Avi Ansh Textile Ltd., established in 2005, operates in the Textiles - Weaving sector. The company's IPO opened on September 20, 2024 and closed on September 24, 2024, with an issue price of ₹62. The ... Read more
Our Company is operating in the yarn Sector since 2005. We manufacture and export cotton yarn, including combed, carded cotton yarn in various counts. Our annual production capacity is approximately 4,500MT of cotton yarn (Spinning Unit). Our company adheres the quality standards and complies ... Read more
| Investors Category | Shares Offered |
|---|---|
| Market Makers | 2,12,000 (9.63%) |
| Non Institutional Investors | 19,90,000 (90.37%) |
| Retail Individual Investors (RIIs) | 19,90,000 (90.37%) |
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2024 | 142.15 Cr | 3.31 Cr | 6.09 Cr |
| 31 Mar 2023 | 121.50 Cr | 28.74 Lakh | 2.78 Cr |
| 31 Mar 2022 | 120.17 Cr | 1.56 Cr | 2.51 Cr |
1. Funding of Working Capital requirements
2. Term loan Repayment
3. General Corporate Purpose
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | - | ₹ 62.00 |
| Open | - | ₹ 68.00 |
| Low | - | ₹ 64.60 |
| High | - | ₹ 71.40 |
| Last Trade | - | ₹ 71.15 |
1. Anil Kumar Jain
2. Geeta Jain
3. Avi Jain
4. G A Alloys Private Limited
5. S J Metals Private Limited
6. A K Jain. (HUF)
7. Sanjeev Mittal HUF
8. Ramesh Mittal HUF
9. S C Jain (HUF)
10. Arihant Yarn fab Private Limited
11. Akanksha Jain
12. Ansh Jain
The domestic apparel and textile industry in India contributes approx. 2.3% to the country’s GDP, 13% to industrial production and 12% to exports. India has a 4% share of the global trade in textiles and apparel. India is one of the largest producers of cotton and jute in the world. India ... Read more
When does Avi Ansh Textile Ltd. IPO opens and closes?
What is the size of Avi Ansh Textile Ltd. IPO?
What is the minimum investment and lot size required for the Avi Ansh Textile Ltd. IPO?
When is Avi Ansh Textile Ltd. IPO listing date?
What is the objective of Avi Ansh Textile Ltd. IPO?
Avi Ansh Textile is launched an Initial Public Offering (IPO) to raise Rs 25.99 crores. The IPO consisted entirely of a fresh issue of 41.92 lakh shares. The subscription period for the IPO opened on September 20, 2024, and closed on September 24, 2024. Allotment is expected to be finalized on September 25, and the shares are tentatively scheduled to list on the National Stock Exchange's Small and Medium Enterprises (SME) platform on September 27, 2024.
The IPO price is fixed at Rs.62 per share. Retail investors can participate with a minimum investment of Rs.124,000 for 2,000 shares, while high net-worth individuals (HNIs) are required to invest a minimum of Rs. 248,000 for 4,000 shares. The company offered 41,93,542 shares to the public, with 47.49% allocated to Non-Institutional Investors (NIIs) and 47.45% allocated to Retail Individual Investors (RIIs).
Avi Ansh Textile Limited, founded in 2005, is a prominent manufacturer and exporter of 100% cotton yarn. The company specializes in producing both combed and carded cotton yarn in a variety of counts and is led by its promoters, 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, and Ansh Jain.
24 September 2024
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