Tcns Clothing IPO:GMP, Issue Size, Issue Price and Important date

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Tcns Clothing IPO is a company engaged in the business of designing, manufacturing, marketing and retailing of branded apparels for women and is all set to make a debut in the stock market with an issue size of 1125.13 Cr.   

Tcns Clothing IPO IPO – Overview    

 Issue Date           18-20 July 2018 
Tcns Clothing IPO Opening Date            18 July 2018 
Tcns Clothing IPO Face Value           INR 2 per share           
Tcns Clothing IPO Price           INR 716 per share          
Tcns Clothing IPO Lot Size           20 Shares          
Issue Size           1125.13 Cr      
Offer for sale  
Issue Type           Book built Issue IPO           
Listing At           BSE, NSE
QIB Shares Offered             13.45 times 
NII (HNI) Shares           5.08 times 
Company Promoters           The Promoters of the Company are Onkar Singh Pasricha and Arvinder Singh Pasricha. The Promoters hold 21,378,245 Equity Shares constituting 37.93% of the Company’s issued, subscribed and paid-up Equity Share capital. 
XELPMOC DESIGN AND TECH IPO

Tentative Dates           

Tcns Clothing IPO opening date           18 July 2018  
Tcns Clothing IPO closing date           20 July 2018  
Basis of Allotment           25 July 2018 
Initiation of Refunds           26 July 2018 
The credit of Shares to Demat          27 July 2018 
Tcns Clothing IPO Listing Date           30 July 2018 

Company Overview    

IT is engaged in the business of designing, manufacturing, marketing and retailing of branded apparels for women. According to Technopak, as of November 2017, it was India’s leading women’s branded apparel company in terms of the total number of exclusive brand outlets. 

IT offers top-wear, bottom-wear, drapes, combo-sets and accessories etc., catering to the varied wardrobe requirements of Indian women. 

Industry Overview    

E-commerce is expected to emerge as an important contributor for the growth of organized retailing of women’s Ethnic apparel on two counts. Firstly, it will act as an enabler for the growth of existing national retail brands and these brands will leverage online retailing as an enabler for growth. Secondly, E-commerce will continue to capture incremental demand away from unorganized retail. 

 Objectives           

  1. Sale of up to 15,714,038 Equity Shares by the Shareholders. 
  2. Boost the visibility and brand image of the company. 
  3. Provide a public market for the shares of the company. 

Financial Statements          

Particulars          31-March-18 31-Mar-17   31-Mar-16 
Total Assets          5,763.59 4,258.04 3,087.843 
Total Revenue          8,491.57 7,129.73 4,881.35 
Profit After Tax          980.97 157.97  414.96 

Strengths          

  1. Strong brands give it a lead in the spacious organized market. 
  2. Pan India multi-channel distribution network gives it access to underpenetrated markets. 
  3. Rich product portfolio with a wide range of design and fits to cater to the changing trends in customers buying behavior. 
  4. Institutionalized and creative product design process allows it to quickly launch new products and refresh its product offerings according to changing preferences of customers. 

Company Contact Information 

TCNS Clothing Co. Limited 
Unit No. 112, F/F Rectangle 1 
D-4, Saket, District Centre, 
New Delhi 110 017, India 
Phone: +91 11 4057 8384 
Email: investors@tcnsclothing.com 
Website: http://www.wforwoman.com/ 

Registrar 

KFin Technologies Limited 
 
Phone: 04067162222, 04079611000 
Email: tcns.ipo@karvy.com 
Website: https://karisma.kfintech.com/ 

Lead Manager(s) 

  1. Citigroup Global Markets India Private Limited (Past IPO Performance) 
  1. Kotak Mahindra Capital Company Limited (Past IPO Performance) 

Lead Manager Reports 

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

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