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 Name | United Cotfab Limited |
| Domain of Company | Textile |
| United Cotfab IPO GMP Today | ₹20 |
| United Cotfab IPO Listing Gain | 28.57% |
| United Cotfab IPO Open Date | June 13, 2024 |
| United Cotfab IPO Close Date | June 19, 2024 |
| United Cotfab IPO Allotment Date | June 20, 2024 |
| United Cotfab IPO Listing Date | June 24, 2024 |
| Face Value | ₹10 per share |
| Price | ₹70 per share |
| Lot Size | 2000 Shares |
| Issue Size | 5,184,000 shares of ₹10 (aggregating up to ₹36.29 Cr) |
| Fresh Issue | 5,184,000 shares of ₹10 (aggregating up to ₹36.29 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | Mr. Nirmalkumar Mangalchand Mittal and Mr. Gagan Nirmalkumar Mittal |
United Cotfab IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹20 | 28.57% | – | – |
| June 2024 | ₹20 | 28.57% | – | – |
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.)
