Khadim India Limited IPO

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Khadim India Limited is Kolkata based second largest footwear retailer in India. Company operates exclusive retail stores under the ‘Khadims’ brand with major presence in East India. Khadim India operates through two business verticals, retail and distribution.
The retail business operates through its exclusive retail stores catering to middle and upper middle income consumers in large cities. Company has over 829 ‘Khadims’ branded exclusive retail stores. Out of this, 167 are company owned and operated stores and remaining are franchisee operated stores. Company’s retail business constitutes over 70% of its net revenue. Over 85% of products sold through its retail stores are manufactured by outsourced vendors.
The distribution business operates through a wide network of distributors catering to lower and middle income consumers. Company have a network of 357 distributors. The distribution business constituted over 20% of its net revenue. A large portion products sold through distributors are manufactured by the company at its own manufacturing facilities and through contract manufacturing facilities. Company have two owned manufacturing facilities and two outsourced manufacturing facilities.
Key Strengths
1. 2nd largest footwear retailer in India.
2. Offers affordable fashion across various price segments.
3. Retail and distribution business model.
4. Asset light model leading to higher operating leverage.
5. Strong presence in East and South India.

Khadim India Limited IPO Stock Quote & Charts

730.25

-0.65%

  • Open: 730.35
  • High - Low: 740.00 - 722.25
  • Previous Close: 735.05
  • Total Traded Volume: 4260
  • Updated On: 24-Sep-2018

Objects of the Khadim India Limited IPO:

Objectives of

Khadim India Limited IPO

are: 1. Prepayment or scheduled repayment of all or a portion of term loans and working capital facilities availed by the Company 2. General corporate purposes.

Khadim India Limited IPO Details:

Open Date: Nov 02 2017
Close Date: Nov 06 2017
Total Shares: 7,240,759
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Built Issue IPO
Issue Size: 543.06 Cr.
Lot Size: 20 Shares
Issue Price: ₹ 745-750 Per Equity Share
Listing At: NSE,BSE
Listing Date: Nov 14 2017

Promoters And Management:

Knightsville Private Limited is the holding company of Khadim India Limited and is currently not engaged in any other business. Siddhartha Roy Burman Tanusree Roy Burman are the directors of Knightsville Private Limited.

Financials of Khadim India Limited IPO:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. million)
31-Mar-17 31-Mar-16 31-Mar-15
Total Assets 4098.00 3522.98 3456.04
Total Revenue 6255.47 5388.30 4657.04
Profit After Tax 307.56 252.44 (186.57)

Recommendation on Khadim India Limited IPO:

Review and Recommendation of

Khadim India Limited IPO

from our side is: Apply

Lead Manager of Khadim India Limited IPO:

  1. Axis Capital Limited
  2. IDFC Bank Limited

Registrar of Khadim India Limited IPO:

  1. Link Intime India Private Limited

Company Address:

Khadim India Limited Kankaria Estate, 5th Floor, 6, Little Russell Street, Kolkata 700 071 Phone: +91 33 4009 0501 Fax: +91 33 4009 0500 Email: compliance@khadims.com Website: www.khadims.com

25th Sep 2018 - 27th Sep 2018 => Aavas Financiers IPO

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