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Jhandewalas Foods Limited IPO (Jhandewalas Foods IPO) Detail

December 29, 2017 - January 4, 2018

Jhandewalas Foods IPO is a fixed price issue of Rs 16.01 crores.

Jhandewalas Foods IPO bidding started from December 29, 2017 and ended on January 4, 2018. The shares got listed on BSE SME on January 12, 2018.

Jhandewalas Foods IPO price is ₹55 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹110,000.

Guiness Corporate Advisors Pvt Ltd is the book running lead manager of the Jhandewalas Foods IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Jhandewalas Foods IPO RHP for detailed information.

Jhandewalas Foods IPO Details

IPO Date December 29, 2017 to January 4, 2018
Listing Date January 12, 2018
Face Value ₹10 per share
Price ₹55 per share
Lot Size 2000 Shares
Total Issue Size2,910,000 shares
(aggregating up to ₹16.01 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Market Maker portion150,000 shares

Jhandewalas Foods IPO Reservation

Jhandewalas Foods IPO offers 3,060,000 shares. 1,380,000 (45.10%) to NII, 1,380,000 (45.10%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered150,000 (4.90%)
Other Shares Offered1,380,000 (45.10%)
Retail Shares Offered1,380,000 (45.10%)
Other Shares Offered150,000 (4.90%)
Total Shares Offered3,060,000 (100%)

Jhandewalas Foods IPO Lot Size

Investors can bid for a minimum of 2000 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 2000 ₹110,000
Retail (Max) 1 2000 ₹110,000
Lot Size Calculator

About Jhandewalas Foods Limited

Incorporated in 2006, Jhandewala Foods Ltd is Jaipur Rajasthan based manufacturer of food products including Ghee and Mangodi. Company is also engaged in the marketing of Poha, Saffron and Dalia. These products are marketed under its own brand name "Naman's" and "Godhenu".

Jhandewala Foods is certified by Food Safety and Standards Authority of India (FSSAI) for the quality management systems. Company's manufacturing unit is located at Jaipur, Rajasthan. Company has employed 84 employees.

Jhandewala Foods brands and range of products:

1. Naman's - Naman's Desi Ghee, Naman's gold ghee, Mangodi (a traditional dish made of green grams & black eyed peas), Poha (flattened rice), Naman's Kesar and Naman Daliya.

2. Godhenu - Godhenu Cow Ghee.

Objects of the Issue (Jhandewalas Foods IPO Objectives)

The objects of the Issue are:
1. Funding of working capital requirements of the Company
2. Issue Expenses

Jhandewalas Foods IPO Review (Apply)

[Dilip Davda]  Investors may consider investment for medium to long term as food and dairy industry is poised for bright prospects ahead. (Subscribe). Read detail review...

Jhandewalas Foods IPO Subscription Status (Bidding Detail)

The Jhandewalas Foods IPO is subscribed 278.82 times on January 4, 2018 4:25:00 PM. The public issue subscribed 88.58 times in the retail category, times in the QIB category, and 466.69 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Issue Detail

  • Total Shares Offered: 29,10,000 Equity Shares
  • Issue Reserved for Market Makers: 1,50,000 Equity Shares
  • Issue Reserved for NII: 13,80,000 Equity Shares
  • Issue Reserved for RII: 13,80,000 Equity Shares

Jhandewalas Foods IPO Prospectus

Jhandewalas Foods IPO Rating

Rating:Rated 3.8 stars
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Jhandewalas Foods IPO Listing Details

Listing Date January 12, 2018
BSE Script Code 540850
NSE Symbol
ISIN INE841Y01019
Final Issue Price ₹55 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Jhandewalas Foods Limited Contact Details

Jhandewalas Foods Limited
B-70, 1st Floor, Upasana House,
Janta Store, Bapu Nagar,
Jaipur 302015
Phone: +91 141 2703309

Jhandewalas Foods IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Jhandewalas Foods IPO - Buy or Not

Jhandewalas Foods IPO Recommendation Summary

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Jhandewalas Foods IPO FAQs

Jhandewalas Foods IPO is a SME IPO of 2,910,000 equity shares of the face value of ₹10 aggregating up to ₹16.01 Crores. The issue is priced at ₹55 per share. The minimum order quantity is 2000 Shares.

The IPO opens on December 29, 2017, and closes on January 4, 2018.

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

The Jhandewalas Foods IPO opens on December 29, 2017 and closes on January 4, 2018.

Jhandewalas Foods IPO lot size is 2000 Shares, and the minimum amount required is ₹110,000.

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

The Jhandewalas Foods IPO listing date is on January 12, 2018.
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Jhandewalas Foods IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



237. Harshajeet Patil |   Link |  Bookmark |March 23, 2018 11:30:34 AM
Hello, Just sit tight. The market is down because US-china trade war, so dont expect market to be up for some time, but it will surely recover and you will get you gains. Dont panic, BDL is good stock.
236. IPOANALYSIS |   Link |  Bookmark |March 21, 2018 11:17:06 PM


235. Ketan P Mehta |   Link |  Bookmark |March 8, 2018 7:36:22 PM
I want to know this ipo Lower level kitna ja sakta hai? ABHI RAKkhe ki nikel jaye?
234. IPOGAINER |   Link |  Bookmark |March 2, 2018 7:23:55 AM
In a business of oil and ghee... Margins are very lesss like Ruchi Soya.. jvl agro
So I think it is good to sell now... If market crash it may reach 30..
234.1. jaat boy |   Link |  Bookmark |March 3, 2018 12:44:08 PM
name change.. ipoloss okk

motivated pls & not break hope ok
233. Sujal |   Link |  Bookmark |February 22, 2018 10:21:39 AM
Someone accumulating Jhandewala at through away price don''t understand why people r selling this gem at through away price this is the time to buy this stock for healthy returns in near future
233.1. jaat boy |   Link |  Bookmark |February 23, 2018 12:15:54 PM
ye koi dhoka to nhi de raha h??????

ye koi trap to nhi ?? bde logo ka koi #trust nhi #dhokebaaz #baimaan !!!
232. Sujal |   Link |  Bookmark |February 22, 2018 10:20:06 AM
Only those sme company which r fundamentally weak will come down fundamentally strong company will grow in long term patience is the key
231. rvr |   Link |  Bookmark |February 22, 2018 8:50:13 AM
hope to see all sme in half price soon...
230. Sujal |   Link |  Bookmark |February 21, 2018 1:31:33 PM
At present this company is selling it''s products only in rajasthan & earning nice profit just imagine if company expands it''s network in other states then profit will soar like a rocket I''m sure those people who all r selling this company at discounted price will regret for their decision in future
229. Sujal |   Link |  Bookmark |February 21, 2018 1:18:08 PM
What''s going on with this 100 year old company everyday price is going down don''t understand why people r selling at discounted price this fundamentally strong company
228. Sujal |   Link |  Bookmark |February 14, 2018 10:04:59 PM
Jhandewala foods will declare full year results in mid may 3.3 cr net profit expected very good stock for long term ????
228.1. Ar Shams |   Link |  Bookmark |February 17, 2018 1:58:26 PM
It is a SME ipo listed on 12.01.2018 issued at 55/- and falling continuously since its third day of listing. If you know any inside development that the is going to go up then only go ahead. Otherwise stay away. Very less number of trades daily if you check the archive of this stock on BSE website. You may end up blocking your investment otherwise.
227. jaat boy |   Link |  Bookmark |February 8, 2018 10:18:12 AM
kya future h.. ishka.. dosto ?? bde #danger_time se nikal ker aye hai ....
226. Mahesh Chavda |   Link |  Bookmark |February 5, 2018 8:29:37 PM
Buy this stock for long term only
Not for short term
Ye thode din bad fir 50 ke niche jayega...

So only long term buy
225. jaat boy |   Link |  Bookmark |February 5, 2018 4:09:46 PM
dil ke arma asuo mai bah gye.... i m stupid.....bura fasa... hey bagwan ye ipo lagaya hi kyuuuu????? life time afsos rahega 70000+ mil rahe the or loss mai bechaa ......hahahahaahaj
224. DHARMESH M VIRADIYA |   Link |  Bookmark |February 3, 2018 12:32:46 PM
"Jaat boy" muke lagta he hold karo ae time buy kar ne jesa lagta he. Daaro mat market up aa dn hota rahe ga.long time invest..
223. DHARMESH M VIRADIYA |   Link |  Bookmark |February 2, 2018 8:20:10 PM
Today Buy 1 lot Rs . 58.10 long term investment .
223.1. jaat boy |   Link |  Bookmark |February 3, 2018 12:12:28 PM
thank u bro

mai bi hold keru... plz rply
222. jaat boy |   Link |  Bookmark |February 2, 2018 6:45:04 PM
ab or down jayega kya????? loss loss... cry cry... help god...
221. Mahesh Chavda |   Link |  Bookmark |February 2, 2018 1:38:13 PM
Dear Retail Invester book your loss and exit..
It is operator dirty game..
Ye 50 bhi todega or next 45 and 40 tak ja sakta he.....
1 share bhi agar retail ke pass rahega tab tak ye ise niche le jayege......
220. Umang and his ultrasonic uproar |   Link |  Bookmark |February 2, 2018 8:42:02 AM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
Now available at issue price. Hahaha
It was subscribed more than 100 times. Now no buyers at issue price. This is the risk in sme.
220.2. Umang and his ultrasonic uproar |   Link |  Bookmark |February 2, 2018 11:29:15 AM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
Jaat boy, you must be aware of (HIGH) risk in investing in SME. I am not laughing but crying on seeing SME ridiculous price.
Although I am invested only in cadsys SME. No other holding in SME.
220.3. jaat boy |   Link |  Bookmark |February 2, 2018 11:33:40 AM
ye sme bi to bdi muskil se laga tha...kab se try ker raha tha... no allotment... socha ishe pure saal ka #profit mil jayega...... ab to long term rakhna padega?? ish per kuch boliyee?????
219. IPO only investor |   Link |  Bookmark |February 2, 2018 10:53:58 AM
It is now trading below its issue price. Should I buy at this level? Please suggest.
218. jaat boy |   Link |  Bookmark |January 30, 2018 9:54:33 PM
kya hua hai...ishkoo???? hmare jande ukhad rahe h??????
218.5. AhireR |   Link |  Bookmark |February 1, 2018 6:05:24 PM
IPO Mentor IPO Mentor (800+ Posts, 1000+ Likes)
Don''t know if will move from here soon..log bol rahe ki fresh buying abhi possible nhi kyoki roj nye sme ipo aa rahe..aur shrt trm gain me jyada intrst he logoko everyone is booking prft in fear..and no fresh buying..dragging it..
218.6. jaat boy |   Link |  Bookmark |February 1, 2018 7:37:42 PM
ha ye to shi bole ho but 1 week or ruk jaate sme ipo bi #bjp ke jesa nikla..... jutha sapna deekha gyaa.........