Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
SME IPO Status: Listed [22nd Oct 2020 to 26th Oct 2020]
| SME IPO Issue Opening Date: | 22nd Oct 2020 |
| SME IPO Issue Closing Date: | 26th Oct 2020 |
| SME IPO Issue Price: | ₹40 Per Share |
| DRHP: | Download DRHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | BSE SME |
| Retail Quota: | TBD |
| SME IPO Issue Type: | Fixed Price Issue |
| SME IPO Issue Size: | ₹1.59 Cr |
| Face Value: | ₹10 Per Equity Share |
| SME IPO Discount: | NA |
| Promoter Holding Pre IPO: | 99.98% |
| Promoter Holding Post IPO: | |
| BSE Code: | 543244 |
Get important updates regarding Shine Fashions SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | Not Yet Announced |
| Refunds Initiation* | Not Yet Announced |
| Credit of Shares to Demat* | Not Yet Announced |
| SME IPO Listing Date* | 2nd Nov 2020 |
* - Tentative Dates
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹40 |
| Market Lot: | 3000 Shares |
| 1 Lot Amount: | ₹120000 |
| Min HNI Lots: | 6000 shares(2 lots) |
Zerodha Trade@20
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Shine Fashions (India) Ltd SME IPO will be open for subscription on 22th Oct 2020 and closes on 26th Oct 2020. Shine Fashions IPO is a fixed price IPO that is available at Rs. 40 per share and IPO lot size is 3000 shares and multiple of it. The IPO price is 4 times of the face value of share. Scroll down the page further to get Shine Fashions IPO Review including business overview, IPO objective, strength, weakness, company financials, IPO Price and lot, important dates, GMP and much more.
Shine Fashions Ltd, the Mumbai--based company is engaged in importing, trading, and supplying fabric products. Company's product portfolio includes Non-Woven Interlining, Cotton Fusible Interlining, Hot Web Adhesive, Tricot, Cap Interlining, Woven stretch Interlining, and Trafetta. The firm manufactures interlining products in different sizes to meet diversified capital requirements of the business.
The company maintains the high product quality standards through quality control, testing, and safe and tight product packaging. Its infrastructure is well-equipped with modernize equipment and technology to deliver the finest quality of fabric to customers.
| Incorporation | Sector | IPO Issue Size | Website |
| NULL | ₹1.59 Cr | http://www.amfabrics.in/ |
The net proceeds from the Shine Fashions IPO will be used towards the following objectives:
The table below is live update of SME IPO bidding details from NSE and BSE.
| Day | NII | RII | Total | |
|---|---|---|---|---|
| # of Shares Offered | 189,000 (50%) | 189,000 (50%) | 378,000 | |
| 1 | 22nd Oct 2020 18:51 | 0.86x | 0.32x | 0.59x |
| 2 | 23rd Oct 2020 18:52 | 1.52x | 0.81x | 1.17x |
| 3 | 26th Oct 2020 00:01 | 1.52x | 0.81x | 1.17x |
| 4 | 26th Oct 2020 18:51 | 1.83x | 1.63x | 1.73x |
| Shine Fashions IPO Financials | 31-Dec-2019 |
|---|---|
| Total Assets | ₹447.27 Lakh |
| Total Income | ₹511.83 Lakh |
| Net Profit/Loss | ₹42.21 Lakh |
Last Updated on 01-Feb-2021 00:39:23
