AB Cotspin IPO Subscription Status {Live Data 2021}
Written by Lucky Wilson | KGTO Writer on December 29, 2021
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.
IPOWatch View
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 IPO Subscription Status (Live Data – Day 1)
| Category | Day 1 | Day 2 | Day 3 |
| NII | 0.00 | 0.00 | 0.00 |
| RII | 0.00 | 0.00 | 0.00 |
| Total | 0.00 | 0.00 | 0.00 |
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:
The IPO subscription starts on 30 December 2021 for NII, and Retail Investors.
The IPO subscribed -x times on day 1.
The RII subscription is -x on day 1.
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.
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.
To know more about latest IPO gmp please visit correctsuccess.com
