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Jash Engineering IPO is a book built issue of Rs 48.01 crores.
Jash Engineering IPO bidding started from September 28, 2017 and ended on October 3, 2017. The shares got listed on NSE SME on October 11, 2017.
Jash Engineering IPO price band is set at ₹115 to ₹120 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹144,000.
Systematix Corporate Services Limited is the book running lead manager of the Jash Engineering IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Jash Engineering IPO RHP for detailed information.
IPO Date | September 28, 2017 to October 3, 2017 |
Listing Date | October 11, 2017 |
Face Value | ₹10 per share |
Price Band | ₹115 to ₹120 per share |
Lot Size | 1200 Shares |
Total Issue Size | 4,000,800 shares (aggregating up to ₹48.01 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 9,575,400 |
Share holding post issue | 11,836,598 |
Investors can bid for a minimum of 1200 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1200 | ₹144,000 |
Retail (Max) | 1 | 1200 | ₹144,000 |
Lot Size Calculator |
Jash Engineering Ltd is Gwalior, MP based company is engaged in manufacturing of wide range of products used in water intake systems, water and waste water pumping stations and treatment plants, storm water pumping stations, water transmission lines, power, steel, cement, paper & pulp, petrochemicals, chemical, fertilizers and other process plants.
Company design, develop and market products like water control gates, flap valves, knife gates valves, energy dissipating valves, water hammer control valves, fine and coarse screens, screening conveying equipment, screening washing and compaction equipment, industrial valves for bulk solids handling, hydro power screw generator, screw pump and process equipment like detritors, clarifiers, clariflocculators, thickeners, decanters aerators, trickling filters, dissolved air flotation (DAF) units, rotary drum slackers, rake classifiers, pressure sand filters, etc. for water, water waste and effluent treatment plants.
Jash Engineering Design, Casting, Fabrication, and Assembly & Test all products it manufacture. Company caters to the domestic as well as international markets. Jash Engineering has 500 employees.
The object of the issue are:
1. To meet working capital requirement of the Company which include Expansion of Manufacturing facilities at Unit III and set up a new manufacturing plant in SEZ Pithampur;
2. Fund required for exit of Pragati Fund India Limited including OFS and Pre IPO placement;
3. To meet the Offer Expenses.
[Dilip Davda] Investment for long term may be considered. The asking price is at a P/E of around 14. Jash Engineering IPO appears to have been fully priced. Read detail review...
The Jash Engineering IPO is subscribed times on September 29, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|
Listing Date | October 11, 2017 |
BSE Script Code | |
NSE Symbol | JASH |
ISIN | INE039O01011 |
Final Issue Price | ₹120 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
NSE SME |
---|
₹120.00 |
₹144.00 |
₹143.80 |
₹144.00 |
₹144.00 |
Jash Engineering Limited
31, Sector-C, Sanwer Road
Industrial Area,
Indore 452015
Phone: +91-731-6732700
Email: info@jashindia.com
Website: http://www.jashindia.com
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: jash.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
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Jash Engineering IPO is a SME IPO of 4,000,800 equity shares of the face value of ₹10 aggregating up to ₹48.01 Crores. The issue is priced at ₹115 to ₹120 per share. The minimum order quantity is 1200 Shares.
The IPO opens on September 28, 2017, and closes on October 3, 2017.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Jash Engineering IPO opens on September 28, 2017 and closes on October 3, 2017.
Jash Engineering IPO lot size is 1200 Shares, and the minimum amount required is ₹144,000.
You can apply in Jash Engineering 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Jash Engineering IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Jash Engineering IPO allotment status.
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Top Contributor (200+ Posts, 500+ Likes)
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