Libas Designs IPO, Review, IPO Performance by IPOPlatform India

About Libas Designs

Company Information

Libas Designs is engaged in the process of fabrication of fabric into garments and other products through customisation, where customers can choose the colours, fabrics and designs and make changes as per their need. They at LIBAS RIYAZ GANGJI implement the traditional bespoke process with a modern-day approach. Right from the initial stage that involves the client preferences to constructing the most desirable outfit, they ensure complete satisfaction to their client. Apart from retail sales, they also undertake wholesale business where they provide their designs to other labels. they also give complete solutions to corporates regarding their dressing needs and designing. The Company markets its product under the brand name of LIBAS RIYAZ GANGJI and it is a well-established fashion designer brand name in Mumbai.

Object of Issue

To set up new stores
To meet the working capital requirements of the Company including margin money
General Corporate Purposes
Issue Expenses

Libas Designs SME IPO Details (at the time of IPO)

IPO Type :

Fixed Price

IPO Date :

Jan, 2017

IPO Size :

13.60 Cr.

PE Multiple :

48.00

Merchant Banker :
Sarthi Capital Advisors Private Limited

IPO Registrar:
Bigshare Services Private Limited

Anchor Investors:

FAQs

1. What is Libas Designs IPO?

Libas Designs operates in Textiles and Process Of Fabrication Of Fabric Into Apparels And Other Products Through Customization Where Customers Can Choose The Colours Fabrics And Designs And Make Changes As Per Their Need. The Issue is listed on NSE EMERGE in Jan, 2017. Libas Designs IPO size was 13.60 Cr. with Issue price of 68.00 .

2. Who is the merchant banker of Libas Designs IPO?

Merchant Banker(s) of Libas Designs IPO: Sarthi Capital Advisors Private Limited

3. How many times Libas Designs IPO was subscribed?

Libas Designs IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of Libas Designs IPO?

Libas Designs IPO listed at a listing price of 71.40 against the offer price of 68.00.

5. What is the current market price of Libas Designs IPO?

The current market price of Libas Designs is 15.69.