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ACABCOTSListed

AB Cotspin India Limited

Book Built Issue IPO · NSE

Price band
₹33 - ₹35
Lot size
4,000 shares
Issue amount
₹10.09 cr
Total subscription
0×
Current price₹191.3
Listing price ₹38.5
Watch live price ↗
Opens
30 Dec 2021
Closes
3 Jan 2022
Allotment
6 Jan 2022
Listing
11 Jan 2022

Offer at a glance

Issue overview

Issue size
28,84,000 shares
Face value
₹10 per share
Minimum investment
₹1,32,000
Fresh issue
₹10.09 cr
Offer for sale
₹0 cr
Registrar
Link Intime India Private Limited
Listing exchange
NSE
Maximum investment
₹1,40,000
Issue type
Book Built Issue IPO
Shares before issue
74,08,200
Shares after issue
1,02,92,200

Lot sizes

CategoryLotsSharesAmount
RETAIL14,000₹1,40,000
HNI28,000₹2,80,000

Share reservation

Market Maker5.13%
NII (HNI)47.43%
RETAIL47.43%

Subscription & GMP

Subscription by category

Total subscribed0×

Subscription figures are awaiting publication.

GMP history

00.5119 Dec: ₹0
19 Dec₹019 Dec

Financial performance

Company financials

in Lakhs · Reported periods may include interim results.

Revenue & profitin Lakhs
05001,0001,500Mar-20 · Revenue: 942.81Mar-20 · Profit after tax: 7.57Mar-20Mar-21 · Revenue: 1,155.67Mar-21 · Profit after tax: 38.78Mar-21Jun-21 · Revenue: 305.34Jun-21 · Profit after tax: 33.22Jun-21
RevenueProfit after tax

Company information

Company profile

Incorporated in 1997, AB Cotspin is engaged in the manufacturing of cotton yarn, knitted fabric, cottonseed oil, and oilcake products, producing largely based on client-specific orders. The company operates a manufacturing facility in Punjab along with two warehouses and one shop-cum-godown to support its supply chain operations. As of the date of the DRHP, AB Cotspin has an installed capacity of 18,000 spindles for cotton yarn manufacturing, 441 MT per annum for knitted fabric, and 6,750 MT per annum for cottonseed oil and oilcake, backed by significant investments in manufacturing infrastructure, with the majority of its customer base located in Punjab.

Strengths

  • Diverse Product Range: Offers a wide portfolio with a strong focus on quality.
  • Experienced Team: Led by skilled management and supported by a dedicated workforce.
  • Repeat Customer Orders: High customer satisfaction drives recurring business.
  • Location Advantage: Strategically located to support efficient operations.

Promoters

Deepak Garg

Pooja Garg

Registrar & documents

Lead manager

Pantomath Capital Advisor Private Limited

Registered office

176, Homeland Enclave, Bathinda, Punjab – 151001

+91 01642970169

[email protected]Company website ↗

Understanding ABCOTS IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.