Fixed Price IPO | ₹6 Cr | Listed at BSE SME | Thu, Jun 30, 2022 - Tue, Jul 5, 2022
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Thu, Jun 30, 2022
IPO Close
Tue, Jul 5, 2022
Issue Price
₹67 per share
Market Cap (Pre-IPO)
₹21.68 Cr
| IPO Date | 30 Jun to 5 Jul, 2022 |
| Listed on | Wed, Jul 13, 2022 |
| Face Value | ₹10 per share |
| Issue Price | ₹67 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 9,24,000 shares (agg. up to ₹6 Cr) |
| Reserved for Market Maker | 48,000 shares Gretex Share Broking Pvt.Ltd. (agg. up to ₹0.3216 Cr) |
| Fresh Issue (Ex Market Maker) | 8,76,000 shares (agg. up to ₹6 Cr) |
| Net Offered to Public | 8,76,000 shares (agg. up to ₹6 Cr) |
| Share Holding Pre Issue | 23,11,562 shares |
| Share Holding Post Issue | 32,35,562 shares |
| BSE Script Code | 543544 |
| ISIN | INE0KR801019 |
Jayant Infratech IPO comprises a total issue size of 9,24,000 shares. The net offer to the public is 8,76,000 shares, after excluding 48,000 shares allotted on a firm basis. Of the Net offer 4,38,000 (50.00%) allocated to NII 4,38,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 4,38,000 | 50.00% | 47.40% |
| Retail Shares Offered | 4,38,000 | 50.00% | 47.40% |
| Firm Reservations | |||
| Market Maker Shares Offered | 48,000 | 5.19% | |
| Total Shares Offered | 9,24,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| 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 |
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 | 31 Dec 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 29.92 | 28.84 | 22.67 | 21.15 |
| Total Income | 24.15 | 35.51 | 34.17 | 18.48 |
| Profit After Tax | 1.13 | 1.40 | 1.32 | 0.70 |
| NET Worth | 16.41 | 14.40 | 12.51 | 11.19 |
| Reserves and Surplus | 14.09 | 12.22 | 10.42 | 9.10 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment of Security Deposit for renting of Office Space | 3.50 |
| 2 | Working Capital Requirements | 1.20 |
| 3 | General Corporate Purposes | 1.49 |
| KPI | |
|---|---|
| Debt/Equity | 0.49 |
| RoNW | 9.7 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.40 | |
| P/E (x) | 14.44 | |
| Promoter Holding | 100% | 71.44% |
| Market Cap | ₹21.68 Cr. |
The Jayant Infratech IPO is subscribed 4 times on July 5, 2022 6:29:00 PM (Day 4). The public issue subscribed 3.76 times in the retail category, [.] times in the QIB category, and 4.23 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 4.23 | 4,38,000 | 18,54,000 |
| Retail | 3.76 | 4,38,000 | 16,46,000 |
| Total | 4 | 8,76,000 | 35,00,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to the Lead Manager & Underwriter | 0.39 |
| 2 | Market Making Fees | 0.04 |
| 3 | Fees payable to Registrar to Issue | 0.01 |
| 4 | Fees to Legal Advisor | 0.01 |
| 5 | Advertisement Expenses | 0.01 |
| 6 | Fees payable to Regulators including Stock Exchange | 0.02 |
| 7 | Printing & Distribution Expenses | 0.01 |
| 8 | Marketing & Selling Expenses | 0.01 |
| 9 | Payment to Sponsor Bank | 0.01 |
| 10 | Statutory & Other Reports | 0.01 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹67.00 |
| Open | ₹76.00 |
| Low | ₹76.00 |
| High | ₹79.80 |
| Last Trade | ₹79.80 |
Lead Manager Reports
Jayant Infratech IPO is a SME IPO of 9,24,000 equity shares of the face value of ₹10 aggregating up to ₹6 Crores. The issue is priced at ₹67 per share. The minimum order quantity is 2000.
The IPO opens on Thu, Jun 30, 2022, and closes on Tue, Jul 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 Thu, Jun 30, 2022 and closes on Tue, Jul 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 Tue, Jul 12, 2022. Check the Jayant Infratech IPO allotment status.
The Jayant Infratech IPO listing date is on Wed, Jul 13, 2022.
