Super Fine Knitters IPO

 

Super Fine Knitters IPO

Super fine Knitters Logo

Super Fine Knitters Ltd (SFKL) is a multi-divisional textile unit engaged in the business of manufacturing knitted apparels for itself as well as for national and international brands and is a well-known supplier of knitted fabrics for large companies in India involved in manufacturing and exporting knitted apparels.

SFKL started operations in 1998 as a fabric knitting unit and is now a well-known supplier of knitted fabrics and apparels to national and international brands. Its range of apparels covers all the age groups and segments such as for men’s wear, women’s wear, kids’ wear, boys & girls wear. SFKL uses variety of knitted fabrics such as 100% cotton to cotton lycra, 100% polyester, blended (cotton and polyester), mercerized to plain, washed to over dyed and other blended fabrics in the production of apparels. Super Fine Knitters sells all its products under the ‘Super Star’ brand.

Promoters of Super Fine Knitters – Ajit Kumar Lakra, Gita Lakra, Vivek Lakra And Ajit Kumar Lakra (HUF)

Super Fine Knitters IPO details

Subscription Dates 18 – 24 January 2017
IPO Price  INR12 per share
Number of shares 3,400,000 shares
Total IPO size INR4.08 crore
Minimum bid (lot size) 10,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME

 

Super Fine Knitters’ financial performance (in INR lakh)

FY2012 FY2013 FY2014 FY2015 FY2016
Total revenue 6,951.8 6,774.3 7,115.0 7,626.9 8,490.9
Total expenses 6,881.7 6,695.9 7,044.7 7,542.7 8,394.9
Profit after tax 41.6 57.8 48.7 54.1 64.3

Cameo Corporate Services Limited 
Subramanian Building, No. 1 Club House Road,
Chennai – 600 002
Tamil Nadu, India

Phone: +91 44 2846 0390
Fax: +91 44 2846 0129
Email:
[email protected]
Website: http://cameoindia.com

Super Fine Knitters Limited
269, Industrial Area A
Ludhiana 141003

Phone: +91 161 468 9900
Email: [email protected]
Website: www.superfineknitters.com

Super Fine Knitters IPO allotment status is now available on Cameo Corporate Services website. Click on this link to get allotment status.

IPO Opening Date: 18 January 2017

IPO Closing Date:  24 January 2017

Listing Date: 2 February 2017

Listing Price on BSE:  INR12.6 per share (5% profit over IPO price)

Closing Price on BSE: INR12.6 per share (5% profit over IPO price)

2 COMMENTS

  1. I never thought I’ll invest in sme ipo but these have given good returns. I applied in super fine knitters also so let’s see how it goes…

LEAVE A REPLY

Please enter your comment!
Please enter your name here