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Avi Ansh Textile Limited

Avi Ansh Textile Limited

listed
₹1.24LMin. investment

Avi Ansh Textile Limited IPO Details

Price range₹62.00 – ₹62.00
IPO type
SME
Lot size2000 shares
Issue size₹26Cr

Avi Ansh Textile Limited Timeline

  1. Bid start
    20 Sep 2024
  2. Bid end
    24 Sep 2024
  3. Allotment
    22 Sep 2024
  4. Release of funds
    26 Sep 2024
  5. Demat transfer
    25 Sep 2024
  6. Listing
    27 Sep 2024

About Avi Ansh Textile Limited

Avi Ansh Textile Limited, established in 2005, has built a strong reputation as a manufacturer and exporter of high-quality 100% cotton yarn, including both combed and carded varieties. By 2012, the company achieved a production capacity of approximately 4,500 MT per year, supported by 26,314 spindles. With a focus on quality and compliance with international standards, Avi Ansh has earned the trust of both domestic and global buyers. Branded as Pooja Gold, their yarn is known for its exceptional softness, strength, and versatility, making it a preferred choice in the textile market.
The company has successfully vertically integrated into the knitting sector, allowing it to produce a wide range of superior fabrics in both dyed and greige forms. Equipped with state-of-the-art high-speed automatic circular knitting machines, Avi Ansh’s fabric division boasts a capacity of 1,800 MT per annum, offering various fabric types tailored to customer specifications. This strategic expansion reflects the company’s commitment to meeting the evolving demands of the textile industry while ensuring timely delivery.
The company is proactive in maintaining a competitive edge, employing advanced machinery of German and European origin, and ensuring continuous updates to its technology. By leveraging over 30 years of industry experience, Avi Ansh is dedicated to producing a diverse range of yarns at competitive prices, fulfilling customer needs effectively.
With a robust operational presence in states like Punjab, Haryana, Uttar Pradesh, and Delhi, as well as international markets in Nepal, Bangladesh, the Philippines, and Hong Kong, Avi Ansh has successfully built strong client relationships. The company’s focus on sustainability and strategic market penetration techniques positions it well for future growth. By not only supplying yarns but also producing a variety of fabrics tailored to current fashion trends, Avi Ansh Textile Limited continues to thrive in the dynamic textile sector.
Avi Ansh Textile Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:
  1. To meet Working Capital requirements
  2. Term Loan Repayment 
  3. General Corporate Purpose

Checklist

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Avi Ansh Textile Limited Contact Details

Company NameAvi Ansh Textile Limited

How to apply for Avi Ansh Textile Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Avi Ansh Textile IPO FAQs

Investors can apply for the Avi Ansh Textile Limited through their Demat account via the stock exchange or through their broker.
The issue size of the Avi Ansh Textile Limited is 26 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Avi Ansh Textile Limited will be open between 2024-09-20 and 2024-09-24.
Avi Ansh Textile Limited allotment date is 2024-09-25. For Avi Ansh Textile Limited allotment status check, you can visit the website of the registrar of the IPO.
For Avi Ansh Textile Limited, the IPO registrar is Skyline Financial Services Private Limited. You can check Avi Ansh Textile Limited allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Avi Ansh Textile Limited shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Avi Ansh Textile Limited lot size is 2000 and minimum order quantity is 2000.
Avi Ansh Textile Limited has set the price band for its IPO at 62 per equity share with a face value of 10.