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Open
8 Sep 2023
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Close
12 Sep 2023
3
Allotment
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Listing
Mon, Sep 18, 2023
Price Band
₹23 per share
Issue Size
74,22,000 shares (agg. up to ₹17 Cr)
Lot Size
6,000 Shares
Listing Date
Mon, Sep 18, 2023
Latest GMP
₹13
Est. Gain
56.52%
✦ AI Insight
GMP Trend
18-09-2023₹13Est. ₹36+56.52%
17-09-2023₹13Est. ₹36+56.52%
16-09-2023₹12Est. ₹35+52.17%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 109.34x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Meson Valves India Ltd. | SME | ₹31.09 Cr | ₹102 | 15.47 | ₹203.45 | +99.46% | ₹220.75 (-2.00%) |
| Alphalogic Industries Ltd. | SME | ₹12.88 Cr | ₹96 | 22.3 | ₹96.29 | +0.30% | ₹151.00 (+9.03%) |
| Auro Impex & Chemicals Ltd. | SME | ₹27.07 Cr | ₹78 | 12.07 | ₹75.70 | -2.95% | ₹25.15 (+2.03%) |
| Srivasavi Adhesive Tapes Ltd. | SME | ₹15.50 Cr | ₹41 | 16.08 | ₹42.00 | +2.44% | ₹94.35 (+3.68%) |
| Sealmatic India Ltd. | SME | ₹56.24 Cr | ₹225 | 18.75 | ₹236.25 | +5.00% | ₹393.65 (+0.94%) |
| Harsha Engineers International Ltd. | Mainboard | ₹755.00 Cr | ₹330 | 32.67 | ₹486.50 | +47.42% | ₹427.45 (+0.42%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ 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 |
About Jiwanram Sheoduttrai IPO
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 total revenue of Rs. 40.69 Lacs, Rs. 32.48 Lacs, and Rs. 29.25 Lacs in Fiscal 2023, 202
Contact Details
Jiwanram Sheoduttrai Industries Ltd. Address30D, Jawaharlal Nehru Road2nd FloorKolkata, West Bengal, 700016+91 33 4016 9500investor@jiwan.co.inVisit Website