Jakharia Fabric Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 516,000 (47%) | — | ₹929 Cr |
| Retail | — | 516,000 (47%) | — | ₹929 Cr |
| Market Maker | — | 60,000 (5%) | — | ₹11 Cr |
| Σ Total | — | 1,092,000 (100%) | — | ₹19,656 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹144,000 |
| Retail (Max) | 13 | 10,400 | ₹1,872,000 |
| S-HNI (Min) | 14 | 11,200 | ₹2,016,000 |
| B-HNI (Min) | 67 | 53,600 | ₹9,648,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue | 7,703 | 7,723 | 8,917 |
| Profit After Tax | 339 | 446 | 433 |
| Total Assets | 5,844 | 5,954 | 5,044 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Part finance the setting up of processing unit through investment in M/s. Jakharia Industries at MIDC Tarapur, Bhiwandi, Maharashtra. – 18.10
- 2 Expenditure for General Corporate Purposes – 0.87
Company Overview
Incorporated in 2007, Maharashtra based Jakharia Fabric Limited is a company engaged in the business of dyeing and processing of fabrics on job work basis for other textile
companies as well as for own manufacturing product lines. The Company procures Grey Fabric from the market and further dyes and finishes the same as per the client's requirements on the basis of the quality of the fabric, sizing requirements etc. It also outsources certain processes like the weaving of the fabric and printing as per the demand of the customers based on the quality required. The Company manufactures and processes the fabric especially suitable for Shirtings.
Jakharia Fabric is in process of setting up an additional processing facility at Plot No. J1/1, MIDC Tarapur Industrial Area, Boisar, Palghar - 401 506. This facility is being set up through M/s Jakharia Industries, which is a Partnership Firm, wherein the Company is a partner. The Partnership firm intends to carry on the business of preparing spinning doubling texturing weaving, winding, knitting, scouring, sizing, bleaching, coloring, dying, printing and finishing and processing working or manufacturing in any way whatsoever of cotton, linen, wool synthetics and various other textile products.
The Company has set-up two (2) processing units located at MIDC Area of Saravali, Bhiwandi in Maharashtra and MIDC Area of Tarapur, Bhiwandi in Maharashtra. The plant has the facilities for dyeing and processing wide range of fabrics.
As of March 31, 2018, the company has 319 employees on its payroll.