Incorporated in 1992, Bang Overseas Limited presently providing fashion fabrics and meeting ready to wear requirements of our customers in apparel, textile and retail segment.
They are conceptualising and designing fashion fabrics and outsourcing the manufacturing process of the same from countries like Turkey, Portugal, Mauritius and other European Countries. They have centralised warehousing and logistic centre at Kalher Village near Bhiwandi to facilitate their supply chain management.
Bang Overseas Ltd have ten retail outlets located at Mumbai, Rajkot, Surat, Gurgaon, Pune, Bangalore (3 stores), Kolkata, and Ahmedabad which are established under the brand name “Thomas Scott” retail outlet. Their products are presently retailed through 155 point of sales comprises of their own retail outlets, Large format stores (LFS) like Shoppers’ Stop, Pyramid, Globus, SAGA and Multi Brand Outlets (MBO) spread all over India.
Objects of the Issue:
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
Setting up retail outlets across India and brand building;
Setting up a new apparel manufacturing unit;
Warehousing and Logistic facilities;
General Corporate Purposes;
Bang Overseas Limited IPO Information
»» Public Issue Open: January 28, 2008 to January 31, 2008
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 3,500,000 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs. 200/- to Rs. 207/- Per Equity Share
»» Market Lot: 30 Shares
»» Minimum Order Quantity: 30 Shares
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing: BSE, NSE
»» Lead Manager: Almondz Global Securities Ltd
»» Registrar : Karvy Computershare Private Limited (Ph: +91-40-2343 1553 Email: bang.ipo@karvy.com)
Bang Overseas Limited IPO Listing Info
IPO Listing Date: Wednesday, February 20, 2008
BSE Script Code: 532946
NSE Symbol: BANG
Listing in: B1 Group of securities
ISIN: INE863I01016
Issue Price : Rs 207/- Per Equity Share
Face Value: Rs 10/- Per Equity Share
Contact Info
Regitered Office :
Bang Overseas Limited,
Masjid Manor, IInd Floor,
16 Homi Modi Street, Fort, Mumbai- 400 023
Phone: +91-22-2204 3496
Fax: +91-22-2281 0379
Email: ipo@banggroup.com
Website: http://www.banggroup.com
