Avi Ansh Textile IPO Date, Review, Price, Allotment Details

Avi Ansh Textile IPO Details

Avi Ansh Textile IPO IPO Market Lot

The Avi Ansh Textile IPO minimum market lot is 2000 shares with ₹124,000 application amount.

Avi Ansh Textile IPO Dates

The Avi Ansh Textile IPO date is September 20 and the close date is September 24. The Avi Ansh Textile IPO allotment will be finalized on September 25 and the IPO listing on September 27.

Promoters of Avi Ansh Textile IPO

The promoters of the company are Anil Kumar Jain, Geeta Jain, Avi Jain, G A Alloys Private Limited, S J Metals Private Limited, A K Jain .(HUF) , Sanjeev Mittal HUF. , Ramesh Mittal HUF, S C Jain, (HUF), Arihant Yarnfab Private Limited, Akanksha Jain, Ansh Jain.

About Avi Ansh Textile IPO

Punjab-based Avi Ansh Group is the leading textile company that operates in the domestic as well as international markets. They have been operating their business in the yarn sector since 2005 from year 2012, they have established their presence as the best manufacturer and exporter of 100% cotton yarn, including combed and carded cotton yarn in various counts. The company had a huge production capacity at that time was approximately 4,500MT of cotton yarn per year, with 26,314 spindles. They have done successful sales operations in multiple states like Punjab, Haryana, Uttar Pradesh, and Delhi, as well as countries like Nepal, Bangladesh, Philippines, and Hong Kong. It expanded its presence and built strong client relationships through strategic initiatives and aggressive market penetration techniques. Their maintained good quality standard for the international market has garnered trust from both domestic and international buyers.

Today, the company is equipped with high-speed automatic circular knitting machines, their fabric division can knit 1800 MT per annum of various fabric types. The company is a manufacturing house engaged in the business of manufacturing of:

Yarns – 1. 100 % Carded cotton

2. 100% Combed cotton
3. Short, medium, and long slub yarn produced With specific patterns

Fabric- 1. Single Jersey, Rib Knit, Interlock Fabric, Terry

2. Diagonal Terry, waffle, Thermal, Fleece
3. Pique, Rice Knit, Dot Knit, Nirmal Knit, Lycra Blended Fabrics
4. Dry Fit, Honeycomb Mat, Spun Matte

The company has developed heavy machines of German and European technology to get the result as well and adequate labor is employed to maintain 24-hour non-stop production at the unit.

Avi Ansh Textile IPO Company Financial Report

The company reported revenue of ₹142.15 crores in 2024 against ₹121.50 crores in 2023. The company reported a profit of ₹3.31 crores in 2024 against a profit of ₹0.29 crores in 2023.

Amount ₹ in Crores

Avi Ansh Textile IPO Valuation – FY2024

Check Avi Ansh Textile IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group Comparison

Objects of the Issue

• To meet Working Capital requirements
• Term Loan Repayment
• General Corporate Purpose

Avi Ansh Textile IPO Review

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Avi Ansh Textile IPO Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php

IPO Lead Managers aka Merchant Bankers

• 3Dimension Capital Services Limited

Company Address

Avi Ansh Textile Limited
402, 4th Floor
Aggarwal Cyber Plaza-1, Netaji Subhash Place,
Pitampura, North West-Delhi
Phone: +91-11-4142-52
Email: [email protected]
Website: https://www.avianshgroup.com/

Avi Ansh Textile IPO FAQs