United Cotfab IPO GMP Today ( Grey Market Premium )

United Cotfab IPO GMP Today

The United Cotfab IPO commenced on June 13, 2024, and concluded on June 19, 2024. The allotment of shares took place on June 20, 2024, and the initiation of refunds began on June 21, 2024. The shares were credited to the demat accounts of investors on June 21, 2024. Finally, the listing of United Cotfab on the stock exchange occurred on June 24, 2024.

The United Cotfab IPO was priced at ₹70 per share, with a lot size of 2000 shares. The total issue size was ₹36.29 crores, comprising a fresh issue of 36.29 crores. The IPO was listed on the BSE SME.

In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.

United Cotfab IPO Basic Details

Company NameUnited Cotfab Limited
Domain of CompanyTextile
United Cotfab IPO GMP Today₹20
United Cotfab IPO Listing Gain28.57%
United Cotfab IPO Open DateJune 13, 2024
United Cotfab IPO Close DateJune 19, 2024
United Cotfab IPO Allotment DateJune 20, 2024
United Cotfab IPO Listing DateJune 24, 2024
Face Value₹10 per share
Price₹70 per share
Lot Size2000 Shares
Issue Size5,184,000 shares of ₹10
(aggregating up to ₹36.29 Cr)
Fresh Issue5,184,000 shares of ₹10
(aggregating up to ₹36.29 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
Company PromotersMr. Nirmalkumar Mangalchand Mittal and Mr. Gagan Nirmalkumar Mittal

United Cotfab IPO GMP Today:

DateGMPListing GainKostakSubject to
June 2024₹2028.57%

United Cotfab IPO Details:

United Cotfab Limited, founded in 2015, specializes in producing high-quality open-end yarn for the textile industry. Our clients range from textile manufacturers to garment exporters and distributors.

Our product range features Open End Cotton Yarn and Cotton Yarn.

We maintain rigorous quality standards in our manufacturing process, using state-of-the-art technology and machinery.

Our manufacturing facility is located in Taluka, Ahmedabad, and has an impressive annual production capacity of approximately 9,125 MT.

As of March 31, 2024, we employ 118 dedicated professionals.

United Cotfab IPO More Details Click Here

United Cotfab IPO FAQs

When is United Cotfab IPO open?

United Cotfab IPO will open on 13 June 2024.

When is United Cotfab IPO Close?

United Cotfab IPO will be closed on 19 June 2024.

What is United Cotfab IPO GMP Today?

The United Cotfab IPO GMP aka Grey Market Premium is ₹20.

What is United Cotfab IPO Kostak Rates Today?

The United Cotfab IPO Kostak Rate is ₹000.

What is United Cotfab IPO Subject to Sauda Price Today?

The United Cotfab IPO subject to sauda rates is ₹000.

United Cotfab IPO Expected Returns?

The United Cotfab expected return is 28.57%.

How much will be the listing gain in United Cotfab IPO?

United Cotfab IPO will get listing gain of 28.57%. (Approx.)

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