United Cotfab Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,462,000 (47%) | — | ₹1,723 Cr |
| Retail | — | 2,462,000 (47%) | — | ₹1,723 Cr |
| Market Maker | — | 260,000 (5%) | — | ₹18 Cr |
| Σ Total | — | 5,184,000 (100%) | — | ₹36,288 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 | ₹140,000 |
| Retail (Max) | 13 | 26,000 | ₹1,820,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,960,000 |
| B-HNI (Min) | 67 | 134,000 | ₹9,380,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 11,553 | 64 | 2 |
| Profit After Tax | 867 | 14 | 2 |
| Net Worth | 1,356 | 994 | 682 |
| Total Assets | 8,168 | 5,368 | 1,560 |
| Reserves & Surplus | 188 | — | — |
| Total Borrowing | 4,751 | 3,821 | 773 |
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 –
- General Corporate Purposes –
- To meet Public Issue Expenses –
Company Overview
Incorporated in 2015, 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 March 31, 2024, the company has 118 Employees.