Table of Contents
- United Cotfab IPO Date And Details
- United Cotfab Limited Financial Report
- United Cotfab Limited KPI
- United Cotfab IPO Valuation
- Peer Group
- Company Promoters
- United Cotfab IPO Registrar
- United Cotfab IPO Allotment Status Check
- Company Address
- United Cotfab IPO Review
- United Cotfab IPO FAQs
United Cotfab IPO Date: United Cotfab Limited is going to launch its IPO on June 13, 2024. During this IPO, the company aims to raise around ₹36.29 crores. This amount will be collected through a combination of 51.84 lakh new shares. Each share will have a face value of ₹10.
The IPO has been divided into different categories. The retail investors, like you and me, will have access to 50% of the shares available. And High Net Worth Individuals (HNIs) will have access to 50%.
United Cotfab IPO Date And Details
| IPO Open: | June 13, 2024 |
| IPO Close: | June 19, 2024 |
| IPO Size: | ₹36.29 Crores |
| Fresh Issue: | ₹36.29 Crores |
| Offer for Sale: | NA. |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹70 Per Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% |
| QIB Quota: | NA |
| NII Quota: | 50% |
| RHP (Red Herring Prospectus) : | Click Here |
All Upcoming IPO Please Visit – IPO mint
United Cotfab IPO Lot Size
For the United Cotfab IPO, investors can buy a minimum lot of 1000 shares, necessitating an application amount of ₹121,000. Retail investors have the option to apply for up to 1 lot, which equates to 1000 shares or a total amount of ₹121,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹121,000 |
| Retail Maximum | 1 | 1000 | ₹121,000 |
| S-HNI Minimum | 2 | 2000 | ₹242,000 |
| B-HNI Minimum | 2 | 2000 | ₹242,000 |
United Cotfab IPO Subscription, Allotment & Listing Dates (Tentative)
The United Cotfab IPO is scheduled to open on June 13, 2024, and close on June 19, 2024. The allotment of shares for the IPO will be finalized on June 20, 2024, with the listing on the BSE SME also planned for June 24, 2024.
| IPO Open Date: | June 13, 2024 |
| IPO Close Date: | June 19, 2024 |
| Basis of Allotment: | June 20, 2024 |
| Refunds: | June 21, 2024 |
| Credit to Demat Account: | June 21, 2024 |
| IPO Listing Date: | June 24, 2024 |
United Cotfab Limited Financial Report
| Year | Revenue (₹) | Expenses (₹) | Profit After Tax (PAT) (₹) |
|---|---|---|---|
| March 31, 2022 | – | ₹0.11 | –₹ 0.11 |
| March 31,2022 | ₹1.88 | ₹0.28 | ₹1.60 |
| March 31, 2023 | ₹64.02 | ₹43.03 | ₹13.93 |
| Sept 31, 2023 | ₹5,596.72 | ₹5,202.26 | ₹295.18 |
United Cotfab Limited KPI
| Particulars | 30-Sept-23 | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|---|
| Revenue from Operations (₹ in Lakhs) | 5,584.17 | 44.20 | – | – |
| Gross Profit (₹ in Lakhs) | 1,064.79 | 3.62 | – | – |
| Gross Profit Margin (%) | 19.07% | 8.19% | NA | NA |
| EBITDA (₹ in Lakhs) | 656.55 | 1.17 | (0.28) | (0.11) |
| EBITDA Margin (%) | 11.76% | 2.65% | – | – |
| Profit After Tax (₹ in Lakhs) | 295.18 | 13.93 | 1.60 | (0.11) |
| PAT Margin (%) | 5.29% | 31.51% | – | – |
| RoE (%) | 25.74% | 1.66% | 0.47% | -40.91% |
| RoCE (%) | 10.32% | 0.04% | -0.04% | -0.11% |
| Net Fixed Asset Turnover (In Times) | 1.42 | 0.02 | 0.00 | – |
| Operating Cash Flows (₹ in Lakhs) | 73.66 | (232.76) | (687.74) | 19.95 |
United Cotfab IPO Valuation
United Cotfab IPO Valuation as FY year 2023
| Earning Per Share (EPS): | ₹3.43 per Equity Share |
| P/E Ratio: | 20.38 |
| Return on Net Worth (RoNW): | 10.32% |
| Net Asset Value (NAV): | ₹ 12.64 per Equity Share |
Peer Group
- Lagnam Spintex Limited
- PBM Polytex Limited
- Vippy Spinpro Limited
Company Promoters
- Mr. Nirmalkumar Mangalchand Mittal
- Mr. Gagan Nirmalkumar Mittal
United Cotfab IPO Registrar
Purva Sharegistry (India) Private Limited
Address: 9 Shiv Shakti Industrial Estate,
J.R. Boricha Marg, Near Lodha Excelus, Lower Parel
East, Mumbai – 400 011, Maharashtra, India.
Tel. Number: +91 022 4961 4132 / 3199 8810
Fax- +91 022 2301 2517
Email Id: support@purvashare.com
Website: www.purvashare.com
United Cotfab IPO Allotment Status Check
Check the United Cotfab IPO allotment status on the Purva Sharegistry (India) Private Limited website allotment URL. Click Here
United Cotfab IPO Lead Managers
Beeline Capital Advisors Private Limited
Shilp Corporate Park, B Block, 13th Floor,
B-1311-1314, Near Rajpath Club,
Rajpath Rangoli Road, S.G. Highway,
Ahmedabad, Gujarat- 380054.
Telephone Number: 079 4840 5357
Email Id: mb@beelinemb.com
Website: www.beelinemb.com
Company Address
United Cotfab Limited
Survey No. 191, Village-Timba,
Taluka-Dascroi, Timba
Ahmedabad, Dascroi -382425
Phone: +91 987987 4955
Email: info@unitedcotfab.com
Website: https://www.unitedcotfab.com/
United Cotfab IPO Review
The last quarter’s result is good. The previous quarter’s results are not good and high competitive industry. (Before any investment do your analyses or consult any SEBI registered advisors.
United Cotfab IPO FAQs
The United Cotfab IPO will open on June 13, 2024, and close on June 19, 2024.
United Cotfab Limited aims to raise ₹36.29 crores through this IPO.
Each share has a face value of ₹10 and an IPO price band of ₹70 per share.
The IPO will be listed on the BSE SME (Small and Medium Enterprises) platform.
