United Techfab Limited - IPO
SMEUnited Techfab IPO Details
United Techfab IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
United Techfab IPO Reservation
Promoter Holding
Documents
United Techfab IPO Valuations
United Techfab Limited Financial Information
| Period Ended | 31 Aug 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 110.4 | 109.03 | 121.62 | 129.98 |
| Revenue | 195.75 | 763.08 | 673.01 | 779.4 |
| Profit After Tax | 2.89 | 3.5 | 5.49 | 5.19 |
| Net Worth | 40.12 | 37.23 | 33.74 | 28.26 |
| Reserves and Surplus | 37.69 | 34.8 | 31.3 | 25.82 |
| Total Borrowing | 34.82 | 40 | 42.49 | 49.36 |
| Amount in ₹ Crore | ||||
About United Techfab IPO
Incorporated in 2012, United Techfab Limited is engaged in the business of manufacturing and trading of Grey & Denim Fabrics, Dyed Cloths, and Yarn.
The company established a fabric weaving unit in Miroli, Ahmedabad, Gujarat, on an 11,230 sq. mtr. plot. Manufacturing began in 2015-16 with the installation of 60 automatic shuttle Air Jet Looms.
The company manufactures various gray fabrics, including spandex, denim, and poly denim, in different weaves and dimensions. It offers customization to meet specific client requirements for design and size.
In 2024, the company installed a 999 KW rooftop solar plant at its Miroli, Ahmedabad facility to reduce power costs. Operations and maintenance of the plant are outsourced to a third party.
Product Portfolio:
- Grey Fabrics: Grey fabric is an unfinished woven material used as raw material for further processing. Denim fabrics, made from cotton or blends, are durable and used in apparel, home textiles, and industrial applications.
- Dyed Fabrics: Dyed fabric is a textile material colored through a dyeing process to meet industry and consumer needs. These fabrics are used in apparel, home textiles, and various industrial applications.
- Yarn: Yarn, the final product of spinning, is the primary raw material for woven or knitted fabrics. Cotton yarn is used alone or blended with other fibers to achieve desired qualities like elasticity.
As of August 31, 2024, the Company has employed around 94 employees.
Strength Of United Techfab IPO
Risk Of United Techfab IPO
Objectives United Techfab IPO
- Prepayment or repayment of all or a portion of certain outstanding secured borrowings availed by the Company.
- General Corporate Purposes.
- To meet Public Issue Expenses.
Company Contact Details
United Techfab Limited
Survey No. 416,
Village-Navapura (Miroli), Taluka-Dascroi,
Miroli, Ahmedabad, Dascroi, 382425
Phone: +91 9879228031
Email: cs@unitedtechfab.com
Website: http://www.unitedtechfab.com/
Registrar Contact Details
Lead Mangers
Nirbhay Capital Services Private Limited
Market Maker
To be announced