ListedSME platform

Avi Ansh Textile Limited

AVIANSHTextiles & Apparels20 Sept 2024 – 24 Sept 2024INE0TFB01017

Promoters ANIL KUMAR JAIN · GEETA JAIN · AVI JAIN · ANSH JAIN · AKANKSHA JAIN · G A ALLOYS PRIVATE LIMITED · S J METALS PRIVATE LIMITED · ARIHANT YARNFAB PRIVATE LIMITED · A.K. JAIN . (HUF) · SANJEEV MITTAL HUF. · RAMESH MITTAL HUF. · S.C JAIN . (HUF)

Issue price
—
Issue size
₹27 cr
Fresh
Lot size
2,000 sh
Listed on
27 Sept 2024
NSE
Now trading as AVIANSH — see its filed financials and price history →
Notes

Avi Ansh Textile Limited raised ₹27 crore through a SME-platform initial public offer.

The filing places it in Textiles & Apparels and names 12 promoters: ANIL KUMAR JAIN, GEETA JAIN, AVI JAIN, ANSH JAIN, AKANKSHA JAIN, G A ALLOYS PRIVATE LIMITED, S J METALS PRIVATE LIMITED, ARIHANT YARNFAB PRIVATE LIMITED, A.K. JAIN . (HUF), SANJEEV MITTAL HUF., RAMESH MITTAL HUF. and S.C JAIN . (HUF).

The book was open from 20 September 2024 to 24 September 2024.

The issue has not been priced yet, so there is no price band to quote — at draft stage the offer document prints those fields as a placeholder.

The issuer reported the offer subscribed 8.00 times the shares on offer. That is its own final figure, filed with the exchange after the book closed — not a reading we took while bidding was open.

The shares listed on 27 September 2024.

It now trades as AVIANSH, and its filed financials are on its company page.

How it has done since listing

This issue never published a final price or a price band, so there is nothing to measure a return against.

The offer
Regulation 229(2)

The exchange feed has not published a price band for this issue yet.

Price band
—
face value ₹10
Lot size
2,000 sh
Issue size
₹27 cr
Fresh
Shares after issue
1.40 cr
1,39,76,930
Fresh issue
41.92 L
shares issued by the company

No offer-for-sale leg — every share in this offer is newly issued, so the whole amount raised goes to the company.

How it was priced
Fixed price — the price was set in advance, with no band to bid inside
Listing sought at
NSE
Designated exchange
NSE
Discount
None offered
Registered office
Northern India
Company website
www.avianshgroup.com
Registrar
Skyline Financial Services Private Limited
Lead manager
  • Other LM / BRLM
What happens when
5-day book
  1. Bidding opens20 Sept 2024
  2. Bidding closes24 Sept 2024
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing27 Sept 2024
How the bidding went
as filed after the close
8.00x
subscribed — filed by the issuer

This is the issuer’s own final figure, filed with the exchange once bidding had closed — not a reading we took while the book was open. The exchange publishes only a running cumulative figure and no history, so for an issue nobody polled live this filing is the only account of the book that exists. It covers the whole offer and carries no breakdown by category and no timestamp.

Who the offer was set aside for
as filed by the issuer at listing
  • Non-institutional investors29.7%
  • Retail individual investors65.2%
  • Market maker5.1%

No part of the offer was set aside for anchor investors, qualified institutional buyers, reserved portion or other.

The portion of the offer set aside for each category before bidding opened, as the issuer filed it. The anchor allocation is filed as its own line rather than inside the institutional one, so these add up to the whole offer. Shares as filed; the percentages are computed against the offer's own share count.

Demand at each price

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Anchor investors

We have not extracted an anchor allotment list for this issue.

When locked shares come free
computed from ICDR rules
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    27 Mar 2025
    already free
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    27 Mar 2026
    already free

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set

The "Basis for Offer Price" chapter states the earnings the price was set against and the multiples it implies. We have not extracted it for this issue — several offer documents are served as .zip archives or as scanned pages with no text layer.

Restated financials

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Objects of the offer

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Who the issuer compares itself to
as printed in the offer document

The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.

CompanyP/ERoNW
Jindal Worldwide Limited1,81,408.910.5%
Manomay Tex India Limited58,309.110.1%
Shanti Spintex Limitednot in our universe50,500.015.0%
United Polyfab Gujarat Limited90,847.78.3%
The issuer’s own figures, as it printed them
EPS
₹3.39
NAV per share
—
Return on net worth
2.29%

The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.

Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.

Who ran this issue, and what else they have run
past issues only
Registrar
FirmIssuesTypical listing move
Skyline financial services private limited
2021 – 2026
79
2 measurable
+12.3%

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Read the offer documents
4 filed

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.