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

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 Date | 15 to 23 Feb, 2007 |
| Listed on | Mon, Mar 19, 2007 |
| Face Value | ₹10 per share |
| Issue Price | ₹25 per share |
| Lot Size | 200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE |
| Total Issue Size | 81,00,000 shares (agg. up to ₹20 Cr) |
| Reserved for MF/Fis | 10,000 shares (agg. up to ₹0.0250 Cr) |
| Fresh Issue | 80,90,000 shares (agg. up to ₹20 Cr) |
| Net Offered to Public | 80,90,000 shares (agg. up to ₹20 Cr) |
| Share Holding Pre Issue | 75 shares |
| Share Holding Post Issue | 1,56,00,000 shares |
| BSE Script Code | 532825 |
| ISIN | INE702H01018 |
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 | 40,45,000 | 50.00% | 50.00% | NA |
| Retail Shares Offered | 40,45,000 | 50.00% | 50.00% | 20,225 |
| Firm Reservations | ||||
| Mutual Fund Shares Offered | 10,000 | 0.12% | NA | |
| Total Shares Offered | 80,90,000 | 100.00% | 100.00% | |
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 |
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.
| 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 | 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 |
| KPI | |
|---|---|
| RoNW | 16.41% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 41.87% | 20.15% |
| Market Cap | ₹39.00 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.
| # | 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 |
| Price Details | BSE |
|---|---|
| Final Issue Price | ₹25.00 |
| Open | ₹22.40 |
| Low | ₹20.10 |
| High | ₹24.90 |
| Last Trade | ₹23.15 |
Lead Manager Reports
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
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.