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Kumar Cotton Mills IPO IPO

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Listing
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Issue Size
50,72,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets142.67123.61125.65
Total Income240.01249.14251.93
Profit After Tax4.761.802.18
EBITDA16.5413.9113.61
NET Worth31.3626.6024.79
Reserves and Surplus29.5624.8022.99
Total Borrowing64.7965.2056.53
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Shreedhar Spinners Ltd.SME₹30.68 Cr₹5313.44₹57.10+7.74%₹115.00
Harikanta Overseas Ltd.SME₹24.30 Cr₹9114.66₹75.77-16.74%₹72.50
Yajur Fibres Ltd.SME₹120.41 Cr₹17423.49₹132.25-23.99%₹33.40
K K Silk Mills Ltd.SME₹28.50 Cr₹3812.12₹30.40-20.00%₹9.87
Game Changers Texfab Ltd.SME₹54.84 Cr₹10210.58₹109.35+7.21%₹113.00
Sihora Industries Ltd.SME₹10.56 Cr₹6613.14₹66.50+0.76%₹60.50
Siddhi Cotspin Ltd.SME₹69.85 Cr₹10816.06₹82.10-23.98%₹28.40
Rachit Prints Ltd.SME₹19.50 Cr₹14911.85₹113.25-23.99%₹192.00
Alpine Texworld Ltd.Mainboard₹126.25 Cr₹10512.68₹99.75-5.00%₹60.46
Kusumgar Ltd.Mainboard₹650.00 Cr₹41944.8₹602.80+43.87%₹595.00
Aastha Spintex Ltd.Mainboard₹170.00 Cr₹13618.78₹136.49+0.36%₹73.03
Shree Ram Twistex Ltd.Mainboard₹110.24 Cr₹10438.21₹71.40-31.35%₹39.59

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding of capital expenditure towards Setting up of new manufacturing facility at Block No 336, Mouje Miroli, Taluka Dascroi, Sub District Ahmedabad ll, Gujarat24.68
2Funding for Working Capital Requirements8.50
3General Corporate Purpose
Total33.18

About Kumar Cotton Mills IPO

Incorporated in 1990, Kumar Cotton Mills is engaged in the processing of woven and knitted fabrics, offering a range of textile processing services including bleaching, dyeing, printing, and finishing. These processes enhance the appearance, quality, and functionality of fabrics, which are subsequently used in applications such as suiting, shirting, women’s apparel, hosiery, nightwear, and other garments. The company caters primarily to garment manufacturers, textile manufacturers and processors, traders, and wholesalers. It operates through two principal business models. Under the job work processing model, customers provide grey or unfinished fabric, which the Company processes according to specified requirements relating to color, shade, finish, dimensions, and other quality parameters. Revenue from this segment is generated through processing charges. Under its own-account processing and sale model, the Company procures grey fabric from suppliers, undertakes the required processing activities at its manufacturing facility, and sells the finished fabric to customers across the textile value chain. Its product portfolio includes processed woven and knitted fabrics made from a var

Contact Details

Kumar Cotton Mills Ltd. Address160/A, New Cloth Market,O/s Raipur GateAhmedabad, Gujarat, 38000291-9825313598kumarcotton@yahoo.comVisit Website