Wednesday, November 26, 2014

Upcoming IPO - Monte Carlo Fashions Ltd

Monte Carlo Fashions Ltd is entering in the capital markets with an initial public offering, IPO of 5,433,016 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 630/- at lower level and Rs 645/- at upper level.

Monte Carlo Fashions Limited is the leading apparel brand in India; especially famous for exclusive woolen brand 'Monte Carlo'. Company cater to the premium and mid-premium branded apparel segment for men, women and kids, offering a comprehensive line of woolen, cotton and cotton-blended knitted and woven apparel and home furnishings through our 'Monte Carlo Exclusive Brand Outlets' and multi brand outlets, including a network of national chain stores under the 'Monte Carlo' brand.

The issue opens on Dec 03, 2014 and closes for subscription on Dec 05, 2014. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).