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Janus IPO is a fixed price issue of ₹8.00 crores. The issue is entirely a fresh issue of 0.16 crore shares of ₹8.00 crore.
Janus IPO bidding started from Jan 27, 2020 and ended on Jan 30, 2020. The allotment for Janus IPO was finalized on Feb 4, 2020. The shares got listed on BSE SME on Feb 6, 2020.
Janus IPO price is ₹50.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,50,000 (3000 shares). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹3,00,000.
First Overseas Capital Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
| IPO Date | January 27, 2020 to January 30, 2020 |
| Listing Date | February 6, 2020 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹50 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 15,99,000 shares (aggregating up to ₹8.00 Cr) |
| Reserved for Market Maker | 81,000 shares (aggregating up to ₹0.4050 Cr) |
| Net Offered to Public | 15,18,000 shares (aggregating up to ₹7.59 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 41,40,000 shares |
| Share Holding Post Issue | 57,39,000 shares |
Janus IPO offers total 15,99,000 shares. Out of which 7,59,000 (47.47%) allocated to NII, 7,59,000 (47.47%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 81,000 (5.07%) |
| NII (HNI) Shares Offered | 7,59,000 (47.47%) |
| Retail Shares Offered | 7,59,000 (47.47%) |
| Total Shares Offered | 15,99,000 (100.00%) |
Janus IPO opens on January 27, 2020, and closes on January 30, 2020.
| IPO Open Date | Mon, Jan 27, 2020 |
| IPO Close Date | Thu, Jan 30, 2020 |
| Tentative Allotment | Tue, Feb 4, 2020 |
| Initiation of Refunds | Wed, Feb 5, 2020 |
| Credit of Shares to Demat | Thu, Feb 6, 2020 |
| Tentative Listing Date | Thu, Feb 6, 2020 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Jan 30, 2020 |
Investors can bid for a minimum of 3,000 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 | 3,000 | ₹1,50,000 |
| Retail (Max) | 1 | 3,000 | ₹1,50,000 |
| HNI (Min) | 2 | 6,000 | ₹3,00,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1998, Janus Corporation Limited is a Mumbai based company with a diversified business model. It is engaged in land and site development, Civil Construction, fencing walls, landfilling, and erection of hoardings businesses. The company also works as a trader for construction materials such as iron, soil, sand, steel, aluminium and cement.
Janus Corporation is involved in offering Construction Management Consultancy services including Construction Supervision & Management, Safety audits, Site Management, Safety Management, Safety documentation and safety processes. It is also an advertising & marketing support services provider offering outdoor media services.
Key Strengths
1. Financial resources
2. Diversified Business Model
3. Quality
| Particulars | For the year/period ended (Rs in Lakh) | ||||||
|---|---|---|---|---|---|---|---|
| 31-Aug-19 | 31-Mar-19 | 31-Mar-18 | 31-Mar-17 | ||||
| Total Assets | 960.49 | 958.37 | 858.82 | 687.08 | |||
| Total Revenue | 1,072.71 | 1,714.04 | 2,515.60 | 1281.98 | |||
| Profit After Tax | 29.19 | 48.04 | 22.05 | 42.94 | |||
The market capitalization of Janus IPO is ₹28.70 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 57 |
The Company Janus IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Augmenting additional working capital requirements | 5.85 |
| 2 | General Corporate Purposes | 1.39 |
[Dilip Davda] JCL is in a highly competitive and fragmented segment. Financial data has no match for the asking price. Considering aggressive pricing and bleak scope for the future of this segment, simply stay away from this issue. Read detail review...
| Listing Date | February 6, 2020 |
| BSE Script Code | 542924 |
| NSE Symbol | |
| ISIN | INE04OV01018 |
| Final Issue Price | ₹50 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹50.00 |
| Open | ₹50.70 |
| Low | ₹48.20 |
| High | ₹50.70 |
| Last Trade | ₹48.50 |
Janus Corp.Ltd.
D-203, Crystal Plaza,
Opp. Infinity Mall, New Link Road,
Andheri (West), Mumbai 400053,
Andheri, Maharashtra
Phone: +91 22 6236 3222
Email: info@januscorp.co.in
Website: http://www.januscorp.co.in/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Janus IPO is a SME IPO of 15,99,000 equity shares of the face value of ₹10 aggregating up to ₹8.00 Crores. The issue is priced at ₹50 per share. The minimum order quantity is 3000.
The IPO opens on January 27, 2020, and closes on January 30, 2020.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Janus IPO using UPI as a payment gateway. Zerodha customers can apply in Janus IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Janus IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Janus IPO opens on January 27, 2020 and closes on January 30, 2020.
Janus IPO lot size is 3000, and the minimum amount required for application is ₹1,50,000.
You can apply in Janus 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 Janus IPO will be done on Tuesday, February 4, 2020, and the allotted shares will be credited to your demat account by Thursday, February 6, 2020. Check the Janus IPO allotment status.
The Janus IPO listing date is on Thursday, February 6, 2020.
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