Artedz Fabs IPO

Artedz Fabs IPOArtedz Fabs IPO description - Artedz Fabs is engaged in manufacturing and trading of textile fabrics for shirtings and suitings. The company specialises in manufacturing of textile fabrics from cotton yarn. The company also uses linen yarn as well as blended yarns as the raw material. It is primarily engaged in the manufacturing of grey fabrics with high-end and fashion forward designs, using the expertise of in-house designing team. The company caters to orders from both domestic and international markets. With a manufacturing facility spread over a Land area of 15,789 sq. ft. in Bhiwandi, Maharashtra, the company currently has an installed capacity of 21 Lakhs sq. metre per annum with 43 installed looms which can cater to the orders requiring any specific category of yarn.

Artedz Fabs promoters – Kashyap Gambhir and Satbinder Singh Gill
Artedz Fabs - Upcoming IPO details
Subscription Dates 18 - 20 February 2019
IPO Price band INR34 - 36 per share
Fresh issue 2,310,000 shares (INR7.85 - 8.32 crore)
Offer for sale Nil
Total IPO size 2,310,000 shares (INR7.85 - 8.32 crore)
Minimum bid (lot size) 3,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Use of funds
  • Working Capital Requirements - INR7.25 crore
  • General Corporate Purposes
  • Issue Expenses
Artedz Fabs'  consolidated financial performance (in INR crore)
FY2014 FY2015 FY2016 FY2017 FY2018 H1 FY2019
Total revenue 26.52 30.98 38.78 53.11 64.34 36.63
Total expenses 27.17 32.11 39.30 50.52 59.35 33.12
Profit after tax -0.45 -0.77 -0.36 1.79 3.52 2.54
Artedz Fabs Contact Details

Artedz Fabs Limited 
206, Gambhir Industrial Estate,
Opp. Paramount Print, Off Aarey Road
Goregaon (East), Mumbai - 400063

Phone: +91 022 29276278
Email: [email protected]
Website: www.artedzfabs.com

Artedz Fabs IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.21
Day 2 0.37
Day 3 1.46

 

Artedz Fabs Valuation (For FY2018)

Earnings Per Share (EPS): INR5.63

Price/Earnings (P/E) ratio: 6.04 - 6.39

Return on Net Worth (RONW): 42.38%

Net Asset Value (NAV): INR13.28 per share

Registrar of Artedz Fabs IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
 [email protected]
Website: www.bigshareonline.com

Artedz Fabs IPO Allotment Status

Artedz Fabs IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

Listing performance of Artedz Fabs

IPO Opening Date: 18 February 2019

IPO Closing Date: 20 February 2019

Finalisation of Basis of Allotment: 26 March 2019

Initiation of refunds: 27 March 2019

Transfer of shares to demat accounts: 28 March 2019

Listing Date: 29 March 2019

Listing Price on NSE SME: INR40 per share (up 11.11% from IPO price)

Closing Price on NSE SME: INR41.65 per share (up 15.69% from IPO price)

Artedz Fabs IPO
4.1 (82%) 10 vote[s]

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