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
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About –
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.
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. 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.
United Cotfab Commenced The Manufacturing Of Open Ended Cotton Yarn. 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.