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Junction Fabrics and Apparels Ltd IPO (Junction Fabrics IPO) Detail

Jun 25, 2015 - Jun 29, 2015

Incorporated in 2011, Junction Fabrics And Apparels Ltd (JFAL) is engaged in the business of garment manufacturing and selling both Knitted Fabric as well as Garments. Its range of garment products covers all the age group segments such as kids wear, mens wear, ladies wear, boys & girls wear. JFAL uses variety of knitted fabrics such as 100% cotton, 100% polyester, blended (cotton and polyester) and printed polyester fabrics in the production of garments and selling it to domestic garment manufacturers.

JFAL sales around 80% of its products in domestic markets and the rest to Middle East Countries such UAE, Kuwait, Qatar, Bahrain, Saudi where there is demand for company's products as there are sizeable expatriates living in these countries. JFAL manufactures 100% cotton fabrics by supplying Yarn to the Mills for Knitting, Dyeing, Printing, Compacting factories.

Objects of the Issue

The object of the issue are to:

1. To meet Working Capital Requirement;
2. To Meet the Issue Expenses.

Junction Fabrics IPO Details

IPO Date Jun 25, 2015 to Jun 29, 2015
Listing Date Friday, July 10, 2015
Face Value ₹10 per share
Price ₹16 per share
Lot Size 8000 Shares
Issue Size1,000,000 shares of ₹10
(aggregating up to ₹1.60 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

The promoters of the company are:

1. Mr. Prem Dinanath Aggarwal
2. Mrs. Shikha Aggarwal

Junction Fabrics IPO Lot Size

The Junction Fabrics IPO lot size is 8000 shares. A retail-individual investor can apply for up to 1 lots (8000 shares or ₹128,000).

Application Lots Shares Amount
Retail (Min) 1 8000 ₹128,000
Retail (Max) 1 8000 ₹128,000

Junction Fabrics IPO Review

Based on above details, this IPO looks pricy and post listing may witness thin trading after initial hiccups.

DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published here. As SME issues have entry barriers and low preference from broking community, any reader taking decisions based on any information published here does so entirely at own risk. Author has no plans to invest in this offer.

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Junction Fabrics IPO Prospectus

Junction Fabrics IPO Rating

11
2.6
Rating:Rated 2.6 stars
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Junction Fabrics IPO Listing Date

Listing Date Friday, July 10, 2015
BSE Script Code 539216
NSE Symbol
Listing In MT Group of Securities
ISIN INE653S01010
IPO Price ₹16 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹16.00
₹17.50
₹17.05
₹18.35
₹17.30

Company Contact Information

Junction Fabrics and Apparels Ltd
No. 18(1) 24, Workshop Street,
Khaderpet,
Tirupur, Tamil Nadu 641-601
Phone: +91-0421-2200115
Email: cs@junctionfabrics.in
Website: http://www.junctionfabrics.in

Junction Fabrics IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Junction Fabrics IPO Review

Junction Fabrics IPO Recommendation Summary

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Junction Fabrics IPO FAQs

Junction Fabrics IPO is a SME IPO of 1,000,000 equity shares of the face value of ₹10 aggregating up to ₹1.60 Crores. The issue is priced at ₹16 per share. The minimum order quantity is 8000 Shares.

The IPO opens on Jun 25, 2015, and closes on Jun 29, 2015.

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

The Junction Fabrics IPO opens on Jun 25, 2015 and closes on Jun 29, 2015.

Junction Fabrics IPO lot size is 8000 Shares and the minimum order quantity is .

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

The Junction Fabrics IPO listing date is on Friday, July 10, 2015.
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4 Comments

3. Nivage |   Link |Aug 1, 2015 5:00:15 PM
Check www.nivageshares.page.tl
2. mayur prajapati. |   Link |Jun 19, 2015 1:36:10 PM
applied or not for junction
tell me any body....
2.1. DURAISWAMY |   Link |Jul 2, 2015 6:35:41 PM
I DID NOT APPLY
1. AYUSH AGGARWAL |   Link |Jun 15, 2015 6:22:11 PM
karvy banned