Axita Cotton Limited manufactures, trades, processes and finishes cotton bales and cotton yarn. The company was incorporated in 2013 and operates from Kadi, Mahesana, Gujarat.
In December 2018 and January 2019 the company raised ₹10.51 Cr through a Public Issue (SME IPO) of equity shares at ₹60 per share (face value ₹10, lot size 2,000 shares). The shares were listed on BSE SME on 10 January 2019 at a listing price of ₹61.00.
JDA Capital Services Limited acted as Lead Manager to the issue. The issue was subscribed 1.90 times; MUFG Intime India Private Limited (formerly Link Intime) was the registrar and Beeline Broking Limited the market maker.
Axita Cotton has since migrated from the SME platform and is now listed on the BSE and NSE Main Boards.


