| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹17.07 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹17.07 Cr |
| Fresh Issue | ₹16.22 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน23.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | JIWANRAM |
| Registrar | Cameo Corporate Services 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: 6,000 shares and in multiples thereof
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:
JSI's clientele comes from countries like the United States of America, Spain, Germany, and Belgium.
The company recorded total revenue of Rs. 40.69 Lacs, Rs. 32.48 Lacs, and Rs. 29.25 Lacs in Fiscal 2023, 2022, and 2021 respectively.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To meet the working capital requirements | 9.11 |
| 2 | Prepayment and repayment of all or a portion of certain unsecured loan availed by our company | 2.00 |
| 3 | General Corporate Purpose and | 3.20 |
| 4 | To meet the offer expenses | 2.76 |
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 121.12 | 113.77 | 121.04 |
| Total Income | 45.98 | 34.15 | 32.81 |
| Profit After Tax | 4.03 | 1.50 | 0.03 |
| NET Worth | 48.02 | 44.28 | 43.07 |
| Reserves and Surplus | 30.70 | 39.33 | 38.12 |
| Total Borrowing | 52.59 | 52.31 | 48.84 |
| Amount in ₹ Crore | |||
| KPI | |
|---|---|
| ROE | 8.38% |
| ROCE | 7.29% |
| Debt / Equity | 1.10% |
| RoNW | 8.38% |
| PAT Margin | 9.52% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 2.32 | |
| P/E (x) | 9.91 | 14.11 |
| Promoter Holding | 100% | 70.01% |
| Market Cap | โน56.92 Cr. | |