
Axita Cotton Limited IPO
BSE SME₹ 240000 /4000 Shares
*Min Investment
27 Dec, 2018
Open Date02 Jan, 2018
Close Date08 Jan, 2018
Allotment Date10 Jan, 2018
Listing DateIPO Issue Details
- Issue Price Rs 60/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price Total issue of 17,52,000 Equity Shares of Rs 10/- at a price of Rs 60/- per share aggregating to Rs 10.51 Cr
- Listing at BSE SME
- Lead Manager Beeline Broking Limited
- Registrar LINK INTIME INDIA PRIVATE LIMITED
IPO Details
- Retail Portion N/A
IPO Details
Axita Cotton Limited IPO is an SME IPO, priced at Rs 60/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Dec 27, 2018 to Jan 2, 2018. The allotment is expected to be finalized on Jan 8, 2018, and the tentative listing date is Jan 10, 2018.
The registrar of the IPO is LINK INTIME INDIA PRIVATE LIMITED, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 8,30,000 | 8,30,000 | 16,60,000 |
Day 1 - 27-12-18 | 8,58,000 1.03 x | 1,98,000 0.24 x | 10,56,000 0.64 x |
Day 2 - 28-12-18 | 13,56,000 1.63 x | 4,04,000 0.49 x | 17,60,000 1.06 x |
Day 3 - 31-12-18 | 13,56,000 1.63 x | 6,16,000 0.74 x | 19,72,000 1.19 x |
Day 4 - 01-01-19 | 13,76,000 1.66 x | 8,70,000 1.05 x | 22,46,000 1.35 x |
Day 5 - 02-01-19 | 19,94,000 2.40 x | 12,88,000 1.55 x | 32,82,000 1.98 x |
Valuations
IPO - Issue Objectives
Net Incremental Working Capital Requirement. ( Rs 10.00 Cr )
Issue Related Expenses. ( Rs 0.51 Cr )
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Salebhai Internet Limited | 5.56 | NA | - (172.01)% | 0.46 |
| Infibeam Incorporation Limited | 4.25 | 129.69 | 3.27% | 836.72 |
IPO - FAQs
Ans. Axita Cotton Limited IPO is a SME IPO. The issue is priced at Rs 60/- Per Equity Share . The minimum order quantity is 2000 Shares. The IPO opens on Dec 27, 2018, and closes on Jan 2, 2018. LINK INTIME INDIA PRIVATE LIMITED is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Axita Cotton Limited IPO opens on Dec 27, 2018 and closes on Jan 2, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Axita Cotton Limited IPO is Total issue of 17,52,000 Equity Shares of Rs 10/- at a price of Rs 60/- per share aggregating to Rs 10.51 Cr.
Ans. The Axita Cotton Limited IPO price band is set between Rs 60/- Per Equity Share .
Ans. To apply for Axita Cotton Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Axita Cotton Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Axita Cotton Limited IPO is Jan 8, 2018.
Ans. The Axita Cotton Limited IPO will be listed on Jan 10, 2018.
Ans. Follow the steps to check the Axita Cotton Limited IPO allotment status online.