✓
Open
27 Apr to 3 May, 2018
✓
Close
27 Apr to 3 May, 2018
3
Allotment
—
✓
Listing
Fri, May 11, 2018
Price Band
₹40 per share
Issue Size
67,47,000 shares (agg. up to ₹27 Cr)
Lot Size
3,000 Shares
Listing Date
Fri, May 11, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.05x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Oct 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 91.98 | 82.19 | 74.88 | 70.30 |
| Total Income | 55.60 | 90.39 | 59.84 | 15.62 |
| Profit After Tax | 2.79 | 5.39 | 2.67 | -0.51 |
| NET Worth | 34.33 | 31.54 | 26.16 | 19.50 |
| Reserves and Surplus | 10.33 | 7.54 | 2.16 | -0.51 |
| Total Borrowing | 35.50 | 36.19 | 38.35 | 41.40 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Vera Synthetic Ltd. | SME | ₹5.34 Cr | ₹40 | null | ₹44.30 | +10.75% | ₹86.25 |
| Angel Fibers Ltd. | SME | ₹18.22 Cr | ₹27 | null | ₹27.10 | +0.37% | ₹10.50 |
| Gujarat Hy-Spin Ltd. | SME | ₹4.45 Cr | ₹10 | null | ₹10.81 | +8.10% | ₹9.22 |
| S K S Textiles Ltd. | SME | ₹13.32 Cr | ₹150 | null | ₹133.35 | -11.10% | |
| Trident Texofab Ltd. | SME | ₹3.53 Cr | ₹30 | null | ₹68.00 | +126.67% | ₹22.10 |
| AKM Lace & Embrotex Ltd. | SME | ₹4.76 Cr | ₹25 | null | ₹24.90 | -0.40% | ₹1,261.05 |
| Pashupati Cotspin Ltd. | SME | ₹20.88 Cr | ₹75 | null | ₹75.00 | +0.00% | ₹81.00 |
| Globe Textiles (India) Ltd. | SME | ₹13.71 Cr | ₹51 | null | ₹50.15 | -1.67% | ₹1.82 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the Company | 2.80 |
| 2 | General corporate purposes | 0.90 |
About Akshar Spintex IPO
Updated on Aug 5, 2026
Contact Details
Akshar Spintex Ltd. AddressRevenue Survey No.102/2, Paiki, Plot No.2Village-Haripar, Ranuja RoadTal-KalavadJamnagar, Gujarat, 361013+9198252 13622admin@aksharspintex.inVisit Website