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Angel Fibers Ltd.
Issue Open Date 20-Feb-18  
Issue Closing Date 23-Feb-18  
Application Money 100  
Allotment Money  
Price Band () 27 -  
Minimum Bid Quantity. 4000  
Issue Size (Shares) 6748000  
Market Lot 1  
Objective

The objects of the Offer are to achieve the benefits of listing the Equity Shares on the Stock Exchange and for the Offer for Sale. Further, our Company expects that listing of the Equity Shares will enhance our visibility and brand image and provide liquidity to our Shareholders. The listing will also provide a public market for the Equity Shares in India. Our Company will not receive any proceeds from the Offer and all the proceeds will be received by the Selling Shareholders, in proportion to the Equity Shares offered by the respective Selling Shareholders as part of the Offer.

Business Description

Overview Incorporated in 2014, we are primarily affianced in the business of spinning of cotton yarn . We also trade in cotton waste which is by-product of our manufactured product. The manufacturing facility of our Company is situated at Kalavad in Jamanagar district of Gujarat state which is close to the cotton growing areas of Maharashtra and Saurashtra (region) of Gujarat. The company has i...

Promoter's Holding
Total Share Capital   20866680  
Offered to Public   6748000  
Promoter's Holding (Pre-Issue)   83.47  
Promoter's Holding (Post-Issue)   56.87  
Address
Address :Survey No. 100/1
Plot No.1 At. Haripar
Kalavad-ranuja Road
City :Jamnagar, State :Gujarat Pincode :361013 Phone :09726111118 Email : info@angelfibers.com / angelfibers0l@gmail.com Website : www.angelfibers.com
Registrar
Bigshare Services Pvt Ltd
G 10 Left Wing Amruta Village
Opp: Yashoda Hospital
Raj Bhavan Road
Somajiguda
Hyderabad
Listed at
BSE
Lead Manager
Guiness Corporate Advisors Pvt Ltd. (Formerly Known As Guiness Merchant Bankers Pvt Ltd)
Promoters
Ashok M Dudhagara
Prafulaben A Dudhagara
BNK Securities Pvt. Ltd

CIN No.:U67120WB1995PTC071182 (ISO 90001:2015 & ISO 27001:2013 Certified Company)

Registered Office: Mayfair Tower, 2,Palm Avenue,Kolkata-700 019

Tel:+91-33-4602-2160/61/62/63 Email:contact@bnkcapital.com

BNK Securities Pvt Ltd. MEMBERS OF NSE, BSE AND MSEI SEBI Registration no: INZ000220037

SEBI Registration No: MB / INM000011641 (Category I Merchant Banker), Research Analyst. Reg no INH300003520

DEPOSITORY PARTICIPANT SEBI Registration No-In-DP-673-2022, CDSL DP ID - 12060500.

AMFI certified Mutual Fund Distributor Registration No: ARN–86507

For any grievances, investors can contact at: grievance@bnkstockline.com, Tel:+91-33-4602-2160/61/62/63

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