Listed Price₹42.00
Listing Gain+16.67%

Price Band₹36
Lot Size3,000 shares
Min Bid₹1,08,000
Subscription15.04x
Listed Market Snapshot
₹42.00Listed price from market data
+16.67%listing gain
Issue Amount
₹20.65 Cr
Listed Price
₹42.00
Current Price
₹8.15
Registrar
Skyline Financial Services Private Limited
Timeline•Fixed Price IPO
Open09 Sep 2024
Close11 Sep 2024
Allotment12 Sep 2024
Listing16 Sep 2024
Quota Reservation Portions
RetailPortion: 27,24,000 shares
47.5%OtherPortion: 27,24,000 shares
47.5%Market MakerPortion: 2,88,000 shares
5%Minimum Application Bracket Matrix
Retail1 lots / 3,000 shares
₹1,08,000HNI2 lots / 6,000 shares
₹2,16,000About the Company
Gajanand International Limited, founded in 2009 (formerly Gajanand Cottex Private Limited), is known for producing contamination-free and sustainable cotton. The company offers a variety of cotton products, including Mech1 Cotton, grown in Madhya Pradesh and Maharashtra, Shankar6 Cotton, India's most exported raw cotton, and DCH 32 Cotton, cultivated in Karnataka, Tamil Nadu, and Madhya Pradesh. They also produce Khol, made from high-quality cotton seeds. As of March 31, 2024, the company has 22 employees.
Company Promoters
Mr. Ashok Bhagvanbhai MonsaraMrs. Truptiben Ashokbhai MonsaraMr. Ashish Dhirajlal Monsara
Lead Managers
Registrar
Skyline Financial Services Private Limited
