Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Jyothy Laboratories IPO is a book build issue of ₹305.69 crores. The issue is entirely an offer for sale of 0.44 crore shares of ₹305.69 crore.
Jyothy Laboratories IPO bidding started from Nov 22, 2007 and ended on Nov 27, 2007. The shares got listed on BSE, NSE on Dec 19, 2007.
Jyothy Laboratories IPO price band is set at ₹690.00 per share . The lot size for an application is 10. The minimum amount of investment required by an retail is ₹6,200 (10 shares). The lot size investment for sNII is 29 lots (290 shares), amounting to ₹2,00,100, and for bNII, it is 145 lots (1,450 shares), amounting to ₹10,00,500.
Kotak Mahindra Capital Co.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Jyothy Laboratories IPO RHP for detailed Information.
| IPO Date | November 22, 2007 to November 27, 2007 |
| Listing Date | December 19, 2007 |
| Face Value | ₹5 per share |
| Issue Price Band | ₹620 to ₹690 per share |
| Issue Price Final | ₹690 per share |
| Lot Size | 10 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 44,30,260 shares (aggregating up to ₹305.69 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 1,45,13,760 shares |
| Share Holding Post Issue | 1,45,13,760 shares |
Jyothi Laboratories IPO offers total 44,30,260 shares. Out of which 22,15,130 (50.00%) allocated to QIB, 6,64,540 (15.00%) allocated to NII, 15,50,590 (35.00%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 22,15,130 (50.00%) | NA |
| NII (HNI) Shares Offered | 6,64,540 (15.00%) | NA |
| Retail Shares Offered | 15,50,590 (35.00%) | 1,55,059 |
| Total Shares Offered | 44,30,260 (100.00%) |
Jyothy Laboratories IPO opens on November 22, 2007, and closes on November 27, 2007.
| IPO Open Date | Thu, Nov 22, 2007 |
| IPO Close Date | Tue, Nov 27, 2007 |
| Tentative Listing Date | Wed, Dec 19, 2007 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Nov 27, 2007 |
Investors can bid for a minimum of 10 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10 | ₹6,900 |
| Retail (Max) | 28 | 280 | ₹1,93,200 |
| S-HNI (Min) | 29 | 290 | ₹2,00,100 |
| S-HNI (Max) | 144 | 1,440 | ₹9,93,600 |
| B-HNI (Min) | 145 | 1,450 | ₹10,00,500 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Jyothi Laboratories Limited, an FMCG company (consumer goods) is in the business of manufacture and sale of fabric care, household insecticide, surface cleaning, personal care and air care products. Company offer branded products including fabric whitener, mosquito repellent, dishwashing, bath and incense products. Jyothi Laboratories manufacture its products through 21 manufacturing facilities in 14 locations across India.
Company's key brands are Ujala, Maxo, Exo, Jeeva, and Maya. Ujala is among the oldest and top selling brand of the company and consists of fabric whitener, fabric stiffener and washing powder.
Jyothi Laboratories total consolidated gross sales have grown over the last three fiscal years at a compound annual growth rate (CAGR) of approximately 10 %. Company's total consolidated gross sales were Rs. 3,663.01 million for the year ended June 30, 2006 and Rs. 3,294.57 million and Rs. 2,797.46 million for the nine months ending March 31, 2007 and 2006, respectively. Company's total consolidated net sales were Rs. 3019.33 million for the year ended June 30, 2006 and Rs. 2775.47 million and Rs. 2285.74 million for the nine months ending March 31, 2007 and 2006, respectively. Company's profit after tax was Rs. 398.85 million for the year ended June 30, 2006 and Rs. 395.69 million and Rs. 301.84 million for the nine months ending March 31, 2007 and 2006, respectively.
| KPI | Values |
|---|---|
| RoNW | 16.51% |
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
to carry out the divestment of 4,430,260 Equity Shares by our Selling Shareholders.
| Listing Date | December 19, 2007 |
| BSE Script Code | 532926 |
| NSE Symbol | JYOTHYLAB |
| ISIN | INE668F01031 |
| Final Issue Price | ₹690 per share |
| BSE Listing Group | B1 |
Jyothy Laboratories Ltd.
43, Shivshakti Industrial Estate,
Andheri-Kurla Road,
Marol, Mumbai 400 059
Mumbai, Maharashtra
Phone: (91 22) 2850 2470
Email: ipo@jyothy.com
Website: http://www.jyothylaboratories.com
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: jyothylabs-ipo@intimespectrum.com
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Jyothy Laboratories IPO is a main-board IPO of 44,30,260 equity shares of the face value of ₹5 aggregating up to ₹305.69 Crores. The issue is priced at ₹690 per share. The minimum order quantity is 10.
The IPO opens on November 22, 2007, and closes on November 27, 2007.
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 Jyothy Laboratories IPO using UPI as a payment gateway. Zerodha customers can apply in Jyothy Laboratories IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Jyothy Laboratories IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Jyothy Laboratories IPO opens on November 22, 2007 and closes on November 27, 2007.
Jyothy Laboratories IPO lot size is 10, and the minimum amount required for application is ₹6,900.
You can apply in Jyothy Laboratories 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 Jyothy Laboratories IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Jyothy Laboratories IPO allotment status.
The Jyothy Laboratories IPO listing date is on Wednesday, December 19, 2007.
Useful Articles
RHP