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

United Cotfab Limited IPO (United Cotfab IPO) Details

United Cotfab Limited is an Textiles based company, located in Ahmedabad, United Cotfab Limited IPO size was 36.29 Cr. and was issued at 70.00 per share. The share of United Cotfab Limited were listed at 78.75 per share and are currently trading at 40.45 per share.

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

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

Revenue :
115.52 Cr.

PAT :
8.67 Cr.

Pricing Report

Issue Price :
70.00

Listing Price :
78.75

Current Market Price :
40.45

Issue Price vs CMP :
29.55 (42.21%)

listing Price vs CMP :
38.3 (48.63%)

Performance Report (CAGR* wise)

CAGR : -61.28
-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 United Cotfab

Company Information
United Cotfab Limited is engaged in the manufacturing of high-quality open-end yarn, serving the textile industry. Their manufacturing process adheres to stringent quality standards and is supported by advanced technology and machinery. The systematic approach followed includes raw material selection, blending (if required), spinning, winding, and comprehensive quality control to ensure top-notch product quality.
Object of Issue
  • To Meet Working Capital Requirements
  • General Corporate Purposes
  • To meet Public Issue Expenses

United Cotfab SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jun, 2024
IPO Size :
36.29 Cr.
Market Cap :
120.33 Cr.   
IPO Subscription :
107.16 X     
PE Multiple :
13.88
IPO Registrar:
Purva Sharegistry India Private Limited
Anchor Investors:

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FAQs

United Cotfab operates in Textiles and Manufacturing Cotton Yarn. The Issue is listed on BSE SME in Jun, 2024. United Cotfab IPO size was 36.29 Cr. with Issue price of 70.00 .

United Cotfab IPO subscription was 107.16 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.

United Cotfab IPO listed at a listing price of 78.75 against the offer price of 70.00.

The current market price of United Cotfab is 40.45.

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