SP Apparels appoints Dickenson as turn-key IR consultants

SP Apparels appoints Dickenson as turn-key IR consultants

15:22 08 November in
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SP Apparels appoints Dickenson Seagull IR as its turn-key consultants for Investor Relations

 

 

MUMBAI, November 8, 2016:  Dickenson Seagull IR Solutions (DSIR) has entered into contract with Coimbatore-based SP Apparels Limited (SPAL) for providing full scope IR solutions, encompassing market positioning, visibility enhancement and feedback analysis. DSIR has been selected by India’s leading infant-wear garment producer on the basis of its premium investor relation services and established market relationships with the sell and buy-side communities. Additionally, DSIR’s deep sector experience in the retail, apparels and textiles industries will give SPAL a ready-to-go platform to tell its story to investors globally. DSIR is also IR consultants to other sector compatible peers such as Pearl Global, Monte Carlo and Nandan Denim.

 

“SPAL has a triple-pillar investment case to be made – based on its fully integrated manufacturing and recently added knitting capability; its branded play with “Crocodile” coupled with its diversification into menswear; and finally its deeper penetration into both global and Indian markets through a strategically expanding customer base,” said Mr. Manoj Saha, Managing Director, Dickenson Seagull IR Solutions.

 

SP Apparels Limited recently completed a Rs 215 crores successful IPO in August, 2016. This raise will allow SPAL to retire some of its debt, modernize its Salem Plant and help the company to continue its growth aspirations.

 

About SP Apparels Limited

Recently listed SPAL is a leading manufacturer and exporter of knitted garments for infants and children in India. The garments are manufactured at the company’s integrated facilities, allowing them to provide end-to-end garment manufacturing services from fabric to finished products. SPAL’s long-standing relationship with major customers across the globe has been one of the most significant factors contributing to their growth. SPAL also manufactures and retails menswear garments in India under the brand ‘Crocodile’. As at 8th November 2016, the market capitalisation of the company was approximately ~ Rs. 819 crores.

 

Company Name – S P Apparels

BSE: 540048

NSE: SPAL

ISIN: INE212I01016

SECTOR: TEXTILES – GENERAL

 

 

About DSIR

Dickenson Seagull IR is amongst India’s foremost Investor Relations and Financial PR specialists. Based in Mumbai, the agency represents mid-to-large cap listed companies for their engagement with the financial marketplace and the financial media. For more information on Dickenson Seagull IR, visit our website www.dickensonir.com

 

For more information on SP Apparels or Dickenson Seagull IR, please contact:

 

Nida Mukadam, Consultant – Business Development, Dickenson Markets

E: nida.mukadam@dickensonworld.com

Tel: +91 22 66276009

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