About the Company:
Artedz Fabs Ltd is engaged in manufacturing and trading of textile fabrics for shirtings and suitings.
Company is primarily engaged in the manufacturing of grey fabrics with high-end and fashion forward designs, using the expertise of in-house designing team.
Company specializes in manufacturing of textile fabrics majorly from cotton yarn and mainly caters to orders from both domestic and international markets.
Initially, Company had started the manufacturing of Cotton Fabric for shirtings and further started manufacturing Linen Fabric along with Blend of Cotton and Linen Fabrics.
Company has a manufacturing facility spread over a Land area of 15,789 sq. ft. in Bhiwandi, Maharashtra,
Company currently has an installed capacity of 21 Lakhs sq. metre per annum with 43 installed looms which can cater to the orders requiring any specific category of yarn.
Company’s History:
Company initially started its commercial production in the year 2007 by setting up a manufacturing facility at Bhiwandi Nashik Road, Maharashtra by importing second hand machineries.
In year 2011, the manufacturing facility of the Company collapsed due to incorrect and improper construction, subsequent to that, company reconstructed the manufacturing facility by installing the same machineries in the same facility.
However, in order to retain the customer’s trust during the dire time not only was the Company successful in reconstructing the facility but also fulfilled the orders received from customers through outsourcing the manufacturing activity, thereby reposing the value and brand of the Company.
Segment wise Revenue: (in Lakhs)
Management Team:
- Mr. Kashyap Gambhir (Designation: Chairman and Managing Director)
- Mr. Satbinder Singh Gill (Designation: Whole Time Director)
Objectives of the Issue:
- Funding the Working Capital requirements of the Company.
- General Corporate Purposes.
Financials of the Company:
| (in Crores) | FY 14 | FY 15 | FY 16 | FY 17 | FY 18 | 30th Sept18 |
|---|---|---|---|---|---|---|
| Revenue | 26.52 | 30.97 | 38.77 | 53.10 | 64.33 | 36.63 |
| Net Profit | (-0.44) | (-0.76) | (-0.35) | 1.78 | 3.51 | 2.54 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 18th January 2019 |
| Issue Closes on:. | 20th January 2019 |
| Issue Price | Rs.34- 36 |
| Face Value | Rs.10 |
| Minimum Lot | 3000 Shares |
| Minimum Investment | Rs.1,08,000 |
| Issue Constitutes | 26.99% |
| Issue Size | Rs.8.31 cr |
| Market Cap | Rs.30.81 cr |
| Listing at | NSE SME |
| Equity Shares Offered | 23,10,000 |
| Equity Shares Prior to the Issue | 62,50,000 |
| Equity Shares after the Issue | 85,60,000 |
Important Dates:
| Finalization of Basis of Allotment | on or Before 26th March 2019 |
| Initiation of Refunds | on or Before 27th March 2019 |
| Credit of Equity Shares: | on or Before 28th March 2019 |
| Listing Date: | on or Before 29th March 2019 |
IPO Valuation Parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
|---|---|---|---|
| 5.63 | 6.39 | 42.38% | 13.28 |
| Check IPO Allotment Status: |
|---|
Bigshare Website (Click on the below Link)http://www.bigshareonline.com/bssipoapplicationstatus.aspx |
| Company Contact Info: |
|---|
| Artedz Fabs Limited 206, Gambhir Industrial Estate, Opp. Paramount Print, Off Aarey Road, Goregaon (East), Mumbai – 400063, Maharashtra, India Tel: 022 29276278 Email: investors@artedzfabs.com Website: www.artedzfabs.com |
| IPO Registrar Info: |
|---|
| BIGSHARE SERVICES PRIVATE LIMITED 1st Floor, Bharat Tin Works Building, Opp.Vasant Oasis, Makwana Road, Marol, Andheri (East), Mumbai – 400059, Maharashtra, India. Tel: +91 22 62638200 Email: ipo@bigshareonline.com Website: www.bigshareonline.com |
| Lead Manager to the Issue: |
|---|
| PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED 406-408, Keshava Premises, Behind Family Court, Bandra Kurla Complex, Bandra (East) Mumbai- 400051, Maharashtra, India Tel: +91-22 6194 6700 Email: ipo@pantomathgroup.com Website: www.pantomathgroup.com |
