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IPO Synopsis

Shine Fashions (India) Ltd
Registered Office: Office No.605 6th Flr Marathon,Chamber PK Road Mulund West , Mumbai - 400080 , Maharashtra , India.
Phone : 91-022-25939522   Fax:
Email :  
Website :
Public issue of 3,99,000 equity shares of face value of (Rs)10.00/- each ("equity shares") of Shine Fashions (India) Limited ("The company" or The "issuer") for cash at a price of (Rs)40.00/- per equity share, including a premuim of (Rs)30.00/- per equity share (the "issue price"), aggregating (Rs)1.60 crores ("the issue"), of which 21,000 equity shares of face value of (Rs)10.00/- for cash at a price of (Rs)40.00/- each aggregating (Rs)0.08 crores will be reserved for subscription by market Maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 3,78,000 equity shares of face value of (Rs)10.00 each for cash at a price of (Rs)40.00/- per equity share, aggregating to (Rs)1.51 crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 28.52% and 27.02%, respectively of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
22-Oct-20 26-Oct-20 (Rs)40.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  (Rs Cr) Lead Managers to the Issue
Project Cost 1.60 Shreni Shares Pvt Ltd
Project Financed through Current Offer 1.60  
Post Issue Equity Share Capital 1.40  
Issue Price (Rs)40.00  
To meet working capital requirementsGeneral corporate purpose
Promoted By
Anish Anil Mehta  
Anil Zaverchand Mehta  
Listing At
Registrar to the Issue
Cameo Corporate Services Ltd 

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