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Anand Rayons Limited

Incorporated in 1987, Anand Rayons Limited, founded by Mr. Gokul Bakshi, is engaged in trading yarns and value-added yarns, including polyester filament yarns, nylon yarns, fancy yarns, and dope-dyed yarns. Initially focused on trading polyester yarn with Reliance Industries Limited in and around Surat, Gujarat, the company has since expanded its dealership network to include JCT Limited for nylon yarn, and Indorama Synthetics India Limited, Filatex India Limited, and Garden Silk Mills Limited for polyester yarn. Its yarns are widely used in saree weaving, yarn dyeing, elastic tapes, carpets, and dress and shirting materials. While currently operating primarily in Surat, Anand Rayons plans to expand its trading business to other states like Maharashtra, Delhi, Karnataka, and Uttar Pradesh, with its R&D team developing specialized products such as twisted yarn, sheath-core yarn, and bi-shrinkage yarn for geo-textile applications.

₹27 - ₹27Open
Listed Price28.25
Listing Gain+4.63%
TimelineFixed Price IPO
Open18 Jun 2019
Close24 Jun 2019
Allotment28 Jun 2019
Listing02 Jul 2019

Quota Reservation Portions

Market MakerPortion: 2,40,000 shares
5.12%
HNIPortion: 22,24,000 shares
47.44%
RetailPortion: 22,24,000 shares
47.44%

Minimum Application Bracket Matrix

Retail1 lots / 4,000 shares
₹1,08,000
HNI2 lots / 8,000 shares
₹2,16,000

About the Company

Incorporated in 1987, Anand Rayons Limited, founded by Mr. Gokul Bakshi, is engaged in trading yarns and value-added yarns, including polyester filament yarns, nylon yarns, fancy yarns, and dope-dyed yarns. Initially focused on trading polyester yarn with Reliance Industries Limited in and around Surat, Gujarat, the company has since expanded its dealership network to include JCT Limited for nylon yarn, and Indorama Synthetics India Limited, Filatex India Limited, and Garden Silk Mills Limited for polyester yarn. Its yarns are widely used in saree weaving, yarn dyeing, elastic tapes, carpets, and dress and shirting materials. While currently operating primarily in Surat, Anand Rayons plans to expand its trading business to other states like Maharashtra, Delhi, Karnataka, and Uttar Pradesh, with its R&D team developing specialized products such as twisted yarn, sheath-core yarn, and bi-shrinkage yarn for geo-textile applications.

Company Promoters

Mr. Anand Bakshi
Anand Rayons Limited IPO Details | GMP, Allotment & Financials | IPO Trending