
Materials & Textiles · BSE
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.
Price Band
₹27
Issue Size
₹13.00 Cr
Lot Size
4000 shares
GMP
Est. Listing
₹27
at current GMP
Subscribed
—
Open
18 Jun 2019
Close
24 Jun 2019
Allotment
28 Jun 2019
Refund
29 Jun 2019
Demat Credit
30 Jun 2019
Listing
2 Jul 2019
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 2,407,407 | — | 0.00x |
| Non-Institutional (NII / HNI) | 722,222 | — | 0.00x |
| Retail Individual (RII) | 1,685,185 | — | 0.00x |
| Total | 4,814,814 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 421 | 421 | 1.00x |
| HNIs (10L +) | 3 | 3 | 1.00x |
| HNIs (2-10L) | 13 | 13 | 1.00x |
| Total Applications | 437 | 437 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Anand Rayons Limited is bringing an initial public offering (IPO) in the Materials & Textiles sector with an aggregate issue size of ₹13 Crores. The shares are offered at a price band of ₹27 to ₹27 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 4000 shares (approx. ₹1,08,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2019-06-30, while un-allotted funds or UPI block mandates will be released on 2019-06-29.
Currently, Anand Rayons Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹27 to ₹27 per equity share.
The retail lot size is 4000 shares requiring a minimum application amount of ₹1,08,000. Expected listing price is ₹27 per equity share.
The Anand Rayons Limited IPO aggregate issue size is ₹13 Crores with an equity price band set at ₹27 to ₹27 per equity share. The retail lot size is 4000 shares requiring a minimum capital outlay of approx. ₹1,08,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2019-06-28. Investors can verify status using PAN card or application number.
Anand Rayons Limited shares are scheduled to list on BSE on 2019-07-02.