United Cotfab Limited was incorporated in 2015. United Cotfab Limited IPO subscription opens from 13 June 2024 and issue closes on 19 June 2024. IPO Face value is Rs.10 per share. IPO Issue bid size is Rs.70 per share. The lot size is 2000 shares per lot. This is a Fixed Price Issue IPO.
- United Cotfab Limited Total Issue Size is, 5,184,000 shares and company wants to aggregate up to ₹ 36.29 Cr.
- Company Share Holding, Pre Issue is 12,006,000 shares.
- Company Share Holding, Post Issue will be 17,190,000 shares.
- This IPO is Listing at BSE SME, on 24 June 2024.
Beeline Capital Advisors Pvt Ltd is the book-running lead manager for the United Cotfab IPO, with Purva Sharegistry India Pvt Ltd serving as the issue registrar. Spread X Securities is acting as the market maker for this IPO.
United Cotfab Limited IPO Timeline :
- United Cotfab Limited IPO issue opens on 13 June and closes on 19 June 2024.
- Cut Off Time of UPI Payment is, 5pm on 19 June 2024.
- IPO Issue Basis of Allotment is, 20 June 2024.
- Who did not get the allotment of shares, Refunds Initiation begins from 21 June 2024.
- Who got the allotment, Shares will be Credited in their Demat Account by 21 June 2024.
- Finally IPO lists on 24 June 2024.
This is the IPO timeline of United Cotfab Limited IPO.
United Cotfab Limited IPO Reservations for Investor Categories :
Retail Shares Offered Not more than 50% of the Net Issue.
Others Offered Not more than 50% of the Net Shares Issue.
United Cotfab Limited IPO Lot Size Minimum to Maximum allotment for Investors :
- Retail Investor can apply for Minimum, 1 lot which has 2000 shares and investing amount ₹ 140,000.
- Retail Investor Maximum apply for 1 lot, 2000 shares, amount ₹ 140,000.
- HNI Investor Minimum 2 lot, 4000 shares, amount ₹ 280,000.
An Intro About United Cotfab Limited:
Founded in 2015, This Company specializes in producing high-quality open-end yarn for the textile industry. Its clientele comprises textile manufacturers, garment exporters, and distributors.
United Cotfab’s product portfolio features Open End Cotton Yarn and Cotton Yarn.
The company’s manufacturing process adheres to stringent quality standards, supported by advanced technology and machinery.
Located in Taluka, Ahmedabad, United Cotfab’s manufacturing facility has an installed capacity of approximately 9,125 metric tons per annum.
As of March end’s, the company has about 118 Employees ( ln March 2024) .
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How to apply for United Cotfab Limited IPO Subscription ?
There are some simple steps to follow
- First go to your brokers website and login there
- 2nd after login see the IPO section and click there
- 3rd click the United Cotfab Limited IPO Service Bid button here
- 4th enter and confirm your UPI id here, Fill quantity and price than submit this application form.
- 5th Now visit your UPI app page and approve the amount transaction.
- 6th Now Finally IPO Bidding process is completed. Now you have subscribed for this IPO application.