Bang Overseas (BO02) IPO Opens on : 28-Jan-2008 200-207Rs
Bang Overseas Ltd IPO Information
Issue Terms
Issue price / Floor Price (Rs) 200-207
Application per share (Rs) N.A.
Minimum investment amount (Rs) N.A.
Issue Date and Size
Issue opens 28-Jan-08
Issue closes 31-Jan-08
Listing on BSE, NSE
Issue size (Rs cr) N.A.
Mkt cap at issue price (Rs cr) N.A.
Offered Shares :
Total shares offered 35.00
Of above, offered to public 34.00
Post-issue shares N.A.
Post-issue promoters’ holding(%) N.A.
Equity Shares offered: 3,500,000 Equity Shares
Employees Reservation Portion* 100,000 Equity Shares
Net Issue to Public 3,400,000 Equity Shares
QIB Portion including Mutual Funds At least 1,700,000 Equity Shares constituting 50% of the Net Issue to the Public (Allocation on proportionate basis) out of which 5% i.e. 85,000 Equity Shares will be available for allocation to Mutual Funds and the remaining QIB portion will be available for allocation to QIBs, including Mutual Funds. If at least 50% of the Net Issue cannot be allotted to QIBs, then the entire application money will be refunded.
Bang Overseas Limited, a public limited company incorporated under the “the Company” or “Our Company” Companies Act, 1956 having its registered office at Masjid Manor, IInd Floor, 16, Homi Modi Street, Fort, Mumbai - 400 023, INDIA.
Bang Overseas Ltd is one of the leading manufacturers and exporters of men’s wear. Headquartered in Mumbai, our fast growing company was established in the year 1992. Since then we have engaged ourselves in apparel, textile and retail market. We have always focused on the men’s wear section but however we also deal in providing rare services like concept development, designing, manufacturing to logistic and marketing
All our products are made from superior quality fabrics & are ranged very competitively. We have rigorous quality norms for our products and services, hence we have always been able to meet international standards. Our company has built two fully equipped and modern apparels manufacturing units in Bangalore. These units have been made with state of art machinery that helps us to manufacture flawless clothing for men. These two modern manufacturing units are named as Reunion Clothing Company and Formal Clothing Company.
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