Avi Ansh Textile Limited IPO

NSE SME

Listed On: Sep 27, 2024 at ₹ 68.0

₹ 124000 /2000 Shares

Check Allotment

Avi Ansh Textile IPO Details

20 Sep, 2024

Open Date

24 Sep, 2024

Close Date

25 Sep, 2024

Allotment Date

27 Sep, 2024

Listing Date

Issue Price

₹62 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

68.0

Listing Date

2024-09-27

Market Lot

2000 Shares (₹124,000/-)

Lead Manager

3Dimension Capital Services Limited

Issue Size

4,193,541 shares(aggregating up to ₹26.00 Cr)

Retail Portion

50%

Subscription

8.50 times

IPO Docs

DRHP RHP

The IPO of Avi Ansh Textile is priced at ₹62 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Skyline Financial Services Private Ltd is the registrar of the issue.

Avi Ansh Textile IPO bid opening date is from Sep 20, 2024 and the bid closing date was Sep 24, 2024.
Avi Ansh Textile IPO allotment result will be available on Sep 25, 2024. The tentative listing date for Avi Ansh Textile is Sep 27, 2024.

The total issue size is 4,193,541 shares(aggregating up to ₹26.00 Cr).

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	1,991,706	1,989,835	3,981,542
Day 1 - 20-09-24 06:00 PM	1.44 x	0.88 x	1.16 x
Day 2 - 23-09-24 06:00 PM	2.37 x	5.80 x	4.08 x
Day 3 - 24-09-24 06:00 PM	5.38 x	11.61 x	8.50 x

Total No. of Applications: 11,327 (Approx)

Avi Ansh Textile Valuations

EPS Pre IPO

₹3.39/-

EPS Post IPO

₹2.37/-

P/E Pre IPO

18.31

P/E Post IPO

26.16

ROE

20.88%

ROCE

15.88%

Debt/Equity

2.82

RoNW

20.88%

PAT Margin

2.35

Avi Ansh Textile Company Financials All values are in ₹ Lakh

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	6,522.64	4,692.35	4,336.85
Revenue	14,214.65	12,149.57	12,016.76
Profit After Tax	331.35	28.74	155.55
Net Worth	1,587.22	1,256.74	1,229.62
Reserves & Surplus	608.73	278.25	251.13
Total Borrowing	4,481.21	3,193.46	2,659.87

About The Company

Avi Ansh Textile Limited is an April 2005 incorporated manufacturer and exporter of 100% cotton yarn, which includes combed and carded cotton yarn in various counts.

Avi Ansh Textile Limited has ISO 14001:2015 and ISO 9001:2015 certifications, thus proving its commitment to environmental management and quality assurance.

The company sells a variety of yarns and fabrics in both domestic and international markets, manufacturing them according to customer requirements.

This is with a capacity of 26,000 spindles running and producing close to 4,500 tons of cotton yarn yearly, including yarn counts that run from 20s to 40s counts.

As at September 2024, there were 281 workers spread across its various departments.

Avi Ansh Textile - Promoter(s)

Pre Issue Share Holding: 95.67%

Post Issue Share Holding: 66.98%

Company Promoter(s)

Anil Kumar Jain, Geeta Jain, Avi Jain, G A Alloys Private Limited, S J Metals Private Limited, A K Jain .(HUF) , Sanjeev Mittal HUF. , Ramesh Mittal HUF, S C Jain, (HUF), Arihant Yarnfab Private Limited, Akanksha Jain, Ansh Jain.

Avi Ansh Textile IPO - Issue Objectives

To meet Working Capital requirements
Term Loan Repayment
General Corporate Purpose

Other Details

Company Contact Details

Avi Ansh Textile

402, 4th Floor, Aggarwal Cyber Plaza-1, Netaji Subhash Place, Pitampura, North West-Delhi

Phone: +91-11-4142-52

Email: avianshanil@rediffmail.com

Website: https://www.avianshgroup.com/

Registrar Contact Details

Skyline Financial Services Private Ltd

Phone: 02228511022

Email: ipo@skylinerta.com

Website: https://www.skylinerta.com/ipo.php

Avi Ansh Textile IPO - FAQs

Ans. Avi Ansh Textile Limited IPO is a SME IPO. The issue is priced at ₹62 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Sep 20, 2024, and closes on Sep 24, 2024. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Avi Ansh Textile Limited IPO opens on Sep 20, 2024 and closes on Sep 24, 2024.

Ans. The size of Avi Ansh Textile Limited IPO is 4,193,541 shares(aggregating up to ₹26.00 Cr).

Ans. The IPO price band is set between ₹62 per equity share.

Ans. To apply for Avi Ansh Textile Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Avi Ansh Textile Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Avi Ansh Textile Limited IPO is Sep 25, 2024.

Ans. The Avi Ansh Textile Limited IPO will be listed on Sep 27, 2024.

Ans. Follow the steps to check the allotment status for Avi Ansh Textile Limited IPO here.