Incorporated in 2000, Cantabil Retail India Ltd is in the business of designing, manufacturing, branding and retailing of apparels under the brand names of "CANTABIL" and "La FANSO". They have a network of 381 exclusive retail outlets spread across India.
The "CANTABIL" brand with 206 exclusive retail outlets offers the complete range of formalwear, party-wear, casuals & ultracasual clothing for Men, Women and Kids in the middle to high income group. The "La FANSO" brand caters to men's segment in lower to middle income group and focuses on casual, ultra casual and formal wear. They also retail various accessories like ties, belts, socks, caps and handkerchief under their brands.
They have 3 in-house manufacturing / finishing units and 4 warehouses located in Delhi. They also have 3 third party dedicated units manufacturing. Cantabil Retail's stores are situated at Delhi, Mumbai, Calcutta, Bangalore, Hyderabad, Pune, Jaipur, Ahemdabad, Vadodra, Lucknow, Kanpur, Patna, Ranchi, Dehradun, Meerut, Ludhiana, Jalandhar, Udaipur, Agra, Ghaziabad and Gurgaon etc.
Company Promoters:
The Promoters of the company are:1. Mr. Vijay Bansal, aged 51 years is a Chairman and Managing Director of the company.
2. Mr. Deepak Bansal, aged 26 years is a Whole time Director of the company.
Company Financials:
| Particulars | For the year/period ended (Rs. in Millions) | |||||
| 31-Mar-09 | 31-Mar-08 | 31-Mar-07 | 31-Mar-06 | 31-Mar-05 | ||
| Total Income | 1,601.48 | 900.51 | 503.96 | 240.78 | 104.76 | |
| Profit After Tax (PAT) | 62.13 | 28.63 | 29.39 | 11.80 | 0.74 | |
Objects of the Issue:
The Objects of the Issue are to raise funds for:1. Establishment of new integrated manufacturing facility;
2. Expansion of Exclusive Brand Outlets;
3. Additional Working Capital;
4. Repayment of Debt;
5. General Corporate Purposes;
6. Expenses for the Issue.
Issue Detail:
»» Issue Open: Sep 22, 2010 - Sep 27, 2010
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 7,777,778 Equity Shares of Rs. 10
»» Issue Size: Rs. 105.00 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 127 - Rs. 135 Per Equity Share
»» Market Lot: 50 Shares
»» Minimum Order Quantity: 50 Shares
»» Listing At: BSE, NSE
Cantabil Retail India Ltd IPO Grading / Rating
ICRA has assigned an IPO Grade 2 to Cantabil Retail India Ltd IPO. This means as per ICRA company has 'Below Average Fundamentals'. ICRA assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the ICRA IPO Grading Document for Cantabil Retail India Ltd.
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Cantabil Retail India Ltd IPO Tags:
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