IPO Issue Details
Issue Price / Price Band₹125 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size3,60,000 shares (aggregating up to ₹4.50 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 30 Oct 2014
Subscription CloseTue, 11 Nov 2014
Anchor AllotmentWed, 29 Oct 2014
Basis of AllotmentMon, 17 Nov 2014
Initiation of RefundsTue, 18 Nov 2014
Credit of Shares to DematTue, 18 Nov 2014
Listing DateTue, 25 Nov 2014
UPI Mandate Deadline2014-11-11
Application & Investment Details
Retail — Min (1 Lots)₹1,25,000 — 1,000 shares
Retail — Max (13 Lots)₹1,625,000 (13 Lots)
HNI — Min (2 Lots)₹2,50,000 — 2,000 shares
Net Offer to Public3,42,000 shares (aggregating up to ₹4.28 Cr)
Reserved for Market Maker18,000 shares (aggregating up to ₹0.2250 Cr)
Pre-IPO Promoter Holding6,88,000 shares
Post-IPO Promoter Holding10,48,000 shares
About Jet Infraventure Ltd.
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.
Objects of the Issue
Jet Infraventure Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Working Capital Requirement
2.60
2
2 Repay certain unsecured loans availed by the company
0.88
3
3 General CorporatePurposes
0.62
Shareholding & Lock-in
Pre-IPO Promoter Holding
6,88,000 shares
Post-IPO Promoter Holding
10,48,000 shares