Angel Fibers IPO is set to make its debut on 20th feb 18 with 18.22 cr is engaged in the business of spinning of cotton yarn.
Angel Fibers IPO – overview
| IPO Dates | 20-23 Feb 18 |
| IPO Price | INR 27 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 6,748,000 shares (INR 18.22 crore) |
| Minimum bid (lot size) | 4000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Company Overview
Incorporated in 2014, Angel Fibers Limited is engaged in the business of spinning cotton yarn. They are also trading in a by-product i.e., cotton waste. They develop, manufacture, market and support quality yarn products. The company offers cotton carded, combed, and compact yarns and trades in cotton waste products.
Company products are used in making bed sheets, socks, knitted fabrics, shirting, sheeting and bottom weighted. AFL sells its products in domestic and international markets.
Objects of the Issue
1. To achieve the benefits of listing the Equity Shares on the Stock Exchange and
2. for the Offer for Sale.
Company Financials
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
| Total Assets | 8514.35 | 8140.92 | 5175.87 |
| Total Revenue | 8873.73 | 5101.77 | 0 |
| Profit After Tax | 1,855.56 | 653.43 | -0.42 |
Company Contact Information
Angel Fibers Ltd
Shop No.6 Shivalik-2, University Rd,
Near Pushkardham Temple,
Sadguru Nagar, Rajkot,
Phone: +91 94267 85557
Email: cs@angelfibers.com
Website: http://www.angelfibers.com/
Angel Fibers IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Angel Fibers IPO Lead Manager(s)
- Guiness Corporate Advisors Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
