IPO Issue Details
Issue Price / Price Band₹19 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size24,12,000 shares (aggregating up to ₹4.58 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 29 Jun 2015
Subscription CloseThu, 02 Jul 2015
Anchor AllotmentSun, 28 Jun 2015
Basis of AllotmentWed, 08 Jul 2015
Initiation of RefundsThu, 09 Jul 2015
Credit of Shares to DematThu, 09 Jul 2015
Listing DateThu, 16 Jul 2015
UPI Mandate Deadline2015-07-02
Application & Investment Details
Retail — Min (1 Lots)₹1,14,000 — 6,000 shares
Retail — Max (13 Lots)₹1,482,000 (13 Lots)
HNI — Min (2 Lots)₹2,28,000 — 12,000 shares
Net Offer to Public22,86,000 shares (aggregating up to ₹4.34 Cr)
Reserved for Market Maker1,26,000 shares (aggregating up to ₹0.2394 Cr)
Pre-IPO Promoter Holding65,18,314 shares
Post-IPO Promoter Holding89,30,314 shares
About Jiya Eco-Products Ltd.
Incorporated in 2011, Jiya Eco Products Ltd is an ISO 9001:2008 certified company engaged in the manufacturing of bio-fuels viz. bio-briquettes and bio-pellets which is an alternative source of energy and has the ability to replace/are fairly good substitutes of traditional fossil fuels like coal, firewood, lignite, etc.At present, the company has authorised collection centres spread over surrounding villages to source agricultural waste which serves as the major raw material in production of bio-fuels. The company received various incentives from Government including tax holiday, interest rate subvention and VAT exemption. Currently JEPL is one of the key players across the state of Gujarat in bio-fuel sector and has plans to expand its presence on PAN India basis.
Objects of the Issue
Jiya Eco-Products Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Procurement of new machinery
2.65
2
2 Working capital requirement
1.53
Shareholding & Lock-in
Pre-IPO Promoter Holding
65,18,314 shares
Post-IPO Promoter Holding
89,30,314 shares