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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 DateThursday, April 25, 2019
BSE Script Code542653
NSE Symbol
Listing InMT
ISININE011201014
Issue PriceRs 59 Per Equity Share
Face ValueRs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE SME
Rs 59.00
Rs 59.00
Rs 56.05
Rs 59.00
Rs 56.10
266,000

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)

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Jinaam's Dress Limited IPO Review / Comments

Priyansh Agrawal
44. Priyansh Agrawal  Apr 26, 2019 16:52 I Like It. | Report Abuse
Dear R. D. S. Book lose sold 57.5
Small Investor
44.1. Small Investor  May 21, 2019 17:11 I Like It. | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
Now 36 and i want buy this stock at this price
Small Investors
43. Small Investors  Apr 26, 2019 13:33 I Like It. | Report Abuse
Dear Admin
please Upload Basis of Allotment of Jinaam Dress
RAJAKUMAR
42. RAJAKUMAR  Apr 26, 2019 10:02 I Like It. 1 | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Dear Members
Skip all sme ipo which is hni subscribed 2 times to issue sail through.
Wait for Pantamoth LM
If Hni subscribes more than 4 or 5 times then we consider to apply.
Aniketiaf
41. Aniketiaf  Apr 25, 2019 10:57 I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 4700+ Likes)
Booked loss.
Small Investors
41.1. Small Investors  Apr 25, 2019 12:19 I Like It. | Report Abuse
Down side countdown now stared only one hope is Operator & LM handle this stock
RAJAKUMAR
40. RAJAKUMAR  Apr 25, 2019 10:04 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Dear Dinesh, Small,Priyansh
Sold at 59
Dinesh Singh
40.1. Dinesh Singh  Apr 25, 2019 10:15 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
I also sold 1 lot at 59.
Will never apply again in SME IPO other than Pantomath.
Lern lesson today.
Small Investors
40.2. Small Investors  Apr 25, 2019 10:54 I Like It. | Report Abuse
i already told that is a big issue so selling pressure will come
sold @ 59 early morning and now safe
now i thinking buy a lot of Northeen Sprits near 30
Small Investors
39. Small Investors  Apr 25, 2019 09:45 I Like It. | Report Abuse
Sold signal lot @ 59
Mohammedhasan
38. Mohammedhasan  Apr 24, 2019 17:06 I Like It. | Report Abuse
Any idea abt the listing price
VickyMehta
38.1. VickyMehta  Apr 24, 2019 20:50 I Like It. | Report Abuse
WIll list between 65 and 70
Dinesh Singh
37. Dinesh Singh  Apr 24, 2019 16:48 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
Best of luck for tomorrow listing.
Priyansh Agrawal
36. Priyansh Agrawal  Apr 23, 2019 11:17 I Like It. | Report Abuse
Dear Rajkumar, Dinesh, small invester allotment out I got 1/1
Dinesh Singh
36.1. Dinesh Singh  Apr 23, 2019 11:21 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
I also got 1/1
Let's wait for listing on 25/04/19.
Small Investor
36.2. Small Investor  Apr 23, 2019 20:20 I Like It. | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
Got 1 listing will at par ?
Dinesh Singh
35. Dinesh Singh  Apr 22, 2019 10:04 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
Allotment will be out today.
Priyansh Agrawal
34. Priyansh Agrawal  Apr 17, 2019 16:26 I Like It. | Report Abuse
Dear small invester, Dinesh raja any views about gkp printings
Dinesh Singh
34.1. Dinesh Singh  Apr 17, 2019 16:48 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
Seems not good from my side.
Priyansh Agrawal
33. Priyansh Agrawal  Apr 17, 2019 16:21 I Like It. | Report Abuse
Dear small investers hope positively
Small Investors
32. Small Investors  Apr 17, 2019 13:17 I Like It. | Report Abuse
Dear Raja,Dinesh and Priyansh
i also apply for 1 lot and be positive
Dinesh Singh
32.1. Dinesh Singh  Apr 17, 2019 14:21 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
Let's wait for listing day if alloted.
I am also positive.
There may be some listing gain.
Will exit on listing day itself.
BTST Traders
31. BTST Traders  Apr 17, 2019 13:10 I Like It. | Report Abuse
take risk
Priyansh Agrawal
30. Priyansh Agrawal  Apr 17, 2019 11:02 I Like It. | Report Abuse
Dear Dinesh I also take risk
Dinesh Singh
29. Dinesh Singh  Apr 17, 2019 09:44 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
Dear Raja
Have you really applied 1 lot?
I have taken a risk for 1 lot.
AyushGoel
28. AyushGoel  Apr 16, 2019 01:51 I Like It. | Report Abuse
might give small listing gain, but risk of loss has much higher probability
AyushGoel
27. AyushGoel  Apr 16, 2019 01:49 I Like It. | Report Abuse
Sudden jump in last yr profit raises doubts, plus debt pile company makes it unattractive, better to avoid atleast for listing gains.
Dinesh Singh
26. Dinesh Singh  Apr 15, 2019 17:23 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
From where so many RI has came to apply in this IPO?
Any one have idea. Please share.
Dinesh Singh
25. Dinesh Singh  Apr 15, 2019 16:52 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
RI subscribed more than 1times.
Allotment is based on lottery.



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