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IPO Snapshot    
Angel Fibers Ltd.
Issue Open Date 20-Feb-18  
Issue Closing Date 23-Feb-18  
Application Money 100  
Allotment Money  
Price Band 27 -  
Minimium Application No. 4000  
Issue Size (Shares) 6748000  
Market Lot 1.00  
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.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors       NA  
Qualified Institutional Buyers       NA  
Retail Individual Investors       NA  
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
more...
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
Survey No. 100/1
Plot No.1 At. Haripar
Kalavad-ranuja Road
Jamnagar ,
Gujarat ,
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
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