Bookbuilding IPO | ₹306 Cr | Listed at BSE, NSE | Thu, Nov 22, 2007 - Tue, Nov 27, 2007
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 per share. The lot size for an application is 10. The minimum amount of investment required by an retail is ₹6,900 (10 shares) (based on upper price). 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 Open
Thu, Nov 22, 2007
IPO Close
Tue, Nov 27, 2007
Issue Price
₹690 per share
Market Cap (Pre-IPO)
₹1,001.45 Cr
| IPO Date | 22 to 27 Nov, 2007 |
| Listed on | Wed, Dec 19, 2007 |
| Face Value | ₹5 per share |
| Price Band | ₹620 to ₹690 |
| Issue Price | ₹690 per share |
| Lot Size | 10 Shares |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 44,30,260 shares (agg. up to ₹306 Cr) |
| Offer for Sale | 44,30,260 shares of ₹5 (agg. up to ₹306 Cr) |
| Share Holding Pre Issue | 1,45,13,760 shares |
| Share Holding Post Issue | 1,45,13,760 shares |
| BSE Script Code / NSE Symbol | 532926 / JYOTHYLAB |
| ISIN | INE668F01031 |
Jyothy Laboratories IPO comprises a total issue size of 44,30,260 shares. Out of which, 22,15,130 (50.00%) are allocated to QIB, 6,64,540 (15.00%) allocated to NII 15,50,590 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max 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% |
Investors can bid for a minimum of 10 shares and in multiples thereof.
| 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 |
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.
| Period Ended |
|---|
| Amount in ₹ Crore |
| KPI | |
|---|---|
| RoNW | 16.51% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 63.48% | 63.48% |
| Market Cap | ₹1,001.45 Cr. |
The Jyothi Laboratories IPO is subscribed 45.83 times on November 27, 2007 5:00:00 PM (Day 4). The public issue subscribed 14.67 times in the retail category, 66.41 times in the QIB category, and 49.9 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹690.00 | ₹690.00 |
| Open | ₹799.00 | ₹895.00 |
| Low | ₹752.60 | ₹741.15 |
| High | ₹880.00 | ₹895.00 |
| Last Trade | ₹793.70 | ₹741.15 |
Lead Manager Reports
Jyothy Laboratories IPO is a main-board IPO of 44,30,260 equity shares of the face value of ₹5 aggregating up to ₹306 Crores. The issue is priced at ₹690 per share. The minimum order quantity is 10.
The IPO opens on Thu, Nov 22, 2007, and closes on Tue, Nov 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 Thu, Nov 22, 2007 and closes on Tue, Nov 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 Wed, Dec 19, 2007.
