Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Jesons Industries Ltd. on May 14, 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.
Jesons Industries Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on NSE and BSE. Motilal Oswal Investment Advisors Ltd. is the book running lead manager and MUFG Intime India 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 Jesons Industries IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price Band | |
| Lot Size | |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Jan 14, 2025 |
| SEBI/Exchange approval received | Wed, May 14, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Incorporated in Jesons Industries Limited is engaged in manufacturing coating emulsions for the paint sector and water-based pressure-sensitive adhesives for the tape and label segments.
The company products are used in industries such as paints, packaging, furniture, construction, tiles, textiles, leather chemicals, carpet chemicals, and paper chemicals.
The company has been exporting coating materials and adhesives since 2008, with exports to over 48 countries as of September 30, 2024. It has established a strong presence in high-growth markets across Asia-Pacific, the Middle East, and Africa.
As of September 30, 2024, the company had a portfolio of 210 products marketed under brands like Bondex®, Rdymix®, and Coviguard® As of September 30, 2024, the company had 1,500 customers.
As of September 30, 2024, the company’s R&D facility, with 40 staff members, leverages decades of experience to develop customized coating materials and adhesive products based on customer requirements.
The company operates seven strategically located manufacturing facilities in Daman, Roorkee, Gummidipoondi, Mundra, Vapi, and Saykha, serving both domestic and export markets.
These facilities are near custom ports or customers, ensuring logistical efficiency. The company also has three warehouses in Daman, Vapi, and Bhiwandi for finished products.
Product Portfolio:
The company launched 42 new products for industries like woodworking, RDP, and construction chemicals, with 26 introduced in FY 2024 and the first half of FY 2025.
As of September 30, 2024, the company had an employee base of 784 full-time employees.
Competitive Strengths:
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 880.16 | 773.82 | 695.59 | 884.98 |
| Total Income | 729.96 | 1,497.82 | 1,725.90 | 2,084.75 |
| Profit After Tax | 31.12 | 56.17 | 48.18 | 85.94 |
| NET Worth | 474.14 | 443.03 | 387.07 | 338.88 |
| Reserves and Surplus | 445.83 | 414.73 | 359.06 | 310.98 |
| Total Borrowing | 168.94 | 65.30 | 71.80 | 202.32 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company and/ or our Subsidiaries | 165.00 |
| 2 | Funding of capital expenditure through investment in the wholly owned subsidiary, Jesons Innovative Polymers Private Limited, for setting up of machine lines for the new adhesives project –solvent based adhesives and flexible packaging adhesives | 77.90 |
| 3 | General corporate purposes |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 13.63% |
| ROCE | 17.00% |
| Debt/Equity | 0.14 |
| RoNW | 13.63% |
| PAT Margin | 3.78% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
Lead Manager Reports
Jesons Industries IPO is a main-board IPO of 0 equity shares of the face value of ₹5 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Jesons Industries IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Jesons Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Jesons Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Jesons Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Jesons Industries IPO dates are not announced. Please check back again after some time.
Jesons Industries IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Jesons Industries 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 Jesons Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Jesons Industries IPO allotment status.
The Jesons Industries IPO listing date is not yet announced. The tentative date of listing is .
