Business description – Active Clothing is an integrated apparel manufacturer with comprehensive capability to design and manufacture high quality readymade garments at competitive prices. The company produces various kinds of garments in various styles across three categories which include flat knit sweaters, outwear jackets, circular knit t-shirts, sweatshirts, joggers for both men, women, kids and babywear. The company has an annual total capacity 12,58,810 pieces of sweaters, 242,190 pieces of jackets and 7,80,000 T -Shirts and Sweatshirts. The total production area in the company is 230,000 sq. ft. For producing high quality products, the company is supported by sophisticated technology and framework.
The company’s key customer base of includes Levi Strauss (India) Pvt. Ltd., U.S Polo, Arrow, Izod, United Colours of Benetton, Numero Uno, Basics, Aero staple, Elle, Iconic, Pepe Jeans, Impulse buying house among others. The Company is also a distributor for international brands such as Levis, Celios, Arvind owned licensee brands Ed Hardy, Flying Machine.
Promoters of Active Clothing – Mr Rajesh Mehra, Rajesh Mehra (HUF) And Mrs Renu Mehra
| Active Clothing IPO details | |
| Subscription Dates | 12 – 16 March 2018 |
| IPO Price band | INR65 per share |
| Fresh issue | 4,086,000 shares (INR26.56 crore) |
| Offer for sale | Nil |
| Total IPO size | 4,086,000 shares (INR26.56 crore) |
| Minimum bid (lot size) | 2,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
Use of funds
- Incremental Working Capital Requirement – INR23.56 crore
- General Corporate Expenses – INR1.50 crore
- Issue Expenses – INR1.50 crore
| Active Clothing’s financial performance (in INR crore) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | 9M FY2018 | |
| Total revenue | 80.6 | 103.1 | 110.7 | 112.1 | 120.0 | 99.1 |
| Expenses | 78.4 | 101.0 | 108.5 | 109.9 | 117.8 | 96.6 |
| Profit after tax | 1.4 | 1.4 | 1.5 | 1.5 | 1.9 | 1.9 |
Active Clothing’s Contact Details
Active Clothing Co Limited
Plot no. E-225, Phase VIII B
Industrial Area, Focal Point
Mohali, Punjab – 160 055
Phone: +91 172 4313 300
Email: [email protected]
Website: www.activesourcing.org
Active Clothing IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.16 |
| Day 2 | 0.25 |
| Day 3 | 0.43 |
| Day 4 | 0.93 |
| Day 5 | 1.15 |
Active Clothing Valuation (Latest FY)
Earnings Per Share (EPS): INR1.62
Price/Earnings (P/E) ratio: 40.12
Return on Net Worth (RONW): 6.29%
Net Asset Value (NAV): INR25.81 per share
Registrar of Active Clothing IPO
Bigshare Services Private LimitedÂ
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072
Phone:Â +91 22Â 4043 0200Â
Fax:Â +91 22Â 2847Â 5201
Email:Â [email protected]
Website:Â www.bigshareonline.com
Active Clothing IPO Allotment Status
Active Clothing IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Listing performance of Active Clothing
IPO Opening Date: 12 March 2018
IPO Closing Date: 16 March 2018
Listing Date: 26 March 2018
Listing Price on BSE SME: INR64.95 per share (down 0.07% from IPO price)
Closing Price on BSE SME: INR65.65 per share (up 1% from IPO price)
