Shine Fashions (India) Ltd IPO

Closed

Subscription Details

  • Open Date 22 Oct
  • Close Date 26 Oct
  • Lot Size 3000
  • IPO Size ₹ 1.6 Cr
  • IPO Price Range ₹ 40
  • Min Investment ₹ 120000

Shine Fashions (India) Ltd IPO Timeline

Open Date
22 Oct
Close Date
26 Oct
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 3,99,000 equity shares of face value of Rs. 10.00/- each (equity shares) of Shine Fashions (India) Limited (The company or The issuer) for cash at a price of Rs. 40.00/- per equity share, including a premuim of Rs. 30.00/- per equity share (the issue price), aggregating Rs. 1.60 crores (the issue), of which 21,000 equity shares of face value of Rs. 10.00/- for cash at a price of Rs. 40.00/- each aggregating Rs. 0.08 crores will be reserved for subscription by market Maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 3,78,000 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 40.00/- per equity share, aggregating to Rs. 1.51 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 28.52% and 27.02%, respectively of the post issue paid up equity share capital of the company.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Shine Fashions (India) Ltd IPO

Contact Information

Address

Office No.605 6th Flr Marathon,
Chamber PK Road Mulund West,
Mumbai, Maharashtra 400080

Shine Fashions (India) Ltd IPO Lead Manager

Shreni Shares Pvt Ltd
Open Demat Account