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

Gujarat Hy-Spin Limited IPO (Gujarat Hy-Spin IPO) Details

Gujarat Hy-Spin Limited is an Textiles based company, located in Rajkot, Gujarat Hy-Spin Limited IPO size was 4.45 Cr. and was issued at 10.00 per share. The share of Gujarat Hy-Spin Limited were listed at 10.81 per share and are currently trading at 22.05 per share.

Type :
Sub Sector : Manufacturing Of Cotton Yarn
SME IPO
BSE SME

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

Revenue :
52.78 Cr.

PAT :
0.34 Cr.

Pricing Report

Issue Price :
10.00

Listing Price :
10.81

Current Market Price :
22.05

Issue Price vs CMP :
12.05 (120.50%)

listing Price vs CMP :
11.24 (103.98%)

Performance Report (CAGR* wise)

CAGR : 12.04
-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 Gujarat Hy-Spin

Company Information
Gujarat Hy-Spin Limited is promoted by Maganlal Parvadiya and Chandulal Parvadia. They are in the field of cotton ginning and pressing since last two decades. Their Promoters were cotton farmers and started activity of cotton ginning, pressing and oil in a partnership firm. With their knowledge in varieties of cotton, their promoters and have helped their Company to achieve a turnover of over Rs. 50 Crores in a very short span since incorporation. Their Company forayed into manufacturing of ring yarns in the year 2013. They sell cotton yarns to the traders who further sell it to other Industrial units for weaving and other purposes. They also sell directly to Industrial units for weaving purpose. Their manufacturing plant is spread 15381.28 square meters which is
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Object of Issue
  • Offer for Sale

Gujarat Hy-Spin SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Feb, 2018
IPO Size :
4.45 Cr.
IPO Subscription :
4.81 X     
PE Multiple :
50.00
IPO Registrar:
Bigshare Services Private Limited
Anchor Investors:

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See Other SME IPOs in Rajkot

Add-Shop Promotions Limited

  business of marketing and distribution of ayurvedic food supplements

  Rajkot


Angel Fibers Limited

  business of spinning of cotton yarn

  Rajkot


Bombay Super Hybrid Seeds Limited

  dealing of premium quality agricultural seeds

  Rajkot


Peer Companies Of This Sector

FAQs

Gujarat Hy-Spin operates in Textiles and Manufacturing Of Cotton Yarn. The Issue is listed on BSE SME in Feb, 2018. Gujarat Hy-Spin IPO size was 4.45 Cr. with Issue price of 10.00 .

Gujarat Hy-Spin IPO subscription was 4.81 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.

Gujarat Hy-Spin IPO listed at a listing price of 10.81 against the offer price of 10.00.

The current market price of Gujarat Hy-Spin is 22.05.

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