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Allotment
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Listing
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Issue Size
47,60,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Aug 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 110.40 | 109.03 | 121.62 | 129.98 |
| Total Income | 195.75 | 763.08 | 673.01 | 779.40 |
| Profit After Tax | 2.89 | 3.50 | 5.49 | 5.19 |
| NET Worth | 40.12 | 37.23 | 33.74 | 28.26 |
| Reserves and Surplus | 37.69 | 34.80 | 31.30 | 25.82 |
| Total Borrowing | 34.82 | 40.00 | 42.49 | 49.36 |
| 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%) |
About United Techfab IPO
Incorporated in 2012, United Techfab Limited is engaged in the business of manufacturing and trading of Grey & Denim Fabrics, Dyed Cloths, and Yarn. The company established a fabric weaving unit in Miroli, Ahmedabad, Gujarat, on an 11,230 sq. mtr. plot. Manufacturing began in 2015-16 with the installation of 60 automatic shuttle Air Jet Looms. The company manufactures various gray fabrics, including spandex, denim, and poly denim, in different weaves and dimensions. It offers customization to meet specific client requirements for design and size. In 2024, the company installed a 999 KW rooftop solar plant at its Miroli, Ahmedabad facility to reduce power costs. Operations and maintenance of the plant are outsourced to a third party. Product Portfolio: Grey Fabrics: Grey fabric is an unfinished woven material used as raw material for further processing. Denim fabrics, made from cotton or blends, are durable and used in apparel, home textiles, and industrial applications. Dyed Fabrics: Dyed fabric is a textile material colored through a dyeing process to meet industry and consumer needs. These fabrics are used in apparel, home textiles, and various industrial applications. Yarn: Yarn
Contact Details
United Techfab Ltd. AddressSurvey No. 416,Village-Navapura (Miroli), Taluka-Dascroi,Miroli, Dascroi,Ahmedabad, Gujarat, 382425+91 9879228031cs@unitedtechfab.comVisit Website