Listed Price₹75.00
Listing Gain+7.14%
Price Band₹70
Lot Size2,000 shares
Min Bid₹1,40,000
Subscription107.22x
Listed Market Snapshot
₹75.00Listed price from market data
+7.14%listing gain
Issue Amount
₹36.29 Cr
Listed Price
₹75.00
Current Price
₹16.99
Registrar
Purva Sharegistry India Private Limited
Timeline•Fixed Price Issue IPO
Open13 Jun 2024
Close19 Jun 2024
Allotment20 Jun 2024
Listing24 Jun 2024
Quota Reservation Portions
RetailPortion: 24,62,000 shares
47.5%OtherPortion: 24,62,000 shares
47.5%Market MakerPortion: 2,60,000 shares
5.02%Minimum Application Bracket Matrix
Retail1 lots / 2,000 shares
₹1,40,000HNI2 lots / 4,000 shares
₹2,80,000About the Company
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.
Company Promoters
Mr. Nirmalkumar Mangalchand MittalMr. Gagan Nirmalkumar Mittal
Lead Managers
Registrar
Purva Sharegistry India Private Limited