United Cotfab Limited IPO

BSE SME

Listed On: Jun 24, 2024 at ₹ 75.0

₹ 140000 /2000 Shares

Check Allotment

United Cotfab Limited IPO Details

13 Jun, 2024

Open Date

19 Jun, 2024

Close Date

20 Jun, 2024

Allotment Date

24 Jun, 2024

Listing Date

Issue Price

₹70 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Purva Sharegistry India Pvt Ltd

List Price

75.0

Listing Date

2024-06-24

Market Lot

2000 Shares (₹140,000/-)

Lead Manager

Beeline Capital Advisors Pvt Ltd

Issue Size

5,184,000 shares(aggregating up to ₹36.29 Cr)

Retail Portion

50%

Subscription

107.22 times

IPO Docs

DRHP

United Cotfab Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	2,462,000	2,462,000	4,924,000
Day 1 - 13-06-24 06:00 PM	0.65 x	4.59 x	2.95 x
Day 2 - 14-06-24 06:00 PM	3.20 x	12.91 x	8.68 x
Day 3 - 18-06-24 06:00 PM	13.98 x	32.04 x	23.66 x
Day 4 - 19-06-24 06:00 PM	137.21 x	77.22 x	107.22 x

Total No. of Applications: 1,14,473 (Approx)

United Cotfab Limited Valuations

EPS Pre IPO

₹0.12/-

EPS Post IPO

₹3.43/-

P/E Pre IPO

603.32

P/E Post IPO

20.38

RoNW

United Cotfab Limited Company Financials All values are in ₹ Lakh

	30-Sep-23	31-Mar-23	31-Mar-22
Assets	7,470.82	5,367.71	1,559.95
Revenue	5,596.72	64.02	1.88
Profit After Tax	295.18	13.93	1.60

About The Company

United Cotfab Limited manufactures high-quality open-end yarn for the textile industry. The company's clients include textile manufacturers, garment exporters and distributors.

The company's product portfolio includes Open End Cotton Yarn and Cotton Yarn.The company's manufacturing process adheres to stringent quality standards and is backed by advanced technology and machinery.

The manufacturing facility of the Company is situated in Taluka, Ahmedabad.The Manufacturing facility of the company has an installed capacity of approx 9125 (MT) per annum.

As of November 30, 2023, the company has a total of 85 Employees.

United Cotfab Limited - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 69.84%

Company Promoter(s)

Mr. Nirmalkumar Mangalchand Mittal
Mr. Gagan Nirmalkumar Mittal

United Cotfab Limited IPO - Issue Objectives

To Meet Working Capital Requirements
General Corporate Purposes
To meet Public Issue Expenses

Other Details

Company Contact Details

United Cotfab Limited

Survey No. 191, Village-Timba, Taluka-Dascroi, Timba, Ahmedabad, Dascroi -382425

Phone: +91 987987 4955

Email: info@unitedcotfab.com

Website: https://www.unitedcotfab.com/

Registrar Contact Details

Purva Sharegistry India Pvt Ltd

Phone: +91-022-23018261/ 23016761

Email: support@purvashare.com

Website: https://www.purvashare.com/investor-service/ipo-query

United Cotfab Limited IPO - FAQs

Ans. United Cotfab Limited IPO is a SME IPO. The issue is priced at ₹70 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jun 13, 2024, and closes on Jun 19, 2024. Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The United Cotfab Limited IPO opens on Jun 13, 2024 and closes on Jun 19, 2024.

Ans. The size of United Cotfab Limited IPO is 5,184,000 shares(aggregating up to ₹36.29 Cr).

Ans. The IPO price band is set between ₹70 per equity share.

Ans. To apply for United Cotfab Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find United Cotfab 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 United Cotfab Limited IPO is Jun 20, 2024.

Ans. The United Cotfab Limited IPO will be listed on Jun 24, 2024.

Ans. Follow the steps to check the allotment status for United Cotfab Limited IPO here.