United Techfab IPO Details
United Techfab IPO Summary
United Techfab IPO DRHP (Draft Red Herring Prospectus) has been Offer Document Returned.
United Techfab IPO total issue size comprises 47,60,000 shares . This includes a fresh issue of 47,60,000 shares .
United Techfab IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
The Lead Managers for United Techfab IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Nirbhay Capital Services Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the United Techfab Limited DRHP.
United 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 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
Market Maker
United Techfab FAQs
The United Techfab IPO is a SME public issue comprising 4760000 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at TBA.
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