S.P. Apparels Limited IPO
S.P. Apparels Limited was a mainboard IPO in the Garments & Apparels sector, offered at ₹258–₹268 per share to raise ₹239 crore. The issue was subscribed 2.66× overall (QIBs 2.21×, NIIs 5.1×, retail 1.9×). It listed on 12 Aug 2016 at ₹275 and closed its first day at ₹289, a listing gain of +7.7% versus the ₹268 issue price. It now trades around ₹813 (+203.5% versus the issue price).
Frequently asked questions
- How many times was the S.P. Apparels Limited IPO subscribed?
- The S.P. Apparels Limited IPO was subscribed 2.66× overall — 2.21× in the QIB category, 5.1× among non-institutional investors, 1.9× in retail.
- What were the S.P. Apparels Limited IPO listing gains?
- S.P. Apparels Limited listed on 12 Aug 2016 at ₹275, closing its first day at ₹289 — a listing gain of +7.7% versus the ₹268 issue price.
- What were the retail allotment odds for the S.P. Apparels Limited IPO?
- Retail was subscribed 1.9×, so a single-lot application had roughly a 52.6% chance of allotment (about 1 in 2), and allotment was finalised on 8 Aug 2016.
- What was the price band and lot size of the S.P. Apparels Limited IPO?
- The price band was ₹258–₹268 per share, with a minimum lot of 55 shares (₹14,740 at the upper band).
- Who were the registrar and lead manager for the S.P. Apparels Limited IPO?
- Link Intime India Private Limited was the registrar to the issue.