Jagjanani Textiles IPO Details

Fixed Price IPO | ₹20 Cr | Listed at BSE | Thu, Feb 15, 2007 - Fri, Feb 23, 2007

Jagjanani Textiles IPO Logo

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 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) (based on upper price). 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 Open

Thu, Feb 15, 2007

IPO Close

Fri, Feb 23, 2007

Issue Price

₹25 per share

Market Cap (Pre-IPO)

₹39.00 Cr

IPO Details

IPO Date15 to 23 Feb, 2007
Listed onMon, Mar 19, 2007
Face Value10 per share
Issue Price₹25 per share
Lot Size200 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtBSE

Total Issue Size81,00,000 shares
(agg. up to ₹20 Cr)
Reserved for MF/Fis10,000 shares
(agg. up to ₹0.0250 Cr)
Fresh Issue 80,90,000 shares
(agg. up to ₹20 Cr)
Net Offered to Public80,90,000 shares
(agg. up to ₹20 Cr)
Share Holding Pre Issue75 shares
Share Holding Post Issue1,56,00,000 shares
BSE Script Code 532825
ISININE702H01018

IPO Timetable

Issue Reservation

Jagjanani Textiles IPO comprises a total issue size of 80,90,000 shares. The net offer to the public is 80,80,000 shares, after excluding 10,000 shares allotted on a firm basis. Of the Net offer 40,45,000 (50.00%) allocated to NII 40,45,000 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue Max Allottees
NII (HNI) Shares Offered 40,45,00050.00%50.00%NA
Retail Shares Offered 40,45,00050.00%50.00%20,225
Firm Reservations
Mutual Fund Shares Offered 10,0000.12%NA
Total Shares Offered 80,90,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 200 shares and in multiples thereof. 

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
IPO Subscription Details

About Jagjanani Textiles Ltd.

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.

Company Financials ()

Period Ended
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Imported Machinery 20.40
2 Indigenous Machinery 18.05
3 Factory Building 7.50
4 Contingencies 3.32
5 Margin Money for Working Capital 3.00
6 Preliminary & Pre Operative Expenses 1.90
Total 54.17

Key Performance Indicator (KPI)

KPI
RoNW16.41%
Pre IPOPost IPO
Promoter Holding41.87%20.15%
Market Cap39.00 Cr.

Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Lead Managers & Registrar Fees, Audit Fees & Consultancy 0.44
2 Printing & Stationery / Dispatch 0.18
3 Brokerage & Selling Commission 0.25
4 Advertisement & marketing Expenses 0.15
5 Other Expenses (Listing Fees, Depository Charges etc.) 0.18

Listing Day Trading Information

Price DetailsBSE
Final Issue Price25.00
Open22.40
Low20.10
High24.90
Last Trade23.15

Check IPO Performance…

IPO Registrar

MUFG Intime India Pvt.Ltd.

Contact Details

Jagjanani Textiles Ltd. Address
Jagjanani Textiles Limited,
S-25 Shyam Nagar,
Ajmer Road, Jaipur-302 019, India
Ajmer, Rajasthan
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IPO FAQs

Jagjanani Textiles IPO is a main-board IPO of 81,00,000 equity shares of the face value of ₹10 aggregating up to ₹20 Crores. The issue is priced at ₹25 per share. The minimum order quantity is 200.

The IPO opens on Thu, Feb 15, 2007, and closes on Fri, Feb 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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Jagjanani Textiles IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Jagjanani Textiles IPO opens on Thu, Feb 15, 2007 and closes on Fri, Feb 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 Mon, Mar 19, 2007.

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