IPO Issue Details
Issue Price / Price Band₹67 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size9,24,000 shares (aggregating up to ₹6.19 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 30 Jun 2022
Subscription CloseTue, 05 Jul 2022
Anchor AllotmentWed, 29 Jun 2022
Basis of AllotmentFri, 08 Jul 2022
Initiation of RefundsMon, 11 Jul 2022
Credit of Shares to DematTue, 12 Jul 2022
Listing DateWed, 13 Jul 2022
UPI Mandate Deadline2022-07-05
Application & Investment Details
Retail — Min (1 Lots)₹1,34,000 — 2000 shares
Retail — Max (13 Lots)₹1,742,000 (13 Lots)
HNI — Min (2 Lots)₹2,68,000 — 4,000 shares
P/E Ratio (Pre-IPO)14.44x
Net Offer to Public8,76,000 shares (aggregating up to ₹5.87 Cr)
Reserved for Market Maker48,000 shares (aggregating up to ₹0.3216 Cr)
Pre-IPO Promoter Holding23,11,562 shares
Post-IPO Promoter Holding32,35,562 shares
About Jayant Infratech Ltd.
Incorporated in 2003, Jayant Infratech primarily undertakes Railway Infrastructure Development work. It is a technology-driven company with excellence in Railway Electrification and Infrastructure projects. The company is engaged in designing, drawing, supplying, erection, and commissioning of 25KV, 50Hz Single Phase Traction Overhead Equipment.Large public and private sector companies such as Eastern Railway, South Eastern Railway, South East Central Railway, Northern Railway, East Coast Railway, and North Frontier Railway are the key clients served by the firms.Competitive StrengthsLong-term experience in railway electrification segment.Exemplary project execution track record.Highly satisfied customer base.Experienced promoters and managers.
Objects of the Issue
Jayant Infratech Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
To make payment of Security Deposit for renting office space.
2
Working capital requirements.
3
General corporate purposes.
Shareholding & Lock-in
Pre-IPO Promoter Holding
23,11,562 shares
Post-IPO Promoter Holding
32,35,562 shares