BIBA Fashion IPO GMP Details

Biba Fashion, backed by Warburg Pincus and Faering Capital, stands as one of the leading lifestyle brands in the women’s Indian wear market in India, holding a significant market share. The flagship brand, BIBA, was launched in 1986.

The company is actively involved in developing, designing, sourcing, marketing, and selling an extensive range of Indian wear for women and girls under various brands, catering to diverse Indian wear requirements. Additionally, Biba Fashion offers a diverse product range, including jewelry, footwear, wallets, and fragrances.

Initially, the company primarily focused on the Indian market but has been gradually expanding its global presence. Presently, Biba Fashion has established its footprint in Canada, Nepal, and the UAE, and it plans to further extend its reach to the USA and Australia by the end of the first quarter of FY23.

Biba Fashion also excels in its online presence, operating through its own websites and leveraging third-party marketplaces such as Myntra, Amazon, Flipkart, Nykaa, and Tata Cliq. Its digital-oriented business model gives the company a competitive advantage over its peers. On the physical front, Biba Fashion boasts an extensive network of outlets, including 427 Exclusive Brand Outlets (EBOs) comprising 308 BIBA-branded outlets and 119 Rangriti-branded outlets, spread across 27 states and 160 cities in India. Moreover, it operates 930 Large Format Stores (LFSs) across 29 states and 267 cities in India and 30 Multi-Brand Outlets (MBOs). These EBOs are strategically located nationwide in prominent high streets, malls, residential areas in major metros, large cities, as well as tier II and tier III cities, including airport locations.

The comprehensive product portfolio encompasses offerings from flagship brand Biba, Rangriti, BIBA by Rohit Bal, BIBA Girls, and its first fragrance under the beauty brand, Spelle. This diverse portfolio allows Biba Fashion to cater to a wide range of customer preferences and strengthen its position in the Indian women’s wear market.

Biba fashion ipo image

Biba Fashion Limited

Share Price
Lot Size

Bidding Starts

24 May, 22

Bidding Ends

26 May, 22

Allotment Date*

31 May, 22

Listing Date

03 Jun, 22

* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

Allotment Status Check

Objectives of the BIBA IPO

The net proceeds from the fresh Issue will be used towards:

  1. Funding the repayment and/or prepayment of certain borrowings availed by the company, estimated to be ₹70 crore.
  2. Utilizing the remaining net proceeds for general corporate purposes.

BIBA Fashions IPO details

Well-known ethnic wear brand, Biba Fashion, is preparing to launch an IPO and has submitted its preliminary papers to SEBI (Securities and Exchange Board of India). The IPO will consist of issuing equity shares worth Rs 90 crores, along with an Offer For Sale (OFS) of 2.77 crore equity shares by the promoter and existing investors.

The promoter, Meena Bindra, plans to offload up to 37.52 lakh equity shares, while private equity investors, Highdell Investment (backed by Warburg Pincus) and Faering Capital India Evolving Fund, intend to sell up to 1.84 crore and 55.86 lakh equity shares, respectively.

The book running lead managers for the IPO include JM Financial, Ambit, Equirus Capital, DAM Capital Advisors, and HSBC Securities and Capital Markets (India).

With this IPO, Biba Fashion aims to raise funds for its expansion and growth plans, providing investors with an opportunity to be part of the company’s future journey in the ethnic wear market.

BIBA Fashions Company Financial Report

Particulars (in Rs. Crores)FY21FY20FY19
BIBA Fashions Ltd Company Financial Report
Particulars (in Rs. Crores)FY21FY20FY19
Total Assets832.5931.5830.5
Share Capital75.775.775.7
Total Borrowings109.8144.2103.4
BIBA Fashions Company Financial Report
Particulars (in Rs. Crores)FY21FY20FY19
Net cash generated from / (used in) operating activities60.8575.97110.14
Net cash from / (used in) investing activities-11.05-29.88-28.87
Net cash flow from / (used in) financing activities-48.07-50.64-80.16
Net increase (decrease) in cash and cash equivalents1.734.541.11
BIBA Fashions Financial Report

Peer Comparison

Name of the CompanyTotal Income (in Rs. crores)Basic EPSNAV Rs. per sharePERoNW%
BIBA Fashion Limited569.2-0.9625.28NA-3.74%
TCNS Clothing Company Limited684.5-8.8599.47NA-9.21%
Trent Limited2794.6-4.1165.07NA-6.32%
Go Fashion (India) Limited282.3-0.6894.31NA-1.25%
Vedant Fashions Limited    625.0625.05.3644.0188.612.18%
Aditya Birla Fashion and Retail Ltd5322.3-8.2328.2NA12.18%
BIBA Company Financial Report

BIBA Fashions IPO Registrar

Name: Link Intime India Private Limited
Phone number: +91 022 4918 6200
Email ID: biba.ipo@linkintime.in

BIBA Fashions IPO Prospectus

To gain further insights into the company, review the documents submitted by the company during the filing process.

BIBA IPO Key Points


  1. Leading market position and strong brand equity across a diverse consumer base throughout the value chain.
  2. Diversified pan-India multichannel distribution with a robust presence in both offline and online channels.
  3. Significant investments in digital capabilities, resulting in strong online leadership across marketplaces and company-owned websites.
  4. Possesses strong in-house design and tech-first supply chain capabilities, ensuring the delivery of innovative and high-quality products.
  5. Capital-efficient and scalable retail model, well-positioned to benefit from the industry’s robust growth driven by secular tailwinds and the increasing shift towards organized retail and online penetration.
  6. Led by a professional, founder-driven management team with extensive industry expertise and a successful track record. Additionally, backed by renowned private equity investors.


  1. Highly dependent on women’s Indian wear apparel, making the business vulnerable to fluctuations in demand and changing consumer preferences.
  2. Business prospects are closely tied to the performance of key brands, and any decline in sales or failure to grow sales could have adverse effects on the business.
  3. Uncertainty regarding the successful launch of new products.
  4. Reliance on outsourcing a substantial portion of production processes to third-party entities without exclusive arrangements.
  5. The potential challenge of identifying and retaining skilled third-party suppliers, vendors, and manufacturers for various production or procurement processes.

BIBA Fashions IPO FAQs

What is the price band of the IPO?

The price band for the BIBA IPO ranges from Rs. 610 to Rs. 643 per share.

When does the Biba Fashion issue open and close?

The BIBA IPO opens on May 24, 2022, and closes on May 26, 2022.

What is the size of the Biba Fashion IPO issue?

The IPO consists of a fresh issue of equity shares aggregating to Rs 627 crore and an offer-for-sale (OFS) of up to 28.2 lakh equity shares.

What is the allotment date of Biba Fashion IPO?

The allotment date for the IPO is May 31, 2022.

What is the Biba Fashion IPO listing date?

The Biba Fashion IPO listing date is June 3, 2022.

What is the lot size and investment required for the Biba Fashion IPO?

The Biba Fashion Limited IPO lot size is 23 shares. A retail investor can apply for a minimum of 1 lot (23 shares or Rs. 14,766) and a maximum of up to 13 lots (299 shares or Rs. 191,958).

What is the objective of the issue?

The proceeds from the issue will be used in the following manner: a. Rs. 136 crore for funding the capital expenditure requirements for the Greenfield project. b. Rs. 211.4 crore for repaying or prepaying debt availed by the company. c. Rs. 165 crore to fund the working capital expenditure requirements of the company.

How to apply for the Biba Fashion IPO?

To apply for the IPO, follow the steps given below:
a. Login to your online platform and select the issue in the current IPO section.
b. Enter the number of lots and price at which you wish to apply.
c. Enter your UPI ID and click on submit. Your bid will be placed with the exchange. d. You will receive a mandate notification to block funds in your UPI app

Who are the promoters/key personnels of Biba Fashion?

Biba Fashion is promoted by Ashwin Jayantilal Desai, Purnima Ashwin Desai, Rohan Ashwin Desai, Dr. Aman Ashvin Desai, AJD Family Trust, PAD Family Trust, RAD Family Trust, AAD Family Trust, and AAD Family Trust.

Who are the book runners for Biba Fashion IPO?

HDFC Bank Ltd and Kotak Mahindra Capital Company Ltd are the book running lead managers to the issue.

Follow IPO Watch for the upcoming IPO news and their reviews, also keep following us on TwitterFacebook, and Instagram. For IPO latest News, Join our Telegram channel.

Google News - GMP IPO

Related Articles

Leave a Reply

- Advertisement -
Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker!
data hk jokermerah 4d situs slot gacor mudah menang besar piala88 rtp live live rtp surgadewa jericho pm singkatan dari cara bermain slot online yang benar rtp togelsumo live hk hari ini macau dana189 premier league 2023 kode togel sdy hari ini 2023 live draw hk angka jitu pantun dua baris strasbourg fc slot demo seperti aslinya jarwo slot 123 surfer cheat smackdown pain ps2 naga jitu rans nusantara vs borneo fc lirik gorgeous x8 speeder terbaru mencintaimu daftar akun slot via pulsa hoki toto okto88 bintang68 abutoto konoha pengeluaran cambodia hari ini batik 777 mpo288 slot tergacor 2023 jet88bet borahae slot demo pragmatic soft lengkap prediksi togel jitu jet234 slot tambang888 slot pragmatic demen slot nomor jatu hk tdi mlm cimb bank live draw 6d hk super 126 slot angka romawi 18 paito hk warna 6d angkanet japanese emoji qs as sajdah hidup slot rtp play slot77 syair hk 7 april 2023 pangkalantoto syair hk 4d hk buat nanti malam 138 slot demo one ok rock wherever you are lyrics live nomor hk malam ini spesial slot minimal depo 5 ribu takoyaki monas 77 slot kitana cendana 777 bandar judi indonesia bocoran link slot gacor hari ini akun demo slot anti rungkad angka wajib hadir 2d hk warkop4d wap rajahoki777 login istana slot 189 sloth mechanical engineering naruto ultimate ninja 5 prediksi togel hongkong slot demo mahjong ways 3 playstar nomor prediksi hongkong malam ini gambar styrofoam tante colmek dewi 5000 orang joki188 rtp obs188 rtp live bandar999 area 138 lirik lagu last child sukabet365 link menang 123 situs depo 100 bonus 100 live sdy sgp hk hari ini kill bill lyrics liga788max1 prediksi macau 4d slot kilat77 vvip firehouse i live my life for you slot demo gratis olympus 1000 hello jadoo raja77 king football rocker angka bocoran sdy hari ini 2023 kumpulan depo 25 25 oren 4d bocoran angka hk 2024 bonus member baru 150 slot di depan data lengkap singapore probet88 slot online daftar live togel syair prediksi hk situs judi bola via pulsa tanpa potongan dewijoker88 live draw sgp 6d hari ini wla paten188 keren draw hk siang hari ini marsmellow simpatika kemenag login live90 123 jili slots salbutamol inhaler keluaran hk malam ini rr toto bandarslot367 situs game online terpercaya jp slot 138 pstore the old guard 2 bonanza slot88 demo tajir777 kpktoto slot semarjp jago slot superindo88 login napoli vs mpo depo 20 bonus 30 to x5 tafsir mimpi berkelahi megger test burnley fc paito warna hk raja balak 4d flashscore aztec blaze demo slot kamboja4d playmood jokermerah sdy 6d harian macauwin138 asli one game pgs 3 pengeluaran macau 2023 hari ini hk siang 888 serubet juragan prediksi cambodia cara daftar akun demo pragmatic play demo slot gates of gatotkaca mokapog situs gacor 2023 hk fortune bola merah 6d arcoxia 90 mg 1500755 nomor apa candle fokus822 ip man 2 togelon situs slot wuling338 uecl paito angkanet hongkong bahan diadora model pisau terbaik usd 777 kilat88 kode alam kecoa jadwal sea games 2023 mobile legend sultan king slot kuda jitu slot 150 baht berapa rupiah situs siaran langsung piala dunia slot toto 88 klasemen madura united vs borneo fc slot gacor 2023 bonus new member 100 operation true love sub indo keluaran china hari ini cuan365 slot hk6d versi harian rush terbaru toto sgp hari ini tercepat bonus deposit slot 100 persen mahjong way 2 demo 303hoki rtp data live hk tercepat hari ini demo slot rush sugar mahkota 69 hoki slot gacor77 deluna4d rtp slot turnover 2x rapitoto permainan demo slot result china jayatogel gambar sg 2 bandar lotre casino togel sgp49 hari ini 2021 tokyo 99 aespa giselle to4d slot anti rungkad 777 slot live draw roma night prize indogacor login bimaslot slot pasti menang hari ini coinmasterslot kumpulan agen slot rtp tertinggi poipet 12 pengeluaran sydney 2022 situs gacor slot gacor 508 xpander cross demo slot gratis zeus vs hades rtp honda4d slot beat terbaru panen138 slot bni4d login slot online juara umum sea games 2023 permainan slot pragmatic yang mudah menang jam gacor slot pragmatic jam berapa link slot bet 10 perak agen138 rtp slot gacor cha eun woo cinta untuk starla blippi game slot gratisan terbukti membayar agen777 slot online nama id slot yang hoki spinner id rtp mos777 hari ini kepritogel rtp sdy pools silverbola gacor jp777 deposit dengan pulsa tanpa potongan let me down slowly hokben 4d login betplace88 terigu protein sedang harga velg enkei giochi gratis slot da bar toto 888 4d mpo6000 kuy138 daftar demo almighty zeus empire kobotoolbox dhx4d login dewi 50000 slot togel singapura45 singapura hari ini wisma 138 maxwin data joker merah hk 6d harian dana87 turbo nomor hongkong tercepat emoji love aesthetic cpg toto link idgaf artinya pato rtp slot online terlengkap playking88 login 500 ml air berapa gelas sgp angkanet paito rtp sayang 4d juragan69 slot gacor data hk bulanan nasa 4d novel sherlock holmes agenolx slot superslot77 id cara bayar virtual account bni live carolina evening prediksi macau 4d 5d demo slot zeus rupiah gacor talentless nana togel 6 digit hk operation true love ikan gabus manfaat situs slot gacor online 24 jam dhx4d login prediksi hk malam ini pasti jp tabel hk 2024 6d lirik lagu butterfly joylink bonus new member slot demo pragmatic terlengkap 2024 new member depo 10k 4 digit berapa rupiah lirik terlanjur mencinta lirik bendera cokelat login sso etoricoxib 90 mg obat apa buku303 paito warna hk lengkap richard mille daftar situs slot gacor mudah menang beat pop colmekin hoki4d gacor vegas108 judul lagu dangdut sultan slot 999 mulia189 situs togel minimal deposit 5000 menfess artinya katsu5 rtp login live hk sdy sgp 2023 virtual families 3 mod apk live sdy 6d wla combat master bahaya ranitidine hcl 150 mg situs slot terpercaya resmi wap totopedia dolartoto halte4d terus aplikasi angkanet sdy juara piala dunia 2014 demo slot pragmatik anti rungkad macarena semar 99 slot gembirabet rtp aquaslot anak tante ernie busur4d okeplay777 slots rtp inews hongkong hari ini togel terlengkap betahistine mesilate 6 mg obat apa bonus slot 50 persen bet coin rtp agenasia88 bola jatuh sdy live bluetooth fit188 slot online login mentahan jersey polos togeltoto4d kakek cangkul casino online qqwin88 al qamar istana slot 17 live draw carolina day kingdomtoto live draw chelsea 11 youtube statistik erling haaland data hk malam ini live super888bet apa itu offside emang dasar lirik top hk gintama live action live persebaya raja777 rtp indobetku raja asia 88 slot rtp kode4d slot bigbos777 login akun demo mahjong 1 mokapog yasirlana situs slot luar gacor pusat film vermeil in gold demo slot pragmatic olympus x5000 promo new member slot 100 tergacor gbo slot 777 cuma toto pelatih madura united slot demo lion hoki138 slot simluhtan 2022 login afcon metro boomin slot garansi 100 persen grabwin88 slot chelsea vs situs paling gacor pg soft jadwal liga europa malam ini pasaran sgp tutup hari apa untungin lirik usik feby putri pg08 maxwin cara agar menang terus main slot demo slot anti rungkad mahjong ways 2 hortatory text indobet slot 88 vip servette fc gacor 777 gampang menang situs nexus bonus new member 100 seven eleven klasemen liga inggris terbaru hari ini lagabet88 bocoran rtp jnetoto ibet889 lua dao vinix 388 slot rtp suhuslot88 hoodie dickies original login member wso rtp kuningtoto mpo depo 10k bonus 15k rtp kinghoki4d hari ini fiberhome login pokerclub88 urutan liga terbaik di dunia superslot77 id jersey manchester city 2024 nomor terakhir hk 3 prize morata bonus new member 100 di awal bebas ip alam4d vip harga obat mst continus 10 mg prediksi hk joker merah 10 lobang gambar lapangan sepak bola di buku tulis partai togel bigpoker88 gunjou no magmel shuin love yourself quotes vphonegaga nama asli sunan ampel nadin amizah sorai link yang gacor hari ini bathandbodyworks akun demo aztec blaze hasil angka sgp ini hari dinas4d toto hk pool live draw adel jkt48 link pkv deposit pulsa tanpa potongan togel mania hongkong wes tatas lirik vtoto 88 login cough deposit pulsa tanpa potongan dan tanpa to rtp menthol 4d hari ini jadwal bola hari ini champions axiata4d slot slot olympus88 login markas138 login masuk depo new member 100 to kecil bocoran hk malam besok cemara 777 ling dragon tamer data hk 6d harian joker merah kaki777 syair naga mas hk hari ini aquaslot bocoran 88mega slot situs slot depo pulsa murah slot mpo 222 dadunation 889 co games slots pragmatic slot demo pragmatic bonanza gold slot gacor sekarang ini maybelline mascara slot terbaik dan mudah menang gorgeous lyrics sgp toto togel nomor keluar kamboja prometric jft login azithromycin dihydrate 500 mg azkaban paket4d togel kartu domino balak 1 rmslot chip domino live draw toto macau 4d hari ini tercepat 2024 dewa188 slot gacor daftar situs judi online24jam terpercaya 2023 4d arta data harian hk 6d 2023 link gacor hari ini 2023 liga jp77 kok badminton inter miami lapangan bola kaki data hk 2020 sd 2023 bocoran sgp hari ini jp hk fortunes nagitatogel shayne prediksi angka jitu hk adele love in the dark lyrics kamboja4d cukuran 2 jari chord yang terdalam new balance 990 v3 live skor bola bula resort rrtoto toto hk 6 angka live draw hondatoto login browser anti blokir slot gacor siang ini slot demo sweet bonanza rtp slot naga 138 hari ini 303 slot 4d anti blokir situs bintang4dp login hoki88jp slot pantjoran pik prediksi angka jitu 2d 3d 4d kakek zeus lucu cara bermain akun demo slot pragmatic agen slot 77 jabartoto login ngerumus togel otomatis situs gacor slot 4d hero388 clindamycin 300 mg untuk jerawat rtp okeslot hari ini welcome to hongkong pools 6d harian hk 6d paito slot depo 20 bonus 20 bebas ip keluaran sydney hari ini link slot deposit seabank gasing777 jago333 planet138 868 maxwin live draw hk hari ini tercepat 6d 2022 danatoto888 carx street apk rgo365 link mimpi menang judi slot 4d link gacor maxwin malam ini depe4d login harta138 syair bd new marettoto rtp jam350 bola slot 88 reply 1988 cinderella with four knights qing fei de yi pola slot mania princess 20 slot demo pg soft bandit4d data angka sgp 666hacker syair forum sydney mbahslot dewapetir88 slot paito warna sgp sbobet login kacang kapri yahya keepyousafe lyrics markastoto slot pola indobet hari ini situs gacor 2022 clopidogrel bisulfate 75 mg wala taqrabu zina klik33 depo 50 jadwal madrid rtp slot live terupdate maroon 5 memories lyrics semar4d rans303 link login siaran slot bintangmpo roma biskuit royalqq link alternatif kinghorsetoto ccnnslot dewislot javanese situs terpercaya paito sdy 6d angkanet harian rajapaito clicklancers login akadslot psg pemain rambo slot rtp gacor 88 jp qq panda slot 88 totojitu login atlas77 ajwad resto menu rtp vodka138 opera mini siapkaya88 gates of olympus demo slot rupiah biskuit roma kelapa slot rollingan terbesar scp 999 laguna slot data cambodia 2004 sampai 2022 mary on a cross artinya hasil toto macau hari ini 4d sgp pool login bumn 2023 jhonslot bintang di surga chord gates of olympus demo turkce oyna paito warna hk angkanet harian 6d rtp nusa188 hari ini yarichin b club song arti mimpi dijodohkan 3d to 2d projection formula cara menang maxwin olympus ssmp3 streaming bola malam ini siaran bola live yuk togel semua situs slot nexus al nassr vs al hilal live borneo fc vs persebaya jaring ikan kecil keluaran togel hongkong cheat god of war 2 ps2 pagi am atau pm link slot deposit pakai pulsa tri