Issue Price
₹70
Per Share
GMP
NIL
Grey Market
Est. Listing
₹70
Expected Price
Min. Application
₹280,000
2 lots × 2000 shares
Incorporated in 2015, United Cotfab Limited manufactures high-quality open-end yarn for the textile industry. The company's clients include textile manufacturers, garment exporters and distributors.The company's product portfolio includes Open End Cotton Yarn and Cotton YarnThe company's manufacturing process adheres to stringent quality standards and is backed by advanced technology and machinery.The manufacturing facility of the Company is situated in Taluka, Ahmedabad. The Manufacturing facility of the company has an installed capacity of approx 9125 (MT) per annumAs of March 31, 2024, the company has 118 Employees.
United Cotfab Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 260,000 | — | ₹1.82 Cr | — |
| TOTAL | 5,184,000 | 100.00% | ₹36.29 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹140,000 |
| Retail (Max) | 13 | 26,000 | ₹1,820,000 |
| sNII (Min) | 14 | 28,000 | ₹1,960,000 |
| bNII (Min) | 68 | 136,000 | ₹9,520,000 |
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 11552.74 | 64.02 | 1.88 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 866.65 | 13.93 | 1.60 |
| Net Worth | 1356.42 | 993.56 | 681.97 |
| Total Assets | 8168.46 | 5367.71 | 1559.95 |
| Reserves & Surplus | 188.10 | N/A | N/A |
| Total Borrowings | 4750.93 | 3821.18 | 773.47 |