Gajanand International Ltd IPO
Price Range
₹36
-
Min. Quantity
3,000 Shares
Closes on
11 September 2024
-
Min. investment
₹1,08,000
Gajanand International Ltd IPO Timeline
| Event | Date |
|---|---|
| Gajanand International Ltd IPO Opening Date | 9 September 2024 |
| Gajanand International Ltd IPO Closing Date | 11 September 2024 |
| Basis of Allotment | 12 September 2024 |
| Initiation of Refunds | 12 September 2024 |
| Credit of Shares to Demat | 13 September 2024 |
| Gajanand International Ltd IPO Listing Date | 16 September 2024 |
Gajanand International Ltd IPO Details
| Gajanand International Ltd IPO Date | 9 September 2024 to 11 September 2024 |
| Gajanand International Ltd IPO Face Value | ₹10 per share |
| Gajanand International Ltd IPO Price | ₹36 to ₹0 per share |
| Gajanand International Ltd IPO Lot Size | 3,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹20.65 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹20.65 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Ashok Bhagvanbhai Monsara, Truptiben Ashokbhai Monsara, Ashish Dhirajlal Monsara |
Gajanand International Ltd IPO Lot Size
The Gajanand International Ltd IPO lot size is 3,000 shares. A retail-individual investor can apply for up to 1 lots (3,000 shares or ₹1,08,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 3,000 | ₹1,08,000 |
| Maximum | 1 | 3,000 | ₹1,08,000 |
- Strengths
- Risks
- Opportunities
- Good track record.
- Government support Textile industry.
- Leveraging the experience of its Promoters.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with its consumers.
- Quality assurance and control.
Company Financials
Gajanand International Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 46.75 | 95.12 | 0.36 |
| 03-2024 | 39.31 | 108.75 | 2.24 |
| 03-2023 | 19.01 | 73.42 | 1.41 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Working capital requirement
- General corporate purposes
Gajanand International Ltd IPO Promoter Holding
| Pre Issue Share Holding | 23.64% |
| Post Issue Share Holding | 16.44% |
Gajanand International Ltd IPO Subscription Status (Bidding Detail)
The Gajanand International Ltd IPO is subscribed 0 times on 11 September 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | - |
Gajanand International Ltd IPO Prospectus
Gajanand International Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0QTE01018 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Survey # 1257/1266Jasdan Atkot Road Jasdan,Rajkot-360050
Phone: +91 99094 46110
Email: gajanandcottex@gmail.com
Website: www.gajanand-int.com
Gajanand International Ltd IPO Registrar
Gajanand International Ltd IPO Lead Manager(s)
- Fast Track Finsec Pvt Ltd
How to Check the Allotment Status of Gajanand International Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Gajanand International Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Gajanand International Ltd IPO
Gajanand International Ltd was originally incorporated as a Private Limited Company with the name 'Gajanad Cottex Private Limited' pursuant to a Certificate of Incorporation dated June 15, 2009 issued by the RoC. The name of the Company changed to Gajanand International Private Limited' dated May 26, 2023, thereafter upon conversion into a Public Company, the name finally got changed to Gajanand International Limited' and fresh Certificate of Incorporation was issued by the RoC dated June 01, 2023.
FAQ
What is the issue size of Gajanand International Ltd IPO?
I have pre-applied for Gajanand International Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.