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Open
28 Aug 2017
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Close
31 Aug 2017
3
Allotment
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Listing
Fri, Sep 8, 2017
Price Band
₹75 per share
Issue Size
27,84,000 shares (agg. up to ₹21 Cr)
Lot Size
1,600 Shares
Listing Date
Fri, Sep 8, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.70x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|
| Assets | 185.62 | 148.93 | 151.71 |
| Total Income | 279.20 | 262.36 | 265.81 |
| Profit After Tax | 13.48 | 8.43 | 8.08 |
| NET Worth | 37.70 | 39.72 | 31.29 |
| Reserves and Surplus | 30.20 | 16.72 | 8.29 |
| Total Borrowing | 115.51 | 90.40 | 101.29 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Globe Textiles (India) Ltd. | SME | ₹13.71 Cr | ₹51 | null | ₹50.15 | -1.67% | ₹2.16 (+0.47%) |
| Laxmi Cotspin Ltd. | SME | ₹9.60 Cr | ₹20 | null | ₹19.90 | -0.50% | ₹14.71 (-3.16%) |
| Manomay Tex India Ltd. | SME | ₹11.41 Cr | ₹30 | null | ₹31.95 | +6.50% | ₹202.16 (+0.82%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of Business through strategic investment | 3.40 |
| 2 | Additional Working Capital | 3.50 |
| 3 | General Corporate Expenses | 0.30 |
About Pashupati Cotspin IPO
Incorporated in 2013, Pashupati Cotspin Ltd (PCL) is engaged in the business of processing of Kapas (raw cotton) by way of Ginning of cotton, spinning of cotton yarn and delineating Process. Company offers Cotton bales, Cotton yarn and Black Cotton seeds (Delineate Seeds).The manufacturing facility of company situated at Kadi of Mahesana District in Gujarat state which is close to the rich cotton growing areas of Maharashtra and Saurashtra (region) of Gujarat. The company has established a capacity of the spindlage of total 25536 spindle,\ and 56 ginning units. Plant is equipped with modern and automatic plant and machinery. PCL is also using the storage space available with it for the purpose of letting it out to customers and thereby earning lease rentals as consideration.+ Read More
Contact Details
Pashupati Cotspin Ltd. AddressSurvey No.404 At & Post BalasarKadi-Detroj RoadKadiMehsana, Gujarat, 382715+91-02764-262200info@pashupaticotspin.comVisit Website