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United Techfab Ltd.

IPO Details
  • Issue Type Fixed Price
  • Price range
  • Market Lot
  • Total Equity Shares 4760000
  • Face Value Rs. 10
  • Listing Date
IPO Timeline
Opening date
Closing date
Listing Date

IPO Details

Our Company is primarily engaged in manufacturing and trading of Grey & Denim Fabrics (“Grey Fabrics”),Dyed Cloths and Yarn. In the financial year 2014-15, our Company established its fabric weaving unit at Miroli,Ahmedabad, Gujarat on plot area admeasuring about 11230 sq. mtrs. Our manufacturing operations commencedwith the installation of 60 sets automatic shuttle Air Jet Looms during Phase 1 in the financial year 2015-16. Webegan our business as a manufacturer and trader of Grey Fabrics in the financial year 2016 -17. Subsequently, ourmanufacturing capacity was augmented through the installation of an additional 60 sets of automatic shuttle AirJet Looms, along with ancillary machinery, during Phase 2 in the financial year 2019-20. As on date of this DraftProspectus, our Company has 120 air jet looms installed at our manufacturing unit located at Miroli which has anannual installed capacity of weaving 2,00,75,000 mtrs. of Grey Fabrics.

Projects

1. Project Name: Prepayment or repayment of all or a portion of certain outstanding secured

Project Cost: 310

Promoters

Prmoters Name

1. Gagan Nirmalkumar Mittal

2. Nirmalkumar Mangalchand Mittal

3. Ritesh Kamalkishore Hada

4. Kamalkishore Hada

5. United Polyfab Pvt Ltd.

Prmoters Holdings
  • Pre Share Capital: 10442250
  • Pre Promoter Holding: 95.28
  • Offer to Public: 4760000
  • Post Share Capital:
  • Post Promoter Holding:

Registrar

Registrar Name:Karvy Computershare Pvt Ltd
Phone: 91-040-67161500
Email: einward.ris@karvy.com
Website: www.karvy.com

Lead Managers

  • Nirbhay Capital Services Pvt Ltd.

Subscription Details