JIWANRAM SHEODUTTRAI INDUSTRIES (NSE SME)

Sep 8, 2023 - Sep 12, 2023

Price ₹23 - ₹23
Premium ₹13
Lot size 6000
Allotment Sep 14, 2023
Listing Sep 18, 2023

Category Lot(s) Qty Amount Reserved
Retail 1 6000 138000 0
HNI 2 12000 276000 0

Last updated on 12-Sep-2023 17:00:42

CategoryOfferedAppliedTimes
NIB35,22,00022,97,34,00065.23
RETAIL35,28,00053,43,78,000151.47
Total70,50,00076,41,12,000108.38
Retail Apps89,063© IPO Premium
About

Incorporated in 1997, Jiwanram Sheoduttrai Industries Limited manufactures and exports Industrial Safety Gloves and Garments.

The company manufactures industrial garments and gloves and exports head-to-toe safety wear, workwear, and more. It has manufacturing units located in Baruipur, Nandankanan, and Falta SEZ West Bengal.

Jiwanram Sheoduttrai Industries' business can be classified under three verticals:

  1. Industrial Leather Gloves which are classified as Canadian, Welder, Driver, Mechanical, Combi, Hi-Vis, etc.; are Thinsulate lined and kevlar stitched as per the customization requirements of the customers.
  2. Industrial Garments which are classified as Fire retardant, high visibility, water repellent, U.V protection, oil and soil repellent, anti-bacterial, anti-peeling, etc.; manufactured as per the specifications of the customers.
  3. Work and Casual wear Manufacturing of Hospital Garments, Hotel Industry Garments, shirts, trousers, Jeans, jackets, and T-shirts on an order basis.

JSI's clientele comes from countries like the United States of America, Spain, Germany, and Belgium.

The company recorded a total revenue of Rs. 4.06 Cr., Rs. 3.24 Cr., and Rs. 2.92 Cr. in Fiscal 2023, 2022, and 2021 respectively.

Jiwanram Sheoduttrai Industries IPO Details

Jiwanram Sheoduttrai Industries IPO is a Fixed Price Issue. The IPO total issue size is Rs 17.07 Cr. The Jiwanram Sheoduttrai Industries IPO price is ₹23 per share. The IPO will list on NSE SME.

Issue Size 7,422,000 shares
(aggregating up to ₹17.07 Cr)
Fresh Issue 7,422,000 shares
(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

Jiwanram Sheoduttrai Industries IPO Lead Manager(s)

Affinity Global Capital Market Private Limited

Company Financials

Jiwanram Sheoduttrai Industries IPO Financial Information (Restated)
Period Mar 2021 Mar 2022 Mar 2023
Assets 12,104.17 11,377.25 12,112.36
Revenue 3,281.34 3,414.89 4,598.41
Profit 2.98 149.69 402.65
Net Worth 4,307.14 4,428.27 4,802.36
Reserves 3,812.11 3,933.24 3,069.74
Borrowing 4,883.69 5,230.92 5,258.99
Amount in ₹ Lakhs
Lead Manager(s)
Strength
Weakness
Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/