Avi Ansh Textile IPO
Open SmeCurrent GMP
₹2 (+3.23%)
Price Band
₹ 62 – 62
Lot Size
2000
Issue Size
₹26 Cr
Minimum Investment
₹248000 (4000 Shares)
Listing Date
27 September 2024
Subscription
8.37x
About the Company
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.
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, Ansh Jain.
Promoters Holding
Holding Pre Issue
95.67%
Holding Post Issue
66.98%
Objects of the Issue
Our Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
1. To meet Working Capital requirements
2. Term Loan Repayment
3. General Corporate Purpose
Address / Contact Info
Avi Ansh Textile Limited
402, 4th Floor, Aggarwal Cyber Plaza-1,
Netaji Subhash Place,
Pitampura, North West-Delhi
Phone: +91-11-4142-52,+91-9999335909
Email: avianshanil@rediffmail.com
Website: https://www.avianshgroup.com
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Friday, 20 September 2024
IPO Close Date
Tuesday, 24 September 2024
Basis of Allotment
Wednesday, 25 September 2024
Initiation of Refunds
Thursday, 26 September 2024
Credit of Shares to Demat
Thursday, 26 September 2024
Listing Date
Friday, 27 September 2024 — NSE & BSE
Important Dates
Open Date
20 September 2024
Close Date
24 September 2024
Basis Of Allotment
25 September 2024
Listing Date
27 September 2024
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 6522.64 | 4692.35 | 4336.85 | 4694.81 |
| Revenue | 14214.65 | 12149.57 | 12016.76 | 7264.3 |
| Profit After Tax | 331.35 | 28.74 | 155.55 | 68.2 |
| Net Worth | 1587.22 | 1256.74 | 1229.62 | 1076.34 |
| Reserve & Surplus | 608.73 | 278.25 | 251.13 | 97.85 |
| Total Borrowings | 4481.21 | 3193.46 | 2659.87 | 3375.46 |
EPS Pre
3.39%
EPS Post
2.37%
P/E Pre
18.31
P/E (Post Issue)
26.16x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 20.88 |
| ROCE % | 15.88 |
| Debt / Equity | 2.82 |
| RoNW % | 20.88 |
| PbW | 0 |
| Pat Margin % | 2.35 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Market Maker | 212000 | 5.06 | 0 |
| Non-Institutional | 1991706 | 47.49 | 0 |
| Retail Investors | 1989835 | 47.45 | 0 |
| Total | 4193542 | 100 | 0 |
Subscription Status ( Tue, 24 Sep 24 12:17 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 0 | 0 | 0x |
| Non-Institutional | 1991706 | 10670000 | 5.36x |
| Retail Investors | 1989835 | 22654000 | 11.38x |
| Total | 3981541 | 33324000 | 8.37x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | 124,000.00 |
| Retail (Max) | 1 | 2,000 | 124,000.00 |
| S-HNI (Min) | 2 | 4,000 | 248,000.00 |
Registrar
Skyline Financial Services Private Ltd
02228511022
info@skylinerta.com
https://www.skylinerta.com
Book Running Lead Managers
- 3DIMENSION CAPITAL SERVICES LIMITED LEAD MANAGER
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Avi Ansh Textile IPO is a Fixed price IPO worth ₹26 crores. The price band is ₹62 to 62 per share. The IPO opens on Fri, Sep 20, 2024 and closes on Tue, Sep 24, 2024. It will be listed on BSE and NSE. Skyline Financial Services Private Ltd is the registrar.
The Avi Ansh Textile IPO opens on Fri, Sep 20, 2024 and closes on Tue, Sep 24, 2024
Avi Ansh Textile IPO Price Band is ₹62 to 62.
Avi Ansh Textile IPO lot size is 2000, and the minimum amount required for application is ₹248000.
The minimum investment for Avi Ansh Textile IPO is approximately ₹248000 based on the upper price band.
To apply for the Avi Ansh Textile IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Tue, Sep 24, 2024. After submission, funds are blocked until the basis of allotment of Avi Ansh Textile IPO is finalised.
Avi Ansh Textile IPO issue size is ₹26 crores.
Avi Ansh Textile IPO allotment date is Sat, Jun 27, 2026.
The registrar for Avi Ansh Textile IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website for IPO allotment status, refund processing, and other queries related to Avi Ansh Textile IPO through their official website or helpline.
The Avi Ansh Textile IPO GMP (Grey Market Premium) is ₹2 as of Fri, Sep 27, 2024. Based on the upper price band of ₹62 per share, the estimated Avi Ansh Textile IPO listing price is ₹64, indicating a potential listing gain of approximately 31% over the issue price.