Issue Price
₹62
Per Share
GMP
NIL
Grey Market
Est. Listing
₹62
Expected Price
Min. Application
₹248,000
2 lots × 2000 shares
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.Competitive Strengths:The chosen site for the manufacturing plant offers a strategic advantage.Diversified product offerings underscore its commitment to quality.The company's experienced management team brings a wealth of expertise and leadership.
Avi Ansh Textile Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 212,000 | — | ₹1.31 Cr | — |
| TOTAL | 4,192,000 | 100.00% | ₹25.99 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹124,000 |
| Retail (Max) | 13 | 26,000 | ₹1,612,000 |
| sNII (Min) | 14 | 28,000 | ₹1,736,000 |
| bNII (Min) | 68 | 136,000 | ₹8,432,000 |
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 14214.65 | 12149.57 | 12016.76 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 331.35 | 28.74 | 155.55 |
| Net Worth | 1587.22 | 1256.74 | 1229.62 |
| Total Assets | 6522.64 | 4692.35 | 4336.85 |
| Reserves & Surplus | 608.73 | 278.25 | 251.13 |
| Total Borrowings | 4481.21 | 3193.46 | 2659.87 |