Shine Fashions (India) Limited

Offer PeriodOct 22, 2020 – Oct 26, 2020

Oct 22, 2020 – Oct 26, 2020

BSE - SMEListed

Listed Price:

—

Price Band₹40 - ₹40

Lot Size3,000 Shares

Allotment DateOct 30, 2020

Listing DateNov 03, 2020

Subscription-

Issue Size₹1.60 Cr

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IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹0
(0.00%)

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Shine Fashions (India) Limited's achieved publicly listed status following its IPO debut on Nov 03, 2020 at the BSE platform. The offering successfully mobilized 3,99,000 Shares, with 3,99,000 Shares allocated to corporate growth initiatives.

Investment participation occurred within the established price band of ₹40 to ₹40, starting from minimum lots of 3000 shares. The subscription window from Oct 22, 2020 through Oct 26, 2020 enabled investor participation across market segments.

Share allocation was completed on Oct 30, 2020, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.

Shine Fashions IPO Details

IPO Date

Oct 22, 2020 to Oct 26, 2020

Allotment Date

Oct 30, 2020

List Date

Nov 03, 2020

Lot Size

3,000 share

Issue Price

₹40 - ₹40

Issue Size

3,99,000 (aggregating up to 1.60 Cr)

Fresh Issue

3,99,000 (aggregating up to 1.60 Cr)

Offer For Sale

Listing At

BSE

Share Holding Pre-Issue

10,00,000

Share Holding Post-Issue

13,99,000

Market Marker Portion

21,000

First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.

Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	3000	1,20,000
HNI	2	6000	2,40,000

IPO Reservation

Shares3,99,000

Market Maker

5.26%(21,000)

HNI

47.37%(1,89,000)

RETAIL

47.37%(1,89,000)

Total

100.00%(3,99,000)

Shine Fashions IPO Key Performance Indicators

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KPI

KPI
No data

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Company Financials (in Lakhs)

Period Ended	Dec-19

Period Ended	Dec-19
Assets	447.27
Revenue	511.83
Net Worth	0
profit After Tax	42.21
Reserves And Surpluse	0
Total Borrowing	0

Shine Fashions IPO About Company

Founded in 2019, Shine Fashions (India) Ltd is a leading importer and supplier of Microdot Fusible Interlinings. The company specializes in trading, importing, and supplying non-woven and woven interlining fabrics, along with microdot fusible interlinings. Its diverse product range includes Cap Interlinings, Woven Stretch Interlining, Hot Web Adhesive, Tricot, Cotton Fusible Interlinings, and Trafetta. Shine Fashions sources products from trusted manufacturers and supplies them in bulk, catering to various customer needs. The company ensures high-quality fabric production with dedicated departments for testing, quality control, and packaging at its infrastructure facilities.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Shine Fashions IPO Strength Factors

Led by experienced promoters with a skilled workforce.
Strong and reliable partnerships with suppliers.
Commitment to high-quality standards and assurance.
Wide geographical presence, ensuring extensive market reach.

⚠️Shine Fashions IPO Risk Factors

🏦Shine Fashions IPO Lead Manager(s)

Shreni Shares Limited

👤Shine Fashions IPO Promoter(s)

🏢Shine Fashions IPO Company Details

Shine Fashions (India) Limited

Email:shinefashionscs@gmail.com

Phone:022-2593 9522

Website:http://www.amfabrics.in/

address:Office no. 605, 6th floor, Marathon Chamber, P.K Panch Rasta, Mulund West Mumbai-400080

📋Shine Fashions IPO Registrar

Cameo Corporate Services Limited

Name:Cameo Corporate Services Limited

Phone:+91-44-28460390

Email:investor@cameoindia.com

Website:https://ipo.cameoindia.com/

❓Shine Fashions IPO FAQs

Shine Fashions IPO is a main-board IPO of 3,99,000 equity shares of the face value of ₹10 per share aggregating up to ₹0.00 crore shares. The issue is priced at ₹40 - ₹40 per share. The minimum order quantity is .The IPO opens on Oct 22, 2020, and closes on Oct 26, 2020. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.

Zerodha customers can apply online in Shine Fashions IPO using UPI as a payment gateway. Zerodha customers can apply in Shine Fashions IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Shine Fashions IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'Shine Fashions IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

The Shine Fashions IPO opens on Oct 22, 2020 and closes on Oct 26, 2020.

You can apply in Shine Fashions IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Shine Fashions IPO will be done on Oct 30, 2020, and the allotted shares will be credited to your demat account by Oct 30, 2020

Shine Fashions IPO's listing date is Nov 03, 2020.

Shine Fashions (India) Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹0(0.00%)

Premium (ELP)

₹0
(0.00%)