The United Cotfab IPO started on June 13, 2024, and ended on June 19, 2024. Shares were allocated on June 20, 2024, and refund processes began on June 21, 2024. On June 21, 2024, the shares were credited to investors demat accounts. United Cotfab was officially listed on the stock exchange on June 24, 2024.
During the IPO, United Cotfab offered shares at a price range of ₹70 per share, and the lot size was 2000 shares. The total issue size was ₹36.29 crores, with ₹36.29 crores from new shares. The IPO was listed on the BSE SME.
Regarding share reservations, 50% of the shares were allocated to other and 50% were set aside for retail investors.
United Cotfab IPO Subscription Update Video
United Cotfab IPO Subscription Status
The United Cotfab IPO on June 19, 2024 was subscribed 107.16 times, with the retail category being subscribed 77.22 times, the other category being subscribed 114.71 times.
| Category | Subscription |
| Other | 114.71x |
| Retail | 77.22x |
| Total | 107.16x |
United Cotfab IPO Basic Details
| Company Name | United Cotfab Limited |
| Domain of Company | Textile |
| United Cotfab IPO Open Date | June 13, 2024 |
| United Cotfab IPO Close Date | June 19, 2024 |
| United Cotfab IPO Allotment Date | June 20, 2024 |
| United Cotfab IPO Listing Date | June 24, 2024 |
| Face Value | ₹10 per share |
| Price | ₹70 per share |
| Lot Size | 2000 Shares |
| Issue Size | 5,184,000 shares of ₹10 (aggregating up to ₹36.29 Cr) |
| Fresh Issue | 5,184,000 shares of ₹10 (aggregating up to ₹36.29 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | Mr. Nirmalkumar Mangalchand Mittal and Mr. Gagan Nirmalkumar Mittal |
About United Cotfab Limited
Founded in 2015, United Cotfab Limited specializes in producing high-quality open-end yarn for the textile industry. Their customers include textile manufacturers, garment exporters, and distributors.
United Cotfab Limited offers a range of products, including Open End Cotton Yarn and Cotton Yarn.
Their manufacturing process follows strict quality standards and utilizes advanced technology and machinery.
Located in Taluka, Ahmedabad, the company’s manufacturing facility boasts an annual production capacity of approximately 9125 metric tons.
As of March 31, 2024, United Cotfab Limited employs 118 people.
United Cotfab IPO Should you subscribe?
United Cotfab IPO More Details Click Here
United Cotfab IPO FAQs
What is the start and end date of United Cotfab IPO Subscription?
The United Cotfab IPO started on June 13, 2024, and ended on June 19, 2024.
When does United Cotfab IPO Subscription open?
The United Cotfab IPO open on June 13, 2024.
When does United Cotfab IPO Subscription close?
The United Cotfab IPO Close on June 19, 2024.
What is the allotment date of United Cotfab IPO?
The allotment date for United Cotfab IPO is June 20, 2024.
When is the initial refund date of United Cotfab IPO?
The initial Refund date for United Cotfab IPO is June 21, 2024.
When were the shares credited to investors demat accounts for the United Cotfab IPO?
The shares for the United Cotfab IPO were credited to investors demat accounts on June 21, 2024.
When will United Cotfab IPO be listed on the stock market?
United Cotfab IPO stock market will be listed on June 24, 2024 at 10 am.
What was the price range of the United Cotfab IPO shares?
The United Cotfab IPO shares were offered at a price range of ₹70 per share.
What was the lot size for the United Cotfab IPO shares?
The lot size for the United Cotfab IPO shares was 2000 shares.
What was the total issue size of the United Cotfab IPO?
The total issue size of the United Cotfab IPO was ₹36.29 crores.
How were the shares allocated among different types of investors for the United Cotfab IPO?
50% of the shares were allocated to other and 50% were set aside for retail investors.
On which stock exchanges was the United Cotfab IPO listed?
The United Cotfab IPO was listed on the BSE SME.
What is the United Cotfab IPO Subscription Status?
United Cotfab IPO is subscribed 107.16 Times.
