MS
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Open
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Close
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Allotment
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Listing
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Price Band
₹62 per share
Issue Size
17,20,000 shares (agg. up to ₹11 Cr)
Lot Size
2,000 Shares
Listing Date
[.]
✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 12.45 | 11.79 | 6.77 | 4.05 |
| Total Income | 1.37 | 6.20 | 5.45 | 5.23 |
| Profit After Tax | 0.20 | 1.68 | 1.90 | 1.39 |
| NET Worth | 5.58 | 5.37 | 3.69 | 1.79 |
| Reserves and Surplus | 5.18 | 4.97 | 3.29 | 1.39 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shreedhar Spinners Ltd. | SME | ₹30.68 Cr | ₹53 | 13.44 | ₹57.10 | +7.74% | ₹90.05 (-3.69%) |
| Harikanta Overseas Ltd. | SME | ₹24.30 Cr | ₹91 | 14.66 | ₹75.77 | -16.74% | ₹74.49 (-1.18%) |
| Yajur Fibres Ltd. | SME | ₹120.41 Cr | ₹174 | 23.49 | ₹132.25 | -23.99% | ₹37.39 (+2.02%) |
| K K Silk Mills Ltd. | SME | ₹28.50 Cr | ₹38 | 12.12 | ₹30.40 | -20.00% | ₹10.01 (-2.34%) |
| Game Changers Texfab Ltd. | SME | ₹54.84 Cr | ₹102 | 10.58 | ₹109.35 | +7.21% | ₹95.75 (-1.29%) |
| Sihora Industries Ltd. | SME | ₹10.56 Cr | ₹66 | 13.14 | ₹66.50 | +0.76% | ₹59.00 (+0.00%) |
| Siddhi Cotspin Ltd. | SME | ₹69.85 Cr | ₹108 | 16.06 | ₹82.10 | -23.98% | ₹28.55 (+0.35%) |
| Rachit Prints Ltd. | SME | ₹19.50 Cr | ₹149 | 11.85 | ₹113.25 | -23.99% | ₹204.00 (-0.07%) |
| Alpine Texworld Ltd. | Mainboard | ₹126.25 Cr | ₹105 | 12.68 | ₹99.75 | -5.00% | ₹85.54 (-4.99%) |
| Kusumgar Ltd. | Mainboard | ₹650.00 Cr | ₹419 | 44.8 | ₹602.80 | +43.87% | ₹601.35 (-1.30%) |
| Aastha Spintex Ltd. | Mainboard | ₹170.00 Cr | ₹136 | 18.78 | ₹136.49 | +0.36% | ₹102.62 (-0.58%) |
| Shree Ram Twistex Ltd. | Mainboard | ₹110.24 Cr | ₹104 | 38.21 | ₹71.40 | -31.35% | ₹40.28 (+0.20%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding towards construction of a new office building at the Unit-II land | 0.88 |
| 2 | Funding towards purchase of machinery and equipment at the Unit-II | 0.99 |
| 3 | Meeting incremental working capital requirements | 5.06 |
| 4 | General Corporate Purposes | |
| Total | 6.93 |
About Max Supreme Textiles IPO
Incorporated in 2021, Max Supreme Textiles Limited is a leading manufacturer of narrow fabrics in India. The company specializes in producing high-quality webbings, tapes, elastics, and various garment accessories. Their product range includes webbing & and binding tapes, bungee cords, garment tapes, woven and jacquard elastics, mattress tapes, polypropylene multifilament yarn, pet leash tapes, grosgrain ribbons, footwear tapes and elastics, medical webbing tapes, and more. The company serves diverse industries, offering customizable options and sustainable materials to meet various design and functional requirements. The company served 47 customers in Q1 of FY 2024, 68 in FY 2024, 17 in FY 2023, and 20 in FY 2022, during the respective periods ending June 30 each year. Products: Webbing Tape: Used in manufacturing of Bags & Luggage Garment tape: Used in manufacturing of Apparels / Garments Polyester Piping Tapes: Used in manufacturing of Bags & Luggage Mattress Tapes: Used in manufacturing of Mattress Competitive Strengths: Long-standing relationship with the customers from diverse industries Diversified Product Portfolio Strong manufacturing base + Read More
Contact Details
Max Supreme Textiles Ltd. Address10/1051, Ayyappanpara,Thevarmani,Chathamangalam PO, Nemmara, Chathamangalam,Palakkad, Chittur,Chittur, Kerala, 678508+91 04923 291956info@maxsupremetextiles.comVisit Website