A B Cotspin India Limited started its journey since 1997 with cotton ginning plant with cotton bales and cotton seeds being our initial products. Raw cotton (Narma) was procured from APMC Mandi and processed in ginning machines. In the year 2000, we installed a crushing unit to extract oil from cotton and mustard seeds and expanded our product basket with the addition of cotton seed oil and oil cake. We further expanded in the year 2011 wherein we set up a spinning plant and started manufacturing cotton yarn. In the year 2014 we installed a knitting machine and thus forayed into manufacturing of knitted fabric. With our expansion over the years under the guidance of our management, we have been able to generate handsome amount of revenue from operations during the fiscal 2020.
They believe their success is the result of sustained efforts over the years in key aspects of our business, such as product portfolio, process improvements and relationship with our customers. Our vision is to provide qualitative products at competitive prices.
Deepak Garg and Pooja Garg are the company promoters.
| Particulars | 31-Mar-21 | 31-Mar-20 |
|---|---|---|
| Total Assets (In ₹ Millions) | 636.96 | 527.61 |
| Total Revenue (In ₹ Millions) | 1,155.67 | 942.81 |
| Profit After Tax (PAT) (In ₹ Millions) | 38.78 | 7.57 |
| Date | GMP | Kostak | Subject to Sauda |
|---|
| Date & Time | QIB | NII | RII | Total |
|---|---|---|---|---|
| Day 1 - 30 Dec 2021 | ||||
| Day 2 - 31 Dec 2021 | ||||
| Day 3 - 03 Jan 2022 |
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IPO Allotment StatusAB Cotspin India Limited IPO will open on 30 Dec 2021 and close on 3 Jan 2022.
AB Cotspin India Limited IPO will list on 11 Jan 2022.
The offer price of AB Cotspin India Limited IPO is ₹33-35.
The lot size of AB Cotspin India Limited IPO is 4000.
The Grey Market Premium (GMP) price of AB Cotspin India Limited IPO is Not Available at the moment.
The Kostak price of AB Cotspin India Limited IPO is Not Available at the moment.
The Subject to Sauda price for AB Cotspin India Limited IPO is Not Available at the moment.
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