United Techfab Ltd. has withdrawn its Initial Public Offer (IPO) documents filed with the exchange on April 28, 2025.
United Techfab Ltd. IPO was a Fixed Price Issue
The equity shares were proposed to be listed on the BSE SME. Nirbhay Capital Services Pvt.Ltd. was the book running lead manager and Kfin Technologies Ltd. was the registrar of the issue.
IPO Date | [.] |
Listing Date | [.] |
Face Value | ₹10 per share |
Issue Price Band | |
Lot Size | |
Sale Type | Fresh Capital |
Issue Type | Fixed Price IPO |
Listing At | BSE SME |
Share Holding Pre Issue | 1,09,59,750 shares |
Description | Date |
---|---|
Filed with SEBI/Exchange | Fri, Feb 28, 2025 |
Offer document withdrawn | Mon, Apr 28, 2025 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2012, United Techfab Limited is engaged in the business of manufacturing and trading of Grey & Denim Fabrics, Dyed Cloths, and Yarn.
The company established a fabric weaving unit in Miroli, Ahmedabad, Gujarat, on an 11,230 sq. mtr. plot. Manufacturing began in 2015-16 with the installation of 60 automatic shuttle Air Jet Looms.
The company manufactures various gray fabrics, including spandex, denim, and poly denim, in different weaves and dimensions. It offers customization to meet specific client requirements for design and size.
In 2024, the company installed a 999 KW rooftop solar plant at its Miroli, Ahmedabad facility to reduce power costs. Operations and maintenance of the plant are outsourced to a third party.
As of August 31, 2024, the Company has employed around 94 employees.
Period Ended | 31 Aug 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 110.4 | 109.03 | 121.62 | 129.98 |
Total Income | 195.75 | 763.08 | 673.01 | 779.4 |
Profit After Tax | 2.89 | 3.5 | 5.49 | 5.19 |
Net Worth | 40.12 | 37.23 | 33.74 | 28.26 |
Reserves and Surplus | 37.69 | 34.8 | 31.3 | 25.82 |
Total Borrowing | 34.82 | 40 | 42.49 | 49.36 |
Amount in ₹ Crore |
KPI | Values |
---|---|
ROE | 9.88% |
ROCE | 8.39% |
Debt/Equity | 1.07 |
RoNW | 9.41% |
PAT Margin | 0.46% |
The Company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
United Techfab Ltd.
Survey No. 416,
Village-Navapura (Miroli), Taluka-Dascroi,
Miroli, Dascroi,
Ahmedabad, Gujarat, 382425
Phone: +91 9879228031
Email: cs@unitedtechfab.com
Website: http://www.unitedtechfab.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: utl.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
United Techfab IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . The minimum order quantity is .
The United Techfab IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in United Techfab IPO using UPI as a payment gateway. Zerodha customers can apply in United Techfab IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in United Techfab IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The United Techfab IPO dates are not announced. Please check back again after some time.
United Techfab IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in United Techfab IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for United Techfab IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the United Techfab IPO allotment status.
The United Techfab IPO listing date is not yet announced. The tentative date of United Techfab IPO listing is [.].
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