Jet Knitwears Limited IPO (Jet Knitwears IPO) Detail

Sep 27, 2016 - Sep 29, 2016

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.

Company Promoters:

The promoters of the company are:

1. Balram Kumar Narula
2. Anil Kumar Narula
3. Rakesh Kumar Narula
4. Usha Narula
5. Jyoti Narula
6. Kanchan Narula
7. Sandhya Narula

Objects of the Issue:

The object of the issue are to:

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

Jet Knitwears IPO Details

IPO Opening Date	Sep 27, 2016
IPO Closing Date	Sep 29, 2016
Issue Type	Fixed Price Issue IPO
Face Value	₹10 per equity share
IPO Price	₹39 per equity share
Market Lot	3000 Shares
Min Order Quantity	3000 Shares
Listing At	NSE SME
Issue Size	1,083,000 Eq Shares of ₹10 (aggregating up to ₹4.22 Cr)

Jet Knitwears IPO Lot Size

The Jet Knitwears IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹117,000).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	3000	₹117,000
Maximum	1	3000	₹117,000

Jet Knitwears IPO Prospectus

› Jet Knitwears IPO RHP

Jet Knitwears IPO Rating

2.4

Rating:

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Jet Knitwears IPO Listing Date

Listing Date	Friday, October 7, 2016
BSE Script Code
NSE Symbol	JETKNIT
Listing In
ISIN	INE564T01017
IPO Price	₹39 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

	NSE SME
IPO Price:	₹39.00
Open:	₹46.80
Low:	₹46.80
High:	₹46.80
Last Trade:	₹46.80
Volume:	357,000

Jet Knitwears IPO Reviews / Ratings

Dilip Davda - Avoid

Company Contact Information

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
   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

Jet Knitwears IPO Lead Manager(s)

Sarthi Capital Advisors Private Limited

Lead Manager Reports

Jet Knitwears IPO FAQs

What is Jet Knitwears IPO?

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 equity share. The minimum order quantity is 3000 Shares.

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

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
When Jet Knitwears IPO will open?

The Jet Knitwears IPO opens on Sep 27, 2016 and closes on Sep 29, 2016.
What is the lot size of Jet Knitwears IPO?

Jet Knitwears IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.
How to apply for Jet Knitwears IPO?

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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When Jet Knitwears IPO allotment?

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.
When is Jet Knitwears IPO listing date?

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

Jet Knitwears IPO Message Board

Ranked Members

11. Mahendra Khicha |Oct 6, 2016 21:08

Tomorrow D day for jet knitwears,
What price it will list. Any Guess ?

10. Vaibhav |Oct 6, 2016 16:02

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 |Oct 6, 2016 20:40

Do not influence people by uour big write up

9. STOCKT |Oct 4, 2016 21:09

sarthi capital both previous issues husys and crown performed badly.

they had same subscription

lets see how this one performs

8. Mahendra Khicha |Oct 4, 2016 17:07

Allotted 2/5 in jet knitwears.

8.1. Vaibhav |Oct 5, 2016 09:57

Best of Luck I got 1/1.

7. Durairaj,Tiruppur |Sep 29, 2016 22:33

Top Contributor (300+ Posts)

Subscription at 3.76 times

7.1. Mahendra Khicha |Sep 30, 2016 09:10

In retail how many times.

6. STOCKT |Sep 29, 2016 00:40

100% discount

all will need liquidity and will have cash crunch and no demand will be seen

6.1. rtvvtr |Oct 7, 2016 14:16

20% circuit ... u r very negative for all issue...

6.2. Slowrocket |Oct 8, 2016 16:17

List hua ky a jet

5. Durairaj,Tiruppur |Sep 28, 2016 23:47

Top Contributor (300+ Posts)

Subscribed by 0.81 times on day 2...

4. DURAISWAMY |Sep 28, 2016 19:47

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 |Sep 27, 2016 22:23

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 |Sep 27, 2016 22:27

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 |Sep 28, 2016 01:14

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 |Sep 27, 2016 16:06

SARTHI CAPITAL BOTH TODAY LISTED SME CROWN AND HUSYS ARE AT 11 PC DISCOUNT

IGNORE THESE STUPID SME FROM SARTHI CAPITAL

1. Vaibhav |Sep 26, 2016 23:57

Age of all director is above 60. Their is no young director. They want to retire by listing the company.

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