Exchanges
BSE, NSE
Industry
Garments & Apparels
Issue
Book building

TCNS Clothing Co. IPO

₹659.15

−7.94% on listing

Listing-day close · NSE · 30 Jul 2018 · issue price ₹716

TCNS Clothing Co.’s ₹1,125 crore IPO was priced at ₹716 a share. It listed on the NSE on 30 Jul 2018 and closed its first day at ₹659.15, down 7.94% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹1,125 Cr
Fresh issue
—
Offer for sale
₹1,125 Cr
Lot size
20 shares
Minimum investment
₹14,320
Face value
₹2
Registrar
Kfin Technologies

Subscription

TCNS Clothing Co. IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—3.96×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹4,390 Cr
Promoter holding
43.68% → 32.42%

From the offer documents.

Listing

Listing date
30 Jul 2018
Issue price
₹716
Open
₹716.00
High
₹725.00
Low
₹627.55
Close
₹659.15

Listing day on the NSE. The close was −7.94% on the issue price.

FAQs

When did the TCNS Clothing Co. IPO open and close?

It opened on 18 Jul 2018 and closed on 20 Jul 2018.

What was the TCNS Clothing Co. IPO price?

The price band was ₹714–716 a share. The final issue price was ₹716.

What is the lot size and minimum investment?

One lot is 20 shares, ₹14,320 at ₹716 a share. Retail investors apply in whole lots.

How much did TCNS Clothing Co. raise?

₹1,125 crore: ₹1,125 crore offered by existing shareholders.

How many times was the TCNS Clothing Co. IPO subscribed?

3.96 times overall.

How did TCNS Clothing Co. list?

It listed on the NSE on 30 Jul 2018 at ₹716.00 and closed the day at ₹659.15, down 7.94% on the ₹716 issue price.

Who is the registrar of the TCNS Clothing Co. IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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