IPO Centre     30-Jul-18
IPO News
TCNS Clothing sees poor debut
Shares of TCNS Clothing Co. settled at Rs 657.80 on BSE, a discount of 8.13% over the issue price of Rs 716 on its debut on the bourses today, 30 July 2018.

The stock listed at Rs 715 on the BSE, a discount of 0.13% from the issue price of Rs 716. The stock had hit a high of Rs 724.50 and low of Rs 626.60 during the day. 13.31 lakh shares were traded on the counter on the BSE.

The initial public offer (IPO) of TCNS Clothing Co. received bids for 5.79 crore shares as against 1.09 crore shares on offer, as per the National Stock Exchange of India (NSE) website data. The issue was subscribed 5.27 times. The issue opened for subscription on 18 July 2018 and closed on 20 July 2018. The price band for the issue was fixed at Rs 714 to Rs 716 per share.

TCNS Clothing Co. reported profit after tax (PAT) of Rs 98.10 crore on net sales of Rs 838.49 crore in the year ended March 2018.

TCNS Clothing Co. is India's leading women's branded apparel company. The company designs, markets, and retails a wide portfolio of women's branded apparel across multiple brands and formats.

Previous News
  TCNS Clothing Co. reports standalone net loss of Rs 5.81 crore in the March 2022 quarter
 ( Results - Announcements 28-May-22   08:03 )
  TCNS Clothing Co. reports standalone net loss of Rs 51.62 crore in the December 2023 quarter
 ( Results - Announcements 03-Feb-24   07:32 )
  TCNS Clothing Company to discuss results
 ( Corporate News - 08-Aug-22   10:41 )
  TCNS Clothing Co. standalone net profit rises 48.45% in the December 2019 quarter
 ( Results - Announcements 07-Feb-20   08:45 )
  Volumes spurt at Torrent Power Ltd counter
 ( Hot Pursuit - 15-Feb-23   14:30 )
  TCNS Clothing Co. allots 50,000 equity shares under ESOP
 ( Corporate News - 21-Jul-23   16:05 )
  TCNS Clothing Co. reports standalone net loss of Rs 27.59 crore in the September 2020 quarter
 ( Results - Announcements 11-Nov-20   08:12 )
  TCNS Clothing Company AGM scheduled
 ( Corporate News - 29-Aug-20   14:25 )
  Volumes soar at Bandhan Bank Ltd counter
 ( Hot Pursuit - 08-Apr-22   11:00 )
  TCNS Clothing Co. receives reaffirmation in credit rating from CRISIL
 ( Corporate News - 27-Jul-20   15:50 )
  TCNS Clothing Co. reports standalone net loss of Rs 63.60 crore in the March 2024 quarter
 ( Results - Announcements 16-May-24   15:08 )
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