Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Jerai Fitness Ltd. on December 31, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Jerai Fitness Ltd. IPO is a Book Build Issue consisting entirely of an offer for sale of upto 0.44 crore shares.
The equity shares are proposed to be listed on NSE and BSE. Emkay Global Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Jerai Fintess IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 43,92,500 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 43,92,500 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,74,99,600 shares |
| Share Holding Post Issue | 1,74,99,600 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Sep 29, 2025 |
| SEBI/Exchange approval received | Wed, Dec 31, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Issue |
Jerai Fitness offers different types of fitness equipments to meet the evolving customer needs and global trends.
Product Categories:
Customer Segments: The company serves a wide range of customers like Commercial gyms and fitness chains, Real estate developers, Government bodies and defence units, Hotels, hospitals, schools, and colleges, etc.
Manufacturing & Facilities: Manufacturing facility in Wada, Palghar, Maharashtra, across 145,530 sq. ft. Well equipped with modern machinery including CNCs, robotic welding, laser cutters, and powder-coating lines. It has a current strength equipment production capacity of 21,000 units annually.
In FY 2025, 92.30% of revenue derived from domestic sales and remaining 7.70% generated from export.
Business Strengths
Jerai Fitness Ltd.'s revenue increased by 22% and profit after tax (PAT) rose by 30% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 155.63 | 121.44 | 106.95 |
| Total Income | 134.74 | 110.55 | 116.76 |
| Profit After Tax | 23.40 | 17.97 | 19.28 |
| EBITDA | 31.22 | 29.00 | 31.01 |
| NET Worth | 104.57 | 81.23 | 63.20 |
| Total Borrowing | 1.49 | 1.99 | 7.78 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To carry out the Offer for Sale of up to 4,392,500 Equity Shares of face value of Rs 10 each by the Selling Shareholder | |
| 2 | Achieve the benefits of listing the Equity Shares on the Stock Exchanges |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 25.19% |
| ROCE | 33.97% |
| Debt/Equity | 0.01 |
| RoNW | 25.19% |
| PAT Margin | 18.28% |
| EBITDA Margin | 24.38% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
Lead Manager Reports
Jerai Fintess IPO is a main-board IPO of 43,92,500 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Jerai Fintess IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Jerai Fintess IPO using UPI as a payment gateway. Zerodha customers can apply in Jerai Fintess IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Jerai Fintess IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Jerai Fintess IPO dates are not announced. Please check back again after some time.
Jerai Fintess IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Jerai Fintess 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 Jerai Fintess IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Jerai Fintess IPO allotment status.
The Jerai Fintess IPO listing date is not yet announced. The tentative date of listing is .
