Avi Ansh Textile IPO
Avi Ansh Textile is an NSE SME IPO listed on the NSE SME platform, priced at ₹62 per share. The stock debuted at ₹68, delivering a listing gain of 9.7%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,24,000.
Avi Ansh Textile Limited IPO
- IPO Dates
- Sep 20, 2024 – Sep 24, 2024
- Price band
- ₹62 per equity share
- Minimum Investment
- ₹1,24,000
- Issue size
- ₹25.99 Cr
- Lot size
- 2000
- Allotment Date
- Sep 25, 2024
- Listing
- Sep 27, 2024
- Listing At
- NSE SME
IPO timeline
-
Sep 20, 2024
Open Date
Completed
-
Sep 24, 2024
Close Date
Completed
-
Sep 25, 2024
Allotment Date
Completed
-
Sep 27, 2024
Listing Date
Completed
Avi Ansh Textile IPO Essentials
Avi Ansh Textile IPO Details
Avi Ansh Textile IPO is priced at ₹62 per share with a total issue size of 25.99 crore. The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹62 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 4,193,541 shares(aggregating up to ₹26.00 Cr)
- Total issue size
- 41,92,000 shares
(aggregating up to ₹25.99 crore) - Fresh issue
- 41,92,000 shares
(aggregating up to ₹25.99 crore) - Listing at
- NSE SME
- List price
- 68.0
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
3Dimension Capital Services Limited
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2000 | ₹1,24,000 |
| Retail(max) | 1 | 2000 | ₹1,24,000 |
| NII (min) | 2 | 4000 | ₹2,48,000 |
Avi Ansh Textile IPO Reservation
Avi Ansh Textile IPO reservation details show category-wise allocation of shares. Out of the total 41,93,542 shares, approximately 47.45% for retail investors, 5.06% for market maker, and 0% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - (NA%) | |
| Market Maker Shares Offered | 2,12,000 (5.06%) | |
| Retail Shares Offered | 19,89,835 (47.45%) | |
| Total Shares Offered | 41,93,542 (100%) |
Avi Ansh Textile IPO Analytics
Avi Ansh Textile IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Avi Ansh Textile IPO Subscription Status
Avi Ansh Textile 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 | 1,991,706 | 1,989,835 | 3,981,542 |
|
Day 1
20-09-24 06:00 PM
|
(1.44) x | 0.88 x | 1.16 x |
|
Day 2
23-09-24 06:00 PM
|
(2.37) x | 5.80 x | 4.08 x |
|
Day 3
24-09-24 06:00 PM
|
(5.38) x | 11.61 x | 8.50 x |
Avi Ansh Textile Valuations
Earnings
- EPS Pre IPO
- ₹3.39/-
- EPS Post IPO
- ₹2.37/-
- P/E Pre IPO
- 18.31
- P/E Post IPO
- 26.16
Returns
- ROE
- 20.88%
- ROCE
- 15.88%
- RoNW
- 20.88%
- PAT Margin
- 2.35
Fundamentals
- Debt / Equity
- 2.82
Avi Ansh Textile Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 6,522.64 | 4,692.35 | 4,336.85 |
| Revenue | 14,214.65 | 12,149.57 | 12,016.76 |
| Profit After Tax | 331.35 | 28.74 | 155.55 |
| Net Worth | 1,587.22 | 1,256.74 | 1,229.62 |
| Reserves & Surplus | 608.73 | 278.25 | 251.13 |
| Total Borrowing | 4,481.21 | 3,193.46 | 2,659.87 |
Avi Ansh Textile Company & Offer Insights
About Avi Ansh Textile
Avi Ansh Textile Limited is an April 2005 incorporated manufacturer and exporter of 100% cotton yarn, which includes combed and carded cotton yarn in various counts.
Avi Ansh Textile Limited has ISO 14001:2015 and ISO 9001:2015 certifications, thus proving its commitment to environmental management and quality assurance.
The company sells a variety of yarns and fabrics in both domestic and international markets, manufacturing them according to customer requirements.
This is with a capacity of 26,000 spindles running and producing close to 4,500 tons of cotton yarn yearly, including yarn counts that run from 20s to 40s counts.
As at September 2024, there were 281 workers spread across its various departments.
Avi Ansh Textile Promoter(s)
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. are the company's promoters of Avi Ansh Textile.
Avi Ansh Textile IPO Issue Objectives
- •
- To meet Working Capital requirements
- •
- Term Loan Repayment
- •
- General Corporate Purpose
Avi Ansh Textile IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Avi Ansh Textile Limited | 3.39 | 3.39 | N/A | 18.28 | 2.29 | N/A | Restated Financial Statement for FY 2023-24 |
| Jindal Worldwide Ltd. | 3.77 | 3.77 | N/A | 92.37 | 10.52 | N/A | Annual Report FY 2023 |
| Shanti Spintex Ltd | 8.71 | 8.71 | N/A | 5.7 | 15.03 | N/A | Annual Report FY 2023 |
| Manomay Tex India Ltd | 7.2 | 7.2 | N/A | 23.1 | 10.08 | N/A | Annual Report FY 2023 |
| United Polyfab Gujarat Limited | 3.09 | 3.09 | N/A | 29.61 | 8.29 | N/A | Annual Report FY 2023 |
Notes:
- The EPS, NAV, RoNW, and total income of the Company are taken as per Restated Financial Statement for the Financial Year 2023-24.
- NAV per share is computed as the closing net worth divided by the weighted average number of paid-up equity shares as of March 31, 2024.
- RoNW has been computed as net profit after tax divided by closing net worth.
- Net worth has been computed in the manner as specified in Regulation 2(1)(hh) of SEBI (ICDR) Regulations, 2018.
Contact Information
Contact Details
Avi Ansh Textile
+91-11-4142-52
402, 4th Floor, Aggarwal Cyber Plaza-1, Netaji Subhash Place, Pitampura, North West-Delhi
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
Frequently Asked Questions
Click any question to reveal the answer
Avi Ansh Textile IPO is a Fixed Priced IPO worth ₹25.99 crore. The issue price is ₹62 per share (fixed price). The IPO opens on Sep 20, 2024 and closes on Sep 24, 2024. It will be listed on NSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The issue price of Avi Ansh Textile IPO is ₹62 per share (fixed price).
The lot size of Avi Ansh Textile IPO is 2000 shares.
The minimum investment for Avi Ansh Textile IPO is approximately ₹1,24,000 based on the issue price .
Avi Ansh Textile IPO opens on Sep 20, 2024 and closes on Sep 24, 2024.
The allotment date of Avi Ansh Textile IPO is Sep 25, 2024.
Avi Ansh Textile IPO is expected to be listed on Sep 27, 2024, on NSE SME Platform.
Avi Ansh Textile IPO valuation snapshot: P/E 26.16, EPS ₹2.37/-, P/B N/A, RoNW 20.88%, and market cap N/A.
To apply for Avi Ansh Textile 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 Avi Ansh Textile 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 Avi Ansh Textile IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Avi Ansh Textile IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Avi Ansh Textile IPO allotment status on IPO Ji for quick and easy access.