Avi Ansh Textile IPO GMP : Avi Ansh Textile IPO GMP is Open on 20 Sep 2024 and Close on 24 Sep 2024. Avi Ansh Textile IPO to Raise 4,193,541 shares (Approx ₹26.00 Cr) via IPO. The Fresh issue of 4,193,541 shares (Approx ₹26.00 Cr).
Avi Ansh Textile has been operating in the yarn sector since 2005. By 2012, we had established a presence as a manufacturer and exporter of 100% cotton yarn, including combed and carded cotton yarn in various counts. Our production capacity at that time was approximately 4,500MT of cotton yarn per year, with 26,314 spindles.
Our unwavering commitment to quality and adherence to international standards have garnered trust from both domestic and international buyers. Branded as Pooja Gold, our yarn
reflects meticulous craftsmanship, offering unparalleled softness, strength, and versatility.
We’ve vertically integrated into the knitting division, producing superior quality fabrics in dyed and greige variants, delivered within promised timelines. Equipped with high-speed automatic circular knitting machines, our fabric division can knit 1800 MT per annum of various fabric types.
Avi Ansh Textile Limited is a Punjab based manufacturing house engaged in the business of manufacturing of:
Yarns –
- 100 % Carded cotton.
- 100% Combed cotton.
- Short, medium, long slub yarn produced With specific patterns.
Fabric-
- Single Jersey, Rib Knit, Interlock Fabric, Terry.
- Diagonal Terry, waffle, Thermal, Fleece.
- Pique, Rice Knit, Dot Knit, Nirmal Knit, Lycra Blended Fabrics.
- Dry Fit, Honeycomb Mat, Spun Matte.
Avi Ansh Group is a textile company that operates in the domestic as well as global market. The company manufactures and supplies a range of Yarns and Fabrics to meet customer needs. It utilizes technology and human resources to achieve its goals.
The company has installed heavy machines of German and European technology in their manufacturing units as well as adequate labour is employed to maintain 24-hour non-stop production at the unit. The company is focused on continuous updation of machines as per the latest technology and adopts a sustainable business strategy for its organization.
Table of Contents
ToggleAvi Ansh Textile IPO Date & Price Band Details
IPO Open Date
20 Sep 2024
IPO Close Date
24 Sep 2024
IPO Size
4,193,541 shares (Approx ₹26.00 Cr)
Fresh Issue
4,193,541 shares (Approx ₹26.00 Cr)
Lot Size
2000 Shares
IPO Face Value
₹10 Per Equity Share"
IPO Price Band
₹62 Per Every Share
IPO Listing On
NSE SME
IPO Retail Quota
50%
IPO QIB Quota
-%
IPO NII Quota
50%
DRHP Draft
Click Here
Anchor Investor
Click Here
Avi Ansh Textile IPO Market Lot Details
Application
Lot Size
Shares
Amount
Retail Minimum
1
2000
₹124,000
Retail Maximum
1
2000
₹124,000
S-HNI Minimum
2
4000
₹248,000
Object of the Issue
- To meet Working Capital requirements.
- Term Loan Repayment.
- General Corporate Purpose.
Avi Ansh Textile IPO Allotment & Listings (Details)
IPO Open Date
20 Sep 2024
IPO Close Date
24 Sep 2024
Basis of Allotment
25 Sep 2024
Refunds
26 Sep 2024
Credit to Demat Account
26 Sep 2024
IPO Listing Date
27 Sep 2024
Avi Ansh Textile Financial Reports
₹ in Crores
Year
Revenue
Expense
PAT
2024
₹141.39
₹137.71
₹3.31
2023
₹120.71
₹121.11
₹0.29
2022
₹119.51
₹118.01
₹1.56
Our Company Promoters
- Anil Kumar Jain
- Geeta Jain
- Avi Jain
- Akanshha Jain
- Ansh Jain
- G A Alloys Private Limited
- S J Metals Private Limited
- A K Jain (HUF)
- Sanjeev Mittal (HUF)
- Ramesh Mittal (HUF)
- S C Jain (HUF)
- Arihant Yarn Fab Private Limited
Qualitative Factors
- The elected location for our manufacturing plant boasts a strategic advantage.
- Diversified product offerings underscore our commitment to quality.
- The experienced management team at our company brings a wealth of expertise and leadership.
Comparison of Accounting Ratios with Peer Group Companies
Company Name | Face Value | EPS | P/E Ratio | RONW | Revenue (₹ in Lakhs) |
---|---|---|---|---|---|
Avi Ansh Textile Ltd | 10.00 | 3.39 | 18.28 | 2.29% | 12070.64 |
Peer Group | |||||
Jindal Worldwide Ltd | 1.00 | 3.77 | 92.37 | 10.52% | 181408.9 |
Shanti Spintex Ltd | 10.00 | 8.71 | 5.70 | 15.03% | 50500.00 |
Manomay Tex India Ltd | 10.00 | 7.20 | 23.10 | 10.08% | 58309.12 |
United Polyfab Gujarat Ltd | 10.00 | 3.09 | 29.61 | 8.29% | 90847.72 |
Also Read: WOL 3D IPO
Avi Ansh Textile Company Contact Details
402, 4th floor, Aggarwal Cyber Plaza-1 Netaji Subhash Place, Pitampura, North West,
Delhi, India, 110034
Tel. No.: +91-11-4142-5247
Email: avianshanil@rediffmail.com
Website: www.avianshgroup.com
Avi Ansh Textile Lead Manager
3 Dimension Capital Services Limited
K-37A, Basement, Kailash Colony, Near Kailash Colony
Metro Station, New Delhi, Delhi-110048
Tel No.: +91-011-40196737
E-mail : delhi@3dcsl.com
Investor Grievance Email : grievance@3dcsl.com
Website: www.3dcsl.com
Avi Ansh Textile IPO Registrar
Skyline Financial Services Private Limited
D-153 A, 1st Floor, Okhla Industrial Area, Phase-I,
New Delhi-110020
Tel No.: 011-40450193-197
E-mail: ipo@skylinerta.com
Contact Person: Mr. Anuj Rana
Website: www.skylinerta.com
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