Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Thu, Oct 16, 2014 - Mon, Oct 27, 2014

JLA Infraville Shoppers IPO is a fixed price issue of ₹2.00 crores. The issue is entirely a fresh issue of 0.20 crore shares of ₹2.00 crore.
JLA Infraville Shoppers IPO bidding started from Oct 16, 2014 and ended on Oct 27, 2014. The shares got listed on BSE SME on Nov 12, 2014.
JLA Infraville Shoppers IPO price is ₹10 per share. The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,00,000 (10000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (30,000 shares), amounting to ₹3,00,000.
Sarthi 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 JLA Infraville Shoppers IPO RHP for detailed Information.
IPO Open
Thu, Oct 16, 2014
IPO Close
Mon, Oct 27, 2014
Issue Price
₹10 per share
Market Cap (Pre-IPO)
₹6.49 Cr
| IPO Date | 16 to 27 Oct, 2014 |
| Listed on | Wed, Nov 12, 2014 |
| Face Value | ₹10 per share |
| Issue Price | ₹10 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 20,00,000 shares (agg. up to ₹2 Cr) |
| Reserved for Market Maker | 1,00,000 shares Choice Equity Broking Pvt.Ltd. (agg. up to ₹0.1000 Cr) |
| Fresh Issue (Ex Market Maker) | 19,00,000 shares (agg. up to ₹2 Cr) |
| Net Offered to Public | 19,00,000 shares (agg. up to ₹2 Cr) |
| Share Holding Pre Issue | 44,90,000 shares |
| Share Holding Post Issue | 64,90,000 shares |
| BSE Script Code | 538765 |
| ISIN | INE401Q01018 |
JLA Infraville Shoppers IPO comprises a total issue size of 20,00,000 shares. The net offer to the public is 19,00,000 shares, after excluding 1,00,000 shares allotted on a firm basis. Of the Net offer 9,50,000 (50.00%) allocated to NII 9,50,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 9,50,000 | 50.00% | 47.50% |
| Retail Shares Offered | 9,50,000 | 50.00% | 47.50% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,00,000 | 5.00% | |
| Total Shares Offered | 20,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 10,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹1,00,000 |
| Retail (Max) | 2 | 20,000 | ₹2,00,000 |
| HNI (Min) | 3 | 30,000 | ₹3,00,000 |
Incorporated in October 09, 2013, JLA Infraville Shoppers Limited is an E-Commerce company engaged in online trading and retailing of range of products including fabrics, clothing, furnishings, electronics and computers and its accessories, surgical instruments and Hearing Aid Accessories.
Company's website www.infraville.com was launched in 2013 and in the first financial year of operations website had a turnover (on account of commission income earned from online retail trading) of Rs. 5.36 Lacs.
Infraville.com is an electronic store dedicated to provide 360-degree shopping solutions to its customers. The website provides products to its customers at best price, with unmatched collection ranging from big brands to affordable imported items from vast range of product categories. The vendors approach to the company for the sale and supply of their products, through online web shopping platform provided by the company. The website also provides an online specialized store to some vendors in order to give them an experience of their own online retail outlet.
| 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 | Brand-Building | 0.30 |
| 2 | Security Deposits with various suppliers | 0.66 |
| 3 | Purchase of Fixed Assets | 0.18 |
| 4 | Working Capital Requirements | 0.49 |
| KPI | |
|---|---|
| RoNW | 0.51% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 37.51% | 25.95% |
| Market Cap | ₹6.49 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 Makers, Bankers etc. | 0.33 |
| 2 | Regulatory Fees & Other Expenses | 0.05 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹10.00 |
| Open | ₹11.05 |
| Low | ₹10.50 |
| High | ₹11.60 |
| Last Trade | ₹11.60 |
Lead Manager Reports
JLA Infraville Shoppers IPO is a SME IPO of 20,00,000 equity shares of the face value of ₹10 aggregating up to ₹2 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000.
The IPO opens on Thu, Oct 16, 2014, and closes on Mon, Oct 27, 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 JLA Infraville Shoppers IPO using UPI as a payment gateway. Zerodha customers can apply in JLA Infraville Shoppers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in JLA Infraville Shoppers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The JLA Infraville Shoppers IPO opens on Thu, Oct 16, 2014 and closes on Mon, Oct 27, 2014.
JLA Infraville Shoppers IPO lot size is 10000, and the minimum amount required for application is ₹1,00,000.
You can apply in JLA Infraville Shoppers 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 JLA Infraville Shoppers IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the JLA Infraville Shoppers IPO allotment status.
The JLA Infraville Shoppers IPO listing date is on Wed, Nov 12, 2014.