Jet Infraventure Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 171,000 (48%) | — | ₹214 Cr |
| Retail | — | 171,000 (48%) | — | ₹214 Cr |
| Market Maker | — | 18,000 (5%) | — | ₹2 Cr |
| Σ Total | — | 360,000 (100%) | — | ₹4,500 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 | 1,000 | ₹125,000 |
| Retail (Max) | 13 | 13,000 | ₹1,625,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,750,000 |
| B-HNI (Min) | 67 | 67,000 | ₹8,375,000 |
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 Working Capital Requirement – 2.60
- 2 Repay certain unsecured loans availed by the company – 0.88
- 3 General CorporatePurposes – 0.62
- 4 Issue Expenses – 0.40
Company Overview
Incorporated in 2001, Jet Infraventure Limited is a Mumbai based real estate development company. Company executed residential projects in the States of Maharashtra and Gujarat.
Jet Infraventure is engaged in various activities which includes planning the project structure, estimating project overheads and project implementation.
The completed residential projects of the company are:
1. Shree Samartha, situated at Alibaug, Maharashtra.
2. Sai Residency, situated near Versoli Beach, Alibaug, Maharashtra.
3. Jet Excellency, located at Navsari, Gujarat.