IPO Trending
GAJANANDSME / NSEListed
Gajanand International

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.

DRHP
₹36 - ₹3615.04x sub
Listed Price₹42.00
Listing Gain+16.67%

IPO Schedule & Timeline

Fixed Price IPO
Open09 Sep 2024
Close11 Sep 2024
Allotment12 Sep 2024
Listing16 Sep 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail27,24,000 shares
47.5%
Other27,24,000 shares
47.5%
Market Maker2,88,000 shares
5%

Minimum Application Lots

Retail1 Lot (3,000 shares)
₹1,08,000
HNI2 Lots (6,000 shares)
₹2,16,000

Company Promoters

Mr. Ashok Bhagvanbhai MonsaraMrs. Truptiben Ashokbhai MonsaraMr. Ashish Dhirajlal Monsara

Company Background

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 Karn...

Lead Managers & Bankers

Fast Track Finsec Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-24)₹10874.81 Cr
Growth+76.1%
Revenue Trend (₹ in Crores)
0.04.2k8.3k12.5kMar-22Mar-23Mar-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-2410,874.81223.733,931.101,207.07
Mar-237,342.40141.061,900.581,179.48
Mar-226,176.212.851,944.361,465.28

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-242.1719.30%29.72%21.0830.31
Mar-231.1129.57%31.30%00
Mar-220.020.70%13.64%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Skyline Financial Services Private Limited

Allotment Finalized
Allotment Date
12 Sep 2024
Official Status
Out / Finalized
Registrar
Skyline Financial Services Private Limited
Listing Date
16 Sep 2024

Official Allotment Verification Links

Official Registrar Portal
Skyline Financial Services Private Limited

Direct allotment verification on the official registrar portal appointed for Gajanand International. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

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Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization12 Sep 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date16 Sep 2024Trading commences on exchange

How to Check Gajanand International Allotment Online

1Open Portal

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Gajanand International IPO

Complete issue overview for Gajanand International (GAJANAND) IPO. The issue features an equity share price band of ₹36 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,08,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions