Avi Ansh Textile Ltd

Avi Ansh Textile Ltd IPO

IPO Price Range: ₹62 - 62

Our Company is operating in the yarn Sector since 2005. We manufacture and export cotton yarn, including combed, carded cotton yarn in various counts. Our annual production capacity is approximately 4,500MT of cotton yarn (Spinning Unit). Our company adheres the quality standards and complies with international norms. Our yarn products are sold under the brand name Pooja gold. Additionally, our company has a knitting division that produces a wide range of fabrics in dyed and greige variants, with a fabric production capacity of approximately 1800 metric tons per annum.

Min Investment

₹1,24,000

IPO Size

₹26 Cr

IPO Status

Closed

Quantity in 1 Lot

2000

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Avi Ansh Textile Ltd

Open Date20 Sep 2024
Close Date24 Sep 2024
Allotment Date25 Sep 2024
Listing Date27 Sep 2024

Key Statistics

Bid Opening DateBid Opening Date20 Sep 2024
Bid Closing DateBid Closing Date24 Sep 2024
Allotment DateAllotment Date25 Sep 2024
Issue SizeIssue Size₹26Cr
Quantity in 1 lotQuantity in 1 lot2000

Strength and risks

Strength

Strength

  • 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.


Risk

Risk

  • 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.

  • 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.

  • Its insurance coverage may not be adequate.

  • 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.

  • 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.

  • The company has entered into, and will continue to enter into, related party transactions.

  • 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.

  • 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.

  • 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.

  • Changes in Technology may render its current technologies obsolete or require the company to make substantial capital investments.

Promoters Holding

Investors Holdings %
Anil Kumar Jain39.25%
Geeta Jain16.22%
Avi Jain0.61%
GA Alloys Pvt Ltd6.64%
S J Metals Pvt Ltd0%

About Avi Ansh Textile Ltd

OrganisationAvi Ansh Textile Ltd
HeadquartersNew Delhi
IndustryTextiles

Frequently Asked Questions

  • What is the size of the Avi Ansh Textile Ltd IPO?

    The size of the Avi Ansh Textile Ltd IPO is ₹26Cr .

  • What is 'pre-apply' for Avi Ansh Textile Ltd IPO?

    'Pre-apply' for Avi Ansh Textile Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Avi Ansh Textile Ltd IPO order be placed?

    Your Avi Ansh Textile Ltd IPO order will be placed on 20 Sep 2024.

  • What are the open and close dates of the Avi Ansh Textile Ltd IPO?

    The open and close dates of the Avi Ansh Textile Ltd IPO are 20 Sep 2024 to 24 Sep 2024.

  • What is the lot size and minimum order quantity of the Avi Ansh Textile Ltd IPO?

    The lot size and minimum order quantity of the Avi Ansh Textile Ltd IPO are 2000 and 2000 respectively.

  • What would be the listing gains on the Avi Ansh Textile Ltd IPO?

    The potential listing gains on the Avi Ansh Textile Ltd IPO will depend on various market factors and cannot be predicted with certainty.