Issue Price
₹27
Per Share
GMP
NIL
Grey Market
Est. Listing
₹27
Expected Price
Min. Application
₹216,000
2 lots × 4000 shares
Incorporated in 2014, Angel Fibers Limited is engaged in the business of spinning of cotton yarn. They are also trading in a by-product i.e. cotton waste. They develop, manufacture, market and support quality yarn products. The company offers cotton carded, combed, and compact yarns and trades in cotton waste products.Company products are used in making bed sheets, socks, knitted fabrics, shirting,sheeting and bottom weightsetc. AFL sells its products in domestic and international markets.
Angel Fibers Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 340,000 | — | ₹0.92 Cr | — |
| TOTAL | 6,748,000 | 100.00% | ₹18.22 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹108,000 |
| Retail (Max) | 13 | 52,000 | ₹1,404,000 |
| sNII (Min) | 14 | 56,000 | ₹1,512,000 |
| bNII (Min) | 68 | 272,000 | ₹7,344,000 |
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 8873.73 | 5101.77 | 0.00 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 1855.56 | 653.43 | -0.42 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 8514.35 | 8140.92 | 5175.87 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |