Angel Fibers Ltd IPO (Angel Fibers IPO) Detail

Feb 20, 2018 - Feb 23, 2018

Incorporated in 2014, Angel Fibers Limited is engaged in the business of spinning of cotton yarn. They are also trading in a by-product i.e. cotton waste. They develop, manufacture, market and support quality yarn products. The company offers cotton carded, combed, and compact yarns and trades in cotton waste products.

Company products are used in making bed sheets, socks, knitted fabrics, shirting,sheeting and bottom weightsetc. AFL sells its products in domestic and international markets.

Company Promoters:

Mr Ashok Dudhagara and Miss Prafulaben Dudhagara are the promoters of the company.

Company Financials:

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. lakhs)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	8514.35	8140.92	5175.87	182.23
Total Revenue	8873.73	5101.77	0	0
Profit After Tax	1,855.56	653.43/td>	-0.42	0

Objects of the Issue:

The objects of the Offer are :
1. To achieve the benefits of listing the Equity Shares on the Stock Exchange and
2. for the Offer for Sale.

Company will not receive any proceeds from the Offer and all the proceeds will be received by the Selling Shareholders

Angel Fibers IPO Details

IPO Opening Date	Feb 20, 2018
IPO Closing Date	Feb 23, 2018
Issue Type	Fixed Price Issue IPO
Face Value	₹10 per equity share
IPO Price	₹27 per equity share
Market Lot	4000 Shares
Min Order Quantity	4000 Shares
Listing At	BSE SME
Issue Size	6,748,000 Eq Shares of ₹10 (aggregating up to ₹18.22 Cr)
Offer for Sale	6,748,000 Eq Shares of ₹10 (aggregating up to ₹18.22 Cr)

Angel Fibers IPO Lot Size

The Angel Fibers IPO market lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹108,000).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	4000	₹108,000
Maximum	1	4000	₹108,000

Angel Fibers IPO Prospectus

› Angel Fibers IPO DRHP

Angel Fibers IPO Rating

170

4.0

Rating:

Vote Here ...

Angel Fibers IPO Listing Date

Listing Date	Tuesday, March 6, 2018
BSE Script Code	541006
NSE Symbol
Listing In	MT
ISIN	INE339Z01011
IPO Price	₹27 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE SME
₹27.00
₹28.50
₹27.10
₹28.50
₹27.10
2,452,000

Angel Fibers IPO Reviews / Ratings

Dilip Davda - Subscribe for Long Term

Company Contact Information

Angel Fibers Ltd
Shop No.6 Shivalik-2, University Rd,
Near Pushkardham Temple,
Sadguru Nagar, Rajkot,

Phone: +91 94267 85557
Email: cs@angelfibers.com
Website: http://www.angelfibers.com/

Angel Fibers IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Angel Fibers IPO Lead Manager(s)

Guiness Corporate Advisors Pvt Ltd

Lead Manager Reports

Angel Fibers IPO FAQs

What is Angel Fibers IPO?

Angel Fibers IPO is a SME IPO of 6,748,000 equity shares of the face value of ₹10 aggregating up to ₹18.22 Crores. The issue is priced at ₹27 per equity share. The minimum order quantity is 4000 Shares.

The IPO opens on Feb 20, 2018, and closes on Feb 23, 2018.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
When Angel Fibers IPO will open?

The Angel Fibers IPO opens on Feb 20, 2018 and closes on Feb 23, 2018.
What is the lot size of Angel Fibers IPO?

Angel Fibers IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.
How to apply for Angel Fibers IPO?

You can apply in Angel Fibers 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When Angel Fibers IPO allotment?

The finalization of Basis of Allotment for Angel Fibers IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Angel Fibers IPO allotment status.
When is Angel Fibers IPO listing date?

The Angel Fibers IPO listing date is on Tuesday, March 6, 2018.

Angel Fibers IPO Message Board

Ranked Members

72. NEMI CHAND AJMERA |Mar 6, 2018 18:41

This was OFS means money not gone for businesses but other parameters are reasonable.Offer was of 67 lacs shares and 34 lacs shares were given to retailers . Today traded shares are 25 lacs means all are empty.All Annalisers recommended for long term also have good Grey market premium.So it is possiblity to go uptrend in coming days

72.1. Umang and his ultrasonic uproar |Mar 6, 2018 18:52

IPO Mentor (500+ Posts, 500+ Likes)

It won''t move 2 rupees above issue price. You were very positive on SKS TEXTILE also, & u were recommeding at 100 rs. I told u it will stop at 75 rs and same thing happened.
Investment in SMEs is highly risky. Pls don''t recommend unless you have studied companies financial & growth visibility in depth.

71. Sinewave |Mar 6, 2018 09:58

IPO Mentor (500+ Posts, 300+ Likes)

16000.buyers..and..sellers..1372000...

Load more comments (4 replies)

71.5. Sinewave |Mar 6, 2018 12:14

IPO Mentor (500+ Posts, 300+ Likes)

19,56,000 Shares traded till now.

71.6. Sinewave |Mar 6, 2018 12:29

IPO Mentor (500+ Posts, 300+ Likes)

20,76,000 traded.
Buyers available.

Short term exit.

IMO

70. Sinewave |Mar 6, 2018 10:25

IPO Mentor (500+ Posts, 300+ Likes)

Angel fiber listing in positive zone was possible due to MT group rules.

Otherwise it was similar to CKP Leisure which is still not touched the issue price.

Lead manager of issue try to list in positive zone as their Goodwill is linked on this matter.

There was enough opportunity to sell in Pre open.

Now punters play only.

70.1. IPOANALYSIS |Mar 6, 2018 10:47

IPO Guru (1700+ Posts, 1300+ Likes)

Ckp leisure is much better than angel. Firstly there is still trade happening. Secondly the business is very good. Always food banquet hall business do well in long run. Those who hold ckp leisure for long will be handsomely rewarded

69. Tejas pandya |Mar 6, 2018 10:24

Angel ne to speculator se long term investor bana diya... Ha ha..

68. Sinewave |Mar 6, 2018 09:53

IPO Mentor (500+ Posts, 300+ Likes)

Looking towards lower circuit for today.

Heavy sellers.

Very low buyers.

Only 20thousand buyers.

Will lock to lower circuit.

Lead manager and punters play now.

67. Sinewave |Mar 6, 2018 09:49

IPO Mentor (500+ Posts, 300+ Likes)

Opened @28.5

Up 5.5%

Book profit for short term.

Hold for long term.

Happy investing.

66. Sinewave |Mar 6, 2018 09:39

IPO Mentor (500+ Posts, 300+ Likes)

28.7

Hold

66.1. Sdpp |Mar 6, 2018 09:42

Kya kare. Konsa rate chala raha hai.

65. Sinewave |Mar 5, 2018 21:19

IPO Mentor (500+ Posts, 300+ Likes)

Trading Members of the Exchange are hereby informed that effective from Tuesday, March 06, 2018 the equity shares of Angel Fibers Limited shall be listed and admitted to dealings on the SME Platform of Exchange in the list of ‘MT’ Group of Securities. Further in terms of SEBI circular No.CIR/MRD/DP/02/2012 dated January 20, 2012; the scrip will be in Trade-for-Trade segment for 10 trading days.

Load more comments (1 replies)

65.2. Sinewave |Mar 5, 2018 21:27

IPO Mentor (500+ Posts, 300+ Likes)

Grey Market Trends:

IPO Company      IPO Date      Price Band      GMP      Kostak
Bandhan Bank      -      -      -      INR600 (5 Mar)
HG Infra      26 - 28 Jan      INR263 - 270      INR15      INR200 (5 Mar)
Hindcon Chemicals      26 - 28 Feb      INR28      -      INR13,000* (5 Mar)
Angel Fibers      20 - 23 Feb      INR27      -      INR10,000* (5 Mar)

65.3. Tejas pandya |Mar 6, 2018 00:43

Is this news good or bad for stock?? Does it affect listing price??Can anyone explain plz...

64. Don Market Ka |Mar 5, 2018 21:52

Good luck to Angel Fibers Allottees for great listing tomorrow.

63. Vishalabc |Mar 5, 2018 21:07

Anyone provide tomorrow list price Angel Fibers ltd

62. Sdpp |Mar 5, 2018 18:15

MT groop ma Allotment ser listing time sell ho sakta hai???

61. Rkjain |Mar 5, 2018 16:53

Listing on 6 March. MT group. Script Code : 541006. INE339Z01011. Trade to Trade upto 10 days.

60. Sdpp |Mar 4, 2018 17:44

Listing Date.. Pls. Reply

60.1. Tejas pandya |Mar 5, 2018 14:59

6th March

59. Sinewave |Mar 5, 2018 11:59

IPO Mentor (500+ Posts, 300+ Likes)

Listing tomorrow.

Expected listing around 30/- .

Keep patience..

59.1. Sinewave |Mar 5, 2018 12:02

IPO Mentor (500+ Posts, 300+ Likes)

Got allotted one out of four.

1/4 allotted..

58. dipandesai |Mar 4, 2018 14:10

ANGEL FIBERS LISTING PRICE :- 29.

57. Sanjay parmar |Mar 4, 2018 09:01

Angal listing around 22 ........not good company......miss guide gray market

56. Shah dipesh hasmukhlal |Mar 2, 2018 17:34

I got allotment but not credit in demat yet

55. Shah dipesh hasmukhlal |Mar 2, 2018 17:33

Share credit in dekat which date and listing gain

54. NRI Investor |Mar 1, 2018 23:05

Top Contributor (200+ Posts, 200+ Likes)

LIsting will be Rs. 35++++ Keep holding for long term

53. SAJAL SHETH |Mar 1, 2018 15:55

What is the listing date ?
What is the latest premium ?

53.1. akash sav |Mar 1, 2018 18:34

Listing date 06.03.2018
Premium 2. Rs

Check Messages by Ranked Members

Find Angel Fibers IPO Latest Update

Useful Articles

Name		Phone
Email		City
State
Are you a day trader?