Jiwanram Sheoduttrai Industries IPO Details
The Jiwanram Sheoduttrai Industries Limited is gearing up to make its mark in the primary market with its initial public offering (IPO) scheduled for September 8, 2023. Investors are eagerly eyeing this opportunity as the company’s promoters have set a fixed price of ₹23 per share for the IPO, with plans to list on the NSE SME exchange.
Early Action in Unlisted Shares Market:
In the run-up to the Jiwanram Sheoduttrai Industries IPO, shares of the company have already begun trading in the unlisted stock market. Market pundits have taken note, indicating that these shares are commanding a premium of ₹6 in the grey market at present.
Key Insights into Jiwanram Sheoduttrai Industries IPO:
Jiwanram Sheoduttrai Industries IPO GMP:
As of today, the grey market premium (GMP) for Jiwanram Sheoduttrai Industries IPO stands at ₹6, according to market observers.
Jiwanram Sheoduttrai Industries IPO Price:
The company’s promoters have set the IPO price at ₹23 per equity share.
Jiwanram Sheoduttrai Industries IPO Subscription Period:
Investors will have the opportunity to subscribe to the IPO from September 8, 2023, to September 12, 2023.
Jiwanram Sheoduttrai Industries IPO Size:
Jiwanram Sheoduttrai Industries aims to raise ₹17.07 crore through the issuance of fresh shares.
Jiwanram Sheoduttrai Industries IPO Lot Size:
Investors can apply in lots, with each lot comprising 6000 company shares.
Jiwanram Sheoduttrai Industries IPO Allotment Date:
The tentative date for the allocation of shares is set for September 15, 2023.
Jiwanram Sheoduttrai Industries IPO Registrar:
The official registrar for the IPO is Cameo Corporate Services Limited.
Jiwanram Sheoduttrai Industries IPO Listing Venue:
The company plans to list its shares on the NSE SME exchange.
Jiwanram Sheoduttrai Industries IPO Listing Date:
Mark your calendars for the likely listing date of September 21, 2023.
Jiwanram Sheoduttrai Industries IPO Investment Limit:
Retail investors looking to participate in the NSE SME issue should be prepared with a minimum investment of ₹1.38 lakh.
About Jiwanram Sheoduttrai Industries:
Jiwanram Sheoduttrai Industries specializes in the production of industrial garments, safety gloves, and personal protective equipment (PPE). The company operates manufacturing facilities situated in Baruipur, Nandankanan, and Falta SEZ, West Bengal.
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