IPO Issue Details
Issue Price / Price Band₹55 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size29,10,000 shares (aggregating up to ₹16.01 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 29 Dec 2017
Subscription CloseThu, 04 Jan 2018
Anchor AllotmentThu, 28 Dec 2017
Basis of AllotmentWed, 10 Jan 2018
Initiation of RefundsThu, 11 Jan 2018
Credit of Shares to DematThu, 11 Jan 2018
Listing DateFri, 12 Jan 2018
UPI Mandate Deadline2018-01-04
Application & Investment Details
Retail — Min (1 Lots)₹1,10,000 — 2,000 shares
Retail — Max (13 Lots)₹1,430,000 (13 Lots)
HNI — Min (2 Lots)₹2,20,000 — 4,000 shares
Net Offer to Public27,60,000 shares (aggregating up to ₹15.18 Cr)
Reserved for Market Maker1,50,000 shares (aggregating up to ₹0.8250 Cr)
Pre-IPO Promoter Holding73,50,358 shares
Post-IPO Promoter Holding1,02,60,358 shares
About Jhandewalas Foods Ltd.
Incorporated in 2006, Jhandewala Foods Ltd is Jaipur Rajasthan based manufacturer of food products including Ghee and Mangodi. Company is also engaged in the marketing of Poha, Saffron and Dalia. These products are marketed under its own brand name "Naman's" and "Godhenu".Jhandewala Foods is certified by Food Safety and Standards Authority of India (FSSAI) for the quality management systems. Company's manufacturing unit is located at Jaipur, Rajasthan. Company has employed 84 employees.Jhandewala Foods brands and range of products:1. Naman's - Naman's Desi Ghee, Naman's gold ghee, Mangodi (a traditional dish made of green grams & black eyed peas), Poha (flattened rice), Naman's Kesar and Naman Daliya.2. Godhenu - Godhenu Cow Ghee.
Objects of the Issue
Jhandewalas Foods Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding of working capital requirements of the Company
15.34
Shareholding & Lock-in
Pre-IPO Promoter Holding
73,50,358 shares
Post-IPO Promoter Holding
1,02,60,358 shares