IPO

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

Avi Ansh Textile IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,991,7061,989,8353,981,542
Day 1 - 20-09-24 06:00 PM1.44 x0.88 x1.16 x
Day 2 - 23-09-24 06:00 PM2.37 x5.80 x4.08 x
Day 3 - 24-09-24 06:00 PM5.38 x11.61 x8.50 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

RoNW

20.88%

Avi Ansh Textile Company Financials All values are in ₹ Lakh

31-Mar-2431-Mar-2331-Mar-22
Assets6,522.644,692.354,336.85
Revenue14,214.6512,149.5712,016.76
Profit After Tax331.3528.74155.55

About The Company

Avi Ansh Textile Limited is a manufacturer and exporter of 100% cotton yarn, including combed and carded cotton yarn in various counts.Avi Ansh Textile Limited has achieved ISO 14001:2015 and ISO 9001:2015 certifications, showcasing its dedication to environmental management and quality assurance.
The company operates in both domestic and global markets, manufacturing and supplying a variety of yarns and fabrics to meet customer needs.The company operates spinning factories with a total capacity of 26,000 spindles, producing approximately 4,500 metric tons of cotton yarn annually, ranging from 20s to 40s counts.
As of September 2024, the company has 281 employees in various departments.

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Avi Ansh Textile - Promoter(s)

Pre Issue Share Holding: 95.67%

Post Issue Share Holding: 66.98%

Company Promoter(s)

  1. 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

  1. To meet Working Capital requirements
  2. Term Loan Repayment
  3. General Corporate Purpose

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.