Jiwanram Sheoduttrai Industries IPO Details | GMP, Date

Jiwanram Sheoduttrai Industries IPO

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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:

  1. 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.
  2. 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.
  3. 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 EndedTotal AssetsTotal RevenuePATEPS
Net WorthNAV

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 DateSep 8, 2023 to Sep 12, 2023
Listing DateThursday, September 21, 2023
Face Value₹10 per share
Price₹23 per share
Lot Size6000 Shares
Issue Size7,422,000 shares of ₹10
(aggregating up to ₹17.07 Cr)
Fresh Issue7,422,000 shares of ₹10
(aggregating up to ₹17.07 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
Share holding pre issue17,326,225
Share holding post issue24,748,225
Company PromotersAlok Prakash, Anupama Prakash,
Gyan Prakash And Alok Prakash Huf

Jiwanram Sheoduttrai IPO Reservation

QIB Shares Offered50% of the Net Issue
NII (HNI) Shares Offered15% of the Net Issue
Retail Shares Offered35% 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.

Opening Date8 September 2023 (Friday)
Closing Date12 September 2023 (Tuesday)
Basis of Allotment15 September 2023 (Friday)
Initiation of Refunds18 September 2023 (Monday)
Credit of Shares to Demat20 September 2023 (Wednesday)
Listing Date21 September 2023 (Thursday)
Deadline for UPI mandate confirmation5 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.

Retail (Min)16000₹138,000
Retail (Max)16000₹138,000
S-HNI (Min)212000₹276,000

Jiwanram IPO Promoter Holding

The company’s promoters include Alok Prakash, Anupama Prakash, Gyan Prakash And Alok Prakash Huf.

Pre Issue Share Holding100.00%
Post Issue Share Holding70.01%

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.

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 Ratio1.10

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

DateGMPKostakSubject 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.


Jiwanram IPO Prospectus

Jiwanram Sheoduttrai Industries IPO DRHPDownload
Jiwanram Sheoduttrai Industries IPO RHPDownload
Jiwanram Sheoduttrai Industries IPO Anchor Investors Details PDFDownload

Jiwanram Sheoduttrai Industries IPO Rating

Our Rating3.5/5.0

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?

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How to apply for Jiwanram Sheoduttrai Industries IPO from Zerodha?

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How to apply for Jiwanram Sheoduttrai Industries IPO from Angle One?

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