Skip to main content
JDA Capital Services Limited
Notices
IPO of Maxwell Engineering Solutions Limited (NSE Emerge) opens on 30 October 2026 and closes on 3 November 2026. Price band ₹150–₹158 per share. JDA Capital Services Limited is the Book Running Lead Manager.Dear Investor, please note that the account closing facility is now available online and can be accessed with your login credentials on https://rekyc.beelinebroking.com/. For the detailed procedure, see the Online Account Closure Procedure Manual (PDF).Stock brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.Update your mobile number & email ID with your stock broker / depository participant and receive OTP directly from the depository on your email ID and/or mobile number to create a pledge.Pay 20% upfront margin of the transaction value to trade in the cash market segment.Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.Check your Securities / MF / Bonds in the consolidated account statement issued by NSDL/CDSL every month.Investors may please refer to the Investor Charter as per SEBI circular Ref No. SEBI/HO/IMD/IMD-II CIS/P/CIR/2 dated December 13, 2021.View all Notices

Home/Recent Deals/Axita Cotton Limited

Deal details

Axita Cotton Limited

Lead Manager to the Public Issue (SME IPO) of ₹10.51 Cr, listed on BSE SME in 2019.

Completed

Deal at a Glance

Key terms of JDA Capital's mandate for the SME IPO of Axita Cotton Limited on BSE SME.

RoleLead Manager
TypePublic Issue (SME IPO)
SectorTextiles (Cotton)
Issue size₹10.51 Cr
ExchangeBSE SME
Year2019

IPO Timetable

Key dates of the Axita Cotton Limited SME IPO (27 Dec 2018 to 10 Jan 2019).

  1. 1IPO Open27 Dec 2018
  2. 2IPO Close02 Jan 2019
  3. 3Allotment07 Jan 2019
  4. 4Refund08 Jan 2019
  5. 5Credit of Shares09 Jan 2019
  6. 6Listing10 Jan 2019

About Axita Cotton Limited

Updated on 23 Oct 2026

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.

Transaction Overview

Issue terms of the Axita Cotton Limited SME IPO, with JDA Capital as Lead Manager.

InstrumentEquity Shares (Public Issue, SME IPO)
Issue size₹10.51 Cr
ExchangeBSE SME
Role of JDA CapitalLead Manager
Face value₹10 per share
Issue price₹60 per share
Lot size2,000 shares
Issue typeFresh issue
Listing price₹61.00
Subscription1.90x

Registrar, Lead Manager & Contact Details

Registrar, lead manager, market maker and company contact details for the Axita Cotton Limited SME IPO.

IPO Registrar

MUFG Intime India Private Limited (formerly Link Intime)

IPO Lead Manager(s)

  1. JDA Capital Services Limited

Market Maker

  • Beeline Broking Limited

Lead Manager Reports

Contact Details

Axita Cotton Limited. Address

Survey No. 324, 357, 358, Kadi Thol Road,
Borisana, Kadi,
Mahesana, Gujarat 382715

How JDA Capital Supported the Transaction

JDA Capital's role as Lead Manager to the Axita Cotton Limited SME IPO, from first review to listing.

  1. Understand

    Reviewed Axita Cotton's cotton bale and cotton yarn business, track record and funding needs to assess readiness for an SME listing.

  2. Evaluate

    Assessed financials, governance and eligibility against BSE SME platform requirements and SEBI ICDR norms.

  3. Structure

    Structured a fresh issue of 17,52,000 equity shares at ₹60 per share (face value ₹10), including a market maker reservation of 92,000 shares.

  4. Execute

    Managed due diligence, offer document, regulatory filings and the issue process: open 27 Dec 2018, close 02 Jan 2019, allotment 07 Jan 2019.

  5. Create Value

    Listed on BSE SME on 10 Jan 2019. The company has since migrated to the Main Board and is listed on BSE and NSE.

Offer Documents

Offer documents and public notices for the Axita Cotton Limited SME IPO.

Have a deal like this in mind?

Speak to a senior member of our team about your own plans.

Similar mandate?

Planning a Similar Transaction?

Tell us about your requirement and we will discuss how a transaction like this could work for you.

What happens next
  1. 01

    Share your requirement

    Tell us about the business and what you want to achieve.

  2. 02

    We review and respond

    A senior member of the team reviews your enquiry and gets back to you.

  3. 03

    Plan the way forward

    We outline the options and the right path for the transaction.

Advisory engagements are subject to mandate, eligibility and applicable regulatory requirements.

Tell us about your requirement

Fields marked with * are required.