Investment Institutions Contend For Clothing Feast

Although from 2011 to the first half of 2012, the IPO rate of garment enterprises was less than 50%, but this did not stop the enthusiasm of the apparel industry.

according to

Website statistics show that as of June 14th, there were 11 garment enterprises listed in the queue. Among them, Zhejiang Georges white costumes and noble birds have been approved by the SFC. There are 5 garment enterprises in the implementation of feedback, namely Jiangsu AB group, Jiangsu cloud bat dress, Ningbo Kaixin dress, Shanghai La Natsu Bell costumes and Vigna S fashion.

Among them, Vigna S fashion is the two time to declare IPO; and 4 clothing enterprises are in the initial stage of trial, namely, Zhejiang Jian Sheng group, Shenzhen Hui Jie group, golden hair Rabbi maternal and child supplies, Guangdong pig pig clothing.

"From the perspective of the enterprise itself, listing can bring more capital for the development of enterprises, so that Cheng Benyuan is less than a bank loan."

Su Jianguo, general manager of Chengdu Investment Bank of Southwest Securities, told reporters that the competition of Chinese clothing (000902, stock bar) is becoming more and more intense. In the future, if we want to gain a better advantage in the industry competition, we should rely on the capital market to expand the scale of our sales terminals and enhance their competitive power, which is a good choice for enterprises. This is an important driving force for the enthusiasm of clothing enterprises to go public.

For example, after listing.

Not only does it attract large amounts of capital, but also in 2011, it has launched an additional scheme to raise funds, continue to expand the number of sales outlets, and further expand its advantages in sales channels.

"For private equity funds, clothing companies are a relatively mature investment market. Listing is a good exit means for their capital gains. Since the start of all gem, many funds have poured into the industry."

A private person told our reporter that although the success rate of garment enterprises IPO was not high in the first half of 2011 to the first half of 2012, investors would naturally expect the invested enterprises to declare the listing materials for the investors who could only share the capital feast.

Landing on the A share market in August 2011

It also brings huge returns to equity investors.

In 2010, Zhou Yuan Jiuding invested 50 million yuan to get 5 million 769 thousand and 300 shares of the company, bridged Fu Kai invested 20 million yuan to get 1 million 153 thousand and 800 shares of the company, and the cost of each company was 8.6 yuan and 17.33 yuan per share respectively.

In June 18th, after the resumption of power, the closing price was 40.60 yuan.

Based on this calculation, Zhou Yuan Jiuding and bridging Fu Kai's investment in the group were 4.73 and 2.34 times respectively.

It is also such a high return, so that private placement often appears in the clothing companies to be listed.

For example, Yixing investment and Hongzhi investment are listed in the company's shareholders list before listing.

In the list of shareholders of Hai Lan's home, which is not owned by IPO, there are also big star group limited, Wancheng multi profit Asia Pacific Investment Limited, Xin Fangjia investment limited and Shanghai Zhi Dong Cci Capital Ltd.

For those listed companies to pass rate, whether it will be more optimistic than in 2011, the above private placement said 2011

The overall performance is not ideal, and high inventory is still a big problem facing the industry, so stock estimation will still become the main stumbling block for such enterprises listing.