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Jayant Infratech IPO is a fixed price issue of ₹6.19 crores. The issue is entirely a fresh issue of 0.09 crore shares of ₹6.19 crore.
Jayant Infratech IPO bidding started from Jun 30, 2022 and ended on Jul 5, 2022. The allotment for Jayant Infratech IPO was finalized on Jul 8, 2022. The shares got listed on BSE SME on Jul 13, 2022.
Jayant Infratech IPO price is ₹67.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹1,34,000 (2000 shares). The minimum lot size investment for HNI is 2 lots (4,000 shares), amounting to ₹2,68,000.
Gretex Corporate Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Gretex Share Broking Pvt.Ltd..
Refer to Jayant Infratech IPO RHP for detailed Information.
| IPO Date | June 30, 2022 to July 5, 2022 |
| Listing Date | July 13, 2022 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹67 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 9,24,000 shares (aggregating up to ₹6.19 Cr) |
| Reserved for Market Maker | 48,000 shares Gretex Share Broking Pvt.Ltd. (aggregating up to ₹0.3216 Cr) |
| Net Offered to Public | 8,76,000 shares (aggregating up to ₹5.87 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 23,11,562 shares |
| Share Holding Post Issue | 32,35,562 shares |
Jayant Infratech IPO offers total 9,24,000 shares. Out of which 4,38,000 (47.40%) allocated to NII, 4,38,000 (47.40%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 48,000 (5.19%) |
| NII (HNI) Shares Offered | 4,38,000 (47.40%) |
| Retail Shares Offered | 4,38,000 (47.40%) |
| Total Shares Offered | 9,24,000 (100.00%) |
Jayant Infratech IPO opens on June 30, 2022, and closes on July 5, 2022.
| IPO Open Date | Thu, Jun 30, 2022 |
| IPO Close Date | Tue, Jul 5, 2022 |
| Tentative Allotment | Fri, Jul 8, 2022 |
| Initiation of Refunds | Mon, Jul 11, 2022 |
| Credit of Shares to Demat | Tue, Jul 12, 2022 |
| Tentative Listing Date | Wed, Jul 13, 2022 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Jul 5, 2022 |
Investors can bid for a minimum of 2,000 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 | 2,000 | ₹1,34,000 |
| Retail (Max) | 1 | 2,000 | ₹1,34,000 |
| HNI (Min) | 2 | 4,000 | ₹2,68,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2003, Jayant Infratech primarily undertakes Railway Infrastructure Development work. It is a technology-driven company with excellence in Railway Electrification and Infrastructure projects. The company is engaged in designing, drawing, supplying, erection, and commissioning of 25KV, 50Hz Single Phase Traction Overhead Equipment.
Large public and private sector companies such as Eastern Railway, South Eastern Railway, South East Central Railway, Northern Railway, East Coast Railway, and North Frontier Railway are the key clients served by the firms.
Competitive Strengths
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-19 | 2114.62 | 1848.17 | 69.86 | 1119.12 | 909.65 |
| 31-Mar-20 | 2266.83 | 3416.73 | 131.92 | 1251.04 | 1041.57 |
| 31-Mar-21 | 2884.16 | 3550.87 | 139.58 | 1439.62 | 1221.56 |
| 31-Dec-21 | 2991.5 | 2414.6 | 112.64 | 1640.55 | 1409.39 |
| Amount in ₹ Lakhs | |||||
The market capitalization of Jayant Infratech IPO is ₹21.68 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 14.44 |
The company aims to utilize the net proceeds for the following objectives;
[Dilip Davda] The company is in the railway infra development business that has many small and big players all around. After marking a quantum jump in the top and bottom lines for FY20, it posted static performance. Based on its current earnings, the issue is fully priced. Small equity post IPO indicates longer gestation for migration to main board. There is no harm in skipping this fully priced IPO. Read detail review...
| Listing Date | July 13, 2022 |
| BSE Script Code | 543544 |
| NSE Symbol | |
| ISIN | INE0KR801019 |
| Final Issue Price | ₹67 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹67.00 |
| Open | ₹76.00 |
| Low | ₹76.00 |
| High | ₹79.80 |
| Last Trade | ₹79.80 |
Jayant Infratech Ltd.
Mangal Smriti Bajpai Ground,
Tilak Nagar,
Bilaspur, Chhattisgarh, 495001
Phone: +91- 7752315916
Email: info@jayantinfra.com
Website: http://www.jayantinfra.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Jayant Infratech IPO is a SME IPO of 9,24,000 equity shares of the face value of ₹10 aggregating up to ₹6.19 Crores. The issue is priced at ₹67 per share. The minimum order quantity is 2000.
The IPO opens on June 30, 2022, and closes on July 5, 2022.
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 Jayant Infratech IPO using UPI as a payment gateway. Zerodha customers can apply in Jayant Infratech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Jayant Infratech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Jayant Infratech IPO opens on June 30, 2022 and closes on July 5, 2022.
Jayant Infratech IPO lot size is 2000, and the minimum amount required for application is ₹1,34,000.
You can apply in Jayant Infratech 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 Jayant Infratech IPO will be done on Friday, July 8, 2022, and the allotted shares will be credited to your demat account by Tuesday, July 12, 2022. Check the Jayant Infratech IPO allotment status.
The Jayant Infratech IPO listing date is on Wednesday, July 13, 2022.
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