Junction Fabrics & Apparels Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 472,000 (47%) | — | ₹76 Cr |
| Retail | — | 472,000 (47%) | — | ₹76 Cr |
| Market Maker | — | 56,000 (6%) | — | ₹1 Cr |
| Σ Total | — | 1,000,000 (100%) | — | ₹1,600 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 | 8,000 | ₹128,000 |
| Retail (Max) | 13 | 104,000 | ₹1,664,000 |
| S-HNI (Min) | 14 | 112,000 | ₹1,792,000 |
| B-HNI (Min) | 67 | 536,000 | ₹8,576,000 |
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 To Meet Working Capital Requirement – 1.14
- 2 Public Issue Expenses – 0.47
Company Overview
Incorporated in 2011, Junction Fabrics And Apparels Ltd (JFAL) is engaged in the business of garment manufacturing and selling both Knitted Fabric as well as Garments. Its range of garment products covers all the age group segments such as kids wear, mens wear, ladies wear, boys & girls wear. JFAL uses variety of knitted fabrics such as 100% cotton, 100% polyester, blended (cotton and polyester) and printed polyester fabrics in the production of garments and selling it to domestic garment manufacturers.
JFAL sales around 80% of its products in domestic markets and the rest to Middle East Countries such UAE, Kuwait, Qatar, Bahrain, Saudi where there is demand for company's products as there are sizeable expatriates living in these countries. JFAL manufactures 100% cotton fabrics by supplying Yarn to the Mills for Knitting, Dyeing, Printing, Compacting factories.