AB Cotspin India Limited IPO
AB Cotspin India Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹33–₹35 per share. The stock debuted at ₹38.5, delivering a listing gain of 10.0%. The IPO had a lot size of ₹4000 shares and a minimum investment of ₹1,40,000.
AB Cotspin India Limited IPO
- IPO Dates
- Dec 30, 2021 – Jan 3, 2022
- Price band
- ₹33-35 per equity share
- Minimum Investment
- ₹1,40,000
- Issue size
- 2,884,000 Eq Shares of ₹10 (aggregating up to ₹10.09 Cr) #Fresh Issue: 2,884,000 Eq Shares of ₹10 (aggregating up to ₹10.09 Cr)
- Lot size
- 4000
- Allotment Date
- Jan 6, 2022
- Listing
- Jan 11, 2022
- Listing At
- NSE SME
IPO timeline
-
Dec 30, 2021
Open Date
Completed
-
Jan 3, 2022
Close Date
Completed
-
Jan 6, 2022
Allotment Date
Completed
-
Jan 11, 2022
Listing Date
Completed
AB Cotspin India Limited IPO Essentials
AB Cotspin India Limited IPO Details
AB Cotspin India Limited IPO is priced at ₹33-35 per share with a total issue size of 2,884,000 Eq Shares of ₹10 (aggregating up to ₹10.09 Cr) #Fresh Issue: 2,884,000 Eq Shares of ₹10 (aggregating up to ₹10.09 Cr). The IPO has a lot size of 4000 shares and is listed on NSE SME.
- Issue price
- ₹33-35 per equity share
- Lot size
- 4000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 2,884,000 Eq Shares of ₹10 (aggregating up to ₹10.09 Cr)
#Fresh Issue: 2,884,000 Eq Shares of ₹10 (aggregating up to ₹10.09 Cr) - Listing at
- NSE SME
- List price
- 38.5
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Pantomath Capital Advisors Pvt Ltd
AB Cotspin India Limited IPO Analytics
AB Cotspin India Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
AB Cotspin India Limited IPO Subscription Status
AB Cotspin India Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 13,68,000 | 13,68,000 | 27,36,000 |
|
Day 1
30-12-21 06:00 PM
|
(0.25) x | 1.69 x | 0.97 x |
|
Day 2
31-12-21 06:00 PM
|
(1.07) x | 4.48 x | 2.78 x |
|
Day 3
03-01-22 05:30 PM
|
(9.45) x | 17.47 x | 13.46 x |
AB Cotspin India Limited Valuations
Earnings
- EPS (Post IPO)
- ₹3.23/-
- P/E Ratio
- 10.84
Returns
- RoNW
- 17.76%
AB Cotspin India Limited Financials( In Crs.)
| 30-Jun-21 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|
| Assets | 71.84 | 63.69 | 52.76 |
| Revenue | 30.53 | 115.56 | 94.28 |
| Profit After Tax | 3.32 | 3.87 | 0.75 |
AB Cotspin India Limited Company & Offer Insights
About AB Cotspin India Limited
AB Cotspin is engaged in the manufacturing of cotton yarn, knitted fabric, cottonseed oil, and oilcake products. The company manufactures products based on the orders from its clients.
The company has one manufacturing facility located in, Punjab, along with 2 warehouses and 1 shop cun godown to manage its supply chain operations. As of the date of the DRHP, the company has installed 18,000 spindles for manufacturing cotton yarn, 441 mt p.a. for knitted fabric, and 6,750 mt p.a. for seed oil/oilcake. The company has made significant investments in its manufacturing infrastructure to support its product portfolio requirements and reach. Majority of the company's customers are from Punjab and Haryana.
AB Cotspin India Limited Promoter(s)
Deepak Garg, Pooja Garg are the company's promoters of AB Cotspin India Limited.
AB Cotspin India Limited IPO Issue Objectives
- •
- Funding the working capital requirements of the company;
- •
- General corporate purposes
Contact Information
Frequently Asked Questions
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AB Cotspin India Limited IPO is a book-built IPO worth ₹2,884,000 Eq Shares of ₹10 (aggregating up to ₹10.09 Cr) #Fresh Issue: 2,884,000 Eq Shares of ₹10 (aggregating up to ₹10.09 Cr). The price band is ₹33–₹35 per share. The IPO opens on Dec 30, 2021 and closes on Jan 3, 2022. It will be listed on NSE SME Platform. Link Intime India Private Ltd is the registrar.
The price band of AB Cotspin India Limited IPO is ₹33 to ₹35 per share.
The lot size of AB Cotspin India Limited IPO is 4000 shares.
The minimum investment for AB Cotspin India Limited IPO is approximately ₹1,40,000 based on the upper price band .
AB Cotspin India Limited IPO opens on Dec 30, 2021 and closes on Jan 3, 2022.
The allotment date of AB Cotspin India Limited IPO is Jan 6, 2022.
AB Cotspin India Limited IPO is expected to be listed on Jan 11, 2022, on NSE SME Platform.
AB Cotspin India Limited IPO valuation snapshot: P/E 10.84, EPS ₹3.23/-, P/B N/A, RoNW 17.76%, and market cap N/A.
To apply for AB Cotspin India Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of AB Cotspin India Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for AB Cotspin India Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check AB Cotspin India Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the AB Cotspin India Limited IPO allotment status on IPO Ji for quick and easy access.