Akshar Spintex Limited is a gujarat based company engaged in manufacturing of cotton yarn. The company has 24480 spindles in operations to meet the demand. Currently company employs 210+ employees.
Date of incorporation : The company was incorporated in 2013 in Gujarat
Promoters of Akshar Spintex Limited: Ashok Bhalala, Amit Gadhiya, Harikrishna Chauhan and Rekhaben Chauhan are the promoters of the company
Products and services Offered: The Akshar Spintex Limited manufactures 100% cotton yarn which includes combed, semi-combed and carded yarn.
Customer Segment: The company mainly fulfills the requirement of retail customers through its channels
Object of the Issue: The Objects Of The Issue are:
Funding the working capital requirements of the Company
General corporate purposes.
Company Financials:
Particulars |
For the year/period ended (in Rs. Lacs) |
|||||
31-Mar-17 |
31-Mar-16 |
31-Mar-15 |
31-Mar-14 |
|||
Total Assets |
8218.88 |
7487.82 |
7029.73 |
2479.56 |
||
Total Revenue |
9038.94 |
5984.38 |
1561.73 |
0 |
||
Profit After Tax |
538.61 |
266.94 |
(51.25) |
0 |
Number of Times Subscribed (BSE + NSE) | |||||||
---|---|---|---|---|---|---|---|
As on Date & Time | QIB | NII | RII | Employee | Others | Total | |
Shares Offered / Reserved | 0 | 3,201,000 | 3,201,000 | - | 345,000 | 6,747,000 | |
Day 1 - Apr 27, 2018IST | 0 | 1,167,000 | 3,321,000 | - | - | 4,488,000 | |
Day 2 - Apr 30, 2018IST | 0 | 1,167,000 | 3,738,000 | - | - | 4,805,000 | |
Day 3 - May 02, 2018IST | 0 | 1,461,000 | 12,003,000 | - | - | 13,464,000 |
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