Jiya Eco-Products Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,140,000 (47%) | — | ₹217 Cr |
| Retail | — | 1,146,000 (48%) | — | ₹218 Cr |
| Market Maker | — | 126,000 (5%) | — | ₹2 Cr |
| Σ Total | — | 2,412,000 (100%) | — | ₹4,583 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 | ₹114,000 |
| Retail (Max) | 13 | 78,000 | ₹1,482,000 |
| S-HNI (Min) | 14 | 84,000 | ₹1,596,000 |
| B-HNI (Min) | 67 | 402,000 | ₹7,638,000 |
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 Procurement of new machinery – 2.65
- 2 Working capital requirement – 1.53
- 3 Issue expenses – 0.40
Company Overview
Incorporated in 2011, Jiya Eco Products Ltd is an ISO 9001:2008 certified company engaged in the manufacturing of bio-fuels viz. bio-briquettes and bio-pellets which is an alternative source of energy and has the ability to replace/are fairly good substitutes of traditional fossil fuels like coal, firewood, lignite, etc.
At present, the company has authorised collection centres spread over surrounding villages to source agricultural waste which serves as the major raw material in production of bio-fuels. The company received various incentives from Government including tax holiday, interest rate subvention and VAT exemption. Currently JEPL is one of the key players across the state of Gujarat in bio-fuel sector and has plans to expand its presence on PAN India basis.