Avi Ansh Textile IPO GMP : Avi Ansh Textile IPO GMP is Open on 20 Sep 2024 and Close on 24 Sep 2024. Avi Ansh Textile IPO to Raise 4,193,541 shares (Approx ₹26.00 Cr) via IPO. The Fresh issue of 4,193,541 shares (Approx ₹26.00 Cr).
Avi Ansh Textile has been operating in the yarn sector since 2005. By 2012, we had established a presence as a manufacturer and exporter of 100% cotton yarn, including combed and carded cotton yarn in various counts. Our production capacity at that time was approximately 4,500MT of cotton yarn per year, with 26,314 spindles.
Our unwavering commitment to quality and adherence to international standards have garnered trust from both domestic and international buyers. Branded as Pooja Gold, our yarn
reflects meticulous craftsmanship, offering unparalleled softness, strength, and versatility.
We’ve vertically integrated into the knitting division, producing superior quality fabrics in dyed and greige variants, delivered within promised timelines. Equipped with high-speed automatic circular knitting machines, our fabric division can knit 1800 MT per annum of various fabric types.
Avi Ansh Textile Limited is a Punjab based manufacturing house engaged in the business of manufacturing of:
Yarns –
- 100 % Carded cotton.
- 100% Combed cotton.
- Short, medium, long slub yarn produced With specific patterns.
Fabric-
- Single Jersey, Rib Knit, Interlock Fabric, Terry.
- Diagonal Terry, waffle, Thermal, Fleece.
- Pique, Rice Knit, Dot Knit, Nirmal Knit, Lycra Blended Fabrics.
- Dry Fit, Honeycomb Mat, Spun Matte.
Avi Ansh Group is a textile company that operates in the domestic as well as global market. The company manufactures and supplies a range of Yarns and Fabrics to meet customer needs. It utilizes technology and human resources to achieve its goals.
The company has installed heavy machines of German and European technology in their manufacturing units as well as adequate labour is employed to maintain 24-hour non-stop production at the unit. The company is focused on continuous updation of machines as per the latest technology and adopts a sustainable business strategy for its organization.
Avi Ansh Textile IPO Date & Price Band Details
| IPO Open Date | 20 Sep 2024 |
|---|---|
| IPO Close Date | 24 Sep 2024 |
| IPO Size | 4,193,541 shares (Approx ₹26.00 Cr) |
| Fresh Issue | 4,193,541 shares (Approx ₹26.00 Cr) |
| Lot Size | 2000 Shares |
| IPO Face Value | ₹10 Per Equity Share” |
| IPO Price Band | ₹62 Per Every Share |
| IPO Listing On | NSE SME |
| IPO Retail Quota | 50% |
| IPO QIB Quota | -% |
| IPO NII Quota | 50% |
| DRHP Draft | Click Here |
| Anchor Investor | Click Here |
Avi Ansh Textile IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹124,000 |
| Retail Maximum | 1 | 2000 | ₹124,000 |
| S-HNI Minimum | 2 | 4000 | ₹248,000 |
Object of the Issue
- To meet Working Capital requirements.
- Term Loan Repayment.
- General Corporate Purpose.
Avi Ansh Textile IPO Allotment & Listings (Details)
| IPO Open Date | 20 Sep 2024 |
|---|---|
| IPO Close Date | 24 Sep 2024 |
| Basis of Allotment | 25 Sep 2024 |
| Refunds | 26 Sep 2024 |
| Credit to Demat Account | 26 Sep 2024 |
| IPO Listing Date | 27 Sep 2024 |
Avi Ansh Textile Financial Reports
| ₹ in Crores | |||
|---|---|---|---|
| Year | Revenue | Expense | PAT |
| 2024 | ₹141.39 | ₹137.71 | ₹3.31 |
| 2023 | ₹120.71 | ₹121.11 | ₹0.29 |
| 2022 | ₹119.51 | ₹118.01 | ₹1.56 |
Our Company Promoters
- Anil Kumar Jain
- Geeta Jain
- Avi Jain
- Akanshha Jain
- Ansh 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 Yarn Fab Private Limited
Qualitative Factors
- The elected location for our manufacturing plant boasts a strategic advantage.
- Diversified product offerings underscore our commitment to quality.
- The experienced management team at our company brings a wealth of expertise and leadership.
Comparison of Accounting Ratios with Peer Group Companies
Also Read: WOL 3D IPO
Avi Ansh Textile Company Contact Details
402, 4th floor, Aggarwal Cyber Plaza-1 Netaji Subhash Place, Pitampura, North West,
Delhi, India, 110034
Tel. No.: +91-11-4142-5247
Email: avianshanil@rediffmail.com
Website: www.avianshgroup.com
Avi Ansh Textile Lead Manager
3 Dimension Capital Services Limited
K-37A, Basement, Kailash Colony, Near Kailash Colony
Metro Station, New Delhi, Delhi-110048
Tel No.: +91-011-40196737
E-mail : delhi@3dcsl.com
Investor Grievance Email : grievance@3dcsl.com
Website: www.3dcsl.com
Avi Ansh Textile IPO Registrar
Skyline Financial Services Private Limited
D-153 A, 1st Floor, Okhla Industrial Area, Phase-I,
New Delhi-110020
Tel No.: 011-40450193-197
E-mail: ipo@skylinerta.com
Contact Person: Mr. Anuj Rana
Website: www.skylinerta.com
