Avi Ansh Textile Limited
Bookbuilding IPO · NSE
- Price band
- ₹62 - ₹62
- Lot size
- 2,000 shares
- Issue amount
- ₹25.99 cr
- Total subscription
- 8.5×
- Opens
- 20 Sept 2024
- Closes
- 24 Sept 2024
- Allotment
- 25 Sept 2024
- Listing
- 27 Sept 2024
Offer at a glance
Issue overview
- Issue size
- 41,92,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,24,000
- Fresh issue
- ₹25.99 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,24,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 97,84,930
- Shares after issue
- 1,39,76,930
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,24,000 |
| HNI | 2 | 4,000 | ₹2,48,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 12.34 | 143.28 |
| NIB | 12.34 | 66.43 |
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 3.39 | 0.29 | 1.59 |
| ROE | 20.88 | 2.29 | 12.65 |
| ROCE | 15.88 | 10.24 | 15.92 |
| RONW | 20.88 | 2.29 | 12.65 |
| PRE IPO(PE) | 18.31 | 0 | 0 |
| POST IPO(PE) | 26.16 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Founded in April 2005, Avi Ansh Textile Limited is a leading manufacturer and exporter of 100% cotton yarn, specializing in combed and carded varieties across different counts. With ISO 14001:2015 and ISO 9001:2015 certifications, the company prioritizes both quality and environmental responsibility. Operating spinning factories with 26,000 spindles, it produces around 4,500 metric tons of yarn annually, ranging from 20s to 40s counts. Supplying both domestic and international markets, Avi Ansh caters to diverse customer needs with high-quality yarns and fabrics. As of September 2024, the company employs 281 people, ensuring smooth operations and a strong market presence.
Strengths
- Smart Location Advantage: The manufacturing site is strategically placed to support smooth and efficient operations.
- Wide Product Range: The company offers a variety of high-quality cotton yarns, catering to diverse customer needs.
- Strong Leadership: An experienced management team ensures steady growth and efficient operations.
Risk factors
- Single Facility Risk: Since the business depends on its Punjab production facility, any disruption or shutdown could affect operations.
- No Long-term Customer Deals: Without long-term contracts, there’s a risk of order cancellations or changes, which can impact revenue stability.
- Limited Insurance Protection: The company’s insurance may not cover all risks, which could lead to financial challenges in unexpected situations.
Promoters
Anil Kumar Jain
Geeta Jain
Avi Jain
G A Alloys Private Limited
S J Metals Private Limited
A K Jain .(HUF)
Sanjeev Mittal HUF.
Ramesh Mittal HUF
S C Jain, (HUF)
Arihant Yarnfab Private Limited
Akanksha Jain
Ansh Jain.
Registrar & documents
Lead manager
3Dimension Capital Services Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
402, 4th Floor, Aggarwal Cyber Plaza-1, Netaji Subhash Place, Pitampura, North West-Delhi
+91-11-4142-52
[email protected]Company website ↗Understanding AVIANSH 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.