Angel Fibers Ltd IPO

Add to Calendar 2018-02-20 12:00 AM 2018-02-23 12:00 AM Asia/Kolkata Angel Fibers Ltd IPO Angel Fibers Ltd India

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

   

 

Issue Detail

  • Issue Open: Feb 20, 2018
  • Issue Close: Feb 23, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 27 Per Equity Share
  • Bid Lot:4000 Shares
  • Minimum Order Quantity:4000 Shares
  • Listing At: BSE SME
  • Issue Size: • Rs 18.22 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total

Listing Day Trading Information

- BSE NSE
Issue Price Rs 27.00 -
Open Rs 28.50 -
Low Rs 27.10 -
High Rs 28.50 -
Last Trade Rs 27.10 -
Volume 2,452,000 -

Angel Fibers Ltd Red Herring Prospectus

Angel Fibers Ltd User Rating

Votes
0

Angel Fibers Ltd Life IPO Reviews

Angel Fibers Ltd IPO News & Updates

Frequently Asked Questions

Yes, you can always trade an IPO through a discount broker. Buying & selling an IPO becomes very easy once the trading and the demat account are set up appropriately.
Following are the benefits in buying and selling an IPOs through a discount broker. Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors. Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.
Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker

Comments

Start IPO Trading through SAMCO

Don't have a Trading Account !!!
Open an account with Samco and Do IPO Trading for Just Rs 20. For more details, share your contact details with us