Avi Ansh Textile IPO Details
The Avi Ansh Textile IPO is a fixed price issue with a total issue size of ₹26 cr, comprising of fresh issue of 4193541 equity shares. Avi Ansh Textile IPO opened for subscription on Sep 20, 2024 and closed on Sep 24, 2024. Avi Ansh Textile IPO has set the price at ₹62 per share, with a lot size of 2000 shares. Minimum investment for Retail investors was ₹248,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Sep 25, 2024, and listed on the NSE on Sep 27, 2024.
Skyline Financial Services Private Ltd has been appointed as the registrar. 3DIMENSION CAPITAL SERVICES LIMITED LEAD MANAGER are the Book Running Lead Manager for the issue.
Before investing in the Avi Ansh Textile IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 62 – 62
- Lot Size
- 2000
- Issue Size
- ₹26 Cr
- Minimum Investment
- ₹248000 (4000 Shares)
- Listing Date
- 27 September 2024
Current GMP
₹2 (+3.23%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Avi Ansh Textile Limited IPO
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.
Avi Ansh Textile IPO 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%
Avi Ansh Textile IPO Objective
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
Book Running Lead Managers
- 3DIMENSION CAPITAL SERVICES LIMITED LEAD MANAGER
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 with a total issue size of ₹26 crore. The Avi Ansh Textile IPO price band is ₹62 to 62 per share. The Avi Ansh Textile IPO subscription opens on Fri, Sep 20, 2024, and closes on Tue, Sep 24, 2024. The Avi Ansh Textile IPO will be listed on the NSE. Skyline Financial Services Private Ltd is the registrar for the Avi Ansh Textile IPO.
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 per share.
Avi Ansh Textile IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹248000 based on the upper price band
The minimum investment for Avi Ansh Textile IPO is ₹248000, based on one lot of 2000 shares at the upper price band of ₹62 per share.
Investors can apply for the Avi Ansh Textile IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Sep 24, 2024. The application amount remains blocked until the Avi Ansh Textile IPO allotment is finalized.
Avi Ansh Textile IPO issue size is ₹26 crores.
Avi Ansh Textile IPO allotment date is Wed, Jul 1, 2026.
The registrar for Avi Ansh Textile IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check Avi Ansh Textile IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.