IPO Trending
ARLSME / BSEListed
Anand Rayons

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 Price₹28.25
Listing Gain+4.63%

IPO Schedule & Timeline

Fixed Price IPO
Open18 Jun 2019
Close24 Jun 2019
Allotment28 Jun 2019
Listing02 Jul 2019

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker2,40,000 shares
5.12%
HNI22,24,000 shares
47.44%
Retail22,24,000 shares
47.44%

Minimum Application Lots

Retail1 Lot (4,000 shares)
₹1,08,000
HNI2 Lots (8,000 shares)
₹2,16,000

Company Promoters

Mr. Anand Bakshi

Company Background

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 ...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jan-19)₹23176.44 Cr
Growth+5.4%
Revenue Trend (₹ in Crores)
0.010.4k20.7k31.1kMar-16Dec-17Mar-18Jan-19
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jan-1923,176.44172.416,103.460
Mar-1825,959.08145.145,942.080
Dec-1727,062.38104.705,809.050
Mar-1621,992.2345.733,796.060

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
28 Jun 2019
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
02 Jul 2019

Official Allotment Verification Links

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Bigshare Services Private Limited

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Allotment Schedule & Milestones

IST
1. Allotment Finalization28 Jun 2019Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date02 Jul 2019Trading commences on exchange

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About Anand Rayons IPO

Complete issue overview for Anand Rayons (ARL) IPO. The issue features an equity share price band of ₹27 per share with a minimum retail lot size of 4000 Shares (minimum application amount of ₹1,08,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

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