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:
• On-Time Delivery
• Experienced team and promoters
• Unique in-house design
• Long-maintained customer relations
Promoters of the Company are:
1. Kashyap Gambhir
2. Satbinder Singh Gill
| 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
| IPO Date | Mar 18, 2019 - Mar 20, 2019 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 2,310,000 Eq Shares of ₹10 (aggregating up to ₹8.32 Cr) |
| Face Value | ₹10 Per Equity Share |
| IPO Price | ₹34 to ₹36 Per Equity Share |
| Market Lot | 3000 Shares |
| Min Order Quantity | 3000 Shares |
| Listing At | NSE SME |
| Bid/Offer Opens On | Mar 18, 2019 |
| Bid/Offer Closes On | Mar 20, 2019 |
| Finalisation of Basis of Allotment | Mar 26, 2019 |
| Initiation of Refunds | Mar 27, 2019 |
| Credit of Shares to Demat Acct | Mar 28, 2019 |
| IPO Shares Listing Date | Mar 29, 2019 |
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 3000 | ₹108,000 |
| Maximum | 1 | 3000 | ₹108,000 |
| Pre Issue Share Holding | 68.88% |
| Post Issue Share Holding | 50.59% |
No. of Times Issue Subscribed (BSE + NSE) | |||
|---|---|---|---|
As on Date & Time | NII | RII | Total |
Shares Offered | 1,095,000 | 1,095,000 | 2,190,000 |
Mar 20, 2019 17:00 | 1.31x | 1.78x | 1.54x |
| Listing Date | Friday, March 29, 2019 |
| BSE Script Code | |
| NSE Symbol | ARTEDZ |
| Listing In | |
| ISIN | INE00CO01016 |
| IPO Price | ₹36 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
|
|
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
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
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 price of the IPO is ₹34 to ₹36 Per Equity Share. The minimum order quantity is 3000 Shares per application and the offer type is Book Built Issue.
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 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.
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.
Artedz Fabs IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.
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