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Incorporated in 2006, Mumbai based Artedz Fabs Limited is engaged in trading and manufacturing of cotton yarn dyed fabrics for suiting and shirting. With in-house designing team and expertise in grey fabrics, they receive the orders from Indian and international markets as well. It has a major manufacturing unit installed at Bhiwandi, Maharashtra, with a capacity of 21 Lakhs Sq. metre fabrics per annum.
The popular products of the company are cotton fabric, linen fabric, polyester fabric, nylon fabric and blended fabric. Company follow Just-in-time concept for managing its inventory level and cost which means they manufacture its products on the basis of orders received from the customers.
The company is specialised in manufacturing men's clothing for summer and winter. Artedz is planning to expand the operations in women wear as well. The company sell its products to the traders engaged in the textile industry. They further sell the fabric to the units engaged in the manufacturing of apparels.
Following strengths have contributed to the company's success and will continue to be competitive:
Х On-Time Delivery
Х Experienced team and promoters
Х Unique in-house design
Х Long-maintained customer relations
| Particulars | For the year/period ended (in Rs. lakhs) | ||||||
|---|---|---|---|---|---|---|---|
| 30-Sep-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | ||
| Total Assets | 7,408.60 | 6,148.14 | 4,425.21 | 3,645.31 | 3,911.65 | 2,913.91 | |
| Total Revenue | 3,663.49 | 6,433.90 | 5,310.81 | 3,877.97 | 3,097.82 | 2,652.05 | |
| Profit After Tax | 254.25 | 351.85 | 178.87 | (35.55) | (77.08) | (44.86) | |
The Objects of the Issue are:
1. Funding the Working Capital requirements of the Company;
2. General Corporate Purposes
| Artedz Fabs IPO Date | Mar 18, 2019 to Mar 20, 2019 |
| Artedz Fabs IPO Face Value | ₹10 per share |
| Artedz Fabs IPO Price | ₹34 to ₹36 per share |
| Artedz Fabs IPO Lot Size | 3000 Shares |
| Issue Size | 2,310,000 shares of ₹10 (aggregating up to ₹8.32 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Promoters of the Company are: 1. Kashyap Gambhir |
Artedz Fabs IPO opens on Mar 18, 2019, and closes on Mar 20, 2019. The Artedz Fabs IPO bid date is from Mar 18, 2019 10.00 A.M. to Mar 20, 2019 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
| Event | Date |
|---|---|
| Artedz Fabs IPO Opening Date | Mar 18, 2019 |
| Artedz Fabs IPO Closing Date | Mar 20, 2019 |
| Basis of Allotment | Mar 26, 2019 |
| Initiation of Refunds | Mar 27, 2019 |
| Credit of Shares to Demat | Mar 28, 2019 |
| Artedz Fabs IPO Listing Date | Mar 29, 2019 |
The Artedz Fabs IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹108,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹108,000 |
| Retail (Max) | 1 | 3000 | ₹108,000 |
| Pre Issue Share Holding | 68.88% |
| Post Issue Share Holding | 50.59% |
Although the textile sector is currently having low fancy and recent few high P/E issues have burnt pockets of investors, this reasonably priced issue may be considered for long term investment. Read detail review...
The Artedz Fabs IPO is subscribed 1.54 times on Mar 20, 2019 5:00:00 PM. The public issue subscribed 1.78 times in the retail category, times in the QIB category, and 1.31 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 1.31 |
| Retail | 1.78 |
| Total | 1.54 |
| Listing Date | Friday, March 29, 2019 |
| BSE Script Code | |
| NSE Symbol | ARTEDZ |
| Listing In | |
| ISIN | INE00CO01016 |
| IPO Price | ₹36 per share |
| Face Value | ₹10 per share |
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Artedz Fabs Limited
206, Gambhir Industrial Estate,
Opp. Paramount Print, Off Aarey Road
Goregaon (East), Mumbai - 400063
Phone: +91 022 29276278
Email: investors@artedzfabs.com
Website: http://www.artedzfabs.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Artedz Fabs IPO is a SME IPO of 2,310,000 equity shares of the face value of ₹10 aggregating up to ₹8.32 Crores. The issue is priced at ₹34 to ₹36 per share. The minimum order quantity is 3000 Shares.
The IPO opens on Mar 18, 2019, and closes on Mar 20, 2019.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Artedz Fabs IPO opens on Mar 18, 2019 and closes on Mar 20, 2019.
Artedz Fabs IPO lot size is 3000 Shares and the minimum order quantity is .
You can apply in Artedz Fabs 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.
The finalization of Basis of Allotment for Artedz Fabs IPO will be done on Mar 26, 2019, and the allotted shares will be credited to your demat account by Mar 28, 2019. Check the Artedz Fabs IPO allotment status.
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