U

Unitec Fibres Ltd.

SME
unknown

Price Range

TBA

Issue Size

TBA

Lot Size

1 Shares

Min. Investment

TBA

Financial Summary

(in crores)
ParticularsFY 2024-25
Operating Revenue22,641.61
Other Income71.52
Total Income22,713.13
Total Expenses20,896.65
Profit Before Tax1,167.67
Total Profit821.84

Subscription Details

Subscription data not yet available

IPO Timeline

IPO Offer Start

TBA

IPO Offer Ends

TBA

Listing Date

TBA

Use of Proceeds

#PurposeAmount (₹ Cr)
1Repayment/prepayment of all or certain of our borrowings availed of by our 310

Promoters

Magic Films Pvt Ltd.

Promoter Shareholding

Pre-IPO

94.20%

Promoter stake

Post-IPO

N/A

Promoter stake

Offered to Public

39,16,800

shares

About the Company

Our Company is engaged in the manufacturing of Recycled Polyester Staple Fibre (“RPSF”), a product created from recycled polyester raw materials. The production process begins with the procurement of raw materials like PET flakes, PET chips and other polyester waste materials. These materials are then converted into raw inputs, spun into fibre and processed to meet the requirements of our customers related to fibre properties like colour and density. Our products find applications in industries like the automobiles (carpet, roof liners, trunks), home furnishing (sofa, curtains, carpets) and textile sectors (spinning mills). Our manufacturing process focuses on the regeneration of polyester fibre through the utilization of PET flakes, PET chips and other PET waste derived from discarded plastic bottles and post-consumer waste streams. By converting such recyclable materials into Recycled Polyester Staple Fibre ("RPSF"), we contribute to resource conservation, waste reduction and the production of environmentally sustainable products.

Use of Proceeds

(a) Repayment/prepayment of all or certain of our borrowings availed of by our Company; (b) General corporate purposes.