Active Clothing IPO: GMP, Price, Dates, Issue Size 

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Active Clothing IPO is set to make its debut on 12th March 18 with 26.56 cr is manufactures and sells readymade garments for men, women, kids, boys, and girls in India.   

Active Clothing IPO – overview 

IPO Dates  12-16 March 18 
IPO Price  INR 65 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  4,086,000 shares (INR 26.56 crore) 
Minimum bid (lot size)  2000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  BSE Emerge 

Company Overview    

 
Incorporated in 2002, Active Clothing Co Limited manufactures and sells readymade garments for men, women, kids, boys, and girls in India. 

They offer sweaters, T-shirts, knitted T-shirts, fashion shirts, designer T-shirts, V-neck T-shirts, round neck T-shirts, printed round neck T-shirts, full knitted polo T-shirts, and knitted bottom wears as well as hooded, sleeveless, designer jackets under the AAGAIN brand name. They also operate a multi brand store for fashion products. 

The Company has a total capacity of 12.58,810 sweaters, 242,190 jackets and 7,80,000 T-Shirts and Sweatshirts. The key customer base of the Company includes Levi Strauss (India) Pvt. Ltd., U.S Polo, Arrow, Izod, United Colours of Benetton, Numero Uno, Basics, Aero staple, Elle, Iconic, Pepe Jeans, Impulse buying house and other reputed international brands. The Company is also a distributor for international brands such as Levis, Celios, Arvind owned licensee brands Ed Hardy, Flying Machine. 

Objects of the Issue 

1 To meet the incremental working capital requirements; 
2. To meet the Issue Expenses. 
3. For general corporate purposes. 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          10998.18 9837.33 8488.43 
Total Revenue          12005.35 11209.3 11067.61 
Profit After Tax          185.59 153.00 154.12 

Company Contact Information 

Active Clothing Co Ltd 
Plot no. E-225, 
Phase VIII B, Industrial Area, 
Focal Point, Mohali, 
Phone: +91-172-4313300 
Email: rmehra@activesourcing.org 
Website: http://www.activesourcing.org 

Active Clothing IPO Registrar 

Bigshare Services Pvt Ltd 
 
Phone: +91-22-6263 8200 
Email: ipo@bigshareonline.com 
Website: https://www.bigshareonline.com/ 

Active Clothing IPO Lead Manager(s) 

  1. Ajcon Global Services Limited (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

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