AB
Cotspin
IPO
subscription
is
to
start
from
December
30,
2021,
Thursday.
The
company
to
raise
₹10.09
crores
via
SME
IPO
at
a
price
band
of
₹33
to
₹35.
The
retail
portion
of
this
IPO
is
50%,
and
HNI
is
50%
quota.
The
IPO
subscription
will
close
on
January
03,
2022,
Monday.
The
IPO
bid
for
the
IPO
is
4000
shares
that
cost
₹140,000
for
1
lot.
The
face
value
is
₹10
per
equity
share.
AB
Cotspin
is
a
manufacturer
of
cotton
yarn,
knitted
fabrics,
cottonseed
oil,
and
oilcake
products
based
in
Punjab.
The
company
reported
₹155
crores
of
revenues
in
2021
against
₹94
crores
in
2020.
The
company’s
financial
report
is
looking
good
and
stable
with
stable
profit
YOY.
Please
check
the
AB
Cotspin
IPO
details
over
here.
IPOWatch
View
We
recommend
investors
may
apply
for
an
IPO.
Investors
should
also
look
at
the
Retail
and
HNI
numbers
before
investing.
You
can
check
the
AB
Cotspin
IPO
allotment
status
here.
AB Cotspin IPO Subscription Status (Final Data)
| Category | Day 1 | Day 2 | Day 3 |
| NII | 1.07 | 0.82 | 9.45 |
| RII | 4.48 | 2.10 | 17.47 |
| Total | 2.78 | 1.46 | 13.46 |
AB
Cotspin
IPO
Date
&
Price
Band
| IPO Open: |
30
December
2021 |
| IPO Close: |
03
January 2022 |
| IPO Size: | Approx ₹10.09 Crores |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹33 to ₹35 Per Equity Share |
| Listing on: |
NSE
SME |
| Retail Quota: | 50% |
| NII Quota: | 50% |
| DRHP Draft Prospectus: |
Click
Here |
| RHP Draft Prospectus: |
Click
Here |
AB Cotspin IPO Market Lot
The
AB
Cotspin
IPO
minimum
market
lot
is
4000
shares
with
₹140,000
application
amount.
| Minimum Lot Size: |
Minimum
4000
Shares
for
1
lot |
| Minimum Amount: |
₹140,000
for
1
lot |
| Maximum Lot Size: |
Minimum
4000
Shares
for
1
lot |
| Maximum Amount: |
₹140,000 for
1
lot |
AB Cotspin IPO Time Table
The
AB
Cotspin
IPO
date
is
30
December
2021
and
the
IPO
close
date
is
03
January
2022.
The
allotment
date
is
06
January
2022
and
the
IPO
may
list
on
11
January
2022.
| IPO Open Date: |
30
December 2021 |
| IPO Close Date: | 03 January 2022 |
| Basis of Allotment: | 06 January 2022 |
| Refunds: |
07 January 2022 |
| Credit to Demat Account: |
10 January 2022 |
| IPO Listing Date: |
11 January 2022 |
AB Cotspin IPO Subscription FAQs:
When
AB
Cotspin
IPO
Subscription
will
start?
The
IPO
subscription
starts
on
30
December
2021
for
NII,
and
Retail
Investors.
How
much
AB
Cotspin
IPO
subscribed?
The
IPO
subscribed 13.46x
times
on
day
3.
What
is
AB
Cotspin
IPO
Retail
subscription
status?
The
RII
subscription
is
17.47x
on
day
3.
How
to
subscribe
AB
Cotspin
IPO?
You
can
go
with
ASBA
and
Non-ASBA
options
for
a
subscription.
Go
to
your
bank
account
and
apply
for
IPO
online
via
ASBA
or
download
the
form
online
or
get
the
physical
form
and
submit
the
filled
form
to
your
broker
or
bank.
How
do
i
check
live
AB
Cotspin
IPO
Subscription
Numbers?
One
can
visit
our
portal
for
live
IPO
subscription
numbers
that
we
are
updating
hourly
basis
from
the
official
website
NSE
and
BSE
websites.
One
can
check
the
live
subscription
on
BSE
or
NSE
website
on
the
particular
IPO
page.
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