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Incorporated in 2003, Jayant Infratech primarily undertakes Railway Infrastructure Development work. It is a technology-driven company with excellence in Railway Electrification and Infrastructure projects. The company is engaged in designing, drawing, supplying, erection, and commissioning of 25KV, 50Hz Single Phase Traction Overhead Equipment.
Large public and private sector companies such as Eastern Railway, South Eastern Railway, South East Central Railway, Northern Railway, East Coast Railway, and North Frontier Railway are the key clients served by the firms.
Competitive Strengths
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-19 | 2114.62 | 1848.17 | 69.86 | 1119.12 | 909.65 |
| 31-Mar-20 | 2266.83 | 3416.73 | 131.92 | 1251.04 | 1041.57 |
| 31-Mar-21 | 2884.16 | 3550.87 | 139.58 | 1439.62 | 1221.56 |
| 31-Dec-21 | 2991.5 | 2414.6 | 112.64 | 1640.55 | 1409.39 |
| Amount in ₹ Lakhs | |||||
The company aims to utilize the net proceeds for the following objectives;
| Jayant Infratech IPO Date | Jun 30, 2022 to Jul 5, 2022 |
| Jayant Infratech IPO Face Value | ₹10 per share |
| Jayant Infratech IPO Price | ₹67 per share |
| Jayant Infratech IPO Lot Size | 2000 Shares |
| Issue Size | 924,000 shares of ₹10 (aggregating up to ₹6.19 Cr) |
| Fresh Issue | 924,000 shares of ₹10 (aggregating up to ₹6.19 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
| Company Promoters | Mr. Nilesh Jobanputra is the promoter of the company. |
Jayant Infratech IPO opens on Jun 30, 2022, and closes on Jul 5, 2022. The Jayant Infratech IPO bid date is from Jun 30, 2022 10.00 A.M. to Jul 5, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.
| Event | Date |
|---|---|
| Jayant Infratech IPO Opening Date | Jun 30, 2022 |
| Jayant Infratech IPO Closing Date | Jul 5, 2022 |
| Basis of Allotment | Jul 8, 2022 |
| Initiation of Refunds | Jul 11, 2022 |
| Credit of Shares to Demat | Jul 12, 2022 |
| Jayant Infratech IPO Listing Date | Jul 13, 2022 |
The Jayant Infratech IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹134,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹134,000 |
| Maximum | 1 | 2000 | ₹134,000 |
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 71.44% |
The company is in the railway infra development business that has many small and big players all around. After marking a quantum jump in the top and bottom lines for FY20, it posted static performance. Based on its current earnings, the issue is fully priced. Small equity post IPO indicates longer gestation for migration to main board. There is no harm in skipping this fully priced IPO. Read detail review...
The Jayant Infratech IPO is subscribed 4.00 times on Jul 5, 2022 6:29:00 PM. The public issue subscribed 3.76 times in the retail category, times in the QIB category, and 4.23 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 4.23 |
| Retail | 3.76 |
| Total | 4.00 |
| Listing Date | Wednesday, July 13, 2022 |
| BSE Script Code | 543544 |
| NSE Symbol | |
| Listing In | MT Group of Securities |
| ISIN | INE0KR801019 |
| IPO Price | ₹67 per share |
| Face Value | ₹10 per share |
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Jayant Infratech Limited
Mangal Smriti Bajpai Ground,
Tilak Nagar, Bilaspur, 495001
Phone: +91- 7752315916
Email: info@jayantinfra.com
Website: http://www.jayantinfra.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Jayant Infratech IPO is a SME IPO of 924,000 equity shares of the face value of ₹10 aggregating up to ₹6.19 Crores. The issue is priced at ₹67 per share. The minimum order quantity is 2000 Shares.
The IPO opens on Jun 30, 2022, and closes on Jul 5, 2022.
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 Jayant Infratech IPO using UPI as a payment gateway. Zerodha customers can apply in Jayant Infratech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Jayant Infratech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Jayant Infratech IPO opens on Jun 30, 2022 and closes on Jul 5, 2022.
Jayant Infratech IPO lot size is 2000 Shares and the minimum order quantity is .
You can apply in Jayant Infratech 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Jayant Infratech IPO will be done on Jul 8, 2022, and the allotted shares will be credited to your demat account by Jul 12, 2022. Check the Jayant Infratech IPO allotment status.
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