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Open
25 Jan 2018
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Close
31 Jan 2018
3
Allotment
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Listing
Thu, Feb 8, 2018
Price Band
₹10 per share
Issue Size
44,50,000 shares (agg. up to ₹4 Cr)
Lot Size
10,000 Shares
Listing Date
Thu, Feb 8, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.09x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 64.19 | 59.35 | 61.62 | 56.60 |
| Total Income | 26.39 | 52.05 | 51.89 | 52.12 |
| Profit After Tax | 0.17 | 0.15 | 0.04 | -0.34 |
| NET Worth | 18.63 | 18.05 | 17.37 | 16.22 |
| Reserves and Surplus | 1.88 | 1.30 | 0.62 | -0.53 |
| Total Borrowing | 28.56 | 31.47 | 35.93 | 34.33 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| S K S Textiles Ltd. | SME | ₹13.32 Cr | ₹150 | null | ₹133.35 | -11.10% | (+0.00%) |
| Trident Texofab Ltd. | SME | ₹3.53 Cr | ₹30 | null | ₹68.00 | +126.67% | ₹32.33 (+2.83%) |
| AKM Lace & Embrotex Ltd. | SME | ₹4.76 Cr | ₹25 | null | ₹24.90 | -0.40% | ₹1,163.10 (+0.00%) |
| Pashupati Cotspin Ltd. | SME | ₹20.88 Cr | ₹75 | null | ₹75.00 | +0.00% | ₹88.45 (+1.23%) |
| Globe Textiles (India) Ltd. | SME | ₹13.71 Cr | ₹51 | null | ₹50.15 | -1.67% | ₹2.15 (+1.42%) |
| Laxmi Cotspin Ltd. | SME | ₹9.60 Cr | ₹20 | null | ₹19.90 | -0.50% | ₹14.65 (-2.46%) |
| Manomay Tex India Ltd. | SME | ₹11.41 Cr | ₹30 | null | ₹31.95 | +6.50% | ₹190.43 (+8.80%) |
About Gujarat Hy-Spin IPO
Incorporated in 2011, Gujarat Hy-Spin Limited is Rajkot Gujarat based company engaged in manufacturing of cotton yarns. Company started with trading of Cotton Bales, Cotton Seeds and Wash Oil and in 2013 moved to manufacturing of cotton yarns mainly in domestic market and third party exports.Company sell cotton yarns to the traders who further sell it to other Industrial units for weaving and other purposes. Company also sells directly to Industrial units for weaving purpose. Company's manufacturing plant is spread 15381.28 square meters which is well equipped with plant and machinery such as Blow room, Humidification facility, Contamination sorter, Link Conner etc.+ Read More
Contact Details
Gujarat Hy-Spin Ltd. AddressP.O.Box No.22Gundala RoadGondalRajkot, Gujarat, 36031102825-297170cs@gujarathyspin.comVisit Website