Axita Cotton IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Mahesana and caters to Agro sector. Beeline Capital Advisors is the merchant banker of Axita Cotton IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 21st November 2018.
Axita Cotton IPO open date is 27th December 2018 and close date is 2nd January 2019. IPO Allotment Date is 7th January 2019 and Listing date is 10th January 2019.Axita Cotton IPO size is ₹ 10.51 Cr. with IPO price of ₹ 60.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Beeline Capital Advisors Private Limited is the book-running lead manager of the Axita Cotton IPO. Link Intime India Private Limited is the Registrar and Market Maker is Beeline Broking Limited for Axita Cotton IPO.
Axita Cotton IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Axita Cotton IPO, based in Mahesana, operates in the Agro sector with a focus on . The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Axita Cotton IPO size is ₹ 10.51 Cr. with fresh issue size of ₹ 10.51 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Axita Cotton IPO is expected to be 7th January 2019, after the finalization of basis of allotment. Investors can check Axita Cotton IPO allotment status on the registrars website, Link Intime India Private Limited. Axita Cotton IPO refund dates are 8th January 2019.
Axita Cotton IPO is expected to be listed on 10th January 2019.
The upper price band for the Axita Cotton IPO is set at ₹ 60.00 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 Axita Cotton 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 Axita Cotton 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 2nd January 2019. After submission, funds are blocked until the basis of allotment of Axita Cotton IPO is finalised.
The merchant banker for Axita Cotton IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Axita Cotton IPO RHP for further details.
The registrar for Axita Cotton IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Axita Cotton IPO through their official website or helpline.
Axita Cotton IPO was subscribed 1.98 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Axita Cotton IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Axita Cotton Financial Review Page
Merchant Banker(s) of Axita Cotton IPO: Beeline Capital Advisors Private Limited
Axita Cotton IPO subscription was 1.98 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.
Axita Cotton IPO listed at a listing price of 62.10 against the offer price of 60.00.
The current market price of Axita Cotton is 10.00.
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