Vaxtex Cotfab Limited IPO
NSE SME₹ 288000 /12000 Shares
*Min Investment
27 Dec, 2019
Open Date03 Jan, 2019
Close Date09 Jan, 2019
Allotment Date13 Jan, 2019
Listing DateIPO Issue Details
- Issue Price Rs 24/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price Fresh issue of 15,96,000 Equity Shares of Rs 10/- at a price of Rs 24/- per share aggregating to Rs 3.83 Cr
- Listing at NSE SME
- Lead Manager CAPITALSQUARE ADVISORS PRIVATE LIMITED
- Registrar BIG SHARE SERVICE PRIVATE LIMITED
IPO Details
- Retail Portion N/A
IPO Details
Vaxtex Cotfab Limited IPO is an SME IPO, priced at Rs 24/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Dec 27, 2019 to Jan 3, 2019. The allotment is expected to be finalized on Jan 9, 2019, and the tentative listing date is Jan 13, 2019.
The registrar of the IPO is BIG SHARE SERVICE PRIVATE LIMITED, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 7,56,000 | 7,56,000 | 15,12,000 |
Day 1 - 27-12-19 | 42,000 0.06 x | 1,98,000 0.26 x | 2,40,000 0.16 x |
Day 2 - 30-12-19 | 1,74,000 0.23 x | 4,68,000 0.62 x | 6,42,000 0.42 x |
Day 3 - 31-12-19 | 2,34,000 0.31 x | 7,14,000 0.94 x | 9,48,000 0.63 x |
Day 4 - 01-01-20 | 6,00,000 0.79 x | 9,84,000 1.3 x | 15,84,000 1.05 x |
Day 5 - 02-01-20 | 11,34,000 1.5 x | 16,32,000 2.16 x | 27,66,000 1.83 x |
Day 6 - 03-01-20 | 13,98,000 1.85 x | 31,68,000 4.19 x | 45,66,000 3.02 x |
Valuations
IPO - Issue Objectives
To acquire the Machinery ( Rs 0.59 Cr )
To meet Working Capital Requirements ( Rs 2.50 Cr )
General corporate purpose ( Rs 0.44 Cr )
To meet the Issue expenses ( Rs 0.30 Cr )
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Vaxtex Cotfab Limited | 1.63 | 24 | 12.73% | 22.02 |
| Kavita Fabrics Limited | 0.73 | - | - (0.04)% | 1.91 |
| SKS Textiles Limited | 0.32 | 5.49 | 5.79% | 173.69 |
| Jakharia Fabric Limited | 1.66 | 19.65 | 7.85% | 37.15 |
IPO - FAQs
Ans. Vaxtex Cotfab Limited IPO is a SME IPO. The issue is priced at Rs 24/- Per Equity Share . The minimum order quantity is 6000 Shares. The IPO opens on Dec 27, 2019, and closes on Jan 3, 2019. BIG SHARE SERVICE PRIVATE LIMITED is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Vaxtex Cotfab Limited IPO opens on Dec 27, 2019 and closes on Jan 3, 2019.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Vaxtex Cotfab Limited IPO is Fresh issue of 15,96,000 Equity Shares of Rs 10/- at a price of Rs 24/- per share aggregating to Rs 3.83 Cr.
Ans. The Vaxtex Cotfab Limited IPO price band is set between Rs 24/- Per Equity Share .
Ans. To apply for Vaxtex Cotfab Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Vaxtex Cotfab 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 Vaxtex Cotfab Limited IPO is Jan 9, 2019.
Ans. The Vaxtex Cotfab Limited IPO will be listed on Jan 13, 2019.
Ans. Follow the steps to check the Vaxtex Cotfab Limited IPO allotment status online.
