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Khadim India IPO Prospectus
What Are Analysts Saying?
Khadim India IPO: Subscribe the IPO for long term
Rudra Shares and Stock Brokers, 06 Nov 2017
sset light model, reduction in current Debt, a good set of numbers and large distribution network of the company would further enhance growth and improved margins. On the upper price band of Rs 750 with EPS of Rs 18 for FY17, P/E works out at 41.6x. we recommend to SUBSCRIBE the IPO for long term perspective.
Subscribe to Khadim India IPO for medium to long term perspective
AUM CAPITAL, 03 Nov 2017
The proceeds of the IPO will be used for prepayment or scheduled repayment of all or a portion of term loans and working capital facilities availed by the company and general corporate purposes.
Khadim India IPO: Subscribe to the 2nd largest footwear retailer
Motilal Oswal, 02 Nov 2017
KIL is the 2nd largest footwear retailer with strong brand recall in East India, with increasing presence in Southern and Western India. KIL has delivered strong Revenue /EBITDA / PAT growth of 10% / 11% / 36% in FY13-17.
Khadim India IPO: Should you subscribe?
Way2wealth, 02 Nov 2017
At the offer price band of Rs745-750/- the issue is commands a P/E of ~43.6x its FY17 estimated diluted EPS of ~Rs17.18/-& 2.2x it post issue market cap /sales.
Khadim India IPO: All that you need to know
SPA Securities, 01 Nov 2017
With a large untapped market and increase in segmental demand across the geography, the company has substantial growth prospects through expansion in new and existing geographical locations (in Tier II and Tier III cities),
Issue Details
Open Date: 02 Nov 17
Close Date: 06 Nov 17
Offer Price: Rs. 745
Issue Size: Rs. 545 Cr
Min Application Amount:
Rs. 14900
Min bid (No. of shares): 20
Listing Exchanges: BSE, NSE
About the Company
"Incorporated in 1981, Khadim India Limited is Kolkata based second largest footwear retailer in India. Company operates exclusive retail stores under the 'Khadims' brand with major presence in East India. Khadim India operates through two business verticals, retail and distribution.

The retail business operates through its exclusive retail stores catering to middle and upper middle income consumers in large cities. Company has over 829 'Khadims' branded exclusive retail stores. Out of this, 167 are company owned and operated stores and remaining are franchisee operated stores. Company's retail business constitutes over 70% of its net revenue. Over 85% of products sold through its retail stores are manufactured by outsourced vendors.

The distribution business operates through a wide network of distributors catering to lower and middle income consumers. Company have a network of 357 distributors. The distribution business constituted over 20% of its net revenue. A large portion products sold through distributors are manufactured by the company at its own manufacturing facilities and through contract manufacturing facilities. Company have two owned manufacturing facilities and two outsourced manufacturing facilities."
Objective of the Issue
"Objects of the Issue:


The Offer comprises a Fresh Issue by the Company and an Offer for Sale by the Selling Shareholder.

Offer for Sale
The proceeds of the Offer for Sale shall be received by the Selling Shareholder. Company will not receive any proceeds from the Offer for Sale.

The Offer comprises a Fresh Issue by the Company and an Offer for Sale by the Selling Shareholders.

The Offer for Sale
The Selling Shareholders will recieve the proceeds of the Offer for Sale. Company will not receive any proceeds from this.

The Fresh Issue
The Net Proceeds from the Fresh Issue are proposed to be utilised towards the following objects:
1. Prepayment or scheduled repayment of all or a portion of term loans and working capital facilities availed by the Company; and
2. General corporate purposes."
Subscription Details
Investor Category No of times
Qualified Institutional Investor -
Non Institutional Investor -
Retail Investor -
Total -