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

Axita Cotton Limited IPO (Axita Cotton IPO) Details

Axita Cotton Limited is an Agro based company, located in Mahesana, Axita Cotton Limited IPO size was 10.51 Cr. and was issued at 60.00 per share. The share of Axita Cotton Limited were listed at 62.10 per share and are currently trading at 10.88 per share.

Type :
Sub Sector :
SME IPO
BSE SME

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

Revenue :
84.84 Cr.

PAT :
1.32 Cr.

Pricing Report

Issue Price :
60.00

Listing Price :
62.10

Current Market Price :
10.88

Issue Price vs CMP :
49.12 (81.87%)

listing Price vs CMP :
51.22 (82.48%)

Performance Report (CAGR* wise)

CAGR : -24.65
-ve 0 6 9 12+
Below Average

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

About Axita Cotton

Company Information
Axita Cotton is producing cotton bales and cotton seeds. The Company is producing mainly two varieties of cotton bales namely Shankar-6 and MCU-5/MECH. The production facility of the Company is situated at Kadi in Mahesana District of Gujarat state which is close to the rich cotton growing areas of Maharashtra, Saurashtra and other regions of Gujarat. Their products are sold majorily in the state of Gujarat, Rajasthan, Maharashtra and Madhya Pradesh. They are also engaged in the business of trading of Kapas, cotton bales and cotton seeds. They are also doing ginning and pressing of Kapas on job work basis. They are ISO 9001:2015 certified company by OCI (Optimum Certifications INC.). They are also member of Better Cotton Initiatives (Independent Organization) which promotes better standards
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Object of Issue
  • Gross Proceeds from the Issue
  • Issue Related Expenses

Axita Cotton SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jan, 2019
IPO Size :
10.51 Cr.
IPO Subscription :
1.98 X     
PE Multiple :
30.00
IPO Registrar:
Link Intime India Private Limited
Anchor Investors:

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See Other SME IPOs in Mahesana

Deem Roll Tech Limited

  manufacturing high-quality steel and alloy roll

  Mahesana


Pashupati Cotspin Limited

  business of processing of Kapas (raw cotton) by way of Ginning of cotton, spinning of cotton yarn and delineating Process

  Mahesana


Shubham Polyspin Limited

  manufacturing of Polypropylene Multifilament Yarn of various types including Air-Intermingled yarnTwisted Yarn & Shubhlon Bag closing yarn

  Mahesana


Peer Companies Of This Sector

FAQs

Axita Cotton operates in Agro and . The Issue is listed on BSE SME in Jan, 2019. Axita Cotton IPO size was 10.51 Cr. with Issue price of 60.00 .

Axita Cotton IPO subscription was 1.98 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.

Axita Cotton IPO listed at a listing price of 62.10 against the offer price of 60.00.

The current market price of Axita Cotton is 10.88.

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