IPO Details

Monarch Apparels India Ltd
Registered Office: C-41 3rd Floor Royal Inds Esta,5-B Naigaum Cross Road Wadala,Mumbai-400066, Maharashtra
Tel. No: 91-22-24120902
Fax No: 91-22-24125400
Email: ipo@monarchapparels.com
Website: www.monarchapparels.com
Public issue of 45,50,000 equity shares of Rs. 10/- each of Monarch (Apparels) India Limited for cash at a price of Rs. 11/- per equity share (including a share premium of Re. 1 per equity share) aggregating to Rs. 5.01 crores ("issue") of which 2,50,000 equity shares of Rs. 10/- each shall be reserved for subsrciption by market makers to the issue ("the market makers reservation portion"). The issue less the market maker reservation portion i.e. Issue of 43,00,000 equity shares of Rs. 10/- each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 28.83% and 27.25%, respectively of the post-issue paid-up equity share capital of our company. The face value of the equity shares is Rs. 10 per equity share and the issue price is 1.1 times the face value.

	Issue	Money Payable On
Opens On	Closes On	Application	Allotment
01-Jan-1970	01-Jan-1970	₹11.00 - 0.00	₹0.00 - 0.00

Minimum Application for shares in Nos : 10000	Further Multiples of : 10000

	(₹ Cr)	Lead Managers to the Issue
Project Cost	4.34	BCB Brokerage Pvt Ltd
Project Financed through Current Offer	5.01
Post Issue Equity Share Capital	15.78
Issue Price	11.00

Projects
Long Term Working Capital Requirements
General Corporate Purposes

Promoted By
Nirmal Parmar
Sharmila Parmar

Listing At
BSE - SME

Registrar To The Issue
Bigshare Services Pvt Ltd