Incorporated in April 2005, Avi Ansh Textile Limited is a manufacturer and exporter of 100% cotton yarn, including combed and carded cotton yarn in various counts.
Avi Ansh Textile Limited has achieved ISO 14001:2015 and ISO 9001:2015 certifications, showcasing its dedication to environmental management and quality assurance.
The company operates in both domestic and global markets, manufacturing and supplying a variety of yarns and fabrics to meet customer needs.
The company operates spinning factories with a total capacity of 26,000 spindles, producing approximately 4,500 metric tons of cotton yarn annually, ranging from 20s to 40s counts.
As of September 2024, the company has 281 employees in various departments.
Competitive Strengths:
Avi Ansh Textile Limited’s revenue increased by 17% and profit after tax (PAT) rose by 1053% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | ||||||||||||||||||||||||||||||||||||
| Assets | 6,522.64 | 4,692.35 | 4,336.85 | 4,694.81 | ||||||||||||||||||||||||||||||||||||
| Revenue | 14,214.65 | 12,149.57 | 12,016.76 | 7,264.3 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 331.35 | 28.74 | 155.55 | 68.2 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 1,587.22 | 1,256.74 | 1,229.62 | 1,076.34 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 608.73 | 278.25 | 251.13 | 97.85 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 4,481.21 | 3,193.46 | 2,659.87 | 3,375.46 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||
The market capitalization of Avi Ansh Textile IPO is Rs 86.67 Cr.
KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| ROE | 20.88% |
| ROCE | 15.88% |
| Debt/Equity | 2.82 |
| RoNW | 20.88% |
| PAT Margin (%) | 2.35 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 3.39 | 2.37 |
| P/E (x) | 18.31 | 26.16 |
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
| IPO Date | September 20, 2024 to September 24, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹62 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 4,192,000 shares (aggregating up to ₹25.99 Cr) |
| Fresh Issue | 4,192,000 shares (aggregating up to ₹25.99 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 9,784,930 |
| Share holding post issue | 13,976,930 |
| Market Maker portion | 212,000 shares |
The company's promoters are Anil Kumar Jain, Geeta Jain, Avi Jain, G A Alloys Private Limited, S J Metals Private Limited, A K Jain .(HUF) , Sanjeev Mittal HUF. , Ramesh Mittal HUF, S C Jain, (HUF), Arihant Yarnfab Private Limited, Akanksha Jain, Ansh Jain.
| Share Holding Pre Issue | 95.67% |
| Share Holding Post Issue | 66.98% |
Looking to invest ethically or according to Islamic principles? Expert Ethical brokers can help. Whether you need an ethical investment broker, a halal stock broker in India, or a Shariah-compliant broker, there are specialists available. Discover how to align your investments with your values and start your journey towards ethical wealth creation today through Ethical IAP or Ethical PMS.
Visit Prosperia.in to learn more about Ethical Investment Opportunities and start your journey towards ethical wealth creation today.
As per our analysis and Based on the information we have, this is the output.
Allah knows best.
If you find this result mistaken or questionable, let us know via email at info (@) halalstock.in
The IPO dashboard offers insights on the Latest Current & Upcoming IPOs in BSE & NSE. It also evaluates IPOs for Shariah compliance, ensuring alignment with Islamic principles for ethical investment choices.
Last Updated on November 21, 2024 Rajesh Power Services Limited IPO Established in 1971, Rajesh Power Services Limited provides consultancy to state transmission and distribution companies and private utilities and
Last Updated on November 19, 2024 C2C Advanced Systems Limited IPO C2C Advanced Systems Limited, formerly known as C2C – DB Systems Private Limited, incorporated in 2018, is a vertically
Last Updated on November 21, 2024 Enviro Infra Engineers Limited IPO Enviro Infra Engineers Limited was established in 2009 and is engaged in the design, construction, operation, and maintenance of
Copyright © 2023 - Halalstock.in
You can contribute as little as
100, 200, 500 & so…
every bit counts.
Flexicap-aggressive portfolio of Shariah Compliant stocks.
