United Cotfab IPO Subscription Status: United Cotfab IPO is Open on 13 June, 2024 and Close on 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 -%
- NII is 50%
United Cotfab IPO is an SME IPO and Listed on BSE SME. United Cotfab IPO Price Band is Fixed at ₹70 Equity Share. United Cotfab IPO Lot Size is 2000 Shares.
About United Cotfab IPO :
- United Cotfab 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.
- Our Company 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.
United Cotfab IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Non Institutional Buyers (NIIs) | 24,62,000 | 28,24,10,000 | 114.71 |
| Retail Individual Buyers (RIIs) | 24,62,000 | 19,01,14,000 | 77.22 |
| Market Maker | 2,60,000 | 2,60,000 | 1 |
| Total | 49,24,000 | 52,76,70,000 | 107.16 |
United Cotfab Subscription Status day-by-day-
| Categories | 13 June | 14 June | 18 June | 19 June |
|---|---|---|---|---|
| QIB | - | - | - | - |
| NII | 0.65 | 3.31 | 14.07 | 114.71 |
| RII | 4.59 | 12.87 | 31.33 | 77.22 |
| Total | 2.95 | 8.09 | 22.70 | 107.16 |
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United Cotfab Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
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