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Anand Rayons IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Surat and caters to Textiles sector. Guiness Corporate Advisors is the merchant banker of Anand Rayons IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 22nd February 2019.
Anand Rayons IPO open date is 18th June 2019 and close date is 24th June 2019. IPO Allotment Date is 27th June 2019 and Listing date is 2nd July 2019.
IPO
Size:
₹ 12.66 Cr.
Avg IPO Size (Sector Based)
: ₹
14.53 cr.
Sector: Textiles
SME
IPO so far:
87
Merchant Banker:
Guiness Corporate
SME
IPO by BRLM so far:
47
City:
Surat
SME
IPO so far:
40
Revenue (annualised):
₹
278.11
cr. 
PE
Ratio:
20.00x
Average Sector PE Ratio: 19.35x
Anand Rayons IPO size is ₹ 12.66 Cr. with IPO price of ₹ 27.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Guiness Corporate Advisors Private Limited is the book-running lead manager of the Anand Rayons IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Basan Equity Broking Limited for Anand Rayons IPO.
Anand Rayons IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Anand Rayons IPO, based in Surat, operates in the Textiles sector with a focus on . The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Anand Rayons IPO size is ₹ 12.66 Cr. with fresh issue size of ₹ 12.66 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Anand Rayons IPO is expected to be 27th June 2019, after the finalization of basis of allotment. Investors can check Anand Rayons IPO allotment status on the registrars website, Bigshare Services Private Limited. Anand Rayons IPO refund dates are 28th June 2019.
Anand Rayons IPO is expected to be listed on 2nd July 2019.
The upper price band for the Anand Rayons IPO is set at ₹ 27.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Anand Rayons IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Anand Rayons IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 24th June 2019. After submission, funds are blocked until the basis of allotment of Anand Rayons IPO is finalised.
The merchant banker for Anand Rayons IPO is Guiness Corporate Advisors Private Limited . Guiness Corporate Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Anand Rayons IPO RHP for further details.
The registrar for Anand Rayons IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Anand Rayons IPO through their official website or helpline.
Anand Rayons IPO was subscribed 1.17 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 12.66 Cr.
Avg IPO Size (Sector Based)
:
₹ 14.53 Cr.
Sector: Textiles
SME
IPO so far:
87
Merchant Banker:
Guiness Corporate
SME
IPO by BRLM so far:
47
City:
Surat
SME
IPO so far:
40
Revenue (annualised):
₹ 278.04 cr.
PE
Ratio:
20.00x
Average Sector PE Ratio: 19.35x
Anand Rayons IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Anand Rayons Financial Review Page
Merchant Banker(s) of Anand Rayons IPO: Guiness Corporate Advisors Private Limited
Anand Rayons IPO subscription was 1.17 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Anand Rayons IPO listed at a listing price of 27.20 against the offer price of 27.00.
The current market price of Anand Rayons is 252.00.
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