United Cotfab Limited

United Cotfab Limited

listed
₹1.40LMin. investment
  1. Bid start
    13 Jun
  2. Bid end
    19 Jun
  3. Allotment
    15 Jun
  4. Release of funds
    21 Jun
  5. Demat transfer
    20 Jun
  6. Listing
    24 Jun

About United Cotfab Limited

Price range₹70.00 – ₹70.00
IPO type
SME
Lot size2000 shares
Issue size₹36.29Cr
RHP/DRHP
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About United Cotfab Limited

Incorporated in 2015, United Cotfab Limited is engaged in the business of trading cotton yarn. In April 2023, United Cotfab Limited commenced the manufacturing of open ended cotton yarn. Cotton yarn is a type of yarn that is made from cotton fibres. Cotton yarn comes in various thicknesses, known as yarn weights, which determine its suitability for different products. Common yarn weights include lace, fingering, sport, worsted, and bulky, each with its own characteristics and recommended uses. It is widely used in the textile industry for various applications, including knitting, weaving, and crocheting. Cotton yarn is known for its softness, breathability, and versatility, making it a popular choice for clothing, home textiles, and other fabric-based products.
Yarn is the end product of spinning. It is the primary component for any Cotton woven or knitted fabric. Cotton yarn is used to make different types of fabrics. In some cases, the cotton yarn is blended with some other yarn in different ratios to provide different effects like shining or to lend more elasticity to the yarn. It is the yarn count and the twisting mode of the yarn that actually determines the overall strength and look of the manufactured fabric.The manufacturing facility is at Ahmedabad in the close vicinity of the cotton rich belt of Gujarat and Maharashtra.
The small staple cotton is also available in the months of February to April. All infrastructure facilities like availability of skilled labour, raw material, technology; Communication, transportation etc. are easily available due to extensive industrialization in the area.
The end users of cotton yarn can vary across different industries. Cotton yarn is commonly used in the textile and apparel industry for making various kinds of fabrics, grey cloth and denim. It is also used in the home furnishing industry for making curtains, drapes, and other fabric-based items. Additionally, cotton yarn is utilized in the crafting and DIY sector for knitting, crocheting, and other textile-based projects. They focus on maximum capacity utilization, developing linkages with quality raw material suppliers and achieving consequent economies of scale.
United Cotfab Limited  Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives:
  1. To Meet Working Capital Requirements 
  2. General Corporate Purposes

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of United Cotfab Limited ?

The issue size of the United Cotfab Limited is 36.29 Cr.

What is 'pre-apply' for United Cotfab Limited ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will United Cotfab Limited shares list on?

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.