TCNS Clothing Co. Ltd IPO

IPO Synopsis

Initial public offering of 15,714,038 equity shares of face value of Rs. 2 each (the equity shares) of TCNS clothing Co Limited (the company or the company or the issuer) for cash at a price of Rs. 716 per equity share (the offer price) aggregating to Rs. 1125.13 Crores (the offer) through an offer for sale by Onkar Singh Pasricha, Arvinder Singh Pasricha (together, the promoter selling shareholders), Anant Kumar Daga, Saranpreet pasricha, Angad Pasricha, Vijay Kumar Misra and Amit Chand (collectively, the other selling shareholders) and Wagner Limited (wagner or investor selling shareholder, collectively with the promoter selling shareholders and the other selling shareholders, the selling shareholders and such offer, the offer for sale). The offer constitutes 25.63% of the post-offer paid-up equity share capital of the company. The Face value of the equity shares is Rs. 2 each and The Offer Price is 358 times the face value of the equity shares.