FREE Account Opening + No Clearing Fees
Loading...

Anand Rayons Limited IPO (Anand Rayons IPO) Detail

June 18, 2019 - June 24, 2019

Anand Rayons IPO is a fixed price issue of Rs 12.66 crores.

Anand Rayons IPO bidding started from June 18, 2019 and ended on June 24, 2019. The shares got listed on BSE SME on July 2, 2019.

Anand Rayons IPO price is ₹27 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹108,000.

Guiness Corporate Advisors Pvt Ltd is the book running lead manager of the Anand Rayons IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Anand Rayons IPO RHP for detailed information.

Anand Rayons IPO Details

IPO Date June 18, 2019 to June 24, 2019
Listing Date July 2, 2019
Face Value ₹10 per share
Price ₹27 per share
Lot Size 4000 Shares
Total Issue Size4,688,000 shares
(aggregating up to ₹12.66 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Market Maker portion240,000 shares

Anand Rayons IPO Reservation

Anand Rayons IPO offers 4,688,000 shares. 2,224,000 (47.44%) to NII, 2,224,000 (47.44%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered240,000 (5.12%)
Other Shares Offered2,224,000 (47.44%)
Retail Shares Offered2,224,000 (47.44%)
Total Shares Offered4,688,000 (100%)

Anand Rayons IPO Lot Size

Investors can bid for a minimum of 4000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 4000 ₹108,000
Retail (Max) 1 4000 ₹108,000
Lot Size Calculator

About Anand Rayons Limited

Incorporated in 1987, Anand Rayons Limited was an idea of Mr Gokul Bakshi. It is engaged in trading of yarn and value-added yarns including polyester filament yarns, nylon yarns, fancy yarns and dope dyed yarns. Initially, the company had only one dealer for the polyester yarn that is Reliance Industries Limited to trade in and around Surat, Gujarat.

Now, the company has also extended dealership network with JCT Limited for Nylon Yarn, and Indorama Synthetics India Limited, Filatex India Limited and Garden Silk Mills Limited for Polyester Yarn.

The yarns traded by the company has wide application in the weaving of sarees, yarn dyeing, Elastic tapes, carpets, and dress & shirting materials.

As the company is trading in and around Surat only, it is planning to expand yarn trading business in other states such as Maharashtra, Delhi, Karnataka and Uttar Pradesh as well. The R&D team of the company is also working on twisted yarn, Sheath- Core yarn, Bi-Shrinkage yarn for GEO-textiles to expand the business.

The competitive strengths of the company are:

1. Specialization in trading of yarns and value-added yarns.
2. Strong dealership with Reliance Industries Ltd for 31+ years.
3. A sound relationship with spinners & customers.

Company Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Jan-19 31-Mar-18 31-Dec-17 31-Mar-16
Total Assets 6,103.46 5,942.08 5,809.05 3,796.06
Total Revenue 23,176.44 25,959.08 27,062.38 21,992.23
Profit After Tax 172.41 145.14 104.70 45.73

Objects of the Issue (Anand Rayons IPO Objectives)

The objects of the Issue are:

1. Incremental Working capital requirements
2. General Corporate Purpose,
3. Meeting Public Issue Expenses.

Anand Rayons IPO Review (Avoid)

[Dilip Davda]  

The textile segment is not fancied by investors in the given scenario. The issue is priced very aggressively. Guiness group has a topsy-turvy background. Considering all these facts, it is better to skip this issue.

Read detail review...


Anand Rayons IPO Subscription Status (Bidding Detail)

The Anand Rayons IPO is subscribed 1.17 times on June 24, 2019 6:49:04 PM. The public issue subscribed 0.48 times in the retail category, times in the QIB category, and 1.86 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other1.86
Retail0.48
Total1.17

Anand Rayons IPO Prospectus

Anand Rayons IPO Rating

31
3.5
Rating:Rated 3.5 stars
Vote Here ...

Anand Rayons IPO Listing Details

Listing Date July 2, 2019
BSE Script Code 542721
NSE Symbol
ISIN INE02GA01012
Final Issue Price ₹27 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹27.00
₹28.25
₹27.05
₹28.25
₹27.20

Check IPO Performance…

Anand Rayons Limited Contact Details

Anand Rayons Limited
305-306, Jay Sagar Complex
Opp. Sub Jail, Khatodra,
Surat-395002 Gujarat
Phone: 0261-2635521
Email: anandrayonsltd@gmail.com
Website: http://www.anandrayons.com/

Anand Rayons IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Anand Rayons IPO - Buy or Not

Anand Rayons IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

SME IPO Enquiry

SME Company Owners
We could help you get listed on the stock market.

Contact us Today

Check our SME IPO Guide New

Anand Rayons IPO FAQs

Anand Rayons IPO is a SME IPO of 4,688,000 equity shares of the face value of ₹10 aggregating up to ₹12.66 Crores. The issue is priced at ₹27 per share. The minimum order quantity is 4000 Shares.

The IPO opens on June 18, 2019, and closes on June 24, 2019.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Anand Rayons IPO opens on June 18, 2019 and closes on June 24, 2019.

Anand Rayons IPO lot size is 4000 Shares, and the minimum amount required is ₹108,000.

You can apply in Anand Rayons IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Anand Rayons IPO will be done on [.], and the allotted shares will be credited to your demat account by Monday, July 1, 2019. Check the Anand Rayons IPO allotment status.

The Anand Rayons IPO listing date is on July 2, 2019.
Open an Instant Account with Zerodha

Anand Rayons IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Most Liked Members

Loading...

36 Comments

15. RAJAKUMAR |   Link |  Bookmark |July 2, 2019 10:45:46 AM (1400+ Posts, 1200+ Likes)
Dear Small
Sold at 28.25
15.1. Dinesh Singh |   Link |  Bookmark |July 2, 2019 10:52:53 AM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
Congratulations Raja.. For Profit.
15.2. Small Investor |   Link |  Bookmark |July 2, 2019 11:47:13 AM
IPO Guru IPO Guru (1900+ Posts, 1000+ Likes)
i also sold @ 28.25 early morning but i think this stock will give good return yet
14. Small Investor |   Link |  Bookmark |June 28, 2019 4:45:49 PM
IPO Guru IPO Guru (1900+ Posts, 1000+ Likes)
Firm Allotment and got 1
13. Small Investor |   Link |  Bookmark |June 24, 2019 5:50:32 PM
IPO Guru IPO Guru (1900+ Posts, 1000+ Likes)
Apply 1 lot and got 1 lot
listing may be 28-29
12. RAJAKUMAR |   Link |  Bookmark |June 21, 2019 3:22:38 PM (1400+ Posts, 1200+ Likes)
Dear Small
Whenever retail applicant is less that counter performs well on listing day.
12.5. Small Investor |   Link |  Bookmark |June 24, 2019 2:53:28 PM
IPO Guru IPO Guru (1900+ Posts, 1000+ Likes)
axita cotton now trade 90+ its a textile company
yha sme me fundamentals koi mayne nhi rkhta h mayne rkhta h to wo h Operators kuch ipo h jo kafi acha return de rhe h
shubhlaxmi jewels
axita cotton
artemes ele
evens ele.
white org.
and much more co.
12.6. Small Investor |   Link |  Bookmark |July 1, 2019 11:50:37 AM
IPO Guru IPO Guru (1900+ Posts, 1000+ Likes)
Dear Rajakumar
In this Stock Almost 3440000 share allote to HNI and Only 1008000 allotted to Retailers
i think this stock will give very good return on listing and after post listing
11. Small Investor |   Link |  Bookmark |June 21, 2019 11:49:21 AM
IPO Guru IPO Guru (1900+ Posts, 1000+ Likes)
Dear Rajakumar Dinesh and Other Forum Members are Apply in this Ipo
11.1. Dinesh Singh |   Link |  Bookmark |June 21, 2019 6:43:10 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
Due to heavy loss in Suich, I have taken retirement from all SME IPO.
Will never apply in SPE IPO again in my life time.
It's purely gambling.
11.2. Small Investor |   Link |  Bookmark |June 21, 2019 6:47:53 PM
IPO Guru IPO Guru (1900+ Posts, 1000+ Likes)
i also hold 1 lot of Suich but i will apply in Anand Ray.HNI Will interested in this ipo so far
10. RAJAKUMAR |   Link |  Bookmark |June 21, 2019 3:21:13 PM (1400+ Posts, 1200+ Likes)
Dear Small
Applied one lot.
9. Hiteshji |   Link |  Bookmark |June 14, 2019 9:22:13 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
Avoid all sme. Teach lesson and safe your money.
9.1. deepcdsl |   Link |  Bookmark |June 15, 2019 9:12:35 PM
True...
8. Carn Mohan |   Link |  Bookmark |June 15, 2019 4:59:47 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
My friend who was investor of SME IPOs and applying 3,4 applications past 2 years his accumulated loss is now Rs 800000/-
8.1. Aviralguptak |   Link |  Bookmark |June 15, 2019 8:39:34 PM
Sebi govt and exchange sleeping
When they know 50 pc of money invested is of retailer
A time will come soon when no one will apply in new sme ipo
There is no rules or any steps taken to check quality of scripts. It seems govt. Is saying any nukkad can come and collect momey from innocent retailer. Shame . Hope this voice is raised. I am going to raise a petition and can you all who suffered recently sign this petition so no lootera company lootera lead manager is washed out. First overseas is biggest lootera lead manager. Guinness is next. How both of these are allowed to come with new issues
8.2. deepcdsl |   Link |  Bookmark |June 15, 2019 9:11:44 PM
8 lacs loss in 2 years...very sad...sub bad SME kisine apply nahi karna chahiye...
7. Aviralguptak |   Link |  Bookmark |June 13, 2019 11:04:48 PM
https://www.zeebiz.com/agencies/sebi-bans-guiness-securities-35-others-from-securities-market-76646. SEBI has banned guineas twice due to fraudulent activities . Now what changed recently that it renewed. How is it coincidence that after banning guineas all its new issue alike angel fiber, jhandewala food, Riddhi steel and tube,ang life science which were good companies crashed. Clearlhows it was sold in open market w. Even wa solar another guineas issues. Please save urself from such LM
7.1. Small Investor |   Link |  Bookmark |June 14, 2019 12:20:27 PM
IPO Guru IPO Guru (1900+ Posts, 1000+ Likes)
sir jb Sebi ne Ban kr diya h to Phir IPO kese Manage kr rhe h LM
7.2. Aviralguptak |   Link |  Bookmark |June 14, 2019 4:00:56 PM
guiness ko piase ki zaroorat hai

he has not made payment and was banned
will collect money from innocent retailer and make payment

exchange also helping them
6. Aviralguptak |   Link |  Bookmark |June 14, 2019 9:54:41 AM
SAME lead manager Guiness came with ANGEL fiber at 27 rs. same textile sector and same price

ANGEL fiber is now at 9 rs.

yeh public bevkoof hai. phir bhi kuch bakre phas jayenge
5. Aviralguptak |   Link |  Bookmark |June 12, 2019 4:40:09 PM
Guinness has been banned by sebi recently. Please avoid any Guinness issues completely
Similar issue from.guuness like Angel fiver came at 27 rd is now available at 9 rs. Same with was solar jhandewala and many others.
5.5. Aviralguptak |   Link |  Bookmark |June 13, 2019 10:55:03 PM
Stock predictor you have comment on be films that it has done price manipulation
Do you have any proof. Chittorgarj team please check comments of such people who make wrong comments on companies without any proof
Does he have any proof out was involved in price manipulation
5.6. deepcdsl |   Link |  Bookmark |June 13, 2019 11:02:20 PM
SME ipo main SEBI involvement is less...LM to deal with exchange either BSE or NSE...
Rahi bath comments karane ki...SEBI really not doing his job properly...if exchange doing something wrong SEBI not really worry... everyone knows...

@Stock predictor Apana attitude apane pass rakh...Admin knows what is allowed in this forum and what is not...this is more open forum than public forum...
4. KING VINOD |   Link |  Bookmark |June 13, 2019 2:04:55 PM
IPO Guru IPO Guru (2400+ Posts, 5000+ Likes)
It Looks like reasonable price
3. GrowYourMoney |   Link |  Bookmark |June 13, 2019 12:02:21 PM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
None of such Cos created wealth for Investors
2. Darsh ipo |   Link |  Bookmark |June 11, 2019 11:49:14 PM
Waa solar wala hi LM hai issue price 161 and last rate was 38 rs ..
1. Dinesh Singh |   Link |  Bookmark |June 11, 2019 9:01:06 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
LM track record is very good.
All past issues list at premium.