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Vaxtex Cotfab Ltd.

Vaxtex Cotfab Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹24
₹24
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹24
Based on GMP
Min. Investment
₹144,000
1 lot × 6000 shares
Subscribed
1.00x
Over-subscribed
Check Allotment
IPO Details
Open Date
27 Dec 2019
Close Date
03 Jan 2020
Allotment
08 Jan 2020
Listing Date
13 Jan 2020
Exchange
NSE SME
Price Band
₹24
Listing Price
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Allotment Status
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Price Band
₹24
Per share
Face Value
₹10 per share
 
Lot Size
6,000 Shares
per lot
Issue Size
15,96,000 shares (aggregating up to ₹3.83 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹144,000
1 lot
Pre-IPO Holding
44,27,500 shares
Promoters
Post-IPO Holding
60,23,500 shares
Promoters
UPI Deadline
2020-01-03
Mandate
Anchor AllotmentThu, 26 Dec 2019
Basis of AllotmentWed, 08 Jan 2020
Refund InitiationThu, 09 Jan 2020
Demat CreditFri, 10 Jan 2020
Listing DayMon, 13 Jan 2020
UPI Mandate Deadline2020-01-03
Sale TypeFresh Capital
Net Offer to Public15,12,000 shares (aggregating up to ₹3.63 Cr)
Market Maker Quota84,000 shares (aggregating up to ₹0.2016 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Vaxtex Cotfab Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 03 Jan 2020.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
84,000
 — ₹0.20
QIB
Over 1.00x
— — —
NII / HNI
Over 1.00x
— — —
Retail
Over 1.00x
— — —
Total 1.00x
1,596,000
 100% ₹3.83
IPO Shares Offered
Vaxtex Cotfab Ltd. IPO total issue size: ₹3.83 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 84,000 ₹0.20
5.26%
Total 1,596,000 ₹3.83
100.00%
* Based on upper price band ₹24 per share
Lot Size & Investment
Lot Size
6,000
Shares per Lot
Issue Price
₹24.00
Upper Band
Min Investment
₹144,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)212,000₹288,000
Retail (Max — 13 Lots)1378,000₹1,872,000
S-HNI (Min — 14 Lots)1484,000₹2,016,000
B-HNI (Min — 68 Lots)68408,000₹9,792,000
* Issue Price ₹24 × Lot Size 6,000 shares
IPO Schedule
Anchor
26 Dec 2019
✓ Done
IPO Open
27 Dec 2019
✓ Done
IPO Close
03 Jan 2020
✓ Done
Allotment
08 Jan 2020
✓ Done
Refunds
09 Jan 2020
✓ Done
Demat Credit
10 Jan 2020
✓ Done
Listing Day
13 Jan 2020
✓ Done
Vaxtex Cotfab Ltd. — Live Price LIVE
₹24.00
INR · NSE
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Issue ₹24.00 Live Price
About Vaxtex Cotfab Ltd.
Incorporated in 2005, Ahmedabad based Vaxtex Cotfab Limited is engaged in the business of Textile processing of fabric and trading. The Company does Processing (dyeing and finishing) of grey fabrics for shirting, suiting, and other accessories. It also works on an outsourcing basis for other fabric/garment companies.Vartex has a processing unit and a Packing and Storage unit located at Narol, Ahmedabad in Gujarat. The installed capacity of the processing unit is 12,00,000 meters/month for processing of various fabrics from natural and man-made fibres specializing in 100% cotton, Giza & Supima cotton blended fabrics, polyester viscose and polyester cotton. The company undertakes corporate orders for Finished Fabrics from brands.It also has a dedicated in-house Testing and Quality Control Team which undertakes testing and quality management.Competitive Strengths1. Strategic location advantage in Ahmedabad, Gujarat2. Experienced promoters3. Strong technical capabilities for maintaining high product quality4. Sound financial track record with revenues showing an increase of 581.84% and313.99% in 2016-17 and 2017-18.
Objects of the Issue
1
1 To acquire the Machinery
2
2 To meet Working Capital Requirements
3
3 General corporate purpose and
4
4 To meet the issue expenses
Vaxtex Cotfab Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹1,846.6
31-Mar-18
₹2,201.8
31-Mar-19
₹454.5
30-Jun-19
Profit After Tax (PAT)
₹17.1
31-Mar-18
₹60.2
31-Mar-19
₹33.6
30-Jun-19
Particulars30-Jun-1931-Mar-1931-Mar-18
Revenue from Operations 454.46 2201.80 1846.63
EBITDA N/A N/A N/A
Profit After Tax (PAT) 33.58 60.20 17.09
Net Worth N/A N/A N/A
Total Assets 1969.99 1350.29 1018.76
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A — —
PAT Margin (%) N/A — —
Issue Structure & Shareholding
Total Shares Offered15,96,000 (100.00%)
Net Offer to Public15,12,000 shares (aggregating up to ₹3.63 Cr)
Reserved for Market Maker84,000 shares (aggregating up to ₹0.2016 Cr)
Pre-Issue Promoter Holding44,27,500 shares
Post-Issue Promoter Holding60,23,500 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Capital Square Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Vaxtex Cotfab Ltd. IPO subscribed? ▲

Vaxtex Cotfab Ltd. IPO is subscribed 1.00 times by Jan 03, 2020. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Vaxtex Cotfab Ltd. IPO retail subscription status? ▼

The Vaxtex Cotfab Ltd. IPO retail category is subscribed 1.00 times as of 03 Jan 2020. The retail portion is oversubscribed.

How to subscribe Vaxtex Cotfab Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 27 Dec 2019 and closes 03 Jan 2020. Min investment: ₹144,000 (1 lot = 6,000 shares). UPI mandate: 2020-01-03.

How many times Vaxtex Cotfab Ltd. IPO subscribed? ▼

The Vaxtex Cotfab Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Vaxtex Cotfab Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 08 Jan 2020. Refunds: on 09 Jan 2020.

When Vaxtex Cotfab Ltd. IPO will be listed? ▼

The Vaxtex Cotfab Ltd. IPO listing date is 13 Jan 2020, Monday. Listed on: NSE SME. Issue price: ₹24. Estimated listing: ₹24. GMP: NIL.

When Vaxtex Cotfab Ltd. IPO close? ▼

The Vaxtex Cotfab Ltd. IPO closes on 03 Jan 2020, Friday. UPI mandate: 2020-01-03. Allotment: 08 Jan 2020. Listing: 13 Jan 2020.

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Live Price LIVE
Last Price₹24.00
Change—
Issue Price₹24.00
vs Issue—
Quick Summary
StatusListed
Issue Price₹24
Face Value₹10
Lot Size6,000 Sh
Min. Amount₹144,000
GMPNIL
Est. Listing₹24
Subscribed1.00x
Open Date27 Dec 2019
Close Date03 Jan 2020
Allotment08 Jan 2020
Listing Date13 Jan 2020
ExchangeNSE SME
UPI Deadline2020-01-03