IPO Issue Details
Issue Price / Price Band₹45 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size17,01,000 shares (aggregating up to ₹7.65 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 25 May 2016
Subscription CloseMon, 30 May 2016
Anchor AllotmentTue, 24 May 2016
Basis of AllotmentSun, 05 Jun 2016
Initiation of RefundsMon, 06 Jun 2016
Credit of Shares to DematMon, 06 Jun 2016
Listing DateThu, 07 Jul 2016
UPI Mandate Deadline2016-05-30
Application & Investment Details
Retail — Min (1 Lots)₹1,35,000 — 3,000 shares
Retail — Max (13 Lots)₹1,755,000 (13 Lots)
HNI — Min (2 Lots)₹2,70,000 — 6,000 shares
Net Offer to Public16,14,000 shares (aggregating up to ₹7.26 Cr)
Reserved for Market Maker87,000 shares (aggregating up to ₹0.3915 Cr)
Pre-IPO Promoter Holding29,82,850 shares
Post-IPO Promoter Holding46,83,850 shares
About United Polyfab Gujarat Ltd.
Incorporated in 2015, United Polyfab Gujarat Ltd (UPGL) is engaged in the business of trading and manufacturing Grey Fabrics, Denim and Dyed Fabrics.Presently company has 42 Airjet automatic Looms having the capacity to manufacture/weaving upto 688 meters grey denim/grey fabric/cotton grey fabric per day per 3 shifts Airjet automatic loom. The company operates at an average capacity of i.e. 7,00,000 meters per month.In addition to trading and manufacturing/weaving activities, the Company also does the job work of manufacturing/weaving of Grey Denim, grey fabric and cotton grey fabric.
Objects of the Issue
United Polyfab Gujarat Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Setting up Spinning unit
68.82
2
2 Public Issue Expenses
0.33
Shareholding & Lock-in
Pre-IPO Promoter Holding
29,82,850 shares
Post-IPO Promoter Holding
46,83,850 shares