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 cum 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.
- Diverse product portfolio with a focus on quality.
- Repeated orders from satisfied customers.
- Location Advantage.
Objectives of the Issue:
- Funding the working capital requirements of the company.
- General corporate purposes.
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