Jiwanram Sheoduttrai Industries IPO Details ( Jiwanram Sheoduttrai Industries Limited IPO Review )
(8 Sep 2023 – 12 Sep 2023)
Established in 1997, Jiwanram Sheoduttrai Industries Limited specializes in crafting and exporting Industrial Safety Gloves and Garments.
Our company is dedicated to producing a wide range of industrial garments and gloves, including head-to-toe safety attire and workwear. We operate manufacturing units in Baruipur, Nandankanan, and Falta SEZ in West Bengal.
Jiwanram Sheoduttrai Industries operates across three primary sectors:
- Industrial Leather Gloves: Our selection includes various types such as Canadian, Welder, Driver, Mechanical, Combi, Hi-Vis, and more. These gloves are designed to meet customized requirements, featuring Thinsulate lining and Kevlar stitching as needed by our customers.
- Industrial Garments: We offer a variety of options, including Fire retardant, high visibility, water repellent, U.V protection, oil and soil repellent, anti-bacterial, anti-peeling, and more. Each garment is tailored to meet the specific specifications of our clients.
- Work and Casual Wear: Our portfolio extends to Hospital Garments, Hotel Industry Garments, shirts, trousers, Jeans, jackets, and T-shirts, all produced on a made-to-order basis.
Our esteemed clientele hails from countries such as the United States of America, Spain, Germany, and Belgium.
In terms of financial performance, the company achieved total revenues of Rs. 40.69 Lacs, Rs. 32.48 Lacs, and Rs. 29.25 Lacs in the fiscal years 2023, 2022, and 2021, respectively.
Jiwanram Sheoduttrai Industries Limited IPO Competitive Strength
- International Presence and Wide Distribution Network
- Cost effective production and timely fulfilment of orders
- Products with National & International Certifications
- Experienced Promoters and strong senior management team with extensive knowledge of the sector
- Quality Control
Jiwanram Sheoduttrai Industries IPO Financials Performance ( Results )
Jiwanram Sheoduttrai Industries Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 12,104.17 | 3,281.34 | 2.98 | 0.02 | 4,307.14 | 87.01 | 3,812.11 | 4,883.69 |
| 31-Mar-22 | 11,377.25 | 3,414.89 | 149.69 | 0.86 | 4,428.27 | 89.45 | 3,933.24 | 5,230.92 |
| 31-Mar-23 | 12,112.36 | 4,598.41 | 402.65 | 2.32 | 4,802.36 | 27.72 | 3,069.74 | 5,258.99 |
Objective of IPO Issue
- To meet the working capital requirements.
- Prepayment and repayment of all or a portion of certain unsecured loans availed by the company.
- General Corporate Purpose and to meet the offer expenses.
Jiwanram Sheoduttrai IPO Basic Details
| IPO Date | Sep 8, 2023 to Sep 12, 2023 |
| Listing Date | Thursday, 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 | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 17,326,225 |
| Share holding post issue | 24,748,225 |
| Company Promoters | Alok Prakash, Anupama Prakash, Gyan Prakash And Alok Prakash Huf |
Jiwanram Sheoduttrai IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
Jiwanram Sheoduttrai IPO Timetable
Jiwanram Sheoduttrai IPO will open on September 8, 2023 and close on September 12, 2023. You can join Jiwanram Sheoduttrai IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 8 September 2023 (Friday) |
| Closing Date | 12 September 2023 (Tuesday) |
| Basis of Allotment | 15 September 2023 (Friday) |
| Initiation of Refunds | 18 September 2023 (Monday) |
| Credit of Shares to Demat | 20 September 2023 (Wednesday) |
| Listing Date | 21 September 2023 (Thursday) |
| Deadline for UPI mandate confirmation | 5 PM on 12 September 2023 |
Jiwanram IPO Lot Size
For retail investors in Jiwanram IPO, 6000 shares will come in 1 lot or the minimum investment will be ₹138,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹138,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 6000 | ₹138,000 |
| Retail (Max) | 1 | 6000 | ₹138,000 |
| S-HNI (Min) | 2 | 12000 | ₹276,000 |
Jiwanram IPO Promoter Holding
The company’s promoters include Alok Prakash, Anupama Prakash, Gyan Prakash And Alok Prakash Huf.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 70.01% |
Jiwanram Sheoduttrai Industries Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | Coming Soon |
| Earning Per Share (EPS) | ₹2.32 per Equity Share |
| Net Asset Value (NAV) | ₹27.72 per Equity Share |
| P/E Ratio (P/E) (x) | 9.91 |
| Return on Net Worth (RoNW) (%) | 8.38 |
| Return on equity (ROE) (%) | 8.38 |
| Return on Capital Employed (ROCE) (%) | 7.29 |
| Debt/Equity Ratio | 1.10 |
Jiwanram Sheoduttrai Industries Ltd Peer Comparison
There are no listed companies in India that are comparable in all aspects of business and services that we provide. Accordingly, it is not possible to provide an industry comparison in relation to our Company.
Jiwanram Sheoduttrai IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 9 September 2023 | ₹15 | – | – |
| 8 September 2023 | ₹15 | – | – |
Jiwanram Sheoduttrai IPO Detail Video:
Jiwanram IPO Subscription Status (Bidding Detail)
The Jiwanram IPO on September 12, 2023 at 7:29:00 PM 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 Prospectus
| Jiwanram Sheoduttrai Industries IPO DRHP | Download |
| Jiwanram Sheoduttrai Industries IPO RHP | Download |
| Jiwanram Sheoduttrai Industries IPO Anchor Investors Details PDF | Download |
Jiwanram Sheoduttrai Industries IPO Rating
| Our Rating | 3.5/5.0 |
Jiwanram Sheoduttrai Company Contact Information
Jiwanram Sheoduttrai Industries Limited
Registered: 30D Jawaharlal Nehru Road Kolkata – 700016
Corporate Office: Shilpangan, LB 1, Phase -1, Module 301 & 302,
Sector III, Kolkata- 700098
Contact Person: Anupama Prakash, Chief Financial Officer
Tel: +91 33 4016 9500
E-mail: investor@jiwan.co.in
Website: www.jiwanramgroup.com
Corporate Identity Number: U17111WB1997PLC085533
Our Promoters: Alok Prakash, Anupama Prakash, Gyan Prakash
And Alok Prakash Huf
Jiwanram Sheoduttrai IPO Registrar
Cameo Corporate Services Limited
Corporate Office: Subramanian Building” 1 Club House
Road, Chennai- 600 002.
Tel: +91 40 6716 2222
E-mail: priya@cameoindia.com
Investor Grievance e-mail: investor@cameoindia.com
Website: www.cameoindia.com
Contact Person: K. Sreepriya
SEBI Registration No.: INR000003753
Jiwanram Sheoduttrai Industries IPO Lead Manager
Affinity Global Capital Market Private Limited
Corporate Office: 20B, Abdul Hamid Street, East India House,
1st Floor, Room No. 1G, Kolkata – 700069, West Bengal, India
Tel: +91 33 4004 7188
E-mail: jiwanram@affinityglobal.in
Investor Grievance ID: investor@affinityglobalcap.in
Website: www.affinityglobalcap.in
Contact Person: Ayushi Hansaria
SEBI Registration Number: INM000012838
Jiwanram Sheoduttrai Industries IPO FAQs
What is the lot size of Jiwanram Sheoduttrai Industries IPO?
The total size of Jiwanram Sheoduttrai Industries IPO is ₹17.07 crores and this is a complete fresh Issue.
When will Jiwanram Sheoduttrai Industries IPO start?
Jiwanram Sheoduttrai Industries IPO will open from 8 September 2023 and IPO will close on 12 September 2023.
What is the open date of Jiwanram Sheoduttrai Industries IPO?
Jiwanram Sheoduttrai Industries IPO will open date from 8 September 2023.
What is the last date ( close date ) of Jiwanram Sheoduttrai IPO?
Jiwanram Sheoduttrai IPO will close from 12 September 2023.
What is the price band of Jiwanram Sheoduttrai IPO?
Jiwanram Sheoduttrai IPO price band is ₹23.
What is the minimum amount required to apply for Jiwanram IPO?
The minimum investment for retailers to apply for Jiwanram IPO is ₹138,000 and the maximum investment is ₹138,000.
What is going on gray market premium of Jiwanram IPO?
View gray market premium of Jiwanram IPO by Clicking Here
How much is the GMP of Jiwanram IPO?
Watch Jiwanram IPO GMP Today: Click Here
What is the allotment date of Jiwanram IPO?
The allotment date of Jiwanram IPO is 15 September 2023.
How to check allotment status in Jiwanram IPO?
To check the allotment status of Jiwanram IPO, first of all go to the registrar website by clicking here, select your bad Jiwanram IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Jiwanram IPO?
The listing date of Jiwanram IPO is 21 September 2023.
How much will be the listing gain in Jiwanram Sheoduttrai Industries IPO?
View listing gain of Jiwanram Sheoduttrai Industries IPO by Clicking Here
How much time Jiwanram Sheoduttrai Industries IPO is subscribed?
Total 112.96 times subscribed in Jiwanram Sheoduttrai Industries IPO out of which 151.47 times subscription was done in retail quota, 69.75 times subscription in other quota.
How to apply for Jiwanram Sheoduttrai Industries IPO from Upstox?
Click Here to see how to apply for Jiwanram Sheoduttrai Industries IPO from Upstox. (step by step)
How to apply for Jiwanram Sheoduttrai Industries IPO from Zerodha?
Click Here to see how to apply for Jiwanram Sheoduttrai Industries IPO from Zerodha. (step by step)
How to apply for Jiwanram Sheoduttrai Industries IPO from Angle One?
Click Here to see how to apply for Jiwanram Sheoduttrai Industries IPO from Angle One. (step by step)
