The Jiwanram IPO started on September 8, 2023, and ended on September 12, 2023. Shares were allocated on September 15, 2023, and refund processes began on September 18, 2023. On September 20, 2023, the shares were credited to investors demat accounts. Jiwanram was officially listed on the stock exchange on September 21, 2023.
During the IPO, Jiwanram offered shares at a price range of ₹23 per share, and the lot size was 6000 shares. The total issue size was ₹17.07 crores, with ₹17.07 crores from new shares. The IPO was listed on the NSE SME.
Regarding share reservations, 50% of the shares were allocated to other and 50% were set aside for retail investors.
Jiwanram IPO Subscription Update Video
Jiwanram IPO Subscription Status
The Jiwanram IPO on September 12, 2023 was subscribed 112.96 times, with the retail category being subscribed 151.47 times, the other category being subscribed 69.75 times.
| Category | Subscription |
| Other | 69.75x |
| Retail | 151.47x |
| Total | 112.96x |
Jiwanram IPO Basic Details
| Company Name | Jiwanram Sheoduttrai Industries Limited |
| Domain of Company | Manufactures and Exports Industrial Safety Gloves and Garments |
| IPO Open Date | September 8, 2023 |
| IPO Close Date | September 12, 2023 |
| IPO Allotment Date | September 15, 2023 |
| IPO Listing Date | September 21, 2023 |
| Face Value | ₹10 per share |
| Price | ₹23 per share |
| Lot Size | 6000 Shares |
| Issue Size | 7,422,000 shares of ₹10 (aggregating up to ₹17.07 Cr) |
| Fresh Issue | 7,422,000 shares of ₹10 (aggregating up to ₹17.07 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Alok Prakash, Anupama Prakash, Gyan Prakash And Alok Prakash Huf |
About Jiwanram Sheoduttrai Industries Limited
Founded in 1997, Jiwanram Sheoduttrai Industries Limited specializes in producing and exporting a wide range of Industrial Safety Gloves and Garments.
Our company manufactures industrial garments and gloves, and we export comprehensive safety wear, workwear, and more. We operate manufacturing facilities in Baruipur, Nandankanan, and Falta SEZ, West Bengal.
Jiwanram Sheoduttrai Industries focuses on three primary business sectors:
- Industrial Leather Gloves: Our leather gloves include various types such as Canadian, Welder, Driver, Mechanical, Combi, Hi-Vis, and more. We customize them with Thinsulate lining and Kevlar stitching to meet specific customer requirements.
- Industrial Garments: Our industrial garments encompass Fire retardant, high visibility, water repellent, U.V. protection, oil and soil repellent, anti-bacterial, and anti-peeling options. We tailor these garments to meet precise customer specifications.
- Work and Casual Wear: We also offer manufacturing services for Hospital Garments, Hotel Industry Garments, shirts, trousers, jeans, jackets, and T-shirts, all available on an order basis.
Our clientele hails from countries like the United States of America, Spain, Germany, and Belgium.
In fiscal years 2021, 2022, and 2023, our company reported total revenues of Rs. 29.25 Lacs, Rs. 32.48 Lacs, and Rs. 40.69 Lacs, respectively.
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Jiwanram IPO FAQs
What is the start and end date of Jiwanram IPO Subscription?
The Jiwanram IPO started on September 8, 2023, and ended on September 12, 2023.
When does Jiwanram IPO Subscription open?
The Jiwanram IPO open on September 8, 2023.
When does Jiwanram IPO Subscription close?
The Jiwanram IPO Close on September 12, 2023.
What is the allotment date of Jiwanram IPO?
The allotment date for Jiwanram IPO is September 15, 2023.
When is the initial refund date of Jiwanram IPO?
The initial Refund date for Jiwanram IPO is September 18, 2023.
When were the shares credited to investors demat accounts for the Jiwanram IPO?
The shares for the Jiwanram IPO were credited to investors demat accounts on September 20, 2023.
When will Jiwanram IPO be listed on the stock market?
Jiwanram IPO stock market will be listed on September 21, 2023 at 10 am.
What was the price range of the Jiwanram IPO shares?
The Jiwanram IPO shares were offered at a price range of ₹23 per share.
What was the lot size for the Jiwanram IPO shares?
The lot size for the Jiwanram IPO shares was 6000 shares.
What was the total issue size of the Jiwanram IPO?
The total issue size of the Jiwanram IPO was ₹17.07 crores.
How were the shares allocated among different types of investors for the Jiwanram IPO?
50% of the shares were allocated to other and 50% were set aside for retail investors.
On which stock exchanges was the Jiwanram IPO listed?
The Jiwanram IPO was listed on the NSE SME.
What is the Jiwanram IPO Subscription Status?
Jiwanram IPO is subscribed 00 Times.
