Image source: TCNS Clothing website
TCNS Clothing Co Ltd.
Delhi based TCNS Clothing, established in 1997 is into designing, manufacturing and retaining of branded women's wear in India and overseas. It sell its products through 418 exclusive brand outlets, 1305 large format stores, 1361 multi-brand outlets located in 29 states and two union territories in India. Also it has presence in Nepal, Mauritius, Srilanka. Company currently operates under three brands -
i) W - premium fusion wear brand sold across 528 exclusive brand outlets, 676 large format stores in 148 cities in India and five outlets outside India
ii) Aurelia - it is contemporary ethnic wear brand sold across 159 exclusive brand outlets and 629 large format stores in 149 cities in India and one outlet outside IndiaIndia
iii) Wishful - it is premium occasion wear brand catering to women's apparels requirements for evening wear and occasions such as weddings, events and festivals. Launched first exclusive outlet in Sep'17
Website: www.tcnsclothing.com, www.wforwoman.com
Management:
• Onkar Singh Pasricha, Promoter, Chairman & ED
• Arvind Singh Pasricha, Promoter
• Anant Kumar Data, MD
• Venkatesh Tarakkad, CFO
IPO Snapshot:
Dates: 18-Jul-2018 to 20-Jul-2018
Face Value: Rs2/share
Price Band: Rs714 - Rs716/share
Discount: NIL
Bid lot: 20 shares and multiples
Mode of Payment: ASBA (Mandatory)
Listing: NSE & BSE
Issue Size: Rs11,251.3mn
QIB: 50% of the issue
NIB: 15% of the issue
Retail: 35% of the issue
Lead Manager: Kotak Mahindra Capital, Citigroup Global Markets (I) Pvt. Ltd
Registrar: Karvy Computershare Pvt. Ltd.
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