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Incorporated in 2017, Jigar Cables Ltd (JCL) is an ISO-9001:2015 certified company having its facility at Gondal, Dist Rajkot in Gujarat, manufacturing electric wires and cables as per national & international standards and customer's specifications.
Company sells its products under “SIGMA” brand since last two decades. Jigar's product range includes Submersible Flat Cables, Flexible Cables, LT PVC Cables, Ariel Bunched Cables and House Wires. JCL has recently incorporated a new Company under the name of Jigar Polymers Limited for manufacturing of PVC and XLPE as backward integration. This group came with Ultracab (India) Ltd which is considered its peer. Company's client list include Indian oil, ONGC, BSNL, Indian Railways, JNPT etc.
The promoters of the company are:
1. Parshottam Vaghasiya
2. Vijay Shingala
The object of the issue are to:
1. Repayment/ Prepayment in full or in part of certain borrowings availed by the Company;
2. Working Capital requirements;
3. General Corporate Purposes.
| IPO Opening Date | Jul 18, 2017 |
| IPO Closing Date | Jul 20, 2017 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹30 per equity share |
| Market Lot | 4000 Shares |
| Min Order Quantity | 4000 Shares |
| Listing At | BSE SME |
| Issue Size | 1,864,000 Eq Shares of ₹10 (aggregating up to ₹5.59 Cr) |
The Jigar Cables IPO market lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹120,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹120,000 |
| Maximum | 1 | 4000 | ₹120,000 |
The Jigar Cables IPO is subscribed times on Jul 19, 2017 17:00. The public issue subscribed in the retail category, in the QIB category, and in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | |
| RII | |
| Total |
| Listing Date | Friday, July 28, 2017 |
| BSE Script Code | 540651 |
| NSE Symbol | |
| Listing In | M Group of Securities |
| ISIN | INE943X01015 |
| IPO Price | ₹30 per equity share |
| Face Value | ₹10 per equity share |
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Jigar Cables Ltd
Plot No.164/14 & 15 Jamwadi,
G.I.D.C Gondal,
Rajkot - 360311
Phone: + 2825 - 221422
Email: cs@sigmacab.com
Website: http://www.sigmacab.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Jigar Cables IPO is a SME IPO of 1,864,000 equity shares of the face value of ₹10 aggregating up to ₹5.59 Crores. The issue is priced at ₹30 per equity share. The minimum order quantity is 4000 Shares.
The IPO opens on Jul 18, 2017, and closes on Jul 20, 2017.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Jigar Cables IPO opens on Jul 18, 2017 and closes on Jul 20, 2017.
Jigar Cables IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.
You can apply in Jigar Cables 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 Jigar Cables IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Jigar Cables IPO allotment status.
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