Avi Ansh Textile Limited
Avi Ansh Textile Limited(AVIANSH)
Total Shares
41,93,541
Issue Size
₹26.00 Cr
Price Band
₹62 – ₹62
Lot Size
2000 shares
Min. Investment
₹1,24,000
Max. Investment
₹1,24,000
Open Date
20 Sep, 2024
Close Date
24 Sep, 2024
Allotment
25 Sep, 2024
Listing
27 Sep, 2024
Max. Investment
₹1,24,000
Announced
20 Sep, 2024
Opening Date
20 Sep, 2024
Closing Date
24 Sep, 2024
Basis of Allotment
25 Sep, 2024
Initiation of Refunds
26 Sep, 2024
Credit of Shares
26 Sep, 2024
Listing Date
27 Sep, 2024
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About Avi Ansh Textile Limited IPO
Incorporated in April 2005, Avi Ansh Textile Limited is a manufacturer and exporter of 100% cotton yarn, including combed and carded cotton yarn in various counts.
Avi Ansh Textile Limited has achieved ISO 14001:2015 and ISO 9001:2015 certifications, showcasing its dedication to environmental management and quality assurance.
The company operates in both domestic and global markets, manufacturing and supplying a variety of yarns and fabrics to meet customer needs.
The co
Avi Ansh Textile Limited IPO Share Price and Issue Size
Issue Breakdown
Shareholding
Dilution: 42.9% increase in shares
Avi Ansh Textile Limited IPO Financials Health
Avi Ansh Textile Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹1,24,000 |
| Retail Maximum | 1 | 2000 | ₹1,24,000 |
| HNI Minimum | 2 | 4000 | ₹2,48,000 |
(All values in CR)
Avi Ansh Textile Limited IPO Valuation
| Metric | Value |
|---|---|
| Debt/Equity | 2.82 |
| EPS Post IPO | 2.37 |
| EPS Pre IPO | 3.39 |
| P/E Post IPO | 26.16 |
| P/E Pre IPO | 18.31 |
| PAT Margin (%) | 2.35 |
| ROCE | 15.88% |
| ROE | 20.88% |
| RoNW | 20.88% |
(All values in CR)
Strength & Risk of Avi Ansh Textile Limited IPO
1. The elected location for our manufacturing plant boasts a strategic advantage.
2. Diversified product offerings underscore our commitment to quality.
3. The experienced management team at our company brings a wealth of expertise and leadership.
1. Its business depends on the company production facility in Punjab and the loss of or shutdown of operations of the production facility on any grounds could adversely affect its business or results of operations.
2. The company does not have long-term agreements with a majority of its customers. Any changes or cancellations to the company orders or its inability to forecast demand for its products may adversely affect its business, results of operations and financial condition.
3. Its insurance coverage may not be adequate.
4. The company may need to seek additional financing in the future to support its growth strategies. Any failure to raise additional financing could have an adverse effect on its business, results of operations, financial condition and cash flows.
5. Its business requires the company to obtain and renew certain licenses and permits from government, regulatory authorities and other national/ international corporations and the failure to obtain or renew them in a timely manner may adversely affect its business operations.
6. The company has entered into, and will continue to enter into, related party transactions.
7. The company is subject to various laws and regulations in jurisdictions where its operate, including environmental and health and safety laws and regulations, which may subject it to increased compliance costs, which may in turn result in an adverse effect on its financial condition.
8. The company may not be able to successfully manage the growth of its business if the company is not able to effectively implement its strategies.
9. An inability to address changing industry standards and shift in consumer preference or taste may adversely affect its business, results of operations and financial condition.
10. Changes in Technology may render its current technologies obsolete or require the company to make substantial capital investments.
Avi Ansh Textile Limited IPO Subscription Status
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| HNI | 5.36 | 19,91,706 | 1,06,70,000 | 66.15 |
| Market Maker | 1.00 | 2,12,000 | 2,12,000 | 1.31 |
| Retail | 11.38 | 19,89,835 | 2,26,54,000 | 140.45 |
| Total | 8.37 | 39,81,541 | 3,33,24,000 | 206.61 |
Avi Ansh Textile Limited IPO GMP
Last updated 17 Sep, 2024 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 17 Sep, 2024 | 62 | ₹0 | -- | ₹62 (0.00%) | - | 17 Sep, 2024 |
| 18 Sep, 2024 | 62 | ₹0 | -- | ₹62 (0.00%) | - | 18 Sep, 2024 |
| 19 Sep, 2024 | 62 | ₹0▼ | -- | ₹62 (0.00%) | - | 19 Sep, 2024 |
| 20 Sep, 2024 | 62 | ₹12▲ | 18200 | ₹74 (19.35%) | - | 20 Sep, 2024 |
| 21 Sep, 2024 | 62 | ₹8▼ | 12200 | ₹70 (12.90%) | - | 21 Sep, 2024 |
| 23 Sep, 2024 | 62 | ₹10▲ | 15200 | ₹72 (16.13%) | - | 23 Sep, 2024 |
| 24 Sep, 2024 | 62 | ₹8▲ | 12200 | ₹70 (12.90%) | - | 24 Sep, 2024 |
| 25 Sep, 2024 | 62 | ₹2 | 3000 | ₹64 (3.23%) | - | 25 Sep, 2024 |
| 26 Sep, 2024 | 62 | ₹2 | 3000 | ₹64 (3.23%) | - | 26 Sep, 2024 |
| 27 Sep, 2024 | 62 | ₹2 | 3000 | ₹64 (3.23%) | - | 27 Sep, 2024 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Avi Ansh Textile Limited IPO
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Find Avi Ansh Textile Limited under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Provide your UPI ID linked to your bank account and submit the application.
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Your funds will be blocked in your account until the IPO allotment process is completed.
FAQs About Avi Ansh Textile Limited Ipo
Avi Ansh Textile Limited IPO will open on 20 Sep, 2024 and close on 24 Sep, 2024. Investors must apply within this period to participate.
The Avi Ansh Textile Limited IPO price band is set between ₹62.00 and ₹62.00 per share. The minimum lot size is 2000, requiring an investment of at least ₹124000.00.
The Avi Ansh Textile Limited IPO shares are expected to be listed on 27 Sep, 2024, subject to regulatory approvals and final allotment.
You can track your Avi Ansh Textile Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Avi Ansh Textile Limited IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.