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Open
28 Sep to 3 Oct, 2017
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Close
28 Sep to 3 Oct, 2017
3
Allotment
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Listing
Wed, Oct 11, 2017
Price Band
₹115 to ₹120
Issue Size
40,00,800 shares (agg. up to ₹48 Cr)
Lot Size
1,200 Shares
Listing Date
Wed, Oct 11, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.91x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|
| Assets | 182.49 | 161.35 | 157.44 |
| Total Income | 147.83 | 113.05 | 112.01 |
| Profit After Tax | 10.51 | 8.75 | 7.83 |
| NET Worth | 89.34 | 81.02 | 74.06 |
| Reserves and Surplus | 79.76 | 71.45 | 64.49 |
| Total Borrowing | 39.90 | 41.08 | 33.52 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Captain Technocast Ltd. | SME | ₹5.70 Cr | ₹40 | null | ₹48.50 | +21.25% | ₹221.00 (+0.45%) |
| Meera Industries Ltd. | SME | ₹3.89 Cr | ₹36 | null | ₹36.05 | +0.14% | ₹43.22 (-2.00%) |
| Salasar Techno Engineering Ltd. | Mainboard | ₹35.95 Cr | ₹108 | null | ₹262.50 | +143.06% | ₹6.03 (-0.82%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet working capital requirement of the Company, Expansion of Manufacturing facilities at Unit III, to acquire land in SEZ Pithampur and then to set- up a new manufacturing plant (i.e. Unit IV) in SEZ Pithampur to cater to increased export business resulting out of acquisition of Rodney Hunt in USA and Mahr Maschinenbau GmbH in Austria and for General Corporate Purpose. | 23.13 |
| 2 | Fund required for exit of Pragati Fund India Limited including OFS and Pre IPO placement | 20.88 |
About Jash Engineering IPO
Jash Engineering Ltd is Gwalior, MP based company is engaged in manufacturing of wide range of products used in water intake systems, water and waste water pumping stations and treatment plants, storm water pumping stations, water transmission lines, power, steel, cement, paper & pulp, petrochemicals, chemical, fertilizers and other process plants. Company design, develop and market products like water control gates, flap valves, knife gates valves, energy dissipating valves, water hammer control valves, fine and coarse screens, screening conveying equipment, screening washing and compaction equipment, industrial valves for bulk solids handling, hydro power screw generator, screw pump and process equipment like detritors, clarifiers, clariflocculators, thickeners, decanters aerators, trickling filters, dissolved air flotation (DAF) units, rotary drum slackers, rake classifiers, pressure sand filters, etc. for water, water waste and effluent treatment plants.Jash Engineering Design, Casting, Fabrication, and Assembly & Test all products it manufacture. Company caters to the domestic as well as international markets. Jash Engineering has 500 employees.+ Read More
Contact Details
Jash Engineering Ltd. Address31, Sector-CSanwer RoadIndustrial AreaIndore, Madhya Pradesh, 452015+91-731-6732700info@jashindia.comVisit Website