247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Anand Rayons Limited IPO (Anand Rayons IPO) Details

Anand Rayons Limited is an Textiles based company, located in Surat, Anand Rayons Limited IPO size was 12.66 Cr. and was issued at 27.00 per share. The share of Anand Rayons Limited were listed at 27.20 per share and are currently trading at 186.85 per share.

Type :
Sub Sector :
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
278.11 Cr.

PAT :
2.06 Cr.

Pricing Report

Issue Price :
27.00

Listing Price :
27.20

Current Market Price :
186.85

Issue Price vs CMP :
159.85 (592.04%)

listing Price vs CMP :
159.65 (586.95%)

Performance Report (CAGR* wise)

CAGR : 41.62
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Anand Rayons

Company Information
The founder promoter of the Anand Rayons Mr. Gokul Bakshi, who worked with Bank of Baroda for almost three decades including 4 years overseas at British Guyana, decided to start his own business in 1987. He started "M/s Anand Enterprise", a Partnership Firm, with his Friends and Family Members to trade the Yarn in Surat by taking dealership of the polyester yarn from Reliance Industries Limited. In 1992, Mr. Anand Bakshi, Managing Director of the Company, joined the Partnership Firm as a Partner. With his Ideas and Energy, Anand Enterprise achieved many mile stones in sales as well as profitability of the Firm. The partnership firm was reconstituted in the year 1999 and all the partners except Mr. Gokul Bakshi and Anand bakshi had retired
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Object of Issue
  • Incremental Working capital requirements
  • General Corporate Purposes
  • Meeting Public Issue Expenses

Anand Rayons SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jul, 2019
IPO Size :
12.66 Cr.
IPO Subscription :
1.17 X     
PE Multiple :
20.00
IPO Registrar:
Bigshare Services Private Limited
Anchor Investors:

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FAQs

Anand Rayons operates in Textiles and . The Issue is listed on BSE SME in Jul, 2019. Anand Rayons IPO size was 12.66 Cr. with Issue price of 27.00 .

Anand Rayons IPO subscription was 1.17 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Anand Rayons IPO listed at a listing price of 27.20 against the offer price of 27.00.

The current market price of Anand Rayons is 186.85.

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