United Cotfab IPO Allotment Status Online : United Cotfab IPO is Open on June 13 June 2024 and Close on June 19 June 2024. United Cotfab IPO to Raise 5,184,000 Shares (Approx ₹36.29 Cr) via IPO. The Fresh Issue of 5,184,000 Shares (Approx ₹36.29 Cr).
- The Retail Quota Is 50%
- QIB Is -%
- HNI Is 50%.
United Cotfab IPO Basis of Allotment Status on 20 June, 2024. United Cotfab IPO Refund Date is 21 June 2024 and United Cotfab IPO Credit to Demat on 21 June 2024.
Also Read: United Cotfab IPO GMP Price, Details Today, Date, Allotment, Review
United Cotfab IPO Allotment Link Online
| Purvashare | Purvashare Allotment Link |
|---|---|
| Moneymintidea | IPO Allotment Status Link |
About –
United Cotfab Was Originally Incorporated As United Cotfab LLP As A Limited Liability Partnership Under The Provisions Of The Limited Liability Partnership Act, 2008 Vide Certificate Of Incorporation Dated August 25, 2015. We Are Engaged In The Manufacturing Of High Quality Open End Yarn Catering To The Textile Industry. Our Manufacturing Process Adheres To Stringent Quality Standards And Is Backed By Advanced Technology And Machinery. We Follow A Systematic Approach That Includes Raw Material Selection, Blending (If Required), Spinning, Winding, And Quality Control.
Company Was In The Process Acquisition Of Land Admeasuring Area Of 7264 Sq Mtrs Located At Village Timba, Taluka Daskroi, Ahmedabad, For Setting Up Manufacturing Facility Having An Installed Capacity Of Approx 9125 (MT) Per Annum. Our Manufacturing Facility Is Close To The Rich Cotton Growing Areas Of Saurashtra Region Of Gujarat And Maharashtra. Our Company Commenced The Production Of Cotton Yarn In April 2023. Our Manufacturing Facility Is Equipped With Modern And Automatic Plant And Machinery.
The Level Of Advancement Determines The Productivity Of Machines And Labor, Which In Turn, Determines The Production And Profitability Of Our Company. Our Technical Team In Spinning Is Well Equipped With Modern Spinning Technology And Processing Techniques By Virtue Of Which We Are Able To Ensure Quality Yarn. Technology Is A Crucial Aspect Of The Cotton Yarn Industry.
United Cotfab Experienced Team Of Technicians And Operators Ensure That Every Batch Of Open End Yarn Produced Meets The Highest Quality Parameters. We Have Implemented A Comprehensive Quality Management System That Covers Every Stage Of Production. We Conduct Rigorous Testing And Inspection Of Raw Materials, Intermediate Products And Final Yarns To Ensure They Meet The Specified Standards. We Are Committed To Sustainable Manufacturing Practices And Environmental Responsibility.
Our Processes Are Designed To Minimize Waste, Conserve Energy And Reduce The Environmental Impact. We Have Built Strong Relationship With A Diverse Range Of Clients, Including Textile Manufacturers, Garment Exporters And Distributors. Our Emphasis On Quality, Reliability And Timely Delivery Has Helped Us Establish Long Term Partnerships With Our Customers. Our Company Was Engaged In The Business Of Trading Of Cotton Yarn. In April 2023.
United Cotfab Commenced The Manufacturing Of Open Ended Cotton Yarn. Cotton Yarn Is A Type Of Yarn That Is Made From Cotton Fibres. Cotton Yarn Comes In Various Thicknesses, Known As Yarn Weights, Which Determine Its Suitability For Different Products. Common Yarn Weights Include Lace, Fingering, Sport, Worsted, And Bulky, Each With Its Own Characteristics And Recommended Uses. It Is Widely Used In The Textile Industry For Various Applications, Including Knitting, Weaving, And Crocheting. Cotton Yarn Is Known For Its Softness, Breathability, And Versatility, Making It A Popular Choice For Clothing, Home Textiles, And Other Fabric-Based Products.
