United Cotfab Ltd - Prospectus Synopsis

United Cotfab Ltd

Registered Office : Survey # 191 Village Timba (T) , Dascroi Timba , Ahmedabad - 382425 , Gujarat , India.

Phone : +91 98798 74955  Fax :

Email :info@unitedcotfab.com    Website : www.unitedcotfab.com

Initial public issue of 5184000 equity shares of face value of Rs. 10/- each of United Cotfab Limited (UCT or the Company or the Issuer) for cash at a price of Rs. 70/- per equity share including a share premium of Rs. 60/- per equity share (the Issue Price) aggregating to Rs. 36.29 crores (The Issue), of which 260000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 70/- per equity share including a share premium of Rs. 60/-per equity share aggregating to Rs. 1.82 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 4924000 equity shares of face value of Rs. 10/- each at a price of Rs. 70/- per equity share including a share premium of Rs. 60/-per equity share aggregating to Rs. 34.47 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 30.16 % and 28.64 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is Rs. 70/-. The issue price is 7.00 times of the face value.

IssueMoney Payable On
Opens OnCloses OnApplicationAllotment
6/13/2024 12:00:00 AM 6/19/2024 12:00:00 AM Rs 70 - 0Rs 0 - 0
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
 Rs CrLead Managers to the Issue
Project Cost 33.56 Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 36.29  
Post Issue Equity Share Capital 33.56  
Issue PriceRs. 70 
Projects
To Meet Working Capital Requirements
Promoted ByListing AtRegistrar to the Issue
Gagan Nirmalkumar Mittal
Nirmalkumar Mangalchand Mittal
- Purva Sharegistry (I) Pvt Ltd