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Jet Knitwears Limited IPO (Jet Knitwears IPO) Detail

September 27, 2016 - September 29, 2016

Jet Knitwears IPO is a fixed price issue of Rs 4.22 crores.

Jet Knitwears IPO bidding started from September 27, 2016 and ended on September 29, 2016. The shares got listed on NSE SME on October 7, 2016.

Jet Knitwears IPO price is ₹39 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹117,000.

Sarthi Capital Advisors Private Limited is the book running lead manager of the Jet Knitwears IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Jet Knitwears IPO RHP for detailed information.

Jet Knitwears IPO Details

IPO Date September 27, 2016 to September 29, 2016
Listing Date October 7, 2016
Face Value ₹10 per share
Price ₹39 per share
Lot Size 3000 Shares
Total Issue Size1,083,000 shares
(aggregating up to ₹4.22 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME

Jet Knitwears IPO Lot Size

Investors can bid for a minimum of 3000 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 3000 ₹117,000
Retail (Max) 1 3000 ₹117,000
Lot Size Calculator

About Jet Knitwears Limited

Incorporated in 1996, Jet Knitwears Ltd (JKL) is engaged in the business of manufactures and exports cotton hosiery products for men, women and children. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.Their product range includes vests, underwear, loungewear and outerwear, quilted thermals and socks for men; panties and socks for women; and vests, T-shirts, and outerwear for kids. Company markets its products under brand names like "Lycot Australia", "Jet", "Jet Eco", "Fresh-long", "Boski" and "Take Off".

Jet Knitwears sells their products through its stores and retailers, as well as online in India, the Middle East, and internationally. Visit chittorgarh.com for more detail.It serves over 5000 retailers through its own marketing and logistics service in Northern India. Since 1993-94 till 2012-13 it received 16 various National awards/certificates/recognitions.

Objects of the Issue (Jet Knitwears IPO Objectives)

The object of the issue are to:

1. Working Capital Requirements;
2. General Corporate Purposes.

Jet Knitwears IPO Review (Avoid)

[Dilip Davda]  Being fully priced IPO, Investors may give it a miss. Read detail review...

Jet Knitwears IPO Prospectus

Jet Knitwears IPO Rating

9
2.4
Rating:Rated 2.4 stars
Vote Here ...

Jet Knitwears IPO Listing Details

Listing Date October 7, 2016
BSE Script Code
NSE Symbol JETKNIT
ISIN INE564T01017
Final Issue Price ₹39 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹39.00
₹46.80
₹46.80
₹46.80
₹46.80

Check IPO Performance…

Jet Knitwears Limited Contact Details

Jet Knitwears Limited
119/410 B 1,
Darshanpurwa,
Kanpur - 208012
Phone: 91-0512-2217553
Email: info@jetknit.com
Website: http://www.jetknit.com

Jet Knitwears IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Jet Knitwears IPO - Buy or Not

Jet Knitwears IPO Recommendation Summary

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Jet Knitwears IPO FAQs

Jet Knitwears IPO is a SME IPO of 1,083,000 equity shares of the face value of ₹10 aggregating up to ₹4.22 Crores. The issue is priced at ₹39 per share. The minimum order quantity is 3000 Shares.

The IPO opens on September 27, 2016, and closes on September 29, 2016.

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

The Jet Knitwears IPO opens on September 27, 2016 and closes on September 29, 2016.

Jet Knitwears IPO lot size is 3000 Shares, and the minimum amount required is ₹117,000.

You can apply in Jet Knitwears 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 Jet Knitwears IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Jet Knitwears IPO allotment status.

The Jet Knitwears IPO listing date is on October 7, 2016.
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Jet Knitwears IPO Message Board

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18 Comments

11. Mahendra Khicha |   Link |  Bookmark |October 6, 2016 9:08:44 PM
Tomorrow D day for jet knitwears,
What price it will list. Any Guess ?
10. Vaibhav |   Link |  Bookmark |October 6, 2016 4:02:57 PM
Mutual Funds have begun investing in quality small and medium enterprise (SME) IPO, with a public issue of over Rs 21 crore by Valiant Organics getting investment from leading fund house Reliance MF.

Valiant Organics came out with an initial public offering (IPO) of 9,64,800 equity shares of face value of Rs 10 each for cash at a fixed price of Rs 220 per equity share. The issue opened on September 29 and closed yesterday.

The company will be listed on the SME platform of the BSE (formerly known as Bombay Stock Exchange).

"We always look for investment in quality companies and Valiant Organics is one of them. We have applied for shares worth Rs 8 crore in Valiant Organics'' IPO," Sunil Singhania, CIO for equity investment at Reliance Mutual Fund said.

Valiant Organics is a chemical company with focus on manufacturing and marketing of different types of chlorophenol which has several applications in agro-chemical, pharmaceutical, dyes industries as well as manufacturing of cosmetics and veterinary drugs.

According to Mahavir Lunawat, MD of Pantomath Capital Advisors, a leading merchant banker in the SME IPO space, said SME stocks emerge as a good diversification tool. There are various SME stocks in which brokerages have started showing interest.

"In fact, banks, and mutual funds have started looking positively at SME stocks though participation is still below the desired level. Banks and mutual funds participated in the scrips of Ashapura Intimates Fashion and Moami Apparels at primary and secondary level," he added.

Besides, Edelweiss has participated in the recently concluded IPOs of Comsyn, Sakar Healthcare and Nandini Creation.
10.1. Atul Kumar |   Link |  Bookmark |October 6, 2016 8:40:09 PM
Do not influence people by uour big write up
9. STOCKT |   Link |  Bookmark |October 4, 2016 9:09:38 PM
sarthi capital both previous issues husys and crown performed badly.

they had same subscription

lets see how this one performs

8. Mahendra Khicha |   Link |  Bookmark |October 4, 2016 5:07:57 PM
Allotted 2/5 in jet knitwears.
8.1. Vaibhav |   Link |  Bookmark |October 5, 2016 9:57:32 AM
Best of Luck I got 1/1.
7. Durairaj,Tiruppur |   Link |  Bookmark |September 29, 2016 10:33:39 PM (300+ Posts)
Subscription at 3.76 times
7.1. Mahendra Khicha |   Link |  Bookmark |September 30, 2016 9:10:39 AM
In retail how many times.
6. STOCKT |   Link |  Bookmark |September 29, 2016 12:40:26 AM
100% discount

all will need liquidity and will have cash crunch and no demand will be seen
6.1. rtvvtr |   Link |  Bookmark |October 7, 2016 2:16:58 PM
20% circuit ... u r very negative for all issue...
6.2. Slowrocket |   Link |  Bookmark |October 8, 2016 4:17:40 PM
List hua ky a jet
5. Durairaj,Tiruppur |   Link |  Bookmark |September 28, 2016 11:47:38 PM (300+ Posts)
Subscribed by 0.81 times on day 2...
4. DURAISWAMY |   Link |  Bookmark |September 28, 2016 7:47:23 PM
Amsons and funny software E TRADING BELOW ITS ISSUE PRICE BEWARE OF SME IPOS. MY AMOUNT 2.4 LAKHS TRAPPED. I DID NOT FIND WAYS TO ESCAPE . I AM SHARING MY REAL EXPERIENCE. PLEASE DO NOT APPLY
3. STOCKT |   Link |  Bookmark |September 27, 2016 10:23:40 PM
today sarthi capital both issues were hammered.

this stock is too expensive and should be hitting lower circuit on day1.

look at the management education qualification and u will know.

it looks sarthi capital have gone from bad to worse now in sme,

3.1. Vaibhav |   Link |  Bookmark |September 27, 2016 10:27:23 PM
Company has achieved so many awards. That very nice. The market PE of textile is 35, shares are issued at 31 PE not bad.
I don''t think their will be listing loss.
3.2. STOCKT |   Link |  Bookmark |September 28, 2016 1:14:52 AM
realy 31 p/e is less.

crown with 10 p/e has listed at huge discount.

please go ahead . this is a company which will erode your wealth
2. STOCKT |   Link |  Bookmark |September 27, 2016 4:06:23 PM
SARTHI CAPITAL BOTH TODAY LISTED SME CROWN AND HUSYS ARE AT 11 PC DISCOUNT

IGNORE THESE STUPID SME FROM SARTHI CAPITAL


1. Vaibhav |   Link |  Bookmark |September 26, 2016 11:57:12 PM
Age of all director is above 60. Their is no young director. They want to retire by listing the company.