Avi Ansh Textile Ltd
Price Range
₹62
-
Min. Quantity
2,000
Closes on
24 September 2024
-
Min. investment
₹1,24,000/2,000 Shares
Avi Ansh Textile Ltd IPO Timeline
Avi Ansh Textile Limited was originally incorporated as Rajneesh Spinners Private Limited on 27th April, 2005 as a Private Limited Company with the Registrar of Companies Punjab, H.P. & Chandigarh. The Company name was further changed to 'Avi Ansh Textile Private Limited' and a fresh Certificate of Incorporation dated 16th December,2013 with the Registrar of Companies, Delhi. In 2023, Company converted from a to a Public Limited Company and the name was changed to 'Avi Ansh Textile Limited' and a fresh Certificate of Incorporation dated 3rd January,2024 by the Registrar of Companies, Delhi.
| Event | Date |
|---|---|
| Avi Ansh Textile Ltd IPO Opening Date | 20 September 2024 |
| Avi Ansh Textile Ltd IPO Closing Date | 24 September 2024 |
| Basis of Allotment | 25 September 2024 |
| Initiation of Refunds | 26 September 2024 |
| Credit of Shares to Demat | 26 September 2024 |
| Avi Ansh Textile Ltd IPO Listing Date | 27 September 2024 |
Avi Ansh Textile Ltd IPO Details
| Avi Ansh Textile Ltd IPO Date | 20 September 2024 to 24 September 2024 |
| Avi Ansh Textile Ltd IPO Face Value | ₹10 per share |
| Avi Ansh Textile Ltd IPO Price | ₹62 to ₹0 per share |
| Avi Ansh Textile Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹25.99 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹26 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Anil Kumar Jain, Geeta Jain, Avi Jain |
Avi Ansh Textile Ltd IPO Lot Size
The Avi Ansh Textile Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,24,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,24,000 |
| Maximum | 1 | 2,000 | ₹1,24,000 |
- Strengths
- Risks
- Opportunities
- 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.
Company Financials
Avi Ansh Textile Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 65.23 | 142.15 | 3.31 |
| 03-2023 | 46.92 | 121.5 | 0.29 |
| 03-2022 | 43.37 | 120.17 | 1.56 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Term Loan Reapayment
- Funding of working capital requirement of the company
- General corporate purposes
Avi Ansh Textile Ltd IPO Promoter Holding
| Pre Issue Share Holding | 39.25% |
| Post Issue Share Holding | 27.48% |
Avi Ansh Textile Ltd IPO Subscription Status (Bidding Detail)
The Avi Ansh Textile Ltd IPO is subscribed 8.0687 times on 24 September 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 8.0687 |
Avi Ansh Textile Ltd IPO Prospectus
Avi Ansh Textile Ltd IPO Listing Date
| BSE Script | 92985 |
| NSE Symbol | AVIANSH |
| Listing In | NSE - SME |
| ISIN | INE0TFB01017 |
| IPO Price | ₹62 |
| Face Value | ₹10 |
Company Contact Information
#402 4th F. Aggarwal C Plaza-INetaji Subhash Placs Pitampura,New Delhi-110034
Phone: +91-11-4142 5247
Email: avianshanil@rediffmail.com
Website: www.avianshgroup.com
Avi Ansh Textile Ltd IPO Registrar
Avi Ansh Textile Ltd IPO Lead Manager(s)
- 3Dimension Capital Services Ltd
FAQ
What is the issue size of Avi Ansh Textile Ltd IPO?
I have pre-applied for Avi Ansh Textile Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.