Artedz Fabs Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 120,000 (5%) | — | ₹4 Cr |
| Retail | — | 120,000 (5%) | — | ₹4 Cr |
| Market Maker | — | 120,000 (5%) | — | ₹4 Cr |
| Σ Total | — | 2,310,000 (100%) | — | ₹8,316 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹108,000 |
| Retail (Max) | 13 | 39,000 | ₹1,404,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,512,000 |
| B-HNI (Min) | 67 | 201,000 | ₹7,236,000 |
Financial Statements Amount in Lakhs
| Metric | 30-Sep-18 | 31-Mar-18 | 31-Mar-17 |
|---|---|---|---|
| Revenue | 3,663 | 6,434 | 5,311 |
| Profit After Tax | 254 | 352 | 179 |
| Total Assets | 7,409 | 6,148 | 4,425 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Funding working capital requirements of the company – 7.25
- 2 General Corporate Purpose – 0.06
Company Overview
Incorporated in 2006, Mumbai based Artedz Fabs Limited is engaged in trading and manufacturing of cotton yarn dyed fabrics for suiting and shirting. With in-house designing team and expertise in grey fabrics, they receive the orders from Indian and international markets as well. It has a major manufacturing unit installed at Bhiwandi, Maharashtra, with a capacity of 21 Lakhs Sq. metre fabrics per annum.
The popular products of the company are cotton fabric, linen fabric, polyester fabric, nylon fabric and blended fabric. Company follow Just-in-time concept for managing its inventory level and cost which means they manufacture its products on the basis of orders received from the customers.
The company is specialised in manufacturing men's clothing for summer and winter. Artedz is planning to expand the operations in women wear as well. The company sell its products to the traders engaged in the textile industry. They further sell the fabric to the units engaged in the manufacturing of apparels.
Following strengths have contributed to the company's success and will continue to be competitive:
• On-Time Delivery
• Experienced team and promoters
• Unique in-house design
• Long-maintained customer relations