lane,
Kurla (W), Mumbai
Phone: +919594092800
Email: info@libas.co.in
Website: http://www.libasfashion.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: Ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
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Libas Designs IPO is a SME IPO of 2,000,000 equity shares of the face value of ₹10 aggregating up to ₹13.60 Crores. The issue is priced at ₹68 per share. The minimum order quantity is 2000 Shares.
The IPO opens on December 27, 2016, and closes on December 30, 2016.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Libas Designs IPO opens on December 27, 2016 and closes on December 30, 2016.
Libas Designs IPO lot size is 2000 Shares, and the minimum amount required is ₹136,000.
You can apply in Libas Designs IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Libas Designs IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Libas Designs IPO allotment status.
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