Monday, January 03, 2022

AB Cotspin IPO Subscription Status {Final Data}

AB Cotspin IPO subscription is to start from December 30, 2021, Thursday. The company to raise ₹10.09 crores via SME IPO at a price band of ₹33 to ₹35. The retail portion of this IPO is 50%, and HNI is 50% quota. The IPO subscription will close on January 03, 2022, Monday. The IPO bid for the IPO is 4000 shares that cost ₹140,000 for 1 lot. The face value is ₹10 per equity share. AB Cotspin is a manufacturer of cotton yarn, knitted fabrics, cottonseed oil, and oilcake products based in Punjab. The company reported ₹155 crores of revenues in 2021 against ₹94 crores in 2020. The company's financial report is looking good and stable with stable profit YOY. Please check the AB Cotspin IPO details over here.

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We recommend investors may apply for an IPO. Investors should also look at the Retail and HNI numbers before investing. You can check the AB Cotspin IPO allotment status here.
AB Cotspin

    AB Cotspin IPO Subscription Status (Final Data)

    Category Day 1 Day 2 Day 3
    NII 1.07 0.82 9.45
    RII 4.48 2.10 17.47
    Total 2.78 1.46 13.46

    AB Cotspin IPO Date & Price Band

     IPO Open:  30 December 2021
     IPO Close:  03 January 2022
     IPO Size:  Approx ₹10.09 Crores
     Face Value:  ₹10 Per Equity Share
     Price Band:  ₹33 to ₹35 Per Equity Share
     Listing on:  NSE SME
     Retail Quota:  50%
     NII Quota:  50%
     DRHP Draft Prospectus:  Click Here
     RHP Draft Prospectus:  Click Here

    AB Cotspin IPO Market Lot

    The AB Cotspin IPO minimum market lot is 4000 shares with ₹140,000 application amount.
     Minimum Lot Size:  Minimum 4000 Shares for 1 lot
     Minimum Amount:  ₹140,000 for 1 lot
     Maximum Lot Size:  Minimum 4000 Shares for 1 lot
     Maximum Amount:  ₹140,000 for 1 lot

    AB Cotspin IPO Time Table

    The AB Cotspin IPO date is 30 December 2021 and the IPO close date is 03 January 2022. The allotment date is 06 January 2022 and the IPO may list on 11 January 2022.
     IPO Open Date:  30 December 2021
     IPO Close Date:  03 January 2022
     Basis of Allotment:  06 January 2022
     Refunds:  07 January 2022
     Credit to Demat Account:  10 January 2022
     IPO Listing Date:  11 January 2022

    AB Cotspin IPO Subscription FAQs:


    When AB Cotspin IPO Subscription will start?
    The IPO subscription starts on 30 December 2021 for NII, and Retail Investors.

    How much AB Cotspin IPO subscribed?
    The IPO subscribed 13.46x times on day 3.

    What is AB Cotspin IPO Retail subscription status?
    The RII subscription is 17.47x on day 3.

    How to subscribe AB Cotspin IPO?
    You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

    How do i check live AB Cotspin IPO Subscription Numbers?
    One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and BSE websites. One can check the live subscription on BSE or NSE website on the particular IPO page.
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