United Cotfab Limited
ListedSMETextiles · BSE
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.
Price Band
₹70
Issue Size
₹36.29 Cr
Lot Size
2000 shares
GMP
₹13
+18.6%
Est. Listing
₹83
at current GMP
Subscribed
107.22x
overall
Open
13 Jun 2024
Close
19 Jun 2024
Allotment
20 Jun 2024
Refund
21 Jun 2024
Demat Credit
22 Jun 2024
Listing
24 Jun 2024
Last updated 12 days ago
Overall Subscription
107.22x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
137.21x
High Net-Worth
Retail (RII)
77.22x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 2,462,000 | 337,816,000 | 137.21x |
| RETAIL | 2,462,000 | 190,114,000 | 77.22x |
| Total | 4,924,000 | 527,930,000 | 107.22x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 907 | 70,039 | 77.22x |
| HNIs (10L +) | 6 | 823 | 137.21x |
| HNIs (2-10L) | 28 | 3,842 | 137.21x |
| Total Applications | 941 | 74,704 | 79.39x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About United Cotfab Limited Public Issue & Market Profile
United Cotfab Limited is bringing an initial public offering (IPO) in the Textiles sector with an aggregate issue size of ₹36.29 Crores. The shares are offered at a price band of ₹70 to ₹70 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.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,40,000 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 Schedule:
Allotment reconciliation will be managed by Purva Sharegistry India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-06-22, while un-allotted funds or UPI block mandates will be released on 2024-06-21.
Frequently Asked Questions
What is United Cotfab Limited IPO GMP today?
The latest Grey Market Premium (GMP) for United Cotfab Limited IPO is ₹13 per equity share. Based on the upper price band of ₹70 to ₹70 per equity share, the estimated listing price is ₹83 (+18.6% expected listing gain).
What is the expected profit per lot for United Cotfab Limited IPO?
With a lot size of 2000 shares and current GMP of ₹13, the expected profit per application lot is approx ₹26,000 (+18.6% gain). Minimum application cost is approx ₹1,40,000.
What is the issue size and price band for United Cotfab Limited IPO?
The United Cotfab Limited IPO aggregate issue size is ₹36.29 Crores with an equity price band set at ₹70 to ₹70 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,40,000.
How can I check United Cotfab Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 107.22x (Retail: 77.22x, QIB: 0.00x, NII: 137.21x). You can track live multiples directly on our dedicated subscription page.
Where and when will United Cotfab Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Purva Sharegistry India Private Limited) and the BSE status verification website on or around 2024-06-20. Investors can verify status using PAN card or application number.
When is the listing date for United Cotfab Limited IPO?
United Cotfab Limited shares are scheduled to list on BSE on 2024-06-24.