Chittorgarh.com
Free Trading + Demat Account

Jinaams Dress Limited IPO (Jinaam's Dress Limited IPO) Detail

Apr 9, 2019 - Apr 15, 2019

Incorporated in 2011, Gujarat based Jinaam's Dress Limited is a manufacturer, distributor and supplier of Indian fusion and ethnic apparels for women. Company's product includes women's clothing such as kurti, dupatta, sarees, lehenga-choli, and scarfs made of satin, georgette, crepe, chiffon, velvet, polyester, cotton, silk, and wool. They also provide dying, printing, embroidery, cutting, stitching, sewing, finishing, inspection, and packing services.

They have a presence across 19 states and 4 union territories in the country. They operate a retail store for women's apparel located at The Gateway Hotel, Surat, Gujarat. They also tied-up with Mandola e-Trade Pvt Ltd to use its e-commerce platform for online marketing and selling women apparels. They have a manufacturing unit producing 5,00,000 meters/month capacity for apparel material. Based on current market trends they have introduced around 134 product catalogues each of which comprises an average of around 8-10 designs during FY 2017-18.

The company has a brand portfolio which includes FORMM, TIARAA, ZAREEN, ASMIRA, ROMA, BAHNI, HEROINE, FLORAL CREATION and JINAAM. The company also exports fabrics to different countries namely Nepal, UK, Afghanistan, Mauritius, and Dubai through international dealers and merchants.

The competitive strengths of the company are:

1. Innovative product designs
2. Diversified Product Portfolio
3. In-house Manufacturing facility

Company Promoters:

The Company Promoters are:
1. Rahul Hemraj Oswal
2. Vishal Hemraj Oswal
3. Pritam Hemraj Oswal

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
30-Nov-18 31-Mar-18 31-Mar-17 31-Mar-16
Total Assets 14,979.73 14,079.68 10,353.41 11,403.83
Total Revenue 9,510.54 15,289.06 13,438.32 13,631.96
Profit After Tax 416.99 782.11 287.54 213.57

Objects of the Issue:

The objects of the Issue are as stated below:

1) Purchase of Machineries
2) Augmenting the long term working capital requirements of the Company
3) Repayment of certain debt facilities availed by the Company
4) General corporate purposes
5) To meet the Issue related expenses

Jinaam's Dress Limited IPO Details

Issue OpenApr 9, 2019 - Apr 15, 2019
Issue TypeFixed Price Issue IPO
Issue Size7,200,000 Eq Shares of Rs 10
(aggregating up to Rs 42.48 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 59 Per Equity Share
Market Lot2000 Shares
Min Order Quantity2000 Shares
Listing AtBSE SME

Jinaam's Dress Limited IPO Tentative Date / Timetable

Bid/Offer Opens OnApr 9, 2019
Bid/Offer Closes OnApr 15, 2019
Finalisation of Basis of AllotmentApr 22, 2019
Initiation of RefundsApr 23, 2019
Credit of Shares to Demat Acct:Apr 24, 2019
IPO Shares Listing Date:Apr 25, 2019

Jinaam's Dress Limited IPO Promoter Holding

Pre Issue Share Holding88.18%
Post Issue Share Holding59.69%

Jinaam's Dress Limited IPO Subscription Status (Bidding Detail)

Jinaam's Dress Limited IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

3,420,000

3,420,000

6,840,000

Apr 15, 2019 18:49

1.34x

1.08x

1.21x

Jinaam's Dress Limited IPO Prospectus

Jinaam's Dress Limited IPO Rating

75
2.9
Rating:Rated 2.9 stars

Vote Here ...

Jinaam's Dress Limited IPO Listing Date

  •   ›  Listing Date: Thursday, April 25, 2019
  •   ›  BSE Script Code: 542653
  •   ›  NSE Symbol:
  •   ›  Listing In:
  •   ›  ISIN: INE011201014
  •   ›  Issue Price: Rs 59 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Jinaam's Dress Limited IPO Reviews / Ratings

Company Contact Information

Jinaams Dress Limited
Plot No. 524,
Road No. 5, GIDC,
Sachin, Surat 394 230,

Phone: 0261-2398505
Email: cs@jinaamdresses.com
Website: http://www.jinaam.com/

Jinaam's Dress Limited 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

Jinaam's Dress Limited IPO Lead Manager(s)

Guaranteed Save 60% to 90% Brokerage

You could reduce the brokerage cost significantly by moving to another stock broker. Our expert team compared top share brokers in India to help traders. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...

Jinaam's Dress Limited IPO Review / Comments

avatar
38. Mohammedhasan  Apr 24, 2019 17:06 I Like It. | Report Abuse Reply
Any idea abt the listing price
avatar
37. Dinesh Singh  Apr 24, 2019 16:48 I Like It. | Report Abuse Reply
Best of luck for tomorrow listing.
avatar
36. Priyansh Agrawal  Apr 23, 2019 11:17 I Like It. | Report Abuse Reply
Dear Rajkumar, Dinesh, small invester allotment out I got 1/1
avatar
36.1. Dinesh Singh  Apr 23, 2019 11:21 I Like It. | Report Abuse
I also got 1/1
Let's wait for listing on 25/04/19.
avatar
36.2. Small Investor  Apr 23, 2019 20:20 I Like It. | Report Abuse
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
Got 1 listing will at par ?
avatar
35. Dinesh Singh  Apr 22, 2019 10:04 I Like It. | Report Abuse Reply
Allotment will be out today.
avatar
34. Priyansh Agrawal  Apr 17, 2019 16:26 I Like It. | Report Abuse Reply
Dear small invester, Dinesh raja any views about gkp printings
avatar
34.1. Dinesh Singh  Apr 17, 2019 16:48 I Like It. | Report Abuse
Seems not good from my side.
avatar
33. Priyansh Agrawal  Apr 17, 2019 16:21 I Like It. | Report Abuse Reply
Dear small investers hope positively
avatar
32. Small Investors  Apr 17, 2019 13:17 I Like It. | Report Abuse Reply
Dear Raja,Dinesh and Priyansh
i also apply for 1 lot and be positive
avatar
32.1. Dinesh Singh  Apr 17, 2019 14:21 I Like It. | Report Abuse
Let's wait for listing day if alloted.
I am also positive.
There may be some listing gain.
Will exit on listing day itself.
avatar
31. BTST Traders  Apr 17, 2019 13:10 I Like It. | Report Abuse Reply
take risk
avatar
30. Priyansh Agrawal  Apr 17, 2019 11:02 I Like It. | Report Abuse Reply
Dear Dinesh I also take risk
avatar
29. Dinesh Singh  Apr 17, 2019 09:44 I Like It. | Report Abuse Reply
Dear Raja
Have you really applied 1 lot?
I have taken a risk for 1 lot.
avatar
28. AyushGoel  Apr 16, 2019 01:51 I Like It. | Report Abuse Reply
might give small listing gain, but risk of loss has much higher probability
avatar
27. AyushGoel  Apr 16, 2019 01:49 I Like It. | Report Abuse Reply
Sudden jump in last yr profit raises doubts, plus debt pile company makes it unattractive, better to avoid atleast for listing gains.
avatar
26. Dinesh Singh  Apr 15, 2019 17:23 I Like It. | Report Abuse Reply
From where so many RI has came to apply in this IPO?
Any one have idea. Please share.
avatar
25. Dinesh Singh  Apr 15, 2019 16:52 I Like It. | Report Abuse Reply
RI subscribed more than 1times.
Allotment is based on lottery.
avatar
24. Mohammedhasan  Apr 15, 2019 16:22 I Like It. | Report Abuse Reply
Is it good to apply
avatar
23. Priyansh Agrawal  Apr 15, 2019 16:06 I Like It. | Report Abuse Reply
Dear Rajkumar; Dinesh apply 1 application
avatar
22. RAJAKUMAR  Apr 15, 2019 14:42 I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
Dear Diinesh
In HNI Quot corporate bids 21 lakh shares. Gujarat Company.
I got 7 allotment in polycab. So i am going to apply one form
Whether sms stabilise issue price.It is mllion dolllar question.
avatar
22.1. Dinesh Singh  Apr 15, 2019 15:06 I Like It. | Report Abuse
I also going to apply 1lot.
Taking risk
avatar
22.2. Tally Experts  Apr 15, 2019 15:14 I Like It. | Report Abuse
Apply for 1 lot
take a gamble
avatar
21. RAJAKUMAR  Apr 15, 2019 14:45 I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
Dinesh
Applying is very risk. Before apply think thrice.
avatar
20. RAJAKUMAR  Apr 15, 2019 14:20 I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
Dear Dinesh
So for not decided. Big issue.
avatar
19. Priyansh Agrawal  Apr 15, 2019 13:51 I Like It. | Report Abuse Reply
Dear Rajkumar Dinesh apply or avoid
avatar
19.1. Dinesh Singh  Apr 15, 2019 14:07 I Like It. | Report Abuse
Not sure.
Let's wait for Raja reply.
Figures are not incourageing.



Message Board

Stock Message Board


Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App