Avi Ansh Textile Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,990,000 (47%) | — | ₹1,234 Cr |
| Retail | — | 1,990,000 (47%) | — | ₹1,234 Cr |
| Market Maker | — | 212,000 (5%) | — | ₹13 Cr |
| Σ Total | — | 4,192,000 (100%) | — | ₹25,990 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 | 2,000 | ₹124,000 |
| Retail (Max) | 13 | 26,000 | ₹1,612,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,736,000 |
| B-HNI (Min) | 67 | 134,000 | ₹8,308,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 14,215 | 12,150 | 12,017 |
| Profit After Tax | 331 | 29 | 156 |
| Net Worth | 1,587 | 1,257 | 1,230 |
| Total Assets | 6,523 | 4,692 | 4,337 |
| Reserves & Surplus | 609 | 278 | 251 |
| Total Borrowing | 4,481 | 3,193 | 2,660 |
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
- To meet Working Capital requirements –
- Term Loan Repayment –
- General Corporate Purpose –
Company Overview
Incorporated in April 2005, 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.
Competitive Strengths:
- The chosen site for the manufacturing plant offers a strategic advantage.
- Diversified product offerings underscore its commitment to quality.
- The company's experienced management team brings a wealth of expertise and leadership.