TheTCNS Clothing subscription was not good as per the expected the company.. The ipo was closed on 20th July, 2018. TCNS Clothing ipo allotment status here on date 25 July 2018. TCNS Clothing IPO allotment is available on Karvy Computershare’s website:
TCNS Clothing’s IPO has opened for investment. This IPO can be invested till July 20. The company sells the product from W, Aurelia and Wishful brand. The IPO price band is Rs 714-716 per share. Investors can bid for a minimum of 20 equity shares.
The company will sell 1,57,14,038 shares under this issue. The price band for issue issue has been kept from Rs 714 to Rs 716. This IPO will have to bid for at least 20 shares. After this, a bid can be made in a multiplier of 20.
Woman Apparel Maker TCNS Clothing Company’s Initial Public Offer (IPO) is getting sluggish response. TCNS Clothing Company’s open IPO for subscription since 18th July is subscribed to 10% on the first day. The second day was very good as compare to first day. The company is expecting to raise Rs 1,125 crore via IPO.
TCNS Clothing has raised Rs. 337.54 crores by distributing 47,14,210 equity shares to 18 Anchor Investors at a price of Rs 716 per share. Anchor investors include Goldman Sachs India Limited, Auburn Ltd, Fidelity Securities Fund Fidelity Blue Chip Growth Fund, DB International Asia Limited, ICICI Prudential Life Insurance Company Limited and UBS Principal Capital Asia Ltd.
TCNS Clothing IPO Allotment Date: Allotment is Out Today
TCNS Clothing IPO Listing Date: 30 July 2018
TCNS Clothing IPO Basis of Allotment:
Check Allotment Here : Click Here
TCNS Clothing IPO Details
|Subscription Dates||18 July to 20 July-2018|
|Issue Price Band||INR 714 – 716|
|Minimum bid (lot size)||20 Shares|
|Face Value||INR 2 per share|
|IPO Size||INR1,125.13 Cr|
|Issue Type||Book Built Issue IPO|
|Listing At||BSE, NSE|
TCNS Clothing IPO Subscription Status
|Category||Day 1||Day 2||Day 3|
TCNS Clothing IPO Reviews:
- Good for Short Term & Long Term. It is very good reputed company with famous brand which are selling under their products in India and few countries as well..
TCNS Clothing IPO Prospectus:
- Draft Prospectus
- Red Herring Prospectus
TCNS Clothing IPO Lead Manager(s):
- Kotak Mahindra Capital Company Limited
- Citigroup Global Markets India Private Limited
TCNS Clothing IPO Promoters:
- Onkar Singh Pasricha
- Arvinder Singh Pasricha
Company Contact Information:
TCNS CLOTHING CO. LIMITED
Unit No. 112, F/F Rectangle 1
D-4, Saket, District Centre,
New Delhi 110 017, India
Phone: +91 11 4057 8384
Fax: +91 11 4079 3114
Karvy Computershare Private Limited
Email: [email protected]