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Jayant Infratech IPO is a fixed price issue of Rs 6.19 crores. The issue is entirely a fresh issue of 9.24 lakh shares.
Jayant Infratech IPO bidding started from June 30, 2022 and ended on July 5, 2022. The allotment for Jayant Infratech IPO was finalized on Friday, July 8, 2022. The shares got listed on BSE SME on July 13, 2022.
Jayant Infratech IPO price is ₹67 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹134,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹268,000.
Gretex Corporate Services Limited is the book running lead manager of the Jayant Infratech IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Jayant Infratech IPO RHP for detailed information.
| IPO Date | June 30, 2022 to July 5, 2022 |
| Listing Date | July 13, 2022 |
| Face Value | ₹10 per share |
| Price | ₹67 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 924,000 shares (aggregating up to ₹6.19 Cr) |
| Fresh Issue | 924,000 shares (aggregating up to ₹6.19 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 2,311,562 |
| Share holding post issue | 3,235,562 |
| Market Maker portion | 48,000 shares |
Jayant Infratech IPO offers 924,000 shares. 438,000 (47.40%) to NII, 438,000 (47.40%) to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 48,000 (5.19%) |
| Other Shares Offered | 438,000 (47.40%) |
| Retail Shares Offered | 438,000 (47.40%) |
| Total Shares Offered | 924,000 (100%) |
Jayant Infratech IPO opens on June 30, 2022, and closes on July 5, 2022.
| IPO Open Date | Thursday, June 30, 2022 |
| IPO Close Date | Tuesday, July 5, 2022 |
| Basis of Allotment | Friday, July 8, 2022 |
| Initiation of Refunds | Monday, July 11, 2022 |
| Credit of Shares to Demat | Tuesday, July 12, 2022 |
| Listing Date | Wednesday, July 13, 2022 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 5, 2022 |
Investors can bid for a minimum of 2000 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 | 2000 | ₹134,000 |
| Retail (Max) | 1 | 2000 | ₹134,000 |
| HNI (Min) | 2 | 4,000 | ₹268,000 |
| Lot Size Calculator | |||
Mr. Nilesh Jobanputra is the promoter of the company.
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | 71.44% |
Incorporated in 2003, Jayant Infratech primarily undertakes Railway Infrastructure Development work. It is a technology-driven company with excellence in Railway Electrification and Infrastructure projects. The company is engaged in designing, drawing, supplying, erection, and commissioning of 25KV, 50Hz Single Phase Traction Overhead Equipment.
Large public and private sector companies such as Eastern Railway, South Eastern Railway, South East Central Railway, Northern Railway, East Coast Railway, and North Frontier Railway are the key clients served by the firms.
Competitive Strengths
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-19 | 2114.62 | 1848.17 | 69.86 | 1119.12 | 909.65 |
| 31-Mar-20 | 2266.83 | 3416.73 | 131.92 | 1251.04 | 1041.57 |
| 31-Mar-21 | 2884.16 | 3550.87 | 139.58 | 1439.62 | 1221.56 |
| 31-Dec-21 | 2991.5 | 2414.6 | 112.64 | 1640.55 | 1409.39 |
| Amount in ₹ Lakhs | |||||
The market capitalization of Jayant Infratech IPO is Rs 21.68 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 14.44 |
The company aims to utilize the net proceeds for the following objectives;
[Dilip Davda] The company is in the railway infra development business that has many small and big players all around. After marking a quantum jump in the top and bottom lines for FY20, it posted static performance. Based on its current earnings, the issue is fully priced. Small equity post IPO indicates longer gestation for migration to main board. There is no harm in skipping this fully priced IPO. Read detail review...
The Jayant Infratech IPO is subscribed 4.00 times on July 5, 2022 6:29:00 PM. The public issue subscribed 3.76 times in the retail category, times in the QIB category, and 4.23 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 4.23 |
| Retail | 3.76 |
| Total | 4.00 |
| Listing Date | July 13, 2022 |
| BSE Script Code | 543544 |
| NSE Symbol | |
| ISIN | INE0KR801019 |
| Final Issue Price | ₹67 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹67.00 |
| ₹76.00 |
| ₹76.00 |
| ₹79.80 |
| ₹79.80 |
Jayant Infratech Limited
Mangal Smriti Bajpai Ground,
Tilak Nagar, Bilaspur, 495001
Phone: +91- 7752315916
Email: info@jayantinfra.com
Website: http://www.jayantinfra.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
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Jayant Infratech IPO is a SME IPO of 924,000 equity shares of the face value of ₹10 aggregating up to ₹6.19 Crores. The issue is priced at ₹67 per share. The minimum order quantity is 2000 Shares.
The IPO opens on June 30, 2022, and closes on July 5, 2022.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Jayant Infratech IPO using UPI as a payment gateway. Zerodha customers can apply in Jayant Infratech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Jayant Infratech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Jayant Infratech IPO opens on June 30, 2022 and closes on July 5, 2022.
Jayant Infratech IPO lot size is 2000 Shares, and the minimum amount required is ₹134,000.
You can apply in Jayant Infratech 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 Jayant Infratech IPO will be done on Friday, July 8, 2022, and the allotted shares will be credited to your demat account by Tuesday, July 12, 2022. Check the Jayant Infratech IPO allotment status.
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