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Jagdamba Polymers IPO IPO

SME[.][.]
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Open
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Allotment
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Listing
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Issue Size
35,58,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets60.9353.5558.33
Total Income64.5260.0280.99
Profit After Tax7.956.615.62
EBITDA13.5814.199.36
NET Worth46.7138.7530.03
Reserves and Surplus44.1736.2126.76
Total Borrowing9.9011.2015.37
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Wakefit Innovations Ltd.Mainboard₹1,288.89 Cr₹195-171.29₹192.29-1.39%₹138.86 (+11.06%)
Euro Pratik Sales Ltd.Mainboard₹451.31 Cr₹24733.02₹248.38+0.56%₹305.90 (-2.73%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1To meet working capital Expenses21.76
2To meet Capital Expenditure5.94
3Prepayment and repayment of all or a portion of certain secured loans.3.63
4General Corporate Purposes
5To meet the offer related expenses

About Jagdamba Polymers IPO

Incorporated in 1992, Jagdamba Polymers Limited is specializes in plastic houseware products and molded furniture. The company operates under the established brand name “Ankur.” The product range includes every day-use houseware item and molded furniture that are designed to combine utility with visual appeal. The company developed a broad distribution network that spans several states across India, reaching urban as well as semi-urban markets, and we have also made inroads into international markets through direct and indirect export channels. The company operates across 16 states in India, with a substantial portion of their revenue generated from their home state of Odisha. Other key markets include Andhra Pradesh, Tamil Nadu, Chhattisgarh and West Bengal. Product: Houseware and Moulded Furniture Range As of March, 2025, the company had 141 employees in their pay roll and 153 unskilled workers from 3rd party contract labour supplier. Competitive Strengths: Experienced management & work force Focus on Quality and Safety Scalable Business-2-Business (B-2-B) Model Products with modern designs and vibrant colors Existing relationship with the clients and suppliers + Read More

Contact Details

Jagdamba Polymers Ltd. Address25,Ganeswarpur Industrial Estate,Januganj,Balasore, Odisha, 756019+91 7735745916cs@jagdambapolymers.co.inVisit Website