
Textiles & Apparel · NSE
Vaxtex Cotfab Limited, established in 2005 and based in Ahmedabad, Gujarat, is engaged in textile processing and fabric trading, with a primary focus on dyeing and finishing grey fabrics used for shirting, suiting, and related accessories. The company also undertakes outsourced processing work for other fabric and garment manufacturers. Its processing and packing facilities are located in Narol, Ahmedabad, with a monthly processing capacity of about 12,00,000 meters, handling fabrics made from natural and synthetic fibres such as 100% cotton, Giza and Supima cotton blends, polyester viscose, and polyester cotton. Vaxtex serves corporate clients and well-known brands for finished fabric requirements and maintains product quality through a dedicated in-house testing and quality control team.
Price Band
₹24
Issue Size
₹4.00 Cr
Lot Size
6000 shares
GMP
Est. Listing
₹24
at current GMP
Subscribed
—
Open
27 Dec 2019
Close
3 Jan 2020
Allotment
8 Jan 2020
Refund
9 Jan 2020
Demat Credit
10 Jan 2020
Listing
13 Jan 2020
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) | 833,333 | — | 0.00x |
| Non-Institutional (NII / HNI) | 250,000 | — | 0.00x |
| Retail Individual (RII) | 583,333 | — | 0.00x |
| Total | 1,666,666 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 97 | 97 | 1.00x |
| HNIs (10L +) | 1 | 1 | 1.00x |
| HNIs (2-10L) | 3 | 3 | 1.00x |
| Total Applications | 101 | 101 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Vaxtex Cotfab Limited is bringing an initial public offering (IPO) in the Textiles & Apparel sector with an aggregate issue size of ₹4 Crores. The shares are offered at a price band of ₹24 to ₹24 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 6000 shares (approx. ₹1,44,000 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 2020-01-10, while un-allotted funds or UPI block mandates will be released on 2020-01-09.
Currently, Vaxtex Cotfab 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 ₹24 to ₹24 per equity share.
The retail lot size is 6000 shares requiring a minimum application amount of ₹1,44,000. Expected listing price is ₹24 per equity share.
The Vaxtex Cotfab Limited IPO aggregate issue size is ₹4 Crores with an equity price band set at ₹24 to ₹24 per equity share. The retail lot size is 6000 shares requiring a minimum capital outlay of approx. ₹1,44,000.
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 2020-01-08. Investors can verify status using PAN card or application number.
Vaxtex Cotfab Limited shares are scheduled to list on NSE on 2020-01-13.