About the Company:
Shine Fashions is primarily engaged in importing, supplying and trading of non -woven interlining fabrics, woven fusible interlinings and microdot fusible interlinings.
Company sources the products from reliable manufacturers of the market. The interlinings produced are in different sizes, to cater diverse customers specifications.
Company is offering high grade quality and fine finish products to our customers.
Company’s products are used in various industries and companies for their fine finish.
Company’s Product Portfolio:
- HOT WEB ADHESIVE.
- WOVEN STRETCH INTERLINING.
- CAP INTERLINING.
- TRICOT.
- NON -WOVEN INTERLINING.
- COTTON FUSIBLE INTERLINING.
- TRAFETTA.
Management Team:
- Mr. Anish Anil Mehta (Designation: Managing Director)
- Mr. Anil Zaverchand Mehta (Designation: Non-Executive Director)
Financials of the Company:
| (in Crores) | Upto 31st Dec 2019 |
|---|---|
| Revenue | 5.11 |
| Net Profit | 0.42 |
Valuation of Peer Group Companies:
| Company Name | Face Value | EPS | PE Ratio | RoNW | NAV |
|---|---|---|---|---|---|
| Shine Fashions Ltd | 10 | 4.23 | 9.45 | 12.81% | 32.96 |
| Trident Texofab Ltd | 10 | 3.16 | 25 | 11.59% | — |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 22nd October 2020 |
| Issue Closes on:. | 26th October 2020 |
| Issue Price | Rs.40 |
| Face Value | Rs.10 |
| Minimum Lot | 3000 |
| Minimum Investment | Rs.1,20,000 |
| Issue Constitutes | 28.57% |
| Issue Size | Rs.1.6 cr |
| Market Cap | Rs.5.6 cr |
| Listing at | BSE SME |
| Equity Shares Offered (Fresh) | 4,00,000 |
| Equity Shares Prior to the Issue | 10,00,000 |
| Equity Shares after the issue | 14,00,000 |
IPO Valuation Parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
|---|---|---|---|
| 4.23 | 9.45 | 12.81% | 32.96 |
| Company Contact Info: |
|---|
| Shine Fashions Ltd Office no. 605, 6th floor, Marathon Chamber, P.K Road, Panch Rasta, Mulund West Mumbai -400080, Maharashtra Telephone: 022-2593 9522 Email: info@amfabrics.in Website: www.amfabrics.in |
| IPO Registrar Info: |
|---|
| CAMEO CORPORATE SERVICES LTD Submaramanian Building, 1 Club House Road, Chennai 600 002. Tel No.: +91-44-40020700 Fax No.: +91-44-2846 0129 E-mail : cameo@cameoindia.com; Website: www.cameoindia.com |
| Lead Manager to the Issue: |
|---|
| SHRENI SHARES PRIVATE LIMITED Office No. 102, 1st Floor, Sea Lord CHS, Plot No. 1/B, 1/A, Survey No. A-12, Ram Nagar, Borivali (West), Mumbai- 400092. Tel: +91 22 28088456 Email: shrenishares@gmail.com Website: www.shreni.in |
