Incorporated in the year 1992 Bang Overseas Limited is presently providing fashion fabrics and meeting ready to wear requirements of our customers in apparel, textile and retail segment. Bang Overseas Limited started business from trading in textile and since 1998, Bang Overseas Limited conceptualising and designing fashion fabrics and outsourcing the manufacturing process of the same from countries like Turkey, Portugal, Mauritius and other European Countries. In the same year, Bang Overseas Limited launched our seasonal fabric collections in textile under the name "Bodywaves", marketed through its own distribution channel to different brands and retailers.
Bang Overseas Limited started ready-to-wear mens segment in 2000 by outsourcing manufacturing process with our experience in designing fabrics and in turn selling to various international brands. Bang Overseas Limited launched ready-to-wear mens garnments under its brand name 'Thomas Scott' in 2002. Bang Overseas Limited started its own first apparels manufacturing unit in Bangalore in the year 2005 in the name of Reunion Clothing Company with an installed capacity of 350,000 pieces per annum and in the year 2006 Bang Overseas Limited started its second manufacturing unit in the name of Formal Clothing Company with an installed capacity of 360,000 pieces per annum. Bang products are presently retailed through 155 point of sales comprises of its own retail outlets, Large format stores (LFS) like Shoppers' Stop, Pyramid, Globus, SAGA and Multi Brand Outlets (MBO) spread all over India. Bang cater to the demand of various other apparel manufacturer and brands also.
Objects of the issue :
o Setting up retail outlets across India and brand building.
o Setting up a new apparel manufacturing unit.
o Warehousing and Logistic facilities.
o For general corporate purposes.
Bang Overseas Limited started ready-to-wear mens segment in 2000 by outsourcing manufacturing process with our experience in designing fabrics and in turn selling to various international brands. Bang Overseas Limited launched ready-to-wear mens garnments under its brand name 'Thomas Scott' in 2002. Bang Overseas Limited started its own first apparels manufacturing unit in Bangalore in the year 2005 in the name of Reunion Clothing Company with an installed capacity of 350,000 pieces per annum and in the year 2006 Bang Overseas Limited started its second manufacturing unit in the name of Formal Clothing Company with an installed capacity of 360,000 pieces per annum. Bang products are presently retailed through 155 point of sales comprises of its own retail outlets, Large format stores (LFS) like Shoppers' Stop, Pyramid, Globus, SAGA and Multi Brand Outlets (MBO) spread all over India. Bang cater to the demand of various other apparel manufacturer and brands also.
Objects of the issue :
o Setting up retail outlets across India and brand building.
o Setting up a new apparel manufacturing unit.
o Warehousing and Logistic facilities.
o For general corporate purposes.
- Open - 28 Jan
- Close - 31 Jan
- Issue Type -100% Book Building Issue
- Issue Size - 3,500,000 Equity Shares Of Face Value Rs.10 Each
- Issue Price - Rs 200/- to Rs 207/- Per Equity Share
- Maximum Subscription Amount for Retail Investor: Rs 100,000/-
- Listing - BSE, NSE
- Lead Manager- Almondz Global Securities Limited (Formerly Allianz Securities Limited)
- Registrar - Karvy Computershare Private Limited
- Phone - 040 2343 1553
- Email - bang.ipo@karvy.com
- Website - www.karvy.com
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