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 DateFeb 20, 2018 - Feb 23, 2018
Issue TypeFixed Price Issue IPO
Issue Size6,748,000 Eq Shares of ₹10
(aggregating up to ₹18.22 Cr)
Offer for Sale6,748,000 Eq Shares of ₹10
(aggregating up to ₹18.22 Cr)
Face Value₹10 Per Equity Share
IPO Price₹27 Per Equity Share
Market Lot4000 Shares
Min Order Quantity4000 Shares
Listing AtBSE SME

Angel Fibers IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum14000₹108,000
Maximum14000₹108,000

Angel Fibers IPO Prospectus

Angel Fibers IPO Rating

170
4.0
Rating:Rated 4.0 stars

Vote Here ...

Angel Fibers IPO Listing Date

Listing DateTuesday, March 6, 2018
BSE Script Code541006
NSE Symbol
Listing InMT
ISININE339Z01011
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

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 FAQs

  1. 1. 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 price of the IPO is ₹27 Per Equity Share. The minimum order quantity is 4000 Shares per application and the offer type is Fixed Price Issue.

    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.

  2. 2. When Angel Fibers IPO will open?

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

  3. 3. How to apply for Angel Fibers IPO?

    Angel Fibers IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. 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.

  5. 5. When is Angel Fibers IPO listing date?

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

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Angel Fibers IPO Review / Comments

NEMI CHAND AJMERA
72. NEMI CHAND AJMERA  Mar 6, 2018 17:41
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
Umang and his ultrasonic uproar
72.1. Umang and his ultrasonic uproar  Mar 6, 2018 17:52
IPO Mentor 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.
Sinewave
71. Sinewave  Mar 6, 2018 08:58
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
16000.buyers..and..sellers..1372000...
Sinewave
71.5. Sinewave  Mar 6, 2018 11:14
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
19,56,000 Shares traded till now.
Sinewave
71.6. Sinewave  Mar 6, 2018 11:29
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
20,76,000 traded.
Buyers available.

Short term exit.

IMO
Sinewave
70. Sinewave  Mar 6, 2018 09:25
IPO Mentor 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.
IPOANALYSIS
70.1. IPOANALYSIS  Mar 6, 2018 09:47
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
Tejas pandya
69. Tejas pandya  Mar 6, 2018 09:24
Angel ne to speculator se long term investor bana diya... Ha ha..
Sinewave
68. Sinewave  Mar 6, 2018 08:53
IPO Mentor 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.
Sinewave
67. Sinewave  Mar 6, 2018 08:49
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Opened @28.5

Up 5.5%

Book profit for short term.

Hold for long term.

Happy investing.
Sinewave
66. Sinewave  Mar 6, 2018 08:39
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
28.7

Hold
Sdpp
66.1. Sdpp  Mar 6, 2018 08:42
Kya kare. Konsa rate chala raha hai.
Sinewave
65. Sinewave  Mar 5, 2018 20:19
IPO Mentor 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.
Sinewave
65.2. Sinewave  Mar 5, 2018 20:27
IPO Mentor 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)
Tejas pandya
65.3. Tejas pandya  Mar 5, 2018 23:43
Is this news good or bad for stock?? Does it affect listing price??Can anyone explain plz...
Don Market Ka
64. Don Market Ka  Mar 5, 2018 20:52
Good luck to Angel Fibers Allottees for great listing tomorrow.
Vishalabc
63. Vishalabc  Mar 5, 2018 20:07
Anyone provide tomorrow list price Angel Fibers ltd
Sdpp
62. Sdpp  Mar 5, 2018 17:15
MT groop ma Allotment ser listing time sell ho sakta hai???
Rkjain
61. Rkjain  Mar 5, 2018 15:53
Listing on 6 March. MT group. Script Code : 541006. INE339Z01011. Trade to Trade upto 10 days.
Sdpp
60. Sdpp  Mar 4, 2018 16:44
Listing Date.. Pls. Reply
Tejas pandya
60.1. Tejas pandya  Mar 5, 2018 13:59
6th March
Sinewave
59. Sinewave  Mar 5, 2018 10:59
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Listing tomorrow.

Expected listing around 30/- .

Keep patience..
Sinewave
59.1. Sinewave  Mar 5, 2018 11:02
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Got allotted one out of four.

1/4 allotted..
dipandesai
58. dipandesai  Mar 4, 2018 13:10
ANGEL FIBERS LISTING PRICE :- 29.
Sanjay parmar
57. Sanjay parmar  Mar 4, 2018 08:01
Angal listing around 22 ........not good company......miss guide gray market
Shah dipesh hasmukhlal
56. Shah dipesh hasmukhlal  Mar 2, 2018 16:34
I got allotment but not credit in demat yet
Shah dipesh hasmukhlal
55. Shah dipesh hasmukhlal  Mar 2, 2018 16:33
Share credit in dekat which date and listing gain
NRI Investor
54. NRI Investor  Mar 1, 2018 22:05
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
LIsting will be Rs. 35++++ Keep holding for long term
SAJAL SHETH
53. SAJAL SHETH  Mar 1, 2018 14:55
What is the listing date ?
What is the latest premium ?
akash sav
53.1. akash sav  Mar 1, 2018 17:34
Listing date 06.03.2018
Premium 2. Rs






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