IPO

Gajanand International Limited IPO

NSE SME

Listed On: Sep 16, 2024 at ₹ 42.0

₹ 108000 /3000 Shares

Check Allotment

Gajanand International IPO Details

09 Sep, 2024

Open Date

11 Sep, 2024

Close Date

12 Sep, 2024

Allotment Date

16 Sep, 2024

Listing Date

Issue Price

₹36 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

42.0

Listing Date

2024-09-16

Market Lot

3000 Shares (₹108,000/-)

Lead Manager

Fast Track Finsec Pvt Ltd

Issue Size

5,736,000 shares(aggregating up to ₹20.65 Cr)

Retail Portion

50%

Subscription

15.27 times

IPO Docs

DRHP RHP

Gajanand International IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved2,724,0002,724,0005,448,000
Day 1 - 09-09-24 06:00 PM0.17 x1.88 x1.03 x
Day 2 - 10-09-24 06:00 PM0.92 x7.93 x4.43 x
Day 3 - 11-09-24 06:00 PM5.79 x24.18 x15.27 x
Total No. of Applications: 214,072 (Approx)

Gajanand International Valuations

EPS Pre IPO

₹1.08/-

EPS Post IPO

₹1.59/-

P/E Pre IPO

33.43

P/E Post IPO

22.68

RoNW

%

Gajanand International Company Financials All values are in ₹ Lakh

31-Mar-2431-Mar-2331-Mar-22
Assets3,931.11,900.581,944.36
Revenue10,874.817,342.46,176.21
Profit After Tax223.73141.062.85

About The Company

Gajanand International Limited, formerly known as Gajanand Cottex Private Limited, is engaged in the production of contamination-free and sustainable cotton.

The company's product portfolio includes:
Mech1 cotton: grown in Madhya Pradesh and Maharashtra, it is sown in the June/July period and harvested from November to January.
Shankar6 cotton: This is grown domestically and is the most exported raw cotton variety in India.
DCH 32 cotton: It is sown in the months of July-August and is ready for harvest from December to March. It is grown in the states of Karnataka, Tamil Nadu and Madhya Pradesh.
Khol: It is made from high-quality and pure cotton seeds.

As of March 31, 2024, the company had 22 employees.

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Gajanand International - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)

  1. Mr. Ashok Bhagvanbhai Monsara
  2. Mrs. Truptiben Ashokbhai Monsara
  3. Mr. Ashish Dhirajlal Monsara

Gajanand International IPO - Issue Objectives

  1. To meet out the Working Capital requirements of the Company
  2. To meet out the General Corporate Purposes
  3. To meet out the Issue Expenses.

Gajanand International IPO - FAQs

Ans. Gajanand International Limited IPO is a SME IPO. The issue is priced at ₹36 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Sep 9, 2024, and closes on Sep 11, 2024. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Gajanand International Limited IPO opens on Sep 9, 2024 and closes on Sep 11, 2024.

Ans. The size of Gajanand International Limited IPO is 5,736,000 shares(aggregating up to ₹20.65 Cr).

Ans. The IPO price band is set between ₹36 per equity share.

Ans. To apply for Gajanand International Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Gajanand International Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Gajanand International Limited IPO is Sep 12, 2024.

Ans. The Gajanand International Limited IPO will be listed on Sep 16, 2024.

Ans. Follow the steps to check the allotment status for Gajanand International Limited IPO here.