Issue Price
₹36
Per Share
GMP
NIL
Grey Market
Est. Listing
₹36
Expected Price
Min. Application
₹216,000
2 lots × 3000 shares
Incorporated in 2006, Mumbai based Artedz Fabs Limited is engaged in trading and manufacturing of cotton yarn dyed fabrics for suiting and shirting. With in-house designing team and expertise in grey fabrics, they receive the orders from Indian and international markets as well. It has a major manufacturing unit installed at Bhiwandi, Maharashtra, with a capacity of 21 Lakhs Sq. metre fabrics per annum.The popular products of the company are cotton fabric, linen fabric, polyester fabric, nylon fabric and blended fabric. Company follow Just-in-time concept for managing its inventory level and cost which means they manufacture its products on the basis of orders received from the customers.The company is specialised in manufacturing men's clothing for summer and winter. Artedz is planning to expand the operations in women wear as well. The company sell its products to the traders engaged in the textile industry. They further sell the fabric to the units engaged in the manufacturing of apparels.Following strengths have contributed to the company's success and will continue to be competitive:• On-Time Delivery• Experienced team and promoters• Unique in-house design• Long-maintained customer relations
Artedz Fabs Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 120,000 | — | ₹0.43 Cr | — |
| TOTAL | 2,310,000 | 100.00% | ₹8.32 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹108,000 |
| Retail (Max) | 13 | 39,000 | ₹1,404,000 |
| sNII (Min) | 14 | 42,000 | ₹1,512,000 |
| bNII (Min) | 68 | 204,000 | ₹7,344,000 |
| Particulars | 30-Sep-18 | 31-Mar-18 | 31-Mar-17 |
|---|---|---|---|
| Revenue from Operations | 3663.49 | 6433.90 | 5310.81 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 254.25 | 351.85 | 178.87 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 7408.60 | 6148.14 | 4425.21 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |