Established in 2013, Akshar Spintex Limited is a company engaged in the manufacturing of cotton yarn. The company manufactures 100% cotton yarn which includes combed, semi-combed, carded yarn, Slub yarn, Core yarn, TFO(Doubling) yarn, Eli Twist yarn, Fancy yarn, Melange yarn, Blended yarn, BCI and Organic Certified yarn.
The manufacturing facility of the Company is situated in the vicinity of the rich cotton growing areas of Gujarat. The company has installed capacity of total 24,480 spindles with annual production 6000 MT in cotton yarn for our count range is 16’s to 44’s Ne contamination Controlled auto coned carded, semi comed and combed mill with all latest German and Japanese technology machineries.
The manufacturing facility of the Company is situated in the vicinity of the rich cotton growing areas of Gujarat. The company has installed capacity of total 24,480 spindles with annual production 6000 MT in cotton yarn for our count range is 16’s to 44’s Ne contamination Controlled auto coned carded, semi comed and combed mill with all latest German and Japanese technology machineries.
Akshar Spintex Limited IPO Details
|
|
---|---|
Issue Open | 27-04-2018 |
Issue Close | 03-05-2018 |
Allotment Date | 09-05-2018 |
Unblocked Amount | 10-05-2018 |
Listing Date | 11-05-2018 |
Issue Share | 67,47,000 Total Equity Share 3,45,000 Reserved by Market Maker 64,02,000 Equity Share |
Issue Size | ₹ 26.99 Cr |
IPO Price Band | ₹ 40 |
Minimum Share Bid | 3000 |
Minimum Investment Amount [Rs] | ₹ 1,20,000 |
Face Value | ₹ 10 |
Retail Allocation | 50% |
Listing On | BSE SME |
Premium [Per Share] | NA |
Average Earning Per Share | NA |
Expected Listing Gain | ₹ 7500 |
Akshar Spintex Limited IPO Financial details [in Rs, Cr]
|
|||
---|---|---|---|
Financial Year | Total Revenue | Total Expenses | Profit After Tax |
FY-2013 | 0.00 | 0.00 | 0.00 |
FY-2014 | 0.00 | 0.00 | 0.00 |
FY-2015 | 15.62 | 15.37 | -0.51 |
FY-2016 | 59.84 | 56.37 | 2.67 |
FY-2017 | 90.39 | 84.21 | 5.40 |
Aug-FY-2017 | 55.60 | 49.93 | 2.79 |
- | - | - | - |
Akshar Spintex Limited IPO Subscription Details
|
|||
---|---|---|---|
As on Date | QIB/NII | RII | Total |
Shared Offred | 32,01,000 | 32,01,000 | 64,02,000 |
Day-1 [27-04-2018] | 11,67,000 [0.37] | 33,21,000 [1.03] | 44,88,000 [0.70] |
Day-2 [30-04-2018] | 11,67,000 [0.37] | 37,38,000 [1.17] | 49,05,000 [0.77] |
Day-3 [02-05-2018] | 14,61,000 [0.46] | 1,20,03,000 [3.75] | 1,34,64,000 [2.01] |
Day-4 [03-04-2018] | 55,32,000 [1.72] | 2,96,04,000 [9.24] | 3,51,36,000 [5.49] |
Akshar Spintex Limited IPO Valuation Details
|
|
---|---|
Earnings Per Share [EPS] | ₹ 2.24 |
Price/Earnings [P/E] Ratio | 17.86 |
Return on Net Worth [RoNW] | 17.08 % |
Net Asset Value [NAV] | ₹ 15.76 Per Share |
Akshar Spintex Limited IPO Contact Details
|
---|
Akshar Spintex Limited
Revenue Survey No: 102/2, Plot No: 2, Kalavad-Ranuja Road, Kalavad(Shitla), At: Haripar, Dist: Jamnagar, Pincode: 361013, Gujarat, India. Tel. No:- +9198252 13622 Email ID:- admin@aksharspintex.in website:- http://www.aksharspintex.in |
Registrar of Akshar Spintex Limited IPO
|
---|
BIGSHARE SERVICES PRIVATE LIMITED
Address: 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis Apartments (Next to Keys Hotel), Marol Maroshi Road, Andheri (East), Mumbai – 400059. Tel.: +9122 6263 8200 Fax.: +91 22 6263 8299 Email: info@bigshareonline.com Website: http://www.bigshareonline.com SEBI Registration No.: INR000001385 Contact Person: Mr. Ashok Shetty |
Lead Managers of Akshar Spintex Limited IPO
|
---|
PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
406-408, Keshva Premises, Behind Family Court, Bandra Kurla Complex, Bandra (East), Mumbai – 400051, Maharashtra, India Tel: +91-22 6194 6700 Fax: +91-22 2659 8690 Website:www.pantomathgroup.com Email: ipo@pantomathgroup.com Investor Grievance Id: ipo@pantomathgroup.com Contact Person: Unmesh Zagade SEBI Registration No:INM000012110 |
Akshar Spintex Limited IPO Grey Market Premium
|
---|
Check Grey Market Premium :- Click Here |
Akshar Spintex Limited IPO Allotment Status
|
---|
Check Allotment Status :- Click Here |
Live Subscription for Akshar Spintex Limited IPO
|
---|
Check Live Subscription :- Click Here |
Download Akshar Spintex Limited IPO DRHP & ASBA e-Forms
|
---|
Download DRHP :- Click Here to Download Download e-Forms BSE:- Click Here to Download |
Akshar Spintex Limited IPO Recommendations
|
---|
Live IPO Team Recommendation:- Neutral |
0 Response to "Akshar Spintex Limited IPO Details"
Post a Comment