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 – Details
| IPO Opening Date | 20 September 2024 |
| IPO Closing Date | 24 September 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | Total Issue Size: 41,93,541 Shares Worth ₹26.00 Crore Fresh Issue: 41,93,541 Shares Worth ₹26.00 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹62 |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Skyline Financial Services Private Ltd |
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Avi Ansh Textile IPO – Date Schedule
| IPO Open Date | 20 September 2024 |
| IPO Close Date | 24 September 2024 |
| Basis of Allotment | 25 September 2024 |
| Initiation of Refund | 26 September 2024 |
| Credit of Shares to Demat Account | 26 September 2024 |
| IPO Listing Date | 27 September 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 24, 2024 |
Avi Ansh Textile IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,24,000 |
| Retail (Max) | 1 | 2000 | ₹1,24,000 |
| HNI (Min) | 2 | 4000 | ₹2,48,000 |
Competitive Strengths
- The elected location for the Company’s manufacturing plant boasts a strategic advantage.
- Diversified product offerings underscore Company’s commitment to quality.
- The experienced management team at Company’s company brings a wealth of expertise and leadership.
Company 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
Company Financials
| Particulars | Total Revenue | Total Expenses | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 72.64 | 71.71 | 0.68 | 33.75 |
| 31 March 2022 | 120.16 | 118.00 | 1.55 | 26.59 |
| 31 March 2023 | 121.49 | 121.10 | 0.28 | 31.93 |
| 31 March 2024 | 142.14 | 137.71 | 3.31 | 44.81 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 20.88% |
| ROCE | 15.88% |
| Debt/Equity | 2.82 |
| RoNW | 20.88% |
| PAT Margin (%) | 2.35 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 3.39 | 2.37 |
| P/E (x) | 18.31 | 26.16 |
Object Of The Issue
- To meet Working Capital requirements.
- Term Loan Repayment.
- General Corporate Purpose.
Avi Ansh Textile IPO Promoter Holding
| Pre Issue Share Holding | 95.67% |
| Post Issue Share Holding | 66.98% |
Avi Ansh Textile IPO Prospectus
Company Contact Information
| Avi Ansh Textile Limited 402, 4th Floor Aggarwal Cyber Plaza-1, Netaji Subhash Place, Pitampura, North West-Delhi Phone: +91-11-4142-52 Email: avianshanil@rediffmail.com Website: https://www.avianshgroup.com/ |
Avi Ansh Textile IPO Registrar
| Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
Avi Ansh Textile IPO Lead Manager(s)
| 1. 3Dimension Capital Services Limited |
Avi Ansh Textile IPO FAQs
| What is Avi Ansh Textile IPO? Avi Ansh Textile IPO is a SME IPO. The issue is priced at ₹62 per equity share. The IPO is to be listed on NSE SME. |
| When Avi Ansh Textile IPO will open? The IPO is to open on 20 September 2024 for NII and Retail Investors. |
| What is Avi Ansh Textile IPO Investors Portion? The investors’ portion for Retail is 50%, and NII is 50%. |
| How to Apply the Avi Ansh Textile IPO? You can apply Avi Ansh Textile IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Avi Ansh Textile IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Avi Ansh Textile IPO” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Avi Ansh Textile IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Avi Ansh Textile IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Avi Ansh Textile IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Avi Ansh Textile IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Avi Ansh Textile IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Avi Ansh Textile IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Avi Ansh Textile IPO Size? Avi Ansh Textile IPO size is ₹26.00 Crore. |
| What is Avi Ansh Textile IPO Price Band? Avi Ansh Textile IPO Price Band is ₹62. |
| What is Avi Ansh Textile IPO Minimum and Maximum Lot Size for retail? The minimum bid is 2000 Shares with ₹1,24,000 amount while the maximum bid is 2000 Shares with ₹1,24,000. |
| What is the Avi Ansh Textile IPO Allotment Date? Avi Ansh Textile IPO allotment date is 25 September 2024. |
| What is the Avi Ansh Textile IPO Listing Date? Avi Ansh Textile IPO listing date is 27 September 2024. The IPO is to be listed on NSE SME. |
