Fixed Price IPO | ₹5 Cr | Listed at BSE SME | Thu, Oct 30, 2014 - Tue, Nov 11, 2014
Jet Infraventure IPO is a fixed price issue of ₹4.50 crores. The issue is entirely a fresh issue of 0.04 crore shares of ₹4.50 crore.
Jet Infraventure IPO bidding started from Oct 30, 2014 and ended on Nov 11, 2014. The shares got listed on BSE SME on Nov 25, 2014.
Jet Infraventure IPO price is ₹125 per share. The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹1,25,000 (1000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,000 shares), amounting to ₹2,50,000.
Pantomath Capital Advisors Pvt.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 Choice Equity Broking Pvt.Ltd..
Refer to Jet Infraventure IPO RHP for detailed Information.
IPO Open
Thu, Oct 30, 2014
IPO Close
Tue, Nov 11, 2014
Issue Price
₹125 per share
Market Cap (Pre-IPO)
₹13.10 Cr
| IPO Date | 30 Oct to 11 Nov, 2014 |
| Listed on | Tue, Nov 25, 2014 |
| Face Value | ₹10 per share |
| Issue Price | ₹125 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 3,60,000 shares (agg. up to ₹5 Cr) |
| Reserved for Market Maker | 18,000 shares Choice Equity Broking Pvt.Ltd. (agg. up to ₹0.2250 Cr) |
| Fresh Issue (Ex Market Maker) | 3,42,000 shares (agg. up to ₹4 Cr) |
| Net Offered to Public | 3,42,000 shares (agg. up to ₹4 Cr) |
| Share Holding Pre Issue | 6,88,000 shares |
| Share Holding Post Issue | 10,48,000 shares |
| BSE Script Code | 538794 JETINFRA |
| ISIN | INE155R01018 |
Jet Infraventure IPO comprises a total issue size of 3,60,000 shares. The net offer to the public is 3,42,000 shares, after excluding 18,000 shares allotted on a firm basis. Of the Net offer 1,71,000 (50.00%) allocated to NII 1,71,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 1,71,000 | 50.00% | 47.50% |
| Retail Shares Offered | 1,71,000 | 50.00% | 47.50% |
| Firm Reservations | |||
| Market Maker Shares Offered | 18,000 | 5.00% | |
| Total Shares Offered | 3,60,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,25,000 |
| Retail (Max) | 1 | 1,000 | ₹1,25,000 |
| HNI (Min) | 2 | 2,000 | ₹2,50,000 |
Incorporated in 2001, Jet Infraventure Limited is a Mumbai based real estate development company. Company executed residential projects in the States of Maharashtra and Gujarat.
Jet Infraventure is engaged in various activities which includes planning the project structure, estimating project overheads and project implementation.
The completed residential projects of the company are:
1. Shree Samartha, situated at Alibaug, Maharashtra.
2. Sai Residency, situated near Versoli Beach, Alibaug, Maharashtra.
3. Jet Excellency, located at Navsari, Gujarat.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 2.60 |
| 2 | Repay certain unsecured loans availed by the company | 0.88 |
| 3 | General Corporate Purposes | 0.62 |
| KPI | |
|---|---|
| RoNW | 112% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 94.84% | 62.26% |
| Market Cap | ₹13.10 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Market Maker, Bankers etc. | 0.30 |
| 2 | Regulatory fees | 0.05 |
| 3 | Marketing and Other Expenses | 0.05 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹125.00 |
| Open | ₹130.00 |
| Low | ₹126.50 |
| High | ₹133.90 |
| Last Trade | ₹129.10 |
Lead Manager Reports
Jet Infraventure IPO is a SME IPO of 3,60,000 equity shares of the face value of ₹10 aggregating up to ₹5 Crores. The issue is priced at ₹125 per share. The minimum order quantity is 1000.
The IPO opens on Thu, Oct 30, 2014, and closes on Tue, Nov 11, 2014.
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 Jet Infraventure IPO using UPI as a payment gateway. Zerodha customers can apply in Jet Infraventure IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Jet Infraventure IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Jet Infraventure IPO opens on Thu, Oct 30, 2014 and closes on Tue, Nov 11, 2014.
Jet Infraventure IPO lot size is 1000, and the minimum amount required for application is ₹1,25,000.
You can apply in Jet Infraventure 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 Jet Infraventure IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Jet Infraventure IPO allotment status.
The Jet Infraventure IPO listing date is on Tue, Nov 25, 2014.
