On the last day of bidding for the United Cotfab Limited IPO, the SME IPO received a good response from the investors with the issue getting oversubscribed 107.16 times with retail investors subscribing to the issue 77.22 times, and 'Others' category investors subscribing 114.71 times, according to chittorgarh.com
United Cotfab launched its IPO with a total of Rs 36.29 crore, offering 51.84 lakh shares at a price band of Rs 70 per share. The bidding for the SME IPO started on June 13 and ended on June 19. Investors needed to buy at least 2000 shares, requiring an investment of Rs 140,000.
The allotment for United Cotfab Limited IPO is expected to be finalised on Thursday, June 20.
Investors who bid for the IPO can check the share allotment status on the official website of the registrar for IPO, Purva Sharegistry India Private Limited and on the BSE website.
United Cotfab IPO Allotment Status on purvashare.com
Visit the official website of Purva Sharegistry here: https://www.purvashare.com/investor-service/ipo-query
Choose "United Cotfab Limited" from the list of companies.
Choose either PAN or Application number.
Enter the required information, which could be your application number or PAN (Permanent Account Number).
Click the "Search" button to check your allotment status.
Download or print the allotment status for your records.
United Cotfab IPO Allotment Status on BSE
Go to the official BSE website here: https://www.bseindia.com/investors/appli_check.aspx
Select the issue type as 'Equity.'
Choose "United Cotfab Limited" from the dropdown menu.
Enter your application number or PAN (Permanent Account Number).
Complete the 'Captcha' for verification.
Click on the "Search" button to view your allotment status.
Download or print the allotment status for your records.
The listing date for United Cotfab Limited will be Monday June 24, and the company's shares will be listed on BSE SME.
United Cotfab IPO Timeline (Tentative Schedule)
IPO Open Date: Thursday, June 13
IPO Close Date: Wednesday, June 19
Basis of Allotment: Thursday, June 20
Initiation of Refunds: Friday, June 21
Credit of Shares to Demat: Friday, June 21
Listing Date: Monday, June 24
Investors who received shares of the company will have their demat accounts credited on June 21. The refund procedure will begin on Friday, as soon as the allotment is finalised.
About United Cotfab Limited
United Cotfab Limited manufactures high-quality open-end yarn for the textile industry. United Cotfab Limited (formerly Known as the United Cotfab LLP and United Cotfab Private Limited) has been operating since 2015 in the textile Industry. The company's clients include textile manufacturers, garment exporters and distributors. The manufacturing facility of the company is situated in Taluka, Ahmedabad.
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