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COTFABSME / BSEListed
United Cotfab

Founded in 2015, United Cotfab Limited manufactures high-quality open-end cotton yarn for the textile industry. They supply yarn to textile manufacturers, garment exporters, and distributors. The company produces Open End Cotton Yarn and Cotton Yarn using advanced technology and strict quality standards. Their manufacturing unit, located in Taluka, Ahmedabad, has a production capacity of around 9125 metric tons per year. As of March 31, 2024, the company has a dedicated team of 118 employees.

DRHP
₹70 - ₹70107.22x sub
Listed Price₹75.00
Listing Gain+7.14%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open13 Jun 2024
Close19 Jun 2024
Allotment20 Jun 2024
Listing24 Jun 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail24,62,000 shares
47.5%
Other24,62,000 shares
47.5%
Market Maker2,60,000 shares
5.02%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,40,000
HNI2 Lots (4,000 shares)
₹2,80,000

Company Promoters

Mr. Nirmalkumar Mangalchand MittalMr. Gagan Nirmalkumar Mittal

Company Background

Founded in 2015, United Cotfab Limited manufactures high-quality open-end cotton yarn for the textile industry. They supply yarn to textile manufacturers, garment exporters, and distributors. The company produces Open End Cotton Yarn and Cotton Yarn using advanced technology and strict quality standards. Their manufacturing unit, located in Taluka, Ahmedabad...

Lead Managers & Bankers

Beeline Capital Advisors Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-24)₹11552.74 Cr
Revenue Trend (₹ in Crores)
0.04.4k8.9k13.3kMar-21Mar-22Mar-23Mar-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-2411,552.74866.658,168.464,750.93
Mar-2364.0213.935,367.713,821.18
Mar-221.881.601,559.95773.47
Mar-210-0.11107.10106.50

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-247.9772.76%26.95%8.780
Mar-230.141.66%0.04%00
Mar-220.020.47%-0.04%00

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: Purva Sharegistry India Private Limited

Allotment Finalized
Allotment Date
20 Jun 2024
Official Status
Out / Finalized
Registrar
Purva Sharegistry India Private Limited
Listing Date
24 Jun 2024

Official Allotment Verification Links

Official Registrar Portal
Purva Sharegistry India Private Limited

Direct allotment verification on the official registrar portal appointed for United Cotfab. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization20 Jun 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date24 Jun 2024Trading commences on exchange

How to Check United Cotfab Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select United Cotfab from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About United Cotfab IPO

Complete issue overview for United Cotfab (COTFAB) IPO. The issue features an equity share price band of ₹70 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,40,000). 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.

Frequently Asked Questions