Momai Apparels news and archive

Momai Apparels IPO oversubscribed 1.84 times

Momai Apparels’s Rs 43.33 crores IPO, which was launched between September 25 to 30, 2014 was oversubscribed by1.84 times. It was the biggest SME IPO for NSE Emerge Listing. The company’s shares were listed on NSE SME window on October 16, 2014. A grand listing ceremony organized at the National Stock Exchange (NSE), which was presided over by...

Apparel

Momai Apparels files for IPO through NSE Emerge

With an aim to launch the largest IPO in the small and medium enterprises (SME) space, Momai Apparels is launching an IPO. The stockswill be listed on NSE Emerge and the IPO would be to the tune of Rs 41 crores. Momai Apparels is a subsidiary of Ashapura Intimates Fashion. The issue, in the price band of Rs 78-90, will be open for subscription...