Avi Ansh Textile Limited

About the company

## **About Avi Ansh Textile Limited** Avi Ansh Textile Limited, established in 2005, has built a strong reputation as a manufacturer and exporter of high-quality 100% cotton yarn, including both combed and carded varieties. By 2012, the company achieved a production capacity of approximately 4,500 MT per year, supported by 26,314 spindles. With a focus on quality and compliance with international standards, Avi Ansh has earned the trust of both domestic and global buyers. Branded as Pooja Gold, their yarn is known for its exceptional softness, strength, and versatility, making it a preferred choice in the textile market. The company has successfully vertically integrated into the knitting sector, allowing it to produce a wide range of superior fabrics in both dyed and greige forms. Equipped with state-of-the-art high-speed automatic circular knitting machines, Avi Ansh’s fabric division boasts a capacity of 1,800 MT per annum, offering various fabric types tailored to customer specifications. This strategic expansion reflects the company’s commitment to meeting the evolving demands of the textile industry while ensuring timely delivery. The company is proactive in maintaining a competitive edge, employing advanced machinery of German and European origin, and ensuring continuous updates to its technology. By leveraging over 30 years of industry experience, Avi Ansh is dedicated to producing a diverse range of yarns at competitive prices, fulfilling customer needs effectively. With a robust operational presence in states like Punjab, Haryana, Uttar Pradesh, and Delhi, as well as international markets in Nepal, Bangladesh, the Philippines, and Hong Kong, Avi Ansh has successfully built strong client relationships. The company’s focus on sustainability and strategic market penetration techniques positions it well for future growth. By not only supplying yarns but also producing a variety of fabrics tailored to current fashion trends, Avi Ansh Textile Limited continues to thrive in the dynamic textile sector. Avi Ansh Textile Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives: 1. To meet Working Capital requirements 1. Term Loan Repayment  1. General Corporate Purpose

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   20 Sept 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   24 Sept 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   22 Sept 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   26 Sept 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   25 Sept 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   27 Sept 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.