Jiwanram Sheoduttrai Industries Ltd
Price Range
₹23
Min. Quantity
6,000
Closes on
12 September 2023
Min. investment
₹1,38,000/6,000 Shares
Jiwanram Sheoduttrai Industries Ltd IPO Timeline
Jiwanram Sheoduttrai Industries Limited was originally set up as a Private Company with the name 'Jiwanram Sheoduttrai Industries Private Limited' on September 23, 1997 by the RoC, West Bengal. Further, the status got changed to a Public Company on May 23, 2022 and
| Event | Date |
|---|---|
| Jiwanram Sheoduttrai Industries Ltd IPO Opening Date | 8 September 2023 |
| Jiwanram Sheoduttrai Industries Ltd IPO Closing Date | 12 September 2023 |
| Basis of Allotment | 15 September 2023 |
| Initiation of Refunds | 18 September 2023 |
| Credit of Shares to Demat | 20 September 2023 |
| Jiwanram Sheoduttrai Industries Ltd IPO Listing Date | 18 September 2023 |
Jiwanram Sheoduttrai Industries Ltd IPO Details
| Jiwanram Sheoduttrai Industries Ltd IPO Date | 8 September 2023 to 12 September 2023 |
| Jiwanram Sheoduttrai Industries Ltd IPO Face Value | ₹10 per share |
| Jiwanram Sheoduttrai Industries Ltd IPO Price | ₹23 to ₹0 per share |
| Jiwanram Sheoduttrai Industries Ltd IPO Lot Size | 6,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹17.07 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹17.07 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 | Alok Prakash, Anupama Prakash, Gyan Prakash |
Jiwanram Sheoduttrai Industries Ltd IPO Lot Size
The Jiwanram Sheoduttrai Industries Ltd IPO lot size is 6,000 shares. A retail-individual investor can apply for up to 1 lots (6,000 shares or ₹1,38,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 6,000 | ₹1,38,000 |
| Maximum | 1 | 6,000 | ₹1,38,000 |
- Strengths
- Risks
- Opportunities
- International Presence and Wide Distribution Network.
- Cost effective production and timely fulfilment of orders.
- Established manufacturing facilities with over decades of operations.
- Products with National & International Certifications.
- Experienced Promoters and strong senior management team with extensive knowledge of the sector.
Company Financials
Jiwanram Sheoduttrai Industries Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 126.36 | 43.96 | 1.75 |
| 03-2023 | 121.12 | 45.98 | 4.03 |
| 03-2022 | 113.77 | 34.15 | 1.50 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- To meet Working Capital Expenses
- Prepayment and repayment of all a portion of certain unsecured loan availed by the company
- General corporate purposes
Jiwanram Sheoduttrai Industries Ltd IPO Promoter Holding
| Pre Issue Share Holding | 1.64% |
| Post Issue Share Holding | 1.15% |
Jiwanram Sheoduttrai Industries Ltd IPO Subscription Status (Bidding Detail)
The Jiwanram Sheoduttrai Industries Ltd IPO is subscribed 34.3226 times on 12 September 2023 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) | - | - | - | - | 34.3226 |
Jiwanram Sheoduttrai Industries Ltd IPO Prospectus
Jiwanram Sheoduttrai Industries Ltd IPO Listing Date
| Listing Date | 18 September 2023 |
| BSE Script | 77846 |
| NSE Symbol | JIWANRAM |
| Listing In | NSE - SME |
| ISIN | INE0N5H01017 |
| IPO Price | ₹23 |
| Face Value | ₹10 |
Company Contact Information
30D Jawaharlal Nehru Road,Kolkata-700016
Phone: 91-33-4016 9500
Email: investor@jiwan.co.in
Website: www.jiwanramgroup.com
Jiwanram Sheoduttrai Industries Ltd IPO Registrar
Jiwanram Sheoduttrai Industries Ltd IPO Lead Manager(s)
- Affinity Global Capital Market Pvt Ltd
FAQ
What is the issue size of Jiwanram Sheoduttrai Industries Ltd IPO?
I have pre-applied for Jiwanram Sheoduttrai Industries 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.