Axita Cotton Limited IPO

Axita Cotton Limited Profile

Axita Cotton Limited IPO News, Allotment Status. Listing DateAxita Cotton Limited is TUF acronym of Technical upgradation fund is a textile agency accepted by Textile ministry of India- Govt. of. India. And in addition accepted Ginning Pressing Company. The Firm is based by Mr. Nitin Patel and Kushal Patel.

The founders are concerned in growth and export of highest quality cotton bales and cotton seeds. They’re professionally managed firm having giant community and infrastructure within the house company is provided with state-of-art infrastructure backed by the massive and absolutely automated plant for cotton to cotton bales.

Having in-depth data of this enterprise assist us in deliver optimum lead to specified enterprise challenges aside from international computation with futuristic approached. This yields general increases, in turn, us of the corporate to provide good high quality cotton word wide.

Axita cotton Pvt Ltd is situated at kadi District – mehsana (-Gujarat, India). The corporate is unfolding over 12000 sq. yards and geared up by the most recent equipment and technology for ginning and pressing cotton. They’ve greater than 48 double roller ginning machine, newest Ginning equipment, accepted by the federal government of India ministry of textiles via TUF undertaking Utilizing all of this equipment and paying extra hard-work the corporate is now capable of GIN 250000 Kg. of Raw Cotton per day. The TUF can be in a position to yield greater than 500 cotton bales per day.

Axita Cotton Limited Promoters:

The Promoters of the company are: Mr. Nitinbhai Govindbhai Patel, Mr. Kushal Nitinbhai Patel, and Mr. Amitkumar Govindbhai Patel

Axita Cotton Limited IPO details:


Symbol:

Issue Size: 1752000

Face Value: Rs 10

Price Range: Rs 60

Security Type: Equity

Bid Lot: 2000 Equity Shares and in multiples thereof.

Minimum Bid Quantity: 2000 Equity Shares

Issue Period: 27-December-2018 to 02-January-2019

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

Name of the Registrar: Link Intime India Private Limited

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

Listing at: BSE

Axita Cotton Limited Financials:                                                         

(in Crores) FY 14 FY 15 FY 16 FY 17 FY 18 30th June 18
Revenue 17.36 77.05 68.75 91.52 123.92 21.2
Net Profit 0.058 (-0.28) 0.12 0.027 0.82 0.32


Axita Cotton Limited Allotment Status:


Axita Cotton Limited IPO Allotment Date: N/A
Axita Cotton Limited IPO Listing Date: N/A

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