IPO Issue Details
Issue Price / Price Band₹10 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size10,000 Shares per Lot
Total Issue Size20,00,000 shares (aggregating up to ₹2.00 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 16 Oct 2014
Subscription CloseMon, 27 Oct 2014
Anchor AllotmentWed, 15 Oct 2014
Basis of AllotmentSun, 02 Nov 2014
Initiation of RefundsMon, 03 Nov 2014
Credit of Shares to DematMon, 03 Nov 2014
Listing DateWed, 12 Nov 2014
UPI Mandate Deadline2014-10-27
Application & Investment Details
Retail — Min (1 Lots)₹1,00,000 — 10,000 shares
Retail — Max (13 Lots)₹1,300,000 (13 Lots)
HNI — Min (3 Lots)₹3,00,000 — 30,000 shares
Net Offer to Public19,00,000 shares (aggregating up to ₹1.90 Cr)
Reserved for Market Maker1,00,000 shares (aggregating up to ₹0.1000 Cr)
Pre-IPO Promoter Holding44,90,000 shares
Post-IPO Promoter Holding64,90,000 shares
About JLA Infraville Shoppers Ltd.
Incorporated in October 09, 2013, JLA Infraville Shoppers Limited is an E-Commerce company engaged in online trading and retailing of range of products including fabrics, clothing, furnishings, electronics and computers and its accessories, surgical instruments and Hearing Aid Accessories.Company's website www.infraville.com was launched in 2013 and in the first financial year of operations website had a turnover (on account of commission income earned from online retail trading) of Rs. 5.36 Lacs.Infraville.com is an electronic store dedicated to provide 360-degree shopping solutions to its customers. The website provides products to its customers at best price, with unmatched collection ranging from big brands to affordable imported items from vast range of product categories. The vendors approach to the company for the sale and supply of their products, through online web shopping platform provided by the company. The website also provides an online specialized store to some vendors in order to give them an experience of their own online retail outlet.
Objects of the Issue
JLA Infraville Shoppers Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
2
2 Security Deposits with various suppliers
0.66
3
3 Purchase of Fixed Assets
0.18
4
4 Working Capital Requirements
0.49
Shareholding & Lock-in
Pre-IPO Promoter Holding
44,90,000 shares
Post-IPO Promoter Holding
64,90,000 shares