Lorenzini Apparels Limited IPO

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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.

Lorenzini Apparels Limited IPO Stock Quote & Charts

5.04

+20.00%

  • Open: 4.20
  • High - Low: 5.04 - 4.20
  • Previous Close: 4.20
  • Total Traded Volume: 30000
  • Updated On: 14-Nov-2018

Objects of the Lorenzini Apparels Limited IPO:

The objects of the Issue are: 1. working capital requirements 2. Issue Expenses

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:

Deepika Jain

Financials of Lorenzini Apparels 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 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:

  1. Fedex Securities Limited

Registrar of Lorenzini Apparels Limited IPO:

  1. Skyline Financial Services Private Ltd

Company Address:

Lorenzini Apparels Limited TA 168 & 187 Ground Floor, Street No. 2, Tuglakabad Extn, New Delhi 110019 Phone: 011 40504731 Email: cs@mymonteil.com Website: www.mymonteil.com

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