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Open
9 Apr 2019
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Close
15 Apr 2019
3
Allotment
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Listing
Thu, Apr 25, 2019
Price Band
₹59 per share
Issue Size
72,00,000 shares (agg. up to ₹42 Cr)
Lot Size
2,000 Shares
Listing Date
Thu, Apr 25, 2019
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.11x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Nov 2018 | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|---|
| Assets | 149.80 | 140.80 | 103.53 | 114.04 |
| Total Income | 95.24 | 154.25 | 135.02 | 136.49 |
| Profit After Tax | 4.17 | 7.82 | 2.88 | 2.14 |
| EBITDA | 11.28 | 20.07 | 12.22 | 10.78 |
| NET Worth | 41.01 | 30.83 | 23.01 | 20.14 |
| Reserves and Surplus | 26.15 | 16.83 | 13.01 | 10.14 |
| Total Borrowing | 61.31 | 55.32 | 46.30 | 45.56 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Artedz Fabs Ltd. | SME | ₹8.32 Cr | ₹36 | null | ₹41.65 | +15.69% | (+0.00%) |
| IRIS Clothings Ltd. | SME | ₹11.07 Cr | ₹90 | null | ₹90.00 | +0.00% | ₹46.82 (+2.86%) |
| Vinny Overseas Ltd. | SME | ₹10.37 Cr | ₹40 | null | ₹42.40 | +6.00% | ₹1.07 (+0.94%) |
| TCNS Clothing Co.Ltd. | Mainboard | ₹1,125.13 Cr | ₹716 | null | ₹659.15 | -7.94% | ₹583.95 (+2.14%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of machinery | 7.00 |
| 2 | Augmenting the long term working capital requirements of the Company | 18.00 |
| 3 | Repayment/ Pre-payment of certain Debt facilities availed by the Company | 5.00 |
| 4 | General Corporate Purposes | 8.72 |
| 5 | Issue related expenses | 3.76 |
About Jinaam's Dress IPO
Incorporated in 2011, Gujarat based Jinaam's Dress Limited is a manufacturer, distributor and supplier of Indian fusion and ethnic apparels for women. Company's product includes women's clothing such as kurti, dupatta, sarees, lehenga-choli, and scarfs made of satin, georgette, crepe, chiffon, velvet, polyester, cotton, silk, and wool. They also provide dying, printing, embroidery, cutting, stitching, sewing, finishing, inspection, and packing services. They have a presence across 19 states and 4 union territories in the country. They operate a retail store for women's apparel located at The Gateway Hotel, Surat, Gujarat. They also tied-up with Mandola e-Trade Pvt Ltd to use its e-commerce platform for online marketing and selling women apparels. They have a manufacturing unit producing 5,00,000 meters/month capacity for apparel material. Based on current market trends they have introduced around 134 product catalogues each of which comprises an average of around 8-10 designs during FY 2017-18.The company has a brand portfolio which includes FORMM, TIARAA, ZAREEN, ASMIRA, ROMA, BAHNI, HEROINE, FLORAL CREATION and JINAAM. The company also exports fabrics to different countries namel
Contact Details
Jinaam's Dress Ltd. AddressPlot No.524Road No.5, GIDCSachinSurat, Gujarat, 3942300261-2398505cs@jinaamdresses.comVisit Website