Norspin International Ltd.
SMEBSETBA
TBA
1 Shares
TBA
₹10
Financial Summary
| Particulars | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 10,064.84 | 6,070.89 | |
| 0.37 | 24.08 | |
| 10,065.21 | 6,094.97 | |
| 8,240.39 | 5,405.26 | |
| 1,436.93 | 551.29 | |
| 1,058.3 | 387.92 |
Subscription Details
IPO Timeline
IPO Offer Start
TBA
IPO Offer Ends
TBA
TBA
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Capital expenditure towards purchase of new equipment/machineries for installation our Manufacturing | 50.502 |
| 2 | Capital expenditure towards interior work and for setting up new Exclusive brand outlets (“EBOs”). | 26.586 |
| 3 | Funding Working Capital Requirement | 400 |
| 4 | Repayment/prepayment of certain borrowings availed by our Company. | 31.615 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
84.37%
Promoter stake
About the Company
Our Company is engaged in the business of manufacturing, designing, branding and retailing of readymade apparel offering diverse range of men’s and women’s fashion. Our product portfolio includes top-wear, bottom-wear, and accessories that caters to both Men and Women, including every-day wear, casual wear, and work wear. The Company is predominantly more focused on the Men’s wear segment and as such, the revenue from this category comprises around 90% of the Income from operations of the Company.
Use of Proceeds
1. Capital expenditure towards purchase of new equipment/machineries for installation at our New Manufacturing Unit of the Company located at Gurugram, Haryana.2. Capital expenditure towards interior work and for setting up new Exclusive brand outlets (“EBOs”).3. Funding Working Capital Requirement.4. Repayment/prepayment of certain borrowings availed by our Company.5. General Corporate Expenses
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