A and M Jumbo Bags Limited IPO (A and M Jumbo Bags IPO) Detail

Jan 29, 2018 - Feb 2, 2018

Incorporated in 2011, A and M Jumbo Bags Limited is Ahmadabad-based company engaged in manufacturing and supply of Polyethylene Jumbo Bags and Flexible Intermediate Bulk Container (FIBC) used in industrial and commercial packaging units. These bags are used in packing of various materials such as chemicals, fertilizers, pharmaceuticals, polymers, cement, minerals, food grains, human consumption items, etc. FIBC's are widely used for bulk transportation of industrial raw material, semi finished and finished product.

These bags are giant size bags in drum or box shape and are internationally used as bulk bags or big sized bags or Flexible Intermediate Bulk Containers. These bags are made out of PP UV stabilized nylon or polypropylene or HDPE fabric with four corner loops for easy handling. Top and bottom spouts are provided for easy filling and discharge of material. There is also a provision for controlled discharge of the material at required rates.

The manufacturing unit of the Company is located at Jabalpur, Ahmadabad. Company has installed facility to manufacture 2,00,000 Pieces. In year 2017-18 company produced around 1,25,744 bags.

Company Promoters:

Mr Pratish Shah and Gita Patel are the promoters of the company. Mr Pratish Shah, aged 52 years, is the Chairman and Managing Director of the company.

Objects of the Issue:

Company intend to utilize the net proceeds from Issue towards the following objects:

1. Working Capital requirements
2. General Corporate Purpose

A and M Jumbo Bags IPO Details

Issue Open	Jan 29, 2018 - Feb 2, 2018
Issue Type	Fixed Price Issue IPO
Issue Size	616,000 Eq Shares of Rs 10 (aggregating up to Rs 4.00 Cr)
Face Value	Rs 10 Per Equity Share
Issue Price	Rs 65 Per Equity Share
Market Lot	2000 Shares
Min Order Quantity	2000 Shares
Listing At	NSE SME

A and M Jumbo Bags IPO Tentative Date / Timetable

Bid/Offer Opens On	Jan 29, 2018
Bid/Offer Closes On	Feb 2, 2018
Finalisation of Basis of Allotment	Feb 7, 2018
Initiation of Refunds	Feb 8, 2018
Credit of Shares to Demat Acct:	Feb 9, 2018
IPO Shares Listing Date:	Feb 12, 2018

A and M Jumbo Bags IPO Subscription Status (Bidding Detail)

A and M Jumbo Bags IPO how much subscribed?
	No. of Times Issue Subscribed (BSE + NSE)
As on Date & Time	NII	RII	Total
Shares Offered	292,000	292,000	584,000
Feb 2, 2018 17:00	3.97x	10.88x	7.44x

A and M Jumbo Bags IPO Prospectus

› Red Herring Prospectus

A and M Jumbo Bags IPO Rating

3.8

Rating:

Vote Here ...

A and M Jumbo Bags IPO Listing Date

Listing Date	Monday, February 12, 2018
BSE Script Code
NSE Symbol	AMJUMBO
Listing In
ISIN	INE749Y01014
Issue Price	Rs 65 Per Equity Share
Face Value	Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume

	NSE SME
Issue Price:	Rs 65.00
Open:	Rs 70.50
Low:	Rs 66.50
High:	Rs 73.80
Last Trade:	Rs 66.55
Volume:	474,000

A and M Jumbo Bags IPO Reviews / Ratings

Dilip Davda - Avoid

Company Contact Information

A and M Jumbo Bags Limited
Block No.-100, Bhagwati Rice Mill,
Opp. Hp Petrol Pump, Jetalpur,
Daskroi Ahmedabad 382426

Phone: +91 9173398575;
Email: investor@aandmjumbobags.com
Website: http://www.aandmjumbobags.com/

A and M Jumbo Bags IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

A and M Jumbo Bags IPO Lead Manager(s)

Pantomath Capital Advisors Pvt Ltd

Lead Manager Reports

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Find A and M Jumbo Bags IPO Latest Update

Useful Articles

A and M Jumbo Bags IPO Review / Comments

11. Accounting financial reporting Feb 8, 2018 06:53

5 |

Continues 4 days upper circuit possible due to potential company in manufacturing sector and over subscription.

Best of luck for allotment.....

11.1. SecTheta Feb 8, 2018 17:30

ha ha... Good luck!!

11.2. DownriteVJ Feb 15, 2018 14:29

IPO Guru (1100+ Posts, 1000+ Likes)

Hovering near 67

10. Accounting financial reporting Feb 7, 2018 12:52

8 |

Lucky draw today for listing gain huge... to be ready

9. fatehabad Feb 2, 2018 12:22

1 |

ASBA pnb not working properly

8. SecTheta Jan 31, 2018 17:00

2 |

Just confirmed with my broker: There is NO GREY MARKET PREMIUM for either KOSTAK or Sub2 in A&M!

Load more comments (3 replies)

8.4. SecTheta Feb 1, 2018 21:39

He is a person, not a company... Can''t share personal contact numbers here in public.. appreciate your understanding

8.5. Reet Feb 1, 2018 22:24

Thanks septa ji .. in case your broker is ok to share the details since I don''t mind opening family trading accounts with him.. let me know .. I ll post my email I''d and you can mail me contact details and so it won''t be publish in public . Thanks 🙏

7. DownriteVJ Jan 31, 2018 14:11

IPO Guru (1100+ Posts, 1000+ Likes)

Sub to 17000

Is this correct?

7.1. SecTheta Jan 31, 2018 21:27

6. Zaid Kazi Jan 31, 2018 11:39

A and m jumbo bags ka premium kitna he please reply

6.1. DownriteVJ Jan 31, 2018 14:15

IPO Guru (1100+ Posts, 1000+ Likes)

17000

5. S Patel Jan 31, 2018 07:32

Find Latest updated subscription
https://www.nseindia.com/emerge/live_market/content/live_watch/ipo/sme_ipo.htm

4. VINAYERH Jan 29, 2018 16:24

4 |

Clear avoid.........

3. JAYESH M Jan 28, 2018 14:57

good work by gamble sir and r r patel sir
thanks

2. SecTheta Jan 26, 2018 22:44

2 |

Non-sense valuations. CLEAR AVOID.

1. drimran Jan 24, 2018 23:11

avoid

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