Avi Ansh Textile Ltd IPO bidding closes today on a weak subscription of 8.5x . Check current GMP & Allotment details
Avi Ansh Textile Ltd is a manufacturer and exporter of 100% cotton yarn, offering combed and carded yarn in various counts. The company has ISO 14001:2015 and ISO 9001:2015 certifications, which shows its commitment to environmental and quality standards. With a capacity of 26,000 spindles, it produces around 4,500 metric tons of yarn annually for domestic and global markets.
Avi Ansh Textile Subscription details
| Category | Subscription Rate |
|---|
| NII | 5.25 x |
| Retail | 11.38 x |
| Total | 8.5 x |
Also Read : Larsen & Tubro bags mega orders worth …. Check the daitails here
Avi Ansh Textile Allotment details
The results of the allotment will be out on Wednesday i.e. 25/09/2024 and will List on Friday i.e. 27/09/2024 .
To check the allotment, click here
Avi Ansh Textile GMP Today
The current GMP of the company is around Rs.2-3 which is around 3.23% of the Issue price . It is expected that investors can get a profit of 3.23% per lot if the stock lists at such GMP price.
Note: The GMP fluctuates on the basis of market demand.
Disclaimer:
The recommendations made above are by market analysts and are not advised by either the author, nor FinTrend 24. The author, nor the brokerage firm nor FinTrend 24 would be liable for any losses caused as a result of decisions based on this write-up. FinTrend 24 advises users to consult with certified experts before making any investment decision.