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Vivekanand Cotspin Ltd.

IPO Details
  • Issue Type Book building
  • Price range
  • Market Lot
  • Total Equity Shares 5500000
  • Face Value Rs. 10
  • Listing Date
IPO Timeline
Opening date
Closing date
Listing Date

IPO Details

Our company is engaged in the business of cotton processing and yarn manufacturing sector by way of Ginning of cotton and spinning of cotton yarn along with its trading. The products manufactured at our Company include Cotton bales, cotton seeds and Cotton yarn. The company operates in two primary areas: cotton ginning and spinning. In the ginning process, it separates cotton fibers from seeds, which is the first step in preparing raw cotton for textile production. Following this, the company focuses on spinning, where the clean cotton fibers are turned into yarn. This yarn, produced in various counts and quality grades, is used by textile mills for weaving and knitting fabrics.

Projects

1. Project Name: Funding capital expenditure requirement towards installation of additional plant and machinery

Project Cost: 10.102

2. Project Name: Funding Working Capital Requirement of our Company

Project Cost: 159

Promoters

Prmoters Name

1. Nirav Bharatbhai Patel

2. Jasmin Vishnubhai Patel

3. Bharatbhai Prahaladbhai Patel

4. Vishnubhai Prahaladdas Patel

5. Gautam Bharatkumar Patel

6. B P Patel Family Trust

7. V P Patel Family Trust

Prmoters Holdings
  • Pre Share Capital: 15000000
  • Pre Promoter Holding: 100
  • Offer to Public: 5500000
  • Post Share Capital: 15000000
  • Post Promoter Holding:

Registrar

Data not availble

Lead Managers

  • Grow House Wealth Management Pvt Ltd.

Subscription Details