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Open
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Close
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Allotment
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Listing
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Issue Size
57,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 195.76 | 130.44 | 111.58 | 113.77 |
| Total Income | 280.84 | 200.78 | 225.75 | 177.92 |
| Profit After Tax | 14.44 | -3.54 | -3.88 | -2.09 |
| NET Worth | 12.25 | 2.89 | -5.63 | -1.70 |
| Reserves and Surplus | 2.13 | -2.06 | -5.59 | -1.71 |
| Total Borrowing | 118.06 | 84.62 | 81.49 | 82.13 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shreedhar Spinners Ltd. | SME | ₹30.68 Cr | ₹53 | 13.44 | ₹57.10 | +7.74% | ₹90.05 (-3.69%) |
| Harikanta Overseas Ltd. | SME | ₹24.30 Cr | ₹91 | 14.66 | ₹75.77 | -16.74% | ₹74.49 (-1.18%) |
| Yajur Fibres Ltd. | SME | ₹120.41 Cr | ₹174 | 23.49 | ₹132.25 | -23.99% | ₹37.39 (+2.02%) |
| K K Silk Mills Ltd. | SME | ₹28.50 Cr | ₹38 | 12.12 | ₹30.40 | -20.00% | ₹10.01 (-2.34%) |
| Game Changers Texfab Ltd. | SME | ₹54.84 Cr | ₹102 | 10.58 | ₹109.35 | +7.21% | ₹95.75 (-1.29%) |
| Sihora Industries Ltd. | SME | ₹10.56 Cr | ₹66 | 13.14 | ₹66.50 | +0.76% | ₹59.00 (+0.00%) |
| Siddhi Cotspin Ltd. | SME | ₹69.85 Cr | ₹108 | 16.06 | ₹82.10 | -23.98% | ₹28.55 (+0.35%) |
| Rachit Prints Ltd. | SME | ₹19.50 Cr | ₹149 | 11.85 | ₹113.25 | -23.99% | ₹204.00 (-0.07%) |
| Alpine Texworld Ltd. | Mainboard | ₹126.25 Cr | ₹105 | 12.68 | ₹99.75 | -5.00% | ₹85.54 (-4.99%) |
| Kusumgar Ltd. | Mainboard | ₹650.00 Cr | ₹419 | 44.8 | ₹602.80 | +43.87% | ₹601.35 (-1.30%) |
| Aastha Spintex Ltd. | Mainboard | ₹170.00 Cr | ₹136 | 18.78 | ₹136.49 | +0.36% | ₹102.62 (-0.58%) |
| Shree Ram Twistex Ltd. | Mainboard | ₹110.24 Cr | ₹104 | 38.21 | ₹71.40 | -31.35% | ₹40.28 (+0.20%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Construction of Factory Building and Purchase of Plant and Machinery | 112.20 |
| 2 | Repayment and/or pre-payment or repayment, in full or part, of certain outstanding borrowings availed by the Company | |
| 3 | General Corporate Purposes |
About Badri Cotsyn IPO
Incoprorated in December 2018, Badri Cotsyn Limited is a recycling company that manufactures high-quality recycled polyester staple fiber (R-PSF) from plastic bottles. The company is based in Mandideep, Madhya Pradesh, India. The company turn plastic waste into recycled polyester staple fiber. The company has supplied its products to over 100 customers across India, Europe, and the Middle East. The company's manufacturing facility is situated in Bhopal, Huzur, Madhya Pradesh, spreading over 4,35,000 square ft. The company's facility boasts a combined installed capacity of 61,200 MT per annum including the group company. The company is ISO 14001:2015, BIS, OEKO-TEX, and GRS certified. The company's products & services include the following:- High Tenacity Recycled Polyester Staple Fiber (R-PSF). EPR (Extended Producer Responsibility) Credits Services. Job Work Services. As of November 30, 2024, the company had 333 permanent employees and 150 contractual laborers. Competitive Strength Well qualified promoters with a strong management team having domain knowledge. Centrally located in Madhya Pradesh, offering proximity to key customers and attractive financial incentives. Proven track
Contact Details
Badri Cotsyn Ltd. AddressPlot No. 33, New Industrial AreaIIWard No. 14, Tehsil Goharganj,Mandideep,Bhopal, Madhya Pradesh, 462046+91 9589751315compliance@badrigroup.comVisit Website