Wednesday, July 6, 2022
HomeStocksGenesis Colors IPO Details & Review - Opening date, Price Band,...

Genesis Colors IPO Details & Review – Opening date, Price Band, Opening Price


Update:8-Feb –  SEBI has approved Genesis Colors IPO 

Genesis Colors Limited is a leading platform for luxury & premium fashion brands in India.  (Satya Paul, Armani, Hugo Boss , Jimmy Choo etc)

Issue Details  (not yet announced)

  • IPO Open : 
  • Issue Price band:  
  • Issue Size:  
  • Market lot :
  • Max Shares for Retail –

IPO Issue Allocation

  • Qualified institutional buyers (QIBs) –  50% per cent of the total issue size.
  • Non-institutional investors (NIIs) –  15% per cent of the issue size.
  • The retail quota limit in the issue = 35% 

Objective of the issue:

The objects of the net proceeds from the issue are:

  • 1. Purchase of shares of Genesis Luxury Fashion Private Limited (a subsidiary) from Splendor distribution limited(Rs 280 crores)and Sanjay Kapoor (Rs 37 crores) and  –  Genesis colours holds 52% of the company.
  • 2. General Corporate purpose.


Genesis Colors Limited is a leading platform for luxury & premium fashion brands in India.

Owned Brands –  Satya Paul, Bw!tch  with products across apparel, accesories, travel & lifestyle segments

Portfolio of Inrternational Luxury brands – Armani, Bottega Veneta, Burberry, Canali, Coach, Furla, Hugo Boss, Jimmy Choo, Michael Kors, Paul Smith, Tumi, Villeroy & Boch – rights to distribute their products across India.

There are 57 EBOs where International brands are sold, 43 of them are in 4 malls below:

  • DLF Emporio Mall (Delhi)
  • Palladium Mall (Mumbai)
  • UB City Mall (Bangalore)
  • Quest Mall (Kolkata)


  2014 (in crores)   2016 CAGR  
Consolidated revenue from Operations 360    432 9.6%  
Revenue from International brands 256   318 11.52%  
Share of Total Revenue 71% 73% 74%    
Own Brands 104   114 4.7%  
Share of Total Revenue 29% 27% 26%    

Revenue & profit / loss for last 5 years

  2016 2015 2014 2013 2012
Total Revenue 440 426 366 302 219
P&L (attributable to equity shareholders) (0.7) (10.8) (12.67) (19.21) (76)

Promoters :  

  • Sanjay Kapoor & his trust hold 49% of the shares
  • Sequoia Capital  – 19.9%
  • HEP Mauritius – 13.14%
  • Mayfield FVCI – 8.5%

Competitors :  

Anchor Investors:  Will be known one day before the issue open

Valuation as compared to its peers:

The company has losses over last 4-5 years (on consolidated basis)
No comparable listed companies in India
Brokerage Recommendations:

Should you invest:   

As the company is not in profit since last few years, I will avoid this IPO.

 So on that basis, you can consider to invest for long term

Disclaimer:  The articles or analysis on this website should not be constituted as Investment advice. Please consult your financial advisor before making any investments.



Please enter your comment!
Please enter your name here

Recent Comments

Most Popular