Jiwanram Sheoduttrai Industries Limited IPO

NSE SME

Listed On: Sep 18, 2023 at ₹ 30.0

₹ 138000 /6000 Shares

Check Allotment

Jiwanram Sheoduttrai Industries Limited IPO Details

08 Sep, 2023

Open Date

12 Sep, 2023

Close Date

15 Sep, 2023

Allotment Date

18 Sep, 2023

Listing Date

Issue Price

₹23 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Cameo Corporate Services Limited

List Price

30.0

Listing Date

2023-09-18

Market Lot

6000 Shares (₹138,000/-)

Lead Manager

Affinity Global Capital Market Private Limited

Issue Size

7,422,000 shares(aggregating up to ₹17.07 Cr)

Retail Portion

50%

Subscription

110.70 times

IPO Docs

DRHP RHP

Jiwanram Sheoduttrai Industries Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	3,522,000	3,528,000	7,050,000
Day 1 - 08-09-23 06:00 PM	1.29 x	10.76 x	6.03 x
Day 2 - 11-09-23 06:00 PM	9.80 x	63.49 x	36.73 x
Day 3 - 12-09-23 06:00 PM	65.17 x	151.60 x	110.70 x

Jiwanram Sheoduttrai Industries Limited Valuations

Earnings Per Share (EPS)

₹2.32/-

P/E Ratio

9.91

RoNW

8.38%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Jiwanram Sheoduttrai Industries Limited Company Financials All values are in ₹ Lakh

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	12,112.36	11,377.25	12,104.17
Revenue	4,598.41	3,414.89	3,281.34
Profit After Tax	402.65	149.69	2.98

About The Company

Jiwanram Sheoduttrai Industries Limited manufactures and exports Industrial Safety Gloves and Garments.

The company manufactures industrial garments and gloves and exports head-to-toe safety wear, workwear, and more. It has manufacturing units located in Baruipur, Nandankanan, and Falta SEZ West Bengal.

Jiwanram Sheoduttrai Industries' business can be classified under three verticals:
Industrial Leather Gloves which are classified as Canadian, Welder, Driver, Mechanical, Combi, Hi-Vis, etc.; are Thinsulate lined and kevlar stitched as per the customization requirements of the customers.
Industrial Garments which are classified as Fire retardant, high visibility, water repellent, U.V protection, oil and soil repellent, anti-bacterial, anti-peeling, etc.; manufactured as per the specifications of the customers.
Work and Casual wear Manufacturing of Hospital Garments, Hotel Industry Garments, shirts, trousers, Jeans, jackets, and T-shirts on an order basis.

JSI's clientele comes from countries like the United States of America, Spain, Germany, and Belgium.

Jiwanram Sheoduttrai Industries Limited - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)

Mr. Alok Prakash
Mrs. Anupama Prakash
Mr. Gyan Prakash
Alok Prakash HUF

Jiwanram Sheoduttrai Industries Limited IPO - Issue Objectives

To meet the working capital requirements.
Prepayment and repayment of all or a portion of certain unsecured loans availed by the company.
General Corporate Purpose and to meet the offer expenses.

Jiwanram Sheoduttrai Industries Limited IPO - FAQs

Ans. Jiwanram Sheoduttrai Industries Limited IPO is a SME IPO. The issue is priced at ₹23 per equity share. The minimum order quantity is 6000 Shares. The IPO opens on Sep 8, 2023, and closes on Sep 12, 2023. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Jiwanram Sheoduttrai Industries Limited IPO opens on Sep 8, 2023 and closes on Sep 12, 2023.

Ans. The size of Jiwanram Sheoduttrai Industries Limited IPO is 7,422,000 shares(aggregating up to ₹17.07 Cr).

Ans. The IPO price band is set between ₹23 per equity share.

Ans. To apply for Jiwanram Sheoduttrai Industries Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Jiwanram Sheoduttrai Industries 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 Jiwanram Sheoduttrai Industries Limited IPO is Sep 15, 2023.

Ans. The Jiwanram Sheoduttrai Industries Limited IPO will be listed on Sep 18, 2023.

Ans. Follow the steps to check the allotment status for Jiwanram Sheoduttrai Industries Limited IPO here.