FREE Account Opening + No Clearing Fees

Jakharia Fabric Limited IPO (Jakharia Fabric IPO) Detail

June 29, 2018 - July 3, 2018

Jakharia Fabric IPO is a fixed price issue of Rs 19.66 crores.

Jakharia Fabric IPO bidding started from June 29, 2018 and ended on July 3, 2018. The allotment for Jakharia Fabric IPO was finalized on Friday, July 6, 2018. The shares got listed on NSE SME on July 11, 2018.

Jakharia Fabric IPO price is ₹180 per share. The minimum lot size for an application is 800 Shares. The minimum amount of investment required by retail investors is ₹144,000.

Aryaman Financial Services Limited is the book running lead manager of the Jakharia Fabric IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Jakharia Fabric IPO RHP for detailed information.

Jakharia Fabric IPO Details

IPO Date June 29, 2018 to July 3, 2018
Listing Date July 11, 2018
Face Value ₹10 per share
Price ₹180 per share
Lot Size 800 Shares
Total Issue Size1,092,000 shares
(aggregating up to ₹19.66 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Market Maker portion60,000 shares

Jakharia Fabric IPO Reservation

Jakharia Fabric IPO offers 1,152,000 shares. 516,000 (44.79%) to NII, 516,000 (44.79%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered60,000 (5.21%)
Other Shares Offered516,000 (44.79%)
Retail Shares Offered516,000 (44.79%)
Other Shares Offered60,000 (5.21%)
Total Shares Offered1,152,000 (100%)

Jakharia Fabric IPO Timeline (Tentative Schedule)

Jakharia Fabric IPO opens on June 29, 2018, and closes on July 3, 2018.

IPO Open Date Friday, June 29, 2018
IPO Close Date Tuesday, July 3, 2018
Basis of Allotment Friday, July 6, 2018
Initiation of Refunds Monday, July 9, 2018
Credit of Shares to Demat Tuesday, July 10, 2018
Listing Date Wednesday, July 11, 2018
Cut-off time for UPI mandate confirmation 5 PM on July 3, 2018

Jakharia Fabric IPO Lot Size

Investors can bid for a minimum of 800 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 800 ₹144,000
Retail (Max) 1 800 ₹144,000
Lot Size Calculator

About Jakharia Fabric Limited

Incorporated in 2007, Maharashtra based Jakharia Fabric Limited is a company engaged in the business of dyeing and processing of fabrics on job work basis for other textile
companies as well as for own manufacturing product lines. The Company procures Grey Fabric from the market and further dyes and finishes the same as per the client's requirements on the basis of the quality of the fabric, sizing requirements etc. It also outsources certain processes like the weaving of the fabric and printing as per the demand of the customers based on the quality required. The Company manufactures and processes the fabric especially suitable for Shirtings.

Jakharia Fabric is in process of setting up an additional processing facility at Plot No. J1/1, MIDC Tarapur Industrial Area, Boisar, Palghar - 401 506. This facility is being set up through M/s Jakharia Industries, which is a Partnership Firm, wherein the Company is a partner. The Partnership firm intends to carry on the business of preparing spinning doubling texturing weaving, winding, knitting, scouring, sizing, bleaching, coloring, dying, printing and finishing and processing working or manufacturing in any way whatsoever of cotton, linen, wool synthetics and various other textile products.

The Company has set-up two (2) processing units located at MIDC Area of Saravali, Bhiwandi in Maharashtra and MIDC Area of Tarapur, Bhiwandi in Maharashtra. The plant has the facilities for dyeing and processing wide range of fabrics.

As of March 31, 2018, the company has 319 employees on its payroll.

Company Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 5,843.80 5,954.17 5,044.23 4,468.05 3,884.99
Total Revenue 7,702.84 7,723.49 8,917.25 7,582.72 4,787.43
Profit After Tax 338.82 446.17 432.86 356.66 80.94

Objects of the Issue (Jakharia Fabric IPO Objectives)

The objectives of the Issue are:

1. Part finance the setting up of processing unit through M/s. Jakharia Industries at Tarapur, MIDC.
2. Funding Expenditure for General Corporate Purposes

Jakharia Fabric IPO Review (Avoid)

[Dilip Davda]  

A fully priced issue from a company having static top line with inconsistent bottom line. Merchant banker has poor track record. There is no harm in giving this issue a miss.

Read detail review...

Jakharia Fabric IPO Subscription Status (Bidding Detail)

The Jakharia Fabric IPO is subscribed 1.21 times on July 3, 2018 5:00:00 PM. The public issue subscribed 0.60 times in the retail category, times in the QIB category, and 1.82 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Jakharia Fabric IPO Prospectus

Jakharia Fabric IPO Rating

Rating:Rated 3.1 stars
Vote Here ...

Jakharia Fabric IPO Listing Details

Listing Date July 11, 2018
BSE Script Code
ISIN INE00N401018
Final Issue Price ₹180 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Jakharia Fabric Limited Contact Details

Jakharia Fabric Limited
Office No. 1224, Deoji Nagar
Narpoli Village, Bhiwandi,
Thane- 421 302
Phone: +91-25- 2227 8892

Jakharia Fabric IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Jakharia Fabric IPO - Buy or Not

Jakharia Fabric IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

SME IPO Enquiry

SME Company Owners
We could help you get listed on the stock market.

Contact us Today

Check our SME IPO Guide New

Jakharia Fabric IPO FAQs

Jakharia Fabric IPO is a SME IPO of 1,092,000 equity shares of the face value of ₹10 aggregating up to ₹19.66 Crores. The issue is priced at ₹180 per share. The minimum order quantity is 800 Shares.

The IPO opens on June 29, 2018, and closes on July 3, 2018.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Jakharia Fabric IPO opens on June 29, 2018 and closes on July 3, 2018.

Jakharia Fabric IPO lot size is 800 Shares, and the minimum amount required is ₹144,000.

You can apply in Jakharia Fabric IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Jakharia Fabric IPO will be done on Friday, July 6, 2018, and the allotted shares will be credited to your demat account by Tuesday, July 10, 2018. Check the Jakharia Fabric IPO allotment status.

The Jakharia Fabric IPO listing date is on July 11, 2018.
Open an Instant Account with Zerodha

Jakharia Fabric IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



10. DownriteVJ |   Link |  Bookmark |July 3, 2018 12:32:17 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Retail      0.28X
Overall      0.99X
9. NEMI CHAND AJMERA |   Link |  Bookmark |July 3, 2018 8:12:54 AM
Jakharia is a complete avoid Ipo. It's asking price is @29 pe which is very much expensive. Someone relate this with SKS TEXTILES. SKS had come 13.50 cr ipo in Jan 18@150. Presently available at rs 38 nearly 1/4 th price of ipo. SKS yearly sales are 163 cr and net profit is 1.96cr which Eps is 6.01 and available at 6.50 pe. Company is bombay based textile sector brand products are LYCRA, PIERRICARRLO, COTBBELLY etc. It's also tie up with brand name Raymond, Arvind, Siyaram and Digjam for finishing their products. So in my opinion it is better to go with SKS rather than Jakharia. At that time SKS was subscribed by nearly 15 times and brokerage house Imperative Investment house recommended it to subscribe.
8. IPOANALYSIS |   Link |  Bookmark |July 2, 2018 7:07:06 PM
sam story of WAA solar to be repeated.

HNI paid huge cash to subscribe this issue at higher price. they would sell this n listing day
whatever shares will be left which is 50% to retailers and these will get stuck up and never be able to sell them
7. AKMP |   Link |  Bookmark |July 2, 2018 3:19:49 PM
Bigger than mount Everest avoid
6. khushbir singh |   Link |  Bookmark |July 2, 2018 12:15:08 PM
Not even think in dreams to apply in this issue, clearly AVOID.
5. IPOANALYSIS |   Link |  Bookmark |June 29, 2018 7:13:27 PM
U never know. What if they have asked broker to apply and paid then in cash fee amount and later they can sell in open market if they want even with loss. I suspect this might be a strategy in no. Of IPO coming through to sail them through. I would say simply stay away .this is to get many retailer to apply as they can cause loss to retailers.
4. DownriteVJ |   Link |  Bookmark |June 27, 2018 12:49:33 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
WTH.. 180 .. Is this LM crazy?
4.2. DownriteVJ |   Link |  Bookmark |June 29, 2018 5:03:28 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
this is getting attention however and rajesh wellness also sailed through.

Retail 0.28X
Overall 0.68X
4.3. DownriteVJ |   Link |  Bookmark |June 29, 2018 5:04:51 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
read as "Rajnish"
3. Small Investor |   Link |  Bookmark |June 27, 2018 4:54:25 PM
IPO Guru IPO Guru (2000+ Posts, 1000+ Likes)
i avoid this stock
2. AyushGoel |   Link |  Bookmark |June 25, 2018 7:45:36 PM
Textile stocks in general r giving losses to investors
Above that such high valuations
1. INVESTIGATOR |   Link |  Bookmark |June 22, 2018 6:21:31 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Very Expensive
Aryaman's another SKS Textiles
1.1. IPOANALYSIS |   Link |  Bookmark |June 22, 2018 9:12:52 PM
One of the worst pricing ever seen in recent times.look at guts of LM to come at these prices. It I all thanks to retailers for subscribing these issue.