Issue Open Date
|
30-Dec-21
|
Issue Closing Date
|
03-Jan-22
|
Application Money
|
100
|
Allotment Money
|
|
|
Price Band (Rs.)
|
33-35
|
Minimum Bid Quantity.
|
4000
|
Issue Size (Shares)
|
2884000
|
Market Lot
|
1
|
|
|
Objective :
|
1. Prepayment of certain secured borrowings availed by our company.2. General corporate purposes.
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|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved
|
Bid For
|
|
Non-Institutional Investors
|
|
12888000
|
|
Qualified Institutional Buyers
|
|
36000
|
|
Retail Individual Investors
|
|
36000
|
|
|
|
|
Business Description
We are primarily engaged in manufacturing of cotton yarn, knitted fabric, cottonseed oil and oilcakes. Our Company commenced its business in 1997 with a cotton ginning plant with cotton bales and cotton seeds being our initial products. Thereafter in the year
|
|
Promoter's Holding
|
Total Share Capital
|
3593340
|
Offered to Public
|
2884000
|
Promoter's Holding (Pre-Issue)
|
48.5
|
Promoter's Holding (Post-Issue)
|
34.91
|
|
More..
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Address
|
Nh-54 Goniana Road Near Lake-3
Bathinda
,
Punjab
,
151001
Phone :
01635-232670
Email :
cs@abcotspin.in
Website :
www.abcotspin.com
|
|
Registrar
|
Link Intime India Pvt Ltd.
C 101 247 Park LBS Marg Vikhroli (West) Mumbai
|
|
Listed at
|
NSE
|
|
Lead Manager
|
Pantomath Capital Advisors Pvt Ltd.
|
|
Promoters
|
Deepak Garg and Pooja Garg
|
|