Artedz Fabs Limited IPO

Artedz Fabs Limited Profile:

Artedz Fabs Limited IPO News, Allotment Status. Listing DateArtedz Fabs Limited is incorporated in 2006 based out of Mumbai with the manufacturing unit located in Bhiwandi, Maharashtra. The company has a 12-year-old concern involved in the manufacturing of cotton fabrics.
They are a leading manufacturer of cotton yarn dyed fabrics in India. Along with the professional experience in the textile industry coupled with cutting edge technology in the manufacturing unit. They are passionately providing fashion-forward designs and high-quality products to customers.
The manufacturing unit of Artedz Fabs has been set up with state of art machinery, which meets the international product standards. With warping equipment from India and Italy and weaving machines from German and Spain, their humidified unit comprises of high-speed Airjet looms and Rapiers. With the best manufacturing technology of Artedz manufactures the high-quality elegant shirting and suiting fabrics in a variety of blends, weaves, and widths.
The company also engage all types of weaving units, ranging from conventional looms to modern looms from time to time to increase the production. Their products are 100% custom made to suit the client’s need. Their hands-on Design Team works closely with the Research and Development department to come up with fresh and trend-setting developments every season. They always make it a point to ensure that the quality standards are completely met by conducting a strict inspection at all the stages of production thus offering high-quality products.

Artedz Fabs Limited Promoters:

The Promoter of the company are Kashyap Gambhir and Satbinder Singh Gill.

Artedz Fabs Limited IPO details:

Symbol: ARTEDZ

Issue Size: The Public Offer of up to 23,10,000 Equity Shares (includes 1,20,000 market maker portion)

Face Value: Rs. 10

Price Range: Rs. 34 to Rs. 36

Issue Type: 100 % Book-Building

Bid Lot: 3,000 equity shares and in multiples thereof.

Minimum Order Quantity: 3000 Equity Shares

Issue Period: 18-Mar-2019 to 20-Mar-2019

Maximum Subscription Amount for Retail Investor: Rs. 2, 00,000

Name of the Registrar: Bigshare Services Private Limited

IPO Market Timings: 10.00 a.m. to 5.00 p.m.

Listing at: NSE SME

Artedz Fabs Limited Financials:

                    Artedz Fabs’ consolidated financial performance (in INR crore)         
FY2014 FY2015 FY2016 FY2017 FY2018 H1 FY2019
Total revenue 26.52 30.98 38.78 53.11 64.34 36.63
Total expenses 27.17 32.11 39.30 50.52 59.35 33.12
Profit after tax -0.45 -0.77 -0.36 1.79 3.52 2.54

Artedz Fabs Limited Allotment Status:

Artedz Fabs Limited IPO Allotment Date: N/A
Artedz Fabs Limited IPO Listing Date: N/A

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