| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹20.65 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹20.65 Cr |
| Fresh Issue | ₹19.61 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน36.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | GAJANAND |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| Lead Managers |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 3,000 shares and in multiples thereof
Founded in 2009, Gajanand International Limited, formerly known as Gajanand Cottex Private Limited, is engaged in the production of contamination-free and sustainable cotton.
The company's product portfolio includes:
Company strengths:
As of March 31, 2024, the company had 22 employees.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To meet out the Working Capital requirements of the Company; | 14.99 |
| 2 | To meet out the General Corporate Purposes; and | 4.01 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 39.31 | 19.01 | 19.44 |
| Total Income | 108.75 | 73.42 | 61.76 |
| Profit After Tax | 2.24 | 1.41 | 0.03 |
| NET Worth | 17.71 | 5.48 | 4.07 |
| Reserves and Surplus | 4.61 | 5.06 | 3.65 |
| Total Borrowing | 12.07 | 11.79 | 14.65 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 19.30% |
| ROCE | 29.72% |
| Debt / Equity | 0.68% |
| RoNW | 19.30% |
| PAT Margin | 2.06% |
| Price to Book Value | 2.10 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 1.71 | 1.19 |
| P/E (x) | 21.08 | 30.31 |
| Promoter Holding | 90.5% | 62.34% |
| Market Cap | โน67.81 Cr. | |