JIWANRAM SHEODUTTRAI INDUSTRIES (NSE SME)
September 8, 2023 – September 12, 2023
| Price | ₹23 - ₹23 |
| Premium | ₹13 |
|---|---|
| Lot size | 6000 |
| Allotment | Sep 14, 2023 |
| Listing | Sep 18, 2023 |
Jiwanram Sheoduttrai Industries Limited
30D Jawaharlal Nehru Road,
2nd Floor,
Kolkata- 700016
Phone: +91 33 4016 9500
Email: investor@jiwan.co.in
Website: https://www.jiwanramgroup.com/
Last updated on 12-Sep-2023 17:00:42
| Category | Offered | Applied | Times |
|---|---|---|---|
| NIB | 35,22,000 | 22,97,34,000 | 65.23 |
| RETAIL | 35,28,000 | 53,43,78,000 | 151.47 |
| Total | 70,50,000 | 76,41,12,000 | 108.38 |
| Retail Apps | 89,063 | © IPO Premium | |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 6000 | 138000 | 0 |
| HNI | 2 | 12000 | 276000 | 0 |
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:
- 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.
- 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.
- 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
| 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 |