Jiwanram Sheoduttrai Industries Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 3,522,000 (47%) | — | ₹810 Cr |
| Retail | — | 3,522,000 (47%) | — | ₹810 Cr |
| Market Maker | — | 372,000 (5%) | — | ₹9 Cr |
| Σ Total | — | 7,422,000 (100%) | — | ₹17,071 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 | 6,000 | ₹138,000 |
| Retail (Max) | 13 | 78,000 | ₹1,794,000 |
| S-HNI (Min) | 14 | 84,000 | ₹1,932,000 |
| B-HNI (Min) | 67 | 402,000 | ₹9,246,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Revenue | 4,598 | 3,415 | 3,281 |
| Profit After Tax | 403 | 150 | 3 |
| Net Worth | 4,802 | 4,428 | 4,307 |
| Total Assets | 12,112 | 11,377 | 12,104 |
| Reserves & Surplus | 3,070 | 3,933 | 3,812 |
| Total Borrowing | 5,259 | 5,231 | 4,884 |
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
- To meet the working capital requirements – 9.11
- Prepayment and repayment of all or a portion of certain unsecured loan availed by our company – 2.00
- General Corporate Purpose and – 3.20
- To meet the offer expenses – 2.76
Company Overview
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, 2022, and 2021 respectively.