Back

Jinaam's Dress Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed BSE SME SME Live Chart
Issue Price
₹59
Per Share
GMP
NIL
Grey Market
Est. Listing
₹59
Expected Price
Min. Application
₹236,000
2 lots × 2000 shares
IPO Issue Details
Issue Price / Price Band₹59 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size72,00,000 shares (aggregating up to ₹42.48 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 09 Apr 2019
Subscription CloseMon, 15 Apr 2019
Anchor AllotmentMon, 08 Apr 2019
Basis of AllotmentMon, 22 Apr 2019
Initiation of RefundsTue, 23 Apr 2019
Credit of Shares to DematWed, 24 Apr 2019
Listing DateThu, 25 Apr 2019
UPI Mandate Deadline2019-04-15
Application & Investment Details
Retail — Min (1 Lots)₹1,18,000 — 2,000 shares
Retail — Max (13 Lots)₹1,534,000 (13 Lots)
HNI — Min (2 Lots)₹2,36,000 — 4,000 shares
Net Offer to Public68,40,000 shares (aggregating up to ₹40.36 Cr)
Reserved for Market Maker3,60,000 shares (aggregating up to ₹2.12 Cr)
Pre-IPO Promoter Holding1,50,82,000 shares
Post-IPO Promoter Holding2,22,82,000 shares
About Jinaam's Dress Ltd.

Incorporated in 2011, Gujarat based Jinaam's Dress Limited is a manufacturer, distributor and supplier of Indian fusion and ethnic apparels for women. Company's product includes women's clothing such as kurti, dupatta, sarees, lehenga-choli, and scarfs made of satin, georgette, crepe, chiffon, velvet, polyester, cotton, silk, and wool. They also provide dying, printing, embroidery, cutting, stitching, sewing, finishing, inspection, and packing services.They have a presence across 19 states and 4 union territories in the country. They operate a retail store for women's apparel located at The Gateway Hotel, Surat, Gujarat. They also tied-up with Mandola e-Trade Pvt Ltd to use its e-commerce platform for online marketing and selling women apparels. They have a manufacturing unit producing 5,00,000 meters/month capacity for apparel material. Based on current market trends they have introduced around 134 product catalogues each of which comprises an average of around 8-10 designs during FY 2017-18.The company has a brand portfolio which includes FORMM, TIARAA, ZAREEN, ASMIRA, ROMA, BAHNI, HEROINE, FLORAL CREATION and JINAAM. The company also exports fabrics to different countries namely Nepal, UK, Afghanistan, Mauritius, and Dubai through international dealers and merchants.The competitive strengths of the company are:1. Innovative product designs2. Diversified Product Portfolio3. In-house Manufacturing facility

Objects of the Issue

Jinaam's Dress Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 Purchase of machinery
7.00
2
2 Augmenting the long term working capital requirements of the Company
18.00
3
3 Repayment/ Pre-payment of certain Debt facilities availed by the Company
5.00
4
4 General Corporate Purposes
8.72
5
5 Issue related expenses
3.76
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,50,82,000 shares
Post-IPO Promoter Holding 2,22,82,000 shares
Check AllotmentCheck Status →
Jinaam's Dress Ltd. — Live Price LIVE
₹59.00
INR · BSE
Fetching live data…
VS Issue Price
OPEN
HIGH
LOW
MKT CAP
P/E
52W HIGH
52W LOW
VOLUME
DIVIDEND
DIV YIELD
Loading chart…
Chart Not Available
Jinaam's Dress Ltd. is not yet listed on Yahoo Finance or has a different ticker symbol.
Try again after listing stabilises (2-3 trading days).
Issue ₹59.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹59
GMPNIL
Est. Listing₹59
Lot Size2,000 shares
Min Amount₹236,000
Listing Date25 Apr 2019
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹59
Listing Date25 Apr 2019
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 360,000 ₹2.12 Cr
TOTAL 7,200,000 100.00% ₹42.48 Cr
* Based on ₹59.00 (upper price band)
Lot Size & Investment Details
Lot Size
2,000
Shares
Issue Price
₹59.00
Per Share
Min Investment
₹118,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 2,000 ₹118,000
Retail (Max) 13 26,000 ₹1,534,000
sNII (Min) 14 28,000 ₹1,652,000
bNII (Min) 68 136,000 ₹8,024,000
Company Financials — Restated Consolidated (Amount in Lakhs)
Particulars30-Nov-1831-Mar-1831-Mar-17
Revenue from Operations 9510.54 15289.06 13438.32
EBITDA N/A N/A N/A
Profit After Tax (PAT) 416.99 782.11 287.54
Net Worth N/A N/A N/A
Total Assets 14979.73 14079.68 10353.41
Reserves & Surplus N/A N/A N/A
Total Borrowings N/A N/A N/A
Key Ratios & Valuation
Issue Price ₹59
Face Value ₹10 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW N/A
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Jinaam's Dress Ltd.
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Fixed Price IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Plot No. 524 Road No. 5, GIDC Sachin Surat, Gujarat, 394230
Book Running Lead Managers
SMC Capitals Ltd.
Book Running Lead Manager (BRLM)