IPO

Vaxtex Cotfab Limited IPO

NSE SME

Offer Date: Dec 27, 2019 - Jan 3, 2019

₹ 144000 /6000 Shares

IPO Details

27 Dec, 2019

Open Date

03 Jan, 2019

Close Date

09 Jan, 2019

Allotment Date

13 Jan, 2019

Listing Date

Issue Price

Rs 24/- Per Equity Share 

Face Value

Rs 10/- Per Equity Share 

Listing at Group

NSE SME

Registrar

BIG SHARE SERVICE PRIVATE LIMITED

Market Lot

6000 Equity Shares (Rs 1,44,000/-)

Lead Manager

CAPITALSQUARE ADVISORS PRIVATE LIMITED

Issue Size

Fresh issue of 15,96,000 Equity Shares of Rs 10/- at a price of Rs 24/- per share aggregating to Rs 3.83 Cr

Retail Portion

N/A

Subscription

45,66,000 3.02 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved7,56,0007,56,00015,12,000
Day 1 - 27-12-1942,000 0.06 x1,98,000 0.26 x2,40,000 0.16 x
Day 2 - 30-12-191,74,000 0.23 x4,68,000 0.62 x6,42,000 0.42 x
Day 3 - 31-12-192,34,000 0.31 x7,14,000 0.94 x9,48,000 0.63 x
Day 4 - 01-01-206,00,000 0.79 x9,84,000 1.3 x15,84,000 1.05 x
Day 5 - 02-01-2011,34,000 1.5 x16,32,000 2.16 x27,66,000 1.83 x
Day 6 - 03-01-2013,98,000 1.85 x31,68,000 4.19 x45,66,000 3.02 x

Valuations

Earnings Per Share (EPS)

Rs 1/-

P/E Ratio

24

RoNW

12.73%

Net Asset Value (post issue)

Rs 14.76/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
Vaxtex Cotfab Limited1.632412.73%22.02
Kavita Fabrics Limited0.73-- (0.04)%1.91
SKS Textiles Limited0.325.495.79%173.69
Jakharia Fabric Limited1.6619.657.85%37.15

- Promoter(s)


Company Promoter(s)

  1. Mr. Khushant Gupta
  2. Mr. Mithleshkumar M Agrawal
  3. M/s Qmin Pharma Private Limited
  4. M/s Miracle Stores Private Limited

IPO - Issue Objectives

  1. To acquire the Machinery ( Rs 0.59 Cr )
  2. To meet Working Capital Requirements ( Rs 2.50 Cr )
  3. General corporate purpose ( Rs 0.44 Cr )
  4. To meet the Issue expenses ( Rs 0.30 Cr )

IPO - FAQs

Ans. Vaxtex Cotfab Limited IPO is a SME IPO. The issue is priced at Rs 24/- Per Equity Share . The minimum order quantity is 6000 Shares. The IPO opens on Dec 27, 2019, and closes on Jan 3, 2019. BIG SHARE SERVICE PRIVATE LIMITED is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Vaxtex Cotfab Limited IPO opens on Dec 27, 2019 and closes on Jan 3, 2019.

Ans. The size of Vaxtex Cotfab Limited IPO is Fresh issue of 15,96,000 Equity Shares of Rs 10/- at a price of Rs 24/- per share aggregating to Rs 3.83 Cr.

Ans. The IPO price band is set between Rs 24/- Per Equity Share .

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

  • - Open the IPO Ji App or Website
  • - Find Vaxtex 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 Vaxtex Cotfab Limited IPO is Jan 9, 2019.

Ans. The Vaxtex Cotfab Limited IPO will be listed on Jan 13, 2019.

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