Pommys Garments IPO – Review, Allotment Status, Subscription, Price, Date & more

The Pommys Garments (India) Limited is launching its IPO soon. Pommys garments, a garment company based in Tamil Nadu is all set to float an IPO. Lets have a detailed review of Pommys Garments IPO and an in-depth analysis of the IPO release date, IPO offer price, Pommys Garments IPO subscription, IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters and other related things.

90% Brokerage Discount Offer


Pommys Garments IPO Review & Ratings

Pommys Garments IPO Ratings & Review
CriteriaRatings
Industry Sentiments 6.1/10
Industry Ranking 6.3/10
Company Background6.5/10
Company Reputation6.2/10
Competitive Edge6.3/10
Financial Statements6.4/10
Popularity Index6.5/10
Promoters Reputation6.5/10
Retail Appetite 6.7/10
Top Brokers Review6.0/10
Overall Ratings 6.3/10
Star Ratings★★★☆☆

Summary of Pommys Garments IPO

Pommys Garments IPOPommys Garments (India) Limited is one of those garments manufacturing units that is a very popular name in South India. There are a lot of players in North India for producing branded garments.

But, there are few producers down south who are providing exceptionally good garments that they are maintaining a good customer base. This is one of the many reasons why one should invest in the IPO of this firm. Up to 75,00,000 Equity Shares of `10 each fully paid-up of our Company for cash at a price of `[●] per Equity Share aggregating to `[●] Lakhs.

The promoters of the company are

  • Inico Inbaraj
  • K Raja

Pommys Garments has one Lead manager to the issue Keynote Corporate Services Limited. The registrar to the issue is Cameo Corporate Services Limited.


Subscribe to Pommys Garments IPO

    Fill the Details Below
    1. Subscribe to IPOOpen Demat Account

    Pommys Garments IPO Date

    The opening and the closing date of the Pommys Garments(India) Limited IPO is not known yet.

    Pommys Garments IPO Subscription

     Subscription
    Day 1X
    Day 2 X
    Day 3X
    Day 4 X
    Day 5 X

    The IPO issue date has not been announced yet. Once the IPO date has been issued, the subscription details will be updated regularly.

    Pommys Garments IPO Allotment Status

    Since the issue date has not been fixed yet, the Allotment Status is not out. The Allotment status will be announced about 3-4 weeks of the IPO issue date.

    Pommys Garments IPO Price Band

    The face value of the Equity Shares of our Company is Rs 10/- each and the Issue Price is Rs X the share price.

    Pommys Garments IPO Issue Size

    The exact price of the issue size is not known, though the number of equity shares to be issued is known.

    Pommys Garments IPO Equity Share Offerings

    Up to 75, 00,000 Equity Shares of `10 each fully paid-up of our Company for cash at a price of `[●] per Equity Share aggregating to `[●] Lakhs



    Pommys Garments Limited – Company Overview

    Pommys Garments have very humble beginnings. It was started as a small firm in the town of Rajapalayam in Tamil Nadu with only two tailors. The company specializes in making night garments for women. The excellent quality of the company’s products has fetched it a very good name. The good marketing strategy adopted by the company also speaks for the success of the firm. Apart from having regular dealers who get the garments from Pommys and sell it in their shops, the company itself has its own retail outlets spread all over Tamil Nadu and Pondicherry. The company also specializes in making garments for men and kids apart from their trademark women garments, especially the nighties.

    The key management personnel is the promoters of this company.

    Sr. NoName of the ShareholdersNo. of equity Shares held (Pre Offer)No. of equity Shares held (Post Offer)%age of total equity shareholding (Post Offer)
    1A Inico Inbaraj55,06,62055,06,62022.26
    2K Raja49,70,21049,70,21020.09
    3I.Neelapushpam32,33,78032,33,78013.07
    4R.Shyamala Devi35,26,38035,26,38014.26
    5K Rejina100100
    6Arul Jeganathan100100
    Total1,72,37,1901,72,37,19069.68

    Competitive Strengths of Pommys Garments Limited:

    • Experienced promoters and Management Expertise
    • Quality projects and committed operations
    • Independent Execution capabilities
    • Networking strength

    Business strategies of Pommys Garments Limited:

    • Leveraging Market Skills
    • Long Term Relationship with Clients
    • Achieving Operational Efficiencies
    • Expand Distribution Network & Customer Base
    • Brand Building
    • Expand the Business in new location

    Pommys Garments – Financial Statements

    A quick look into the past financial performance of the company to understand its performance of business and evaluate the growth prospectus:

    Assets of the Company

    Assets (in INR & Lakhs)

     30-Sep-1731-Mar-1731-Mar-1631-Mar-1531-Mar-1431-Mar-13
    Non-Current Asset3818.483228.321804.951161.77808.14561.99
    Current Assets7605.346,736.593,316.542,316.311,542.531,096.59
    Total Assets10,240.779,023.825,289.764,263.962,519.831,799.48

    Revenue & PAT of the Company

       Revenue and Profit (in lakhs)

    31-Dec-1731-Mar-1731-Mar-1631-Mar-1531-Mar-1431-Mar-13
    Revenue12,619.5115,474.2012,552.898,420.835,777.854,855.58
    Profit After Tax96.42211.0258.978.3561.2529.1

    Earnings per Equity Share (in Lakh)

     31-Dec-1731-Mar-1731-Mar-1631-Mar-1531-Mar-1431-Mar-13
    Basic1.229.5112.2614.598.038.92
    Diluted1.229.5112.2614.598.038.92

    From the above statements, one could find that the garment company has performed well in the past few years.


    Pommys Garments IPO Promoters

    The Promoters of this company are:

    • Inico Inbaraj
    • K Raja

     

    Interest of Promoters in the Promotion of the company

    The promoters have invested in the shares of the company and have held shares of the firm. They are eligible to acquire dividends from the firm. They have also played a vital role in promoting the firm.

    Interest of Promoter in the Property of the company

    The promoter is not interested in the property of the company ever since the company became a public limited concern. Though the promoters are the key management personnel of the company, they do not take single-handed decisions that involve the property of the firm.

    Interest of Promoter in the Intellectual Rights of the company

    He has not shown any interest in acquiring the intellectual rights of the company.


    Pommys Garments IPO Offer Details or Issue Details

    Pommys Garments (India) Limited IPO Offer Details or Issue Details

     Particulars No. Of Equity Shares
     Equity Shares OfferedUp to 75,00,000 Equity Shares of `10 each fully paid-up of our Company for cash at a price of `[●] per Equity Share aggregating to `[●] Lakhs
     Of which:
     Reserved for Market Makers Up to 3,75,000 Equity Shares of `10 each fully paid-up of our Company for cash at a price of `[●] per Equity Share aggregating to `[●] Lakhs
     Net Issue to the Public Up to 71,25,000 Equity Shares of `10 each fully paid-up of our Company for cash at a price of `[●] per Equity Share aggregating to `[●] Lakhs.
     Of which:
     Retail Investors Portion 35,62,500 Equity Shares constituting not less than 50.00 % of the Issue
     Non-Retail Investors Portion35,62,500 Equity Shares constituting not less than 50.00 % of the Issue
     Equity Shares outstanding prior to the Issue1,72,37,290 Equity Shares of `10 each
     Equity Shares outstanding after the Issue2,47,37,290 Equity Shares of `10 each

     


    Pommys Garments IPO Issue Object

    These are the IPO Issue Objects of the company

    • To repay the amount which was borrowed by the company
    • Finance Working Capital requirement of the company
    • To meet the costs incurred for the issue of this IPO
    • To meet the general corporate purpose of the company

    List of Upcoming IPOs in 2018

     TCNS Clothinig IPOIndiaMart IPODevi Seafoods IPO GRM Airports IPO
     Sandhya Marines IPOReliance General Insurance IPOSembCorp Energy IPOAakash Educational IPO

    Pommys Garments IPO – Basis of the Offer Price

    The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors. The face value of each share is Rs 10 and the price band of the IPO is [.] times the price per share.

    Qualitative factors are:

    • The highly experienced promoter and management team
    • Highly experienced design expertise with a great sense for fashion
    • Strong marketing and distribution team
    • Present in major cities and towns across South India
    • Good sourcing capabilities
    • The very good brand value in the state of Tamil Nadu

    The relevant quantitative factors are:

    • Earnings Per Share and Diluted Earnings Per Share, per-issue, for the last three years (as adjusted for changes in capital)
    • Price/Earnings Ratio (P/E) ratio in relation to issue Price of `[●] per Equity Share of `10/- each
    • Return on Net Worth (RONW)
      Minimum Return on Increased Net Worth required to maintain pre-Issue EPS for the year ended March 31, 2017, at the issue price of ` [●] is [●]
    • Net Asset Value (NAV) per Equity Share of our Company
    • Comparison with other listed companies/ Industry Peers

    List of Latest IPOs of 2018

    IRCON International IPO Kalyan Jewellers IPOKPR Agrochem IPOSeven Islands Shipping IPO
     Atria Convergence Technologies IPOLite Bite Foods IPONekkanti Seafoods IPO SREI Equipment Finance IPO

    Pommys Garments IPO Lead Managers

    Lead Managers
    KEYNOTE CORPORATE SERVICES LIMITED

    Pommys Garments IPO Registrar to offer

    Registrar of the Offer
    CAMEO CORPORATE SERVICES LIMITED

    Pommys Garments IPO Review by Top 10 Stock Brokers

    Top Stock Brokers ReviewCompany ReputationCompetitive EdgeFinancial StatementPopularity IndexPromters Reputation
    Angel Broking6.4/106.6/106.0/106.4/106.0/10
    Sharekhan6.2/106.1/106.6/106.1/106.2/10
    Kotak Securities6.3/106.2/106.3/106.4/106.3/10
    ICICI Direct6.3/106.3/106.7/106.1/106.1/10
    IIFL6.2/106.2/106.8/106.0/106.1/10
    Edelweiss6.2/106.3/106.3/106.3/106.2/10
    Zerodha6.3/106.4/106.3/106.3/106.0/10
    5Paisa6.1/106.4/106.3/106.1/106.1/10
    Karvy6.3/106.3/106.2/106.1/106.0/10
    Motilal Oswal6.3/106.4/106.3/106.5/106.4/10

    The ratings would be updated once the financials and the other details of the IPO are released.


    Pommys Garments IPO Grey Market Premium

    The Pommys Garments (India) Limited IPO Grey Market Premium is yet to be announced. It will be updated as soon as the premium rates are announced.


    Calculate your return on investment!



    Asset ClassROI (Rs.)Profit (Rs.)Profit (%)
    IPO
    Equity
    Savings
    Real Estate
    Gold
    Bonds
    Fixed Deposit
    Mutual Fund


    Subscribe to Pommys Garments IPO

      Fill the Details Below
      1. Subscribe to IPOOpen Demat Account

      Pommys Garments IPO News

      News 1 – IPO ISSUES OPEN SOON


      Market Guide

      What is IPO?IPO InvestmentIPO ValuationUpcoming IPOsIPO Review

      Featured Topics

      Anand Rathi vs 5Paisa
      Anand Rathi vs Karvy
      Anand Rathi vs SBI Cap Securities
      Anand Rathi vs Reliance Securities
      Anand Rathi vs SAMCO
      Anand Rathi vs HDFC Securities
      Anand Rathi vs Zerodha
      Anand Rathi vs Upstox
      Anand Rathi vs Axis Direct
      Anand Rathi vs Religare Securities
      Anand Rathi vs Ventura Securities
      Anand Rathi vs Bonanza Portfolio
      Anand Rathi vs IIFL
      Anand Rathi vs Edelweiss
      Anand Rathi vs ICICI Direct
      Anand Rathi vs Angel Broking
      Anand Rathi vs Motilal Oswal
      Anand Rathi vs Kotak Securities
      Anand Rathi vs Sharekhan

       

      Get 100% IPO Allotment Guarantee! Subscribe to IPO
      ×

      Share your details & Become Sub Broker Now!

        1. Become Sub Broker

        Offer valid for limited time.

        ×

        Share your details & Open Demat A/C Now!

          1. Open Demat Account

          Offer valid for limited time.

          ×

          Share your details & Get IPO Allotment Now!

            1. Invest in IPO

            Offer valid for limited time.

            ×

            Share your details & Invest in PMS Now!

              1. Invest in PMS / PCG

              Offer valid for limited time.