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Angel Fibers Ltd IPO

Angel Fibers Ltd

Issue Open

Feb 20, 2018

Price Band

₹ 27

Issue Size

₹ 18.22 Cr

Issue Close

Feb 23, 2018

Bid Lot

4000

Listing Exchange

BSE SME

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

4000

Face Value

Rs 10 Per Equity Share

Listing At

Mar 06, 2018

About the company:

Angel fibers Limited manufactures and market cotton yarn for the textile industries. Its products are used in making knitted shits, sheeting, bedsheet, stocks etc.

Date of establishment: Angel Fibers Limited was incorporated on 14th Feb, 2014  

Product & Service Offering :It produces high quality carded, combed and compact yarn products for the knitting and weaving. 

Promoters of Angel Fibers ltd.:   Mr Ashok Dudhagara and Miss Prafulaben Dudhagara are the promoters of Angel Fibers 

Customer segment: Angel Fibers caters to global as well as domestic markets

Objects of the Issue:

The objects of the Offer is to:

-      To take advantage of equity listing
-      Offer for sale by selling shareholder

Company Financials: 

Particulars

For the year/period ended (in Rs. lakhs)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

   

Total Assets

8514.35

8140.92

5175.87

182.23

   

Total Revenue

8873.73

5101.77

0

0

   

Profit After Tax

1,855.56

653.43

-0.42

0

   

 

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