
Textiles & Apparel · NSE
Founded in April 2005, Avi Ansh Textile Limited is a leading manufacturer and exporter of 100% cotton yarn, specializing in combed and carded varieties across different counts. With ISO 14001:2015 and ISO 9001:2015 certifications, the company prioritizes both quality and environmental responsibility. Operating spinning factories with 26,000 spindles, it produces around 4,500 metric tons of yarn annually, ranging from 20s to 40s counts. Supplying both domestic and international markets, Avi Ansh caters to diverse customer needs with high-quality yarns and fabrics. As of September 2024, the company employs 281 people, ensuring smooth operations and a strong market presence.
Price Band
₹62
Issue Size
₹25.99 Cr
Lot Size
2000 shares
GMP
+3.2%
Est. Listing
₹64
at current GMP
Subscribed
8.50x
overall
Open
20 Sep 2024
Close
24 Sep 2024
Allotment
25 Sep 2024
Refund
26 Sep 2024
Demat Credit
27 Sep 2024
Listing
27 Sep 2024
Overall Subscription
8.50x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
5.38x
High Net-Worth
Retail (RII)
11.61x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 1,990,000 | 10,714,000 | 5.38x |
| RETAIL | 1,990,000 | 23,110,000 | 11.61x |
| Total | 3,980,000 | 33,824,000 | 8.50x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 734 | 8,522 | 11.61x |
| HNIs (10L +) | 5 | 27 | 5.38x |
| HNIs (2-10L) | 22 | 118 | 5.38x |
| Total Applications | 761 | 8,667 | 11.39x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Avi Ansh Textile Limited is bringing an initial public offering (IPO) in the Textiles & Apparel sector with an aggregate issue size of ₹25.99 Crores. The shares are offered at a price band of ₹62 to ₹62 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-09-24, the basis of allotment is scheduled to be finalized on 2024-09-25. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Avi Ansh Textile Limited IPO is ₹2 per equity share. Based on the upper price band of ₹62 to ₹62 per equity share, the estimated listing price is ₹64 (+3.2% expected listing gain).
With a lot size of 2000 shares and current GMP of ₹2, the expected profit per application lot is approx ₹4,000 (+3.2% gain). Minimum application cost is approx ₹1,24,000.
The Avi Ansh Textile Limited IPO aggregate issue size is ₹25.99 Crores with an equity price band set at ₹62 to ₹62 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,24,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 8.50x (Retail: 11.61x, QIB: 0.00x, NII: 5.38x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2024-09-25. Investors can verify status using PAN card or application number.
Avi Ansh Textile Limited shares are scheduled to list on NSE on 2024-09-27.