243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Durgadevi Raiment Limited

Kolkata

Date of DRHP : 27 Sep 2024

Issue Type : Fixed Price Issue

IPO Type :
SME IPO

Durgadevi Raiment Basic Details

   Textiles - Fabrics

Sub Sector: manufacturing of kids apparels and garments and trading of yarn.

Exchange:
BSE Emerge

About the Company

Durgadevi Raiment is engaged into the manufacturing of kids apparels and garments and trading of yarn. The products manufactured by us are mainly sold to one of leading online platform for kid’s garments. As a contract manufacturer specializing in kids’ apparel, their business focuses on producing high-quality garments based on client specifications. Their production is guided by the designs and technical specifications provided by their clients, ensuring that the final products meet their exact needs and standards. They manufacture kids garments for both boys and girls. Their main products include kids’ t-shirts, polo shirts, leggings, night suits, lowers, long pants, frocks, jump suits baba-suits, girls top etc. Their manufacturing facilities are equipped with the technology and machinery necessary to produce high-quality children’s apparel. This includes everything from fabric cutting and sewing to finishing and quality inspection. Their production volumes are aligned with the online platform’s needs, which may vary based on seasonal demand, promotional events, or new product launches. Currently, they have 2 garments manufacturing unit and one printing unit. They have installed capacity to produce, 3,25,000 pcs garments per month. However, the capacity may vary depending upon the production schedule, complexity of designs etc. Durgadevi Raiment procure yarn from their suppliers and get the grey fabric done out of the same. The fabric is then dyed and processed for the designs as approved by our customers. Durgadevi Raiment have their own internal design team to design the fabric as per the clients’ requirements. The presence of strong raw materials base in terms of cotton and polyester fibres and large fabric manufacturing capacities in the Country have given a thrust to garmenting sector.

Financial Summary (Annualised Basis)

Revenue :
25.79 Cr.

PAT :
0.78 Cr.

Durgadevi Raiment IPO Lead Manager(s)

Inventure Merchant Banker Services Private Limited

Durgadevi Raiment IPO Registrar

Purva Sharegistry (India) Private Limited

Durgadevi Raiment DRHP Details

Objects of issue

  • Funding additional Working capital requirements
  • Acquisition of Factory Premises on Lease Basis
  • General Corporate Purposes

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FAQs

Durgadevi Raiment operates in Textiles - Fabrics and manufacturing of kids apparels and garments and trading of yarn.. The Issue would be listed on SME. The registrar of the Issue is Purva Sharegistry (India) Private Limited. The IPO type of Durgadevi Raiment is Fixed Price Issue and Object of issue is

  • Funding additional Working capital requirements
  • Acquisition of Factory Premises on Lease Basis
  • General Corporate Purposes

The DRHP (Draft Red Herring Prospectus) of Durgadevi Raiment IPO was filed on 27 Sep 2024.

No, Durgadevi Raiment IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Durgadevi Raiment are not available now. You can apply in Durgadevi Raiment IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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