Listed Price₹30.00
Listing Gain+30.43%
Price Band₹23
Lot Size6,000 shares
Min Bid₹1,38,000
Subscription108.38x
Listed Market Snapshot
₹30.00Listed price from market data
+30.43%listing gain
Issue Amount
₹17.07 Cr
Listed Price
₹30.00
Current Price
₹6.05
Registrar
Cameo Corporate Services Limited
Timeline•Fixed Price Issue IPO
Open08 Sep 2023
Close12 Sep 2023
Allotment14 Sep 2023
Listing18 Sep 2023
Quota Reservation Portions
RetailPortion: 35,28,000 shares
47.53%Nii(hni)Portion: 35,22,000 shares
47.45%Market MakerPortion: 3,72,000 shares
5.01%Minimum Application Bracket Matrix
Retail1 lots / 6,000 shares
₹1,38,000HNI2 lots / 12,000 shares
₹2,76,000About the Company
Jiwanram Sheoduttrai Industries Limited, incorporated in 1997, manufactures and exports industrial safety gloves and garments. The company operates three manufacturing units in Baruipur, Nandankanan, and Falta SEZ, West Bengal, and has three main business verticals: industrial leather gloves (Canadian, Welder, Driver, Mechanical, Combi, Hi-Vis, etc.), industrial garments (fire-retardant, high-visibility, water-repellent, UV-protection, anti-bacterial, and customized apparel), and work/casual wear including hospital and hotel garments, shirts, trousers, jackets, and T-shirts. Its clientele spans the USA, Spain, Germany, and Belgium, with revenues of Rs. 4.06 Cr., Rs. 3.24 Cr., and Rs. 2.92 Cr. in fiscal 2023, 2022, and 2021 respectively.
Company Promoters
Mr. Alok PrakashMrs. Anupama PrakashMr. Gyan PrakashAlok Prakash HUF
Lead Managers
Registrar
Cameo Corporate Services Limited