Vaxtex Cotfab Limited
Fixed Price IPO · NSE
- Price band
- ₹24 - ₹24
- Lot size
- 6,000 shares
- Issue amount
- ₹4 cr
- Total subscription
- 0×
- Opens
- 27 Dec 2019
- Closes
- 3 Jan 2020
- Allotment
- 8 Jan 2020
- Listing
- 13 Jan 2020
Offer at a glance
Issue overview
- Issue size
- 15,96,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,44,000
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,44,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 44,27,500
- Shares after issue
- 60,23,500
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 6,000 | ₹1,44,000 |
| HNI | 2 | 12,000 | ₹2,88,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Company information
Company profile
Vaxtex Cotfab Limited, established in 2005 and based in Ahmedabad, Gujarat, is engaged in textile processing and fabric trading, with a primary focus on dyeing and finishing grey fabrics used for shirting, suiting, and related accessories. The company also undertakes outsourced processing work for other fabric and garment manufacturers. Its processing and packing facilities are located in Narol, Ahmedabad, with a monthly processing capacity of about 12,00,000 meters, handling fabrics made from natural and synthetic fibres such as 100% cotton, Giza and Supima cotton blends, polyester viscose, and polyester cotton. Vaxtex serves corporate clients and well-known brands for finished fabric requirements and maintains product quality through a dedicated in-house testing and quality control team.
Strengths
- Located in a prime area of Ahmedabad, Gujarat
- Run by experienced and knowledgeable promoters
- Strong technical skills to ensure top product quality
- Solid financial growth: revenue increased by 581.84% in 2016-17 and 313.99% in 2017-18
Promoters
Mr. Khushant Gupta
Mr. Mithleshkumar M Agrawal
M/s Qmin Pharma Private Limited
M/s Miracle Stores Private Limited
Registrar & documents
Lead manager
Capitalsquare Advisors Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Survey No 230 Opp Mariya Park B/h Ranipur Vill Saijpur-Narol Ahmedabad - 382405, Gujarat, India.
91-9724496973
[email protected]Company website ↗Understanding VCL 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.