AB Cotspin India Limited IPO (AB Cotspin IPO) Detail

Incorporated in 1997, AB Cotspin is engaged in the manufacturing of cotton yarn, knitted fabric, cottonseed oil, and oilcake products. The company manufactures products based on the orders from its clients.

The company has one manufacturing facility located in, Punjab, along with 2 warehouses and 1 shop cun godown to manage its supply chain operations. As of the date of the DRHP, the company has installed 18,000 spindles for manufacturing cotton yarn, 441 mt p.a. for knitted fabric, and 6,750 mt p.a. for seed oil/oilcake. The company has made significant investments in its manufacturing infrastructure to support its product portfolio requirements and reach. Majority of the company’s customers are from Punjab and Haryana.

Competitive Strengths:

  • Diverse product portfolio with a focus on quality
  • Experienced management and dedicated employee base
  • Repeat orders from satisfied customers
  • Location Advantage

Company Promoters:

Deepak Garg and Pooja Garg are the company promoters.

Company Financials:

ParticularsFor the year/period ended (₹ in Millions)
Total Assets718.42636.96527.61
Total Revenue305.341,155.67942.81
Profit After Tax33.2238.787.57

Objects of the Issue:

  • Funding the working capital requirements of the company; and
  • General corporate purposes

AB Cotspin IPO Details

IPO Opening DateDec 30, 2021
IPO Closing DateJan 3, 2022
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹33 to ₹35 per equity share
Market Lot4000 Shares
Min Order Quantity4000 Shares
Listing AtNSE SME
Issue Size2,884,000 Eq Shares of ₹10
(aggregating up to ₹10.09 Cr)
Fresh Issue2,884,000 Eq Shares of ₹10
(aggregating up to ₹10.09 Cr)

AB Cotspin IPO Lot Size

The AB Cotspin IPO market lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹140,000).

ApplicationLotsSharesAmount (Cut-off)

AB Cotspin IPO Promoter Holding

Pre Issue Share Holding48.50%
Post Issue Share Holding

Company Contact Information

AB Cotspin India Limited
176, Homeland Enclave,
Punjab – 151001
Phone: +91 01642970169
Email: investors@abcotspin.in

AB Cotspin IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: abcotspin.ipo@linkintime.co.in

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