
Consumer Discretionary · NSE
Artedz Fabs Limited, founded in 2006 and based in Mumbai, is engaged in the manufacturing and trading of cotton yarn dyed fabrics mainly used for suiting and shirting, serving both domestic and international markets; the company operates a manufacturing unit in Bhiwandi, Maharashtra, with an annual capacity of about 21 lakh square meters and offers a wide product range including cotton, linen, polyester, nylon, and blended fabrics, supported by an in-house design team and specialization in grey fabrics, while following a just-in-time production model that helps reduce inventory and control costs, focusing primarily on men’s wear for all seasons and planning to expand into women’s wear, with most of its customers being textile traders who supply fabric to apparel manufacturers.
Price Band
₹34 – ₹36
Issue Size
₹8.32 Cr
Lot Size
3000 shares
GMP
Est. Listing
₹36
at current GMP
Subscribed
—
Open
18 Mar 2019
Close
20 Mar 2019
Allotment
27 Mar 2019
Refund
28 Mar 2019
Demat Credit
29 Mar 2019
Listing
29 Mar 2019
Designated Registrar: Bigshare Services Private Limited
Allotment Date
27 Mar 2019
Basis finalization
Refunds Initiate
28 Mar 2019
Mandate release
Demat Credit
29 Mar 2019
Shares in demat
Listing Debut
29 Mar 2019
Trading begins
Artedz Fabs Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹8.32 Crores. The shares are offered at a price band of ₹34 to ₹36 per equity share on NSE. 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 3000 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 2019-03-29, while un-allotted funds or UPI block mandates will be released on 2019-03-28.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.