Bookbuilding IPO | ₹72 Cr | Listed at BSE, NSE | Fri, Jan 18, 2008 - Wed, Jan 23, 2008
J.Kumar Infraprojects IPO is a book build issue of ₹71.50 crores. The issue is entirely a fresh issue of 0.65 crore shares of ₹71.50 crore.
J.Kumar Infraprojects IPO bidding started from Jan 18, 2008 and ended on Jan 23, 2008. The shares got listed on BSE, NSE on Feb 12, 2008.
J.Kumar Infraprojects IPO price band is set at ₹110 per share. The lot size for an application is 55. The minimum amount of investment required by an retail is ₹6,600 (55 shares) (based on upper price). The lot size investment for sNII is 34 lots (1,870 shares), amounting to ₹2,05,700, and for bNII, it is 166 lots (9,130 shares), amounting to ₹10,04,300.
The issue includes a reservation of up to 2,00,000 shares for employees offered at a discount of ₹0.00 to the issue price.
Anand Rathi Advisors Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to J.Kumar Infraprojects IPO RHP for detailed Information.
IPO Open
Fri, Jan 18, 2008
IPO Close
Wed, Jan 23, 2008
Issue Price
₹110 per share
Market Cap (Pre-IPO)
₹227.97 Cr
| IPO Date | 18 to 23 Jan, 2008 |
| Listed on | Tue, Feb 12, 2008 |
| Face Value | ₹10 per share |
| Price Band | ₹110 to ₹120 |
| Issue Price | ₹110 per share |
| Lot Size | 55 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 65,00,000 shares (agg. up to ₹72 Cr) |
| Fresh Issue | 65,00,000 shares (agg. up to ₹72 Cr) |
| Share Holding Pre Issue | 1,42,24,420 shares |
| Share Holding Post Issue | 2,07,24,420 shares |
| BSE Script Code / NSE Symbol | 532940 / JKIL |
| ISIN | INE576I01022 |
J.Kumar Infraprojects IPO comprises a total issue size of 65,00,000 shares. The net offer to the public is 63,00,000 shares, after excluding 2,00,000 shares under a preferential allotment. Of the Net offer 31,50,000 (50.00%) are allocated to QIB, 9,45,000 (15.00%) allocated to NII 22,05,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| QIB Shares Offered | 31,50,000 | 50.00% | 48.46% | NA |
| NII (HNI) Shares Offered | 9,45,000 | 15.00% | 14.54% | NA |
| Retail Shares Offered | 22,05,000 | 35.00% | 33.92% | 40,090 |
| Preferential Reservations | ||||
| Employee Shares Offered | 2,00,000 | 3.08% | NA | |
| Total Shares Offered | 65,00,000 | 100.00% | 100.00% | |
Investors can bid for a minimum of 55 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 55 | ₹6,050 |
| Retail (Max) | 33 | 1,815 | ₹1,99,650 |
| S-HNI (Min) | 34 | 1,870 | ₹2,05,700 |
| S-HNI (Max) | 165 | 9,075 | ₹9,98,250 |
| B-HNI (Min) | 166 | 9,130 | ₹10,04,300 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Incorporated in 1999, J. Kumar Infraprojects Limited is a leading civil engineering and infrastructure development Company with a primary focus on development of roads, flyovers, bridges, railway over bridges, irrigation projects, commercial and residential buildings, railway buildings, sports complexes, airport runways.
J. Kumar Infraprojects Limited's projests include:
1. Transportation Engineering
Rigid and flexible pavement roads, Flyovers, Bridges, Grade Separator, Railway Terminus / Stations, ROBs, RUBs, Runways for airports.
2. Civil Construction
Commercial buildings, Sports complexes, Swimming pools.
3. Irrigaion Projects
Earthern dams, Minor Irrigation tanks, Spillways, Canals, Aqueducts.
J. Kumar Infraprojects Limited most active in Mumbai, Pune, Aurangabad and Vidharbha region of Maharashtra.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of Capital Equipments | 50.84 |
| 2 | Funding of Working Capital Requirements | 18.67 |
| 3 | General Corporate Purposes | 7.90 |
| 4 | Public Issue Expenses | 5.13 |
| KPI | |
|---|---|
| RoNW | 37.47% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 89.68% | 61.55% |
| Market Cap | ₹227.97 Cr. |
The J. Kumar Infraprojects IPO is subscribed 2.17 times on January 23, 2008 5:00:00 PM (Day 4). The public issue subscribed 1.69 times in the retail category, 2.8 times in the QIB category, and 1.4 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees to Book Running Lead Manager | 1.43 |
| 2 | Fees to Registrar to the Issue | 0.06 |
| 3 | Fees to Legal Advisors to the Issue | 0.11 |
| 4 | Fees to Auditors | 0.10 |
| 5 | Underwriting & Selling Commission | 0.72 |
| 6 | Printing and Stationary | 0.80 |
| 7 | Advertising Expenses | 0.75 |
| 8 | Other Expenses (including filing fees, listing fees, depository charges etc) | 1.00 |
| 9 | Contingencies | 0.10 |
| 10 | IPO Grading Expenses | 0.07 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹110.00 | ₹110.00 |
| Open | ₹100.00 | ₹109.00 |
| Low | ₹84.20 | ₹84.20 |
| High | ₹116.95 | ₹119.00 |
| Last Trade | ₹102.70 | ₹103.35 |
Lead Manager Reports
J.Kumar Infraprojects IPO is a main-board IPO of 65,00,000 equity shares of the face value of ₹10 aggregating up to ₹72 Crores. The issue is priced at ₹110 per share. The minimum order quantity is 55.
The IPO opens on Fri, Jan 18, 2008, and closes on Wed, Jan 23, 2008.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in J.Kumar Infraprojects IPO using UPI as a payment gateway. Zerodha customers can apply in J.Kumar Infraprojects IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in J.Kumar Infraprojects IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The J.Kumar Infraprojects IPO opens on Fri, Jan 18, 2008 and closes on Wed, Jan 23, 2008.
J.Kumar Infraprojects IPO lot size is 55, and the minimum amount required for application is ₹6,050.
You can apply in J.Kumar Infraprojects IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for J.Kumar Infraprojects IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the J.Kumar Infraprojects IPO allotment status.
The J.Kumar Infraprojects IPO listing date is on Tue, Feb 12, 2008.
