Lorenzini Apparels Limited IPO
Lorenzini Apparels Limited is engaged into the business of manufacturing, designing and marketing of readymade garments. Lorenzini Apparels offers diverse range of formal, semi-formal and casual wear for men and casual wear for women under the brand name ‘Monteil & Munero’, ‘Monteil’ and ‘Calgari’.
Company has its own manufacturing setup at Delhi. The manufacturing process includes cutting, stitching, sewing, finishing, inspection and packing. Company also outsources some of the manufacturing.
Lorenzini Apparels sells its products through retail shops and online. Company sells its products through 18 exclusive stores/oulets located in Delhi, Haryana and Uttar Pradesh.
Lorenzini Apparels also have supply agreement with some of the e-commerce platform including Myntra, Limeroad, Flipkart, Jabong, Amazon, paytm etc. Company also have franchise model to sell products.
Objects of the Lorenzini Apparels Limited IPO:
Lorenzini Apparels Limited IPO Details:
| Open Date: | Jan 31 2018 |
| Close Date: | Feb 06 2018 |
| Total Shares: | 4,470,000 |
| Face Value: | ₹ 10 Per Equity Share |
| Issue Type: | Fixed Price Issue IPO |
| Issue Size: | 4.47 Cr. |
| Lot Size: | 10000 Shares |
| Issue Price: | ₹ 10 Per Equity Share |
| Listing At: | BSE SME |
| Listing Date: | Feb 15 2018 |
Promoters And Management:
Financials of Lorenzini Apparels Limited IPO:
| Particulars | For the year/period ended (in Rs. million) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 139.51 | 51.31 | 55.68 | 41.69 | 64.19 | |
| Total Revenue | 164.49 | 121.08 | 141.64 | 115.97 | 131.61 | |
| Profit After Tax | 1.48 | -0.30 | 0.55 | 1.19 | -0.47 | |
Lead Manager of Lorenzini Apparels Limited IPO:
Registrar of Lorenzini Apparels Limited IPO:
Company Address:
Discussion on Lorenzini Apparels Limited IPO:
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