|
|
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 Opening Date | Mar 18, 2019 |
| IPO Closing Date | Mar 20, 2019 |
| Issue Type | Book Built Issue IPO |
| 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 |
| Issue Size | 2,310,000 Eq Shares of ₹10 (aggregating up to ₹8.32 Cr) |
The Artedz Fabs IPO open date is Mar 18, 2019, and the close date is Mar 20, 2019. The issue may list on Mar 29, 2019.
| IPO Open Date | Mar 18, 2019 |
| IPO Close Date | Mar 20, 2019 |
| Basis of Allotment Date | Mar 26, 2019 |
| Initiation of Refunds | Mar 27, 2019 |
| Credit of Shares to Demat Account | Mar 28, 2019 |
| IPO Listing Date | Mar 29, 2019 |
The Artedz Fabs IPO market 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 (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 3000 | ₹108,000 |
| Maximum | 1 | 3000 | ₹108,000 |
| Pre Issue Share Holding | 68.88% |
| Post Issue Share Holding | 50.59% |
The Artedz Fabs IPO is subscribed 1.54 times on Mar 20, 2019 17:00. The public issue subscribed 1.78 in the retail category, in the QIB category, and 1.31 in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 1.31 |
| RII | 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 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
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 equity 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 3000 Shares.
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.
Top Contributor (200+ Posts, 300+ Likes)
Useful Articles
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
IPO Guru (1500+ Posts, 800+ Likes)
