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Akshar Spintex Ltd. IPO
BSE SME Fixed Price IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹40
Issue Price
₹40
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹40
GMP based
Lot Size
3,000
shares / lot
Min Amount
₹120,000
1 lot · 3,000 shares
Live Price
tap to chart
Allotment
Important Dates
3/3 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
27 Apr 2018
Fri Completed
Done
Close Date
03 May 2018
Thu Completed
TBA
Allotment
TBA
TBA
TBA
Refund
TBA
TBA
TBA
Demat Credit
TBA
TBA
Done
Listing Date
11 May 2018
Fri Completed
UPI Deadline: 03 May 2018
Issue Details
Pricing & Size
Issue Price
₹40 Face ₹10
Lot Size
3,000 shares
Min Investment
₹120,000
Total Issue Size
67,47,000 shares (aggregating up to ₹26.99 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
3,45,000 (5.11%)
QIB Portion
-
NII / HNI
32,01,000 (47.44%)
Retail
32,01,000 (47.44%)
Employee
-
Net Offer to Public
64,02,000 shares (aggregating up to ₹25.61 Cr)
Shareholding Pattern
Pre-Issue Shareholding
2,40,00,000 shares
Post-Issue Shareholding
2,49,99,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 3,000 ₹1,20,000
HNI / NII 2 6,000 ₹2,40,000
Objects of Issue
2 objectives
1
1 Funding the working capital requirements of the Company
2.80 Cr
2
2 General corporate purposes
0.90 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
Market Maker
Pantomath Stock Brokers Pvt.Ltd.
IPO Timeline
Open
27 Apr
✓ Done
Close
03 May
✓ Done
Allotment
TBA
Listing
11 May
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
admin@aksharspintex.in
Phone
+9198252 13622
Address
Revenue Survey No. 102/2, Paiki, Plot No. 2, Village - Haripar, Ranuja Road, Tal - Kalavad, Jamnagar, Gujarat, 361013
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹40
Est. Listing
₹40
Lot Size
3,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Akshar Spintex Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
Div
Yld
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Akshar Spintex Ltd. is not yet listed or data is unavailable.
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| Price
Market Reference
IPO Issue Price
₹40
GMP
+₹0 (+0%)
GMP Est. Listing
₹40
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 32,01,000 (47.44%) ₹1,280.40 Cr
Retail Investors 32,01,000 (47.44%) ₹1,280.40 Cr
Total ** 67,47,000 (100.00%) ₹26,988.00 Cr
Market Maker * 3,45,000 (5.11%) ₹13.80 Cr
* Based on ₹40.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
32,01,000 (47.44%)
Retail
32,01,000 (47.44%)
Market Maker
3,45,000 (5.11%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Lakhs
Metric31-Mar-1731-Mar-1631-Mar-15
Revenue9038.945984.381561.73
PAT538.61266.9451.25
EBITDA
Net Worth
Total Assets8218.887487.827029.73
Reserves
Borrowings
About Akshar Spintex Ltd.

Incorporated in 2013, Gujarat based Akshar Spintex Limited is a company engaged in the manufacturing of cotton yarn. The company manufactures 100% cotton yarn which includes combed, semi-combed and carded yarn.

The manufacturing facility of the Company is situated in the vicinity of the rich cotton growing areas of Gujarat. The company has installed capacity of total 24,480 spindles.

The company has 216 employees on its payroll.

Frequently Asked Questions
What is the issue price of Akshar Spintex Ltd. IPO?
The issue price of Akshar Spintex Ltd. IPO is ₹40 per share, face value ₹10.
What is the lot size?
Minimum lot size is 3,000 shares, requiring ₹120,000.
What are the IPO dates?
Opens 27 Apr 2018, closes 03 May 2018.
When is the listing date?
Tentative listing: 11 May 2018 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹40 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Akshar Spintex Ltd. IPO

Check on Registrar
Post-IPO Timeline
Listing Date
11 May 2018
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹40
Face ₹10
Lot Size
3,000
shares / lot
Min Amount
₹120,000
1 lot
Est. Listing
₹40
GMP +₹0
Key Dates
Open
27 Apr Done
Close
03 May Done
Listing
11 May Done
Registrar
Bigshare Services Pvt.Ltd.
A
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