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Jagjanani Textiles IPO is a fixed price issue of ₹20.25 crores. The issue is entirely a fresh issue of 0.81 crore shares of ₹20.25 crore.
Jagjanani Textiles IPO bidding started from Feb 15, 2007 and ended on Feb 23, 2007. The shares got listed on BSE on Mar 19, 2007.
Jagjanani Textiles IPO price is ₹25.00 per share . The lot size for an application is 200. The minimum amount of investment required by an individual investor (retail) is ₹5,000 (200 shares). The lot size investment for sNII is 41 lots (8,200 shares), amounting to ₹2,05,000, and for bNII, it is 201 lots (40,200 shares), amounting to ₹10,05,000.
Centrum Capital Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Jagjanani Textiles IPO RHP for detailed Information.
| IPO Date | February 15, 2007 to February 23, 2007 |
| Listing Date | March 19, 2007 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹25 per share |
| Lot Size | 200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 81,00,000 shares (aggregating up to ₹20.25 Cr) |
| Reserved for MF/Fis | 10,000 shares (aggregating up to ₹0.0250 Cr) |
| Net Offered to Public | 80,90,000 shares (aggregating up to ₹20.23 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE |
| Share Holding Pre Issue | 75 shares |
| Share Holding Post Issue | 1,56,00,000 shares |
Jagjanani IPO offers total 80,90,000 shares. Out of which 40,45,000 (50.00%) allocated to NII, 40,45,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| NII (HNI) Shares Offered | 40,45,000 (50.00%) | NA |
| Retail Shares Offered | 40,45,000 (50.00%) | 20,225 |
| Total Shares Offered | 80,90,000 (100.00%) |
Jagjanani Textiles IPO opens on February 15, 2007, and closes on February 23, 2007.
| IPO Open Date | Thu, Feb 15, 2007 |
| IPO Close Date | Fri, Feb 23, 2007 |
| Tentative Listing Date | Mon, Mar 19, 2007 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Feb 23, 2007 |
Investors can bid for a minimum of 200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 200 | ₹5,000 |
| Retail (Max) | 40 | 8,000 | ₹2,00,000 |
| S-HNI (Min) | 41 | 8,200 | ₹2,05,000 |
Incorporated in 1997, Jagjanani Textiles Limted (JTL) is engaged in manufacturing of cotton yarn with an installed capacity of 3600 MTA at RIICO Industrial Area, Bagru Extension, Bagru near Jaipur.
Company falls under the spinning segment of textile industry.
| KPI | Values |
|---|---|
| RoNW | 16.41% |
The Company Jagjanani IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Setting up Ring Spinning Unit of 6000 spindles on existing land at E-288, RIICO Industrial Area, Bagru Extn, Bagru, Jaipur for manufacturing cotton yarn of counts range Ne 40 | |
| 2 | Upgradation of Open end Spinning Unit by installing Schlafhorst SE 11 Spin Box and thereby increasing the existing capacity from 3600 MTA to 4320 MTA to manufacture cotton yarn | |
| 3 | Setting up a weaving unit for forward integration by installing 48 high speed Air Jet Looms for manufacturing of fabric. | |
| 4 | To meet margin money for working capital requirement | |
| 5 | To list the equity shares of the Company to be issued through the Prospectus on Bombay Stock Exchange Limited |
| Listing Date | March 19, 2007 |
| BSE Script Code | 532825 |
| NSE Symbol | |
| ISIN | INE702H01018 |
| Final Issue Price | ₹25 per share |
| BSE Listing Group | B1 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹25.00 |
| Open | ₹22.40 |
| Low | ₹20.10 |
| High | ₹24.90 |
| Last Trade | ₹23.15 |
Jagjanani Textiles Ltd.
Jagjanani Textiles Limited,
S-25 Shyam Nagar,
Ajmer Road, Jaipur-302 019, India
Ajmer, Rajasthan
Phone: +91-141- 229 4776
Email: compliance@jagjanani.com
Website: http://www.jagjanani.com
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: jagjanani@intimespectrum.com
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Jagjanani Textiles IPO is a main-board IPO of 81,00,000 equity shares of the face value of ₹10 aggregating up to ₹20.25 Crores. The issue is priced at ₹25 per share. The minimum order quantity is 200.
The IPO opens on February 15, 2007, and closes on February 23, 2007.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE.
Zerodha customers can apply online in Jagjanani Textiles IPO using UPI as a payment gateway. Zerodha customers can apply in Jagjanani Textiles IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Jagjanani Textiles IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Jagjanani Textiles IPO opens on February 15, 2007 and closes on February 23, 2007.
Jagjanani Textiles IPO lot size is 200, and the minimum amount required for application is ₹5,000.
You can apply in Jagjanani Textiles 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 Jagjanani Textiles IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Jagjanani Textiles IPO allotment status.
The Jagjanani Textiles IPO listing date is on Monday, March 19, 2007.
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