United Cotfab Ltd IPO

United Cotfab Limited announces an IPO with 51,84,000 shares worth INR 36.29 crores to meet working capital needs and general corporate purposes.

Important Details

Open Date : June 13, 2024 Close Date :  June 19, 2024 Allotment Date: June 20, 2024 Listing Date: June 24, 2024

Important Details

IPO Price: INR 70 per share Lot Size: 2000 Shares Total Issue Size: INR 36.29 crores

Fundamental Analysis

United Cotfab Ltd Mixed financial performance: 1. Revenue Up. 2. Profitability,EPS, and RoNW have risen.Boosting investor confidence. 3. Higher inventory turnover indicates strong sales & efficient inventory management.

Peer Comparison

United Cotfab : Textiles, Moderate Revenue & Eps. Lagnam Spintex: High Revenue & Eps. Pbm Polytex : Low Revenue, High Eps & Profitability. Vippy Spinpro : Moderate Revenue, High Eps & Profitability.


United Cotfab's main objective 1. To meet working capital requirements & General Corporate Purposes.

Risks And Challenges

United Cotfab IPO risks: 1. Legal entanglements,Lacking documentation in a group company case. 2. Potential adverse outcomes & Open-ended cotton yarn production. 3. Absent Non-Compete Agreement & Heavy reliance on critical customers for revenue.