IPO

Axita Cotton Limited IPO

BSE SME

Offer Date: Dec 27, 2018 - Jan 2, 2018

₹ 240000 /4000 Shares
*Min Investment

27 Dec, 2018

Open Date

02 Jan, 2018

Close Date

08 Jan, 2018

Allotment Date

10 Jan, 2018

Listing Date
IPO 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

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IPO Subscription Analysis And Details
Retail
12.00x
Total
32.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved8,30,0008,30,00016,60,000
Day 1 - 27-12-18
8,58,000 1.03 x1,98,000 0.24 x10,56,000 0.64 x
Day 2 - 28-12-18
13,56,000 1.63 x4,04,000 0.49 x17,60,000 1.06 x
Day 3 - 31-12-18
13,56,000 1.63 x6,16,000 0.74 x19,72,000 1.19 x
Day 4 - 01-01-19
13,76,000 1.66 x8,70,000 1.05 x22,46,000 1.35 x
Day 5 - 02-01-19
19,94,000 2.40 x12,88,000 1.55 x32,82,000 1.98 x
Valuations
Earnings Per Share (EPS) Rs 1.25/-
P/E Ratio 48
RoNW 25.97%
Net Asset Value (NAV post issue) Rs 26.65/-
IPO - Issue Objectives
1

Net Incremental Working Capital Requirement. ( Rs 10.00 Cr )

2

Issue Related Expenses. ( Rs 0.51 Cr )

IPO - Peers Comparison
P/B RatioP/E RatioRoNWRevenue(in Cr.)
Salebhai Internet Limited5.56NA- (172.01)%0.46
Infibeam Incorporation Limited4.25129.693.27%836.72