Incorporated in 2011, Jiya Eco Products Ltd is an ISO 9001:2008 certified company engaged in the manufacturing of bio-fuels viz. bio-briquettes and bio-pellets which is an alternative source of energy and has the ability to replace/are fairly good substitutes of traditional fossil fuels like coal, firewood, lignite, etc.
At present, the company has authorised collection centres spread over surrounding villages to source agricultural waste which serves as the major raw material in production of bio-fuels. The company received various incentives from Government including tax holiday, interest rate subvention and VAT exemption. Currently JEPL is one of the key players across the state of Gujarat in bio-fuel sector and has plans to expand its presence on PAN India basis.
The promoters of the company are:
1. Bhavesh Kakadiya
2. Harshad Monpara
3. Yogesh Patel
The object of the issue are:
1. Purchase of new machinery;
2. Working capital requirement; and
3. Meet issue expenses.
| Issue Open | Jun 29, 2015 - Jul 2, 2015 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 2,412,000 Eq Shares of ₹10 (aggregating up to ₹4.58 Cr) |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹19 Per Equity Share |
| Market Lot | 6000 Shares |
| Min Order Quantity | 6000 Shares |
| Listing At | BSE SME |
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 6000 | ₹114,000 |
| Maximum | 1 | 6000 | ₹114,000 |
| Listing Date | Thursday, July 16, 2015 |
| BSE Script Code | 539225 |
| NSE Symbol | |
| Listing In | MT |
| ISIN | INE023S01016 |
| Issue Price | ₹19 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
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Jiya Eco Products Ltd
G-6/7 B Ruthraj Complex,
Opp A V School Ground,
Bhavnagar - 364001, Gujarat
Phone: +91-2841-281028
Email: ipo@jiyaeco.in
Website: http://www.jiyaeco.com
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
Jiya Eco Products IPO is a SME initial public offering of 2,412,000 equity shares of the face value of ₹10 aggregating up to ₹4.58 Crores.
The issue price of the IPO is ₹19 Per Equity Share. The minimum order quantity is 6000 Shares per application and the offer type is Fixed Price Issue.
The IPO opens on Jun 29, 2015 and closes on Jul 2, 2015.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Jiya Eco Products IPO opens on Jun 29, 2015 and closes on Jul 2, 2015.
Jiya Eco Products IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.
The finalization of Basis of Allotment for Jiya Eco Products IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Jiya Eco Products IPO allotment status.
Jiya Eco Products IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.
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