IPO Dates

Important dates with respect to IPO allotment and listing

IPO Open Date

To be announced

About Company

BIBA IPO constitutes fresh issue of equity shares amounting to Rs.90 Crores and about an offer for sale of 2.7 Cr equity shares. The company was established in 1986 as a home-grown label and today it is a market leader in women's ethnic wear.

BIBA is a leading brand in women ethnic wear. The brand offers high-quality products across segments like salwar kameez dupattas, mix-n-match wear, ready-to-stitch wear, kidswear, bottom-wear and accessories. BIBA’s product mix has evolved over 154 SKUs. 

Their products are available through a pan-India multichannel distribution network that BIBA has built over the years comprising exclusive brand outlets (“EBOs”), large format stores (“LFSs”) and multi-brand outlets (“MBOs”), as well as online channels comprising of own websites and other online marketplaces like NYKAA, Flipkart, Lifestyle, etc.,

BIBA IPO Objectives: 

Here are few quick reasons on why BIBA is going public 

  1. The proceeds from the sale of shares through BIBA IPO will be used in clearing the debts
  2. The funds will be utilised for brand building and other strategic growth initiatives

Why should you invest in the BIBA IPO? 

Below are your top 2 reasons:

  1. As per the technopark Feb 2022 report, BIBA has the highest online brand recall
  2. The gross profit margin has been consistently higher than 58% for last 3 years

IPO Financials

Particulars FY21 FY20 FY19
Revenue From Operation 4,498.16 3,018.06 2,011.80
EBITDA 1,161.32 737.31 496.04
EBITDA Margin (%) 25.59% 24.27% 24.40%
Profit After Tax 711.19 399.56 233.35
EPS 7.36 4.24 2.48
ROE 40.79% 51.04% 60.54%

Know before investing

Strengths

3

A strong offline and digital presence across multi brand store outlets, large format stores and online marketplaces

A robust screening and selection process for all new design samples which involves data analytics

International presence in countries like Nepal, Canada and UAE

Risks

3

BIBAs business is heavily concentrated in women’s apparels - the brand is always subjected to a risk of shift in customer preferences

A pandemic like COVID can disrupt the revenue and eventually cash flows

If BIBA is unable to identify customer demand accurately, the cash flows and operations will be adversely impacted

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

Peer Comparison

Name of the company Face value (₹ per share) Total Income (in ₹ million) NAV (₹ per share) RoNW (%)
TCNS Clothing Company Limited 2.00 6,845.25 99.47 9.21%
Trent Limited 1.00 27,945.60 65.07 6.32%
Go Fashion (India) Limited 10.00 2,822.53 94.31 1.25%
Vedant Fashions Limited 1.00 1,010.00 44.03 12.18%
Aditya Birla Fashion and Retail Ltd 10.00 53,223.20 28.20 25.44%

What is Biba IPO?

BIBA IPO constitutes fresh issue of equity shares amounting to Rs.70 Crores and about an offer for sale of 2.7 Cr equity shares.

When will Biba IPO allotment be available?

Details not available.

What will be Biba IPO lot size?

Details not available.

When will Biba IPO open for subscription?

Details not available.

What minimum lot size can retail investors subscribe to?

The minimum investment size is one lot for retail investors.

When will Biba list on the exchanges?

It takes around ten working days from the last day of subscription to complete the listing process.

How to check the allotment status of Biba IPO?

The existing Angel One customers can check their IPO allotment status in their customer accounts.

Keep your application number, DP id, and PAN number handy while checking allotment status.

What would be the listing gains on Biba IPO?

Listing gain indicates the difference between the IPO’s opening and offer prices.

The listing gain is a result of investors’ interest, global parameters, and short and long-term outlooks.

I have finished the application process for Biba IPO, but the funds are not yet debited. What is the reason?

The bank will initially block the fund when you bid for the IPO. It will then debit the amount when shares are allotted to you or unblock the amount upon the UPI mandate expiration.

Can I alter my bid for Biba IPO after confirming its final application?

You can change the price or the lot size of your bid using the changing/revising form available with the application. But it could be a challenge to complete the process within the time given.

Can I submit more than one application for the public issue of Biba using one PAN?

No. Only one application at a time is allowed against one PAN card.

Who is the owner of Biba?

Meena Bindra is the founder of Biba.