AB Cotspin India Limited IPO SME IPO : Issue opens Dec 30, 2021
Incorporated in 1997, AB Cotspin is engaged in the manufacturing of cotton yarn, knitted fabric, cottonseed oil, and oilcake products. The company manufactures products based on the orders from its clients. The company has one manufacturing facility located in, Punjab, along with 2 warehouses and 1 shop cun godown to manage its supply chain operations. As of the date of the DRHP, the company has installed 18,000 spindles for manufacturing cotton yarn, 441 mt p.a. for knitted fabric, and 6,750 mt p.a. for seed oil/oilcake. The company has made significant investments in its manufacturing infrastructure to support its product portfolio requirements and reach. Majority of the company's customers are from Punjab and Haryana.
Objects of the Issue:
Funding the working capital requirements of the company; and
General corporate purposes
Competitive Strengths:
Diverse product portfolio with a focus on quality
Experienced management and dedicated employee base
Repeat orders from satisfied customers
Location Advantage
Company Promoters:
Deepak Garg and Pooja Garg are the company promoters.
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