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United Cotfab Limited IPO Review & Recommendations

 

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United Cotfab Limited IPO

June 13, 2024 - June 19, 2024 Closed

­­United Cotfab Limited IPO Review

united cotfab private limited started producing cotton yarn in April 2023. Their factory has modern, automated machinery, which boosts productivity and profitability. Their technical team uses the latest spinning technology and methods to ensure high-quality yarn. Technology plays a key role in the cotton yarn industry.

United Cotfab limited ipo engaged in high-quality open-end yarn for the textile industry. Their process follows strict quality standards and uses advanced technology and machinery. It includes carefully choosing raw materials, blending when necessary, spinning, winding, and thorough quality control. Their skilled technicians and operators make sure every batch of open-end yarn meets top-quality standards. They have a thorough quality management system for every production stage. They rigorously test and inspect raw materials, in-process products, and final yarns to ensure they meet the required standards. They are dedicated to sustainable manufacturing and environmental care, aiming to reduce waste, save energy, and minimize environmental impact.

United Cotfab Limited Products and Services

United Cotfab limited products and services are their business activities is manufacturing, open-end cotton yarn, selling and distribution, open cotton yarn, and cotton waste, Yarn is a long, continuous strand of interwoven fibers used in making textiles, sewing, crocheting, knitting, weaving, embroidery, and rope. Thread is a specific type of yarn designed for hand or machine sewing. united co-operatives Limited specializes in producing open-end yarn for various uses in the textile industry.

United Cotfab Limited's Products strategies are Cost Effective Manufacturing Processes, entering new geographies, Maintaining strong relationships with customers, and Optimum Utilization of Resources. Their competitive strengths are Experienced Promoters, the Location advantage of their manufacturing facility, and the Scalable Business Model.

Financial Overview  

Initially a fabric trader, the company started manufacturing cotton yarn in April 2023, completing its first full year. This year saw significant increases in revenue and profit, which has drawn attention and raised concerns about sustainability in a competitive and fragmented market. Given the strong earnings in FY24, the stock seems fully valued. Investors who are knowledgeable and have extra cash might consider investing moderate funds for the long-term.

Frequently Asked Question

The face value of United Cotfab Limited IPO is ₹10 per share.
The IPO prospectus can be found on the official website of United Cotfab Limited, the stock exchange website, or through your broker.
The meaning of " United Cotfab Limited IPO GMP " is the Grey Market Premium (GMP) for the initial public offering (IPO) of sattrix information security pvt ltd on the current day.
Pre-issue shareholding of the United Cotfab Limited IPO promoter is 100.00%.
Minimum and maximum order quantity is 1 lot only.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in quest laboratories private limited using any neatest method at your convenience.
United Cotfab Limited IPO share price Shares will be listed at BSE SME.
Post-issue shareholding of the united cotfab private limited promoter is 69.84%.
Opening date of United Cotfab Limited IPO is June 13, 2024.
United Cotfab Limited IPO shares will get listed on June 24, 2024.
The funds raised from the IPO will be used for business expansion, working capital needs, and other general corporate purposes.
You will receive on United Cotfab Limited IPO shares in your Demat account on June 20, 2024, if allotted.
If you do not get the allotment of on United Cotfab Limited IPO, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Lot size of the United Cotfab Limited IPO is 2000 shares.
Closing date of United Cotfab Limited IPO is June 19, 2024.
United Cotfab Limited IPO share price ₹70 per share.
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