Lorenzini Apparels SME IPO Details

Lorenzini Apparels ltd was established in 2007, Lorenzini Apparels Limited is engaged into the business of manufacturing, designing and marketing of readymade garments. Lorenzini Apparels offers diverse range of formal, semi-formal and casual wear for men and casual wear for women under the brand name 'Monteil & Munero', 'Monteil' and 'Calgari'. 

Company has its own manufacturing setup at Delhi. The manufacturing process includes cutting, stitching, sewing, finishing, inspection and packing. Company also outsources some of the manufacturing. 

Lorenzini Apparels sells its products through retail shops and online. Company sells its products through 18 exclusive stores/oulets located in Delhi, Haryana and Uttar Pradesh.

Lorenzini Apparels also have supply agreement with some of the e-commerce platform including Myntra, Limeroad, Flipkart, Jabong, Amazon, paytm etc. Company also have franchise model to sell products. Company has 62 employees including 2 management personnel, 10 Skilled, 40 semi skilled and 12 unskilled employees.

Lorenzini Apparels IPO Details
Issue Open	31-01-2018
Issue Close	06-02-2018
Allotment Date	12-02-2018
Unblocked Amount	13-02-2018
Listing Date	15-02-2018
Issue Share	44,70,000 Total Equity Share 2,30,000 Reserved by Market Maker
Issue Size	₹ 4.47 Cr
IPO Price Band	₹ 10
Minimum Investment Amount [Rs]	₹ 1,00,000
Minimum Share Bid	10000
Face Value	₹ 10
Retail Allocation	50%
Listing On	BSE SME
Premium [Per Share]	NA
Average Earning Per Share	NA
Expected Listing Gain	-

Lorenzini Apparels IPO Financial details [in Rs, Cr]
Financial Year	Total Revenue	Total Expenses	Profit After Tax
FY-2013	13.16	13.13	-0.05
FY-2014	11.60	11.48	0.12
FY-2015	14.16	14.12	0.05
FY-2016	12.11	12.16	0.03
FY-2017	16.45	16.23	0.15
H1-FY-2018	6.63	6.25	0.28

Lorenzini Apparels IPO Subscription Details
As on Date	QIB/NII	RII	Total
Shared Offred	21,20,000	21,20,000	42,40,000
Day-1 [31-01-2018]	2,30,000 [0.11]	5,00,000 [0.24]	7,30,000 [1.17]
Day-2 [01-02-2018]	5,10,000 [0.24]	10,10,000 [0.48]	15,20,000 [0.36]
Day-3 [02-02-2018]	25,50,000 [1.20]	19,50,000 [0.92]	45,00,000[1.07]
Day-4 [05-02-2018]	27,10,000 [1.28]	28,90,000 [1.36]	56,00,000 [1.32]
Day-5 [06-02-2018]	30,20,000 [1.42]	42,50,000 [2.00]	72,70,000 [1.71]

Lorenzini Apparels IPO Valuation Details
Earnings Per Share [EPS]	₹ 3.28
Price/Earnings [P/E] Ratio	3.05
Return on Net Worth [RoNW]	4.85 %
Net Asset Value [NAV]	₹ 13.34

Lorenzini Apparels IPO Contact Details
Lorenzini Apparels Limited TA 168 & 187 Ground Floor  Street No 2, Tuglakabad Extn New Delhi-110019 Phone: +91 011-4050 4731 Email: cs@mymonteil.com Website: www.mymonteil.com

Registrar of Lorenzini Apparels IPO
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED 4A9, Gundecha Onclave, Kherani Road, Sakinaka, Mumbai 400 072, Maharashtra, India. Tel No.: 022 28511022 / 62215779 Fax No.: N.A E-mail: virenr@skylinerta.com Website: www.skylinerta.com Contact Person: Virendra Rana / Subhash Dhingreja SEBI Registration No.: INR000003241 Investor Grievance E-mail: grievances@skylinerta.com

Lead Managers of Lorenzini Apparels IPO
FEDEX SECURITIES LIMITED 305, Enterprise Centre, Nehru Road, Vile Parle (East), Mumbai 400099, Maharashtra, India Tel No.: 022 26117553 / 26178936 Fax No.: 022 2618 6966 E-mail: mb@fedsec.in Website: www.fedsec.in Contact Person: Rinkesh Saraiya SEBI Registration Number: INM000010163 Investor Grievance E-mail: mb@fedsec.in

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Lorenzini Apparels IPO Recommendations
Live IPO Team Recommendation:- Neutral