United Cotfab Ltd.

Min Investment
Subscribed Times
Issues size
₹36 Crores
Price Range
₹70 - ₹70
Open on
13 Jun'24
Close on
19 Jun'24

Application Details

Lot Size
Issue Size
₹36 Crores
Issue Type
Book Building

IPO Timeline

Issue Open
Issue Close
Finalization of Basis of Allotment
Initiation of refund
Transfer of shares to Demat Account
Listing Date

Shares Offered

Qualified Inst. Buyers
Non Inst. Buyers
Retails Ind. Buyers

Subscription Status 

(as of 19 Jun 2024)
Overall Status106.63x
Qualified Inst. Buyers
Non Inst. Buyers
Retails Ind. Buyers

Objects of the offer

1. To Meet Working Capital Requirements
2. General Corporate Purposes

Company’s Financials

Mar 2022
Mar 2023
Mar 2024
Equity Capital
Reserves and Surplus
Total Debt
Gross Block
Net Sales
Book Value

Peer Comparison

Scrip NameRevenue(cr)Net Profit(cr)EPSCurrrent Ratio
Vardhman Textiles Ltd.9504.68631.5921.8424.44
Trident Ltd.6808.83349.520.6854.75
KPR Mill Ltd.6059.68805.3523.5636
Indo Count Industries Ltd.3557.07337.9217.0622.28
Nitin Spinners Ltd.2905.65131.5223.3918.41
Axita Cotton Ltd.1102.0120.340.7727.25
DCM Nouvelle Ltd.1080.94-3.27-1.75-142.2
Precot Ltd.977.7616.7813.998.54
Maral Overseas Ltd.960.06-9.77-2.35-31.06
Rajapalayam Mills Ltd.858.5644.3648.1121.44

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Guide to IPO Investment

Company Contact Info

Survey No. 191, Village-Timba, Taluka-Dascroi, Timba, Dascroi,
Survey No. 191, Village-Timba, Taluka-Dascroi, Timba, Dascroi,Ahmedabad,Gujarat-382425
Phone : 9879874955

Book Running Managers

Beeline Capital Advisors Pvt. Ltd.

Registrar & Transfer Agent

Purva Sharegistry (India) Pvt. Ltd.
9, Shiv Shakti Industrial Estate,JR Boricha Marg,Opp. Kasturba Hospital,Mumbai,Maharashtra-400011
Phone : 23018261
Fax :23012517/

Offer Related Information

Initial public offering of up to 5184000 equity shares of face value of Rs.10.00 each (Equity Shares) of United Cotfab Ltd.("The Company" or the "Issuer")
 for cash at a price of Rs.70.00 per equity share (including a premium of Rs.60.00 per equity share) ("Offer Price")
aggregating up to Rs.362880000 crores.
Offer Price: Rs.70.00 per equity share of face value of Rs.10.00 each.
The Offer Price is {ApplicationMoney/FaceValue} times of the face value
The minimum bid lot is 2000 equity shares and in multiples of 2000 equity shares thereafter
Single-click UPI-based IPO application
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