Fixed Price IPO | ₹8 Cr | Listed at BSE SME | Mon, Jan 27, 2020 - Thu, Jan 30, 2020
Janus IPO is a fixed issue price of ₹8.00 crores. The issue is entirely a fresh issue of 0.16 crore shares of ₹8.00 crore.
Janus IPO bidding started from Jan 27, 2020 and ended on Jan 30, 2020. The allotment for Janus IPO was finalized on Feb 4, 2020. The shares got listed on the BSE SME on Feb 6, 2020.
Janus IPO is set final issue price at ₹50 per share. The lot size for an application is 3,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹1,50,000 (3000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (6,000 shares), amounting to ₹3,00,000.
First Overseas Capital Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is NNM Securities Pvt.Ltd.
Refer to Janus IPO RHP for detailed Information.
IPO Open
Mon, Jan 27, 2020
IPO Close
Thu, Jan 30, 2020
Issue Price
₹50 per share
Market Cap (Pre-IPO)
₹28.70 Cr
| IPO Date | 27 to 30 Jan, 2020 |
| Listed on | Thu, Feb 6, 2020 |
| Face Value | ₹10 per share |
| Issue Price | ₹50 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 15,99,000 shares (agg. up to ₹8 Cr) |
| Reserved for Market Maker | 81,000 shares NNM Securities Pvt.Ltd. (agg. up to ₹0.4050 Cr) |
| Fresh Issue (Ex Market Maker) | 15,18,000 shares (agg. up to ₹8 Cr) |
| Net Offered to Public | 15,18,000 shares (agg. up to ₹8 Cr) |
| Share Holding Pre Issue | 41,40,000 shares |
| Share Holding Post Issue | 57,39,000 shares |
| BSE Script Code | 542924 |
| ISIN | INE04OV01018 |
Janus IPO comprises a total issue size of 15,99,000 shares. The net offer to the public is 15,18,000 shares, after excluding 81,000 shares allotted on a firm basis. Of the Net offer 7,59,000 (50.00%) allocated to NII 7,59,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 7,59,000 | 50.00% | 47.47% |
| Retail Shares Offered | 7,59,000 | 50.00% | 47.47% |
| Firm Reservations | |||
| Market Maker Shares Offered | 81,000 | 5.07% | |
| Total Shares Offered | 15,99,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,50,000 |
| Retail (Max) | 1 | 3,000 | ₹1,50,000 |
| HNI (Min) | 2 | 6,000 | ₹3,00,000 |
Incorporated in 1998, Janus Corporation Limited is a Mumbai based company with a diversified business model. It is engaged in land and site development, Civil Construction, fencing walls, landfilling, and erection of hoardings businesses. The company also works as a trader for construction materials such as iron, soil, sand, steel, aluminium and cement.
Janus Corporation is involved in offering Construction Management Consultancy services including Construction Supervision & Management, Safety audits, Site Management, Safety Management, Safety documentation and safety processes. It is also an advertising & marketing support services provider offering outdoor media services.
Key Strengths
1. Financial resources
2. Diversified Business Model
3. Quality
| Period Ended | 31 Oct 2019 | 31 Mar 2019 | 31 Mar 2018 | 31 Mar 2017 |
|---|---|---|---|---|
| Assets | 9.60 | 9.58 | 8.59 | 6.87 |
| Total Income | 10.73 | 17.14 | 25.16 | 12.82 |
| Profit After Tax | 0.29 | 0.48 | 0.22 | 0.43 |
| EBITDA | 0.83 | 1.09 | 0.89 | 0.77 |
| NET Worth | 5.82 | 5.53 | 5.05 | 4.83 |
| Reserves and Surplus | 1.98 | 1.69 | 1.21 | 0.99 |
| Total Borrowing | 0.08 | 0.10 | 0.14 | 0.22 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Galactico Corporate Services Ltd. | SME | ₹3.70 Cr | ₹23 | null | ₹23.05 | +0.22% | ₹2.00 (+0.50%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmenting additional working capital requirements | 5.85 |
| 2 | General Corporate Purposes | 1.39 |
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 57 | |
| Promoter Holding | 90.23% | 65.09% |
| Market Cap | ₹28.70 Cr. |
The Janus IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| Total | 1.19 | 15,18,000 | 18,12,000 | 398 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including, underwriting and selling commissions, brokerages, Advisors to the Company, payment to other intermediaries such as Legal Advisors, Registrars etc. and other out of pocket expenses. | 0.50 |
| 2 | Advertising and marketing expenses | 0.04 |
| 3 | Printing and stationery expenses, distribution and postage | 0.04 |
| 4 | ROC, Regulatory and other expenses including Listing Fee | 0.17 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹50.00 |
| Open | ₹50.70 |
| Low | ₹48.20 |
| High | ₹50.70 |
| Last Trade | ₹48.50 |
Lead Manager Reports
Janus IPO is a SME IPO of 15,99,000 equity shares of the face value of ₹10 aggregating up to ₹8 Crores. The issue is priced at ₹50 per share. The minimum order quantity is 3000.
The IPO opens on Mon, Jan 27, 2020, and closes on Thu, Jan 30, 2020.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Janus IPO using UPI as a payment gateway. Zerodha customers can apply in Janus IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Janus IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Janus IPO opens on Mon, Jan 27, 2020 and closes on Thu, Jan 30, 2020.
Janus IPO lot size is 3000, and the minimum amount required for application is ₹1,50,000.
You can apply in Janus IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Janus IPO will be done on Tuesday, February 4, 2020, and the allotted shares will be credited to your demat account by Thu, Feb 6, 2020. Check the Janus IPO allotment status.
The Janus IPO listing date is on Thu, Feb 6, 2020.
