Avi Ansh Textile IPO description – Avi Ansh Textile, operating since 2005, is a Punjab-based manufacturer and exporter of 100% cotton yarn. By 2012, the company produced combed and carded cotton yarn with a capacity of 4,500 MT per year and 26,314 spindles.
Avi Ansh Textile holds ISO 14001:2015 and ISO 9001:2015 certifications, reflecting its commitment to environmental management and quality assurance. The company successfully operates in domestic markets across states like Punjab, Haryana, Uttar Pradesh, and Delhi, as well as international markets in Nepal, Bangladesh, the Philippines, and Hong Kong. It manufactures and supplies a wide range of yarns and fabrics to meet diverse customer needs.
As of September 2024, the company has 281 employees in various departments.
Promoters of Avi Ansh Textile – 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
Table of Contents
Avi Ansh Textile IPO Details
| Avi Ansh Textile IPO Dates | 20 – 24 September 2024 |
| Avi Ansh Textile Issue Price | INR 62 per share |
| Fresh issue | 41,92,000 shares (INR 25.99 crore) |
| Offer For Sale | NIL |
| Total IPO size | 41,92,000 shares (INR 25.99 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 1,24,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE EMERGE |
Avi Ansh Textile Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 119.51 | 120.71 | 141.39 |
| Expenses | 118.01 | 121.11 | 137.71 |
| Net income | 1.56 | 0.29 | 3.31 |
Avi Ansh Textile Offer News
- Avi Ansh Textile RHP
- Avi Ansh Textile Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Avi Ansh Textile Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 1.59 | 0.29 | 3.39 |
| PE ratio | – | – | 18.29 |
| RONW (%) | 12.65 | 2.29 | 20.88 |
| NAV | 12.56 | 12.84 | 16.22 |
| ROCE (%) | 15.92 | 10.24 | 15.88 |
| EBITDA (%) | 5.18 | 3.77 | 6.82 |
| Debt/Equity | 2.16 | 2.54 | 2.87 |
Avi Ansh Textile IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 26 September 2024 | 8 | – | 10,000 |
| 25 September 2024 | 8 | – | 10,000 |
| 24 September 2024 | 10 | – | 18,000 |
| 23 September 2024 | 10 | – | 18,000 |
| 21 September 2024 | 15 | – | 22,000 |
| 20 September 2024 | 18 | – | 25,000 |
Avi Ansh Textile IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 19,90,000 | 19,90,000 | 39,80,000 |
| 24 Sep 2024 | 5.36 | 11.38 | 8.37 |
| 23 Sep 2024 | 2.47 | 5.64 | 4.06 |
| 20 Sep 2024 | 1.43 | 0.84 | 1.14 |
The market maker reservation portion of 2,12,000 shares is not included in the above calculations.
Avi Ansh Textile IPO Allotment Status
Avi Ansh Textile IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.
Avi Ansh Textile IPO Dates & Listing Performance
| IPO Opening Date | 20 September 2024 |
| IPO Closing Date | 24 September 2024 |
| Finalization of Basis of Allotment | 25 September 2024 |
| Initiation of refunds | 26 September 2024 |
| Transfer of shares to demat accounts | 26 September 2024 |
| IPO Listing Date | 27 September 2024 |
| Opening Price on NSE SME | INR 68 per share (up 9.68%) |
| Closing Price on NSE SME | INR 71.15 per share (up 14.76%) |
Avi Ansh Textile Offer Lead Manager
3DIMENSION CAPITAL SERVICES LIMITED
K-37A, Basement, Kailash Colony, Near Kailash
Colony Metro Station, New Delhi-110048
Phone: +91-11-40196737
Email:Â [email protected]
Website:Â www.3dcsl.com
Avi Ansh Textile Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
A/506, Dattani Plaza, Andheri Kurla Road, Safeed Pool,
Andheri East, Mumbai – 400 072, Maharashtra, India
Phone:Â +91 22 2851 1022
Email:Â [email protected]
Website:Â www.skylinerta.com
Avi Ansh Textile Issue Contact Details
AVI ANSH TEXTILE LIMITED
402,4th Floor, Aggarwal Cyber Plaza-I Netaji
Subhash Place, Pitampura, North West, Delhi, India-110034
Phone: +91-11-4142-5247
E-mail: [email protected]
Website: www.avianshgroup.com
IPO FAQs
What is the Avi Ansh Textile offer size?
Avi Ansh Textile’s offer size is INR 25.99 crores.
What is the Avi Ansh Textile offer price band?
Avi Ansh Textile public offer price is INR 62 per share.
What is the lot size of the Avi Ansh Textile IPO?
Avi Ansh Textile offer a lot size is 2,000 shares.
What is Avi Ansh Textile IPO GMP today?
Avi Ansh Textile IPO GMP today is INR 8 per share.
What is the Avi Ansh Textile kostak rate today?
Avi Ansh Textile kostak rate today is INR NA per application.
What is Avi Ansh Textile Subject to the Sauda rate today?
Avi Ansh Textile is Subject to the Sauda rate today is INR 10,000 per application.
