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Junction Fabrics IPO is a fixed price issue of Rs 1.60 crores.
Junction Fabrics IPO bidding started from June 25, 2015 and ended on June 29, 2015. The shares got listed on BSE SME on July 10, 2015.
Junction Fabrics IPO price is ₹16 per share. The minimum lot size for an application is 8000 Shares. The minimum amount of investment required by retail investors is ₹128,000.
Hem Securities Limited is the book running lead manager of the Junction Fabrics IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Junction Fabrics IPO RHP for detailed information.
| IPO Date | June 25, 2015 to June 29, 2015 |
| Listing Date | July 10, 2015 |
| Face Value | ₹10 per share |
| Price | ₹16 per share |
| Lot Size | 8000 Shares |
| Total Issue Size | 1,000,000 shares (aggregating up to ₹1.60 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,692,270 |
| Share holding post issue | 2,692,270 |
Investors can bid for a minimum of 8000 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 | 8000 | ₹128,000 |
| Retail (Max) | 1 | 8000 | ₹128,000 |
| Lot Size Calculator | |||
The promoters of the company are:
1. Mr. Prem Dinanath Aggarwal
2. Mrs. Shikha Aggarwal
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | 62.86% |
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.
| KPI | Values |
|---|---|
| RoNW | 10.86% |
The object of the issue are to:
1. To meet Working Capital Requirement;
2. To Meet the Issue Expenses.
[Dilip Davda]
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.
Read detail review...
| Listing Date | July 10, 2015 |
| BSE Script Code | 539216 |
| NSE Symbol | |
| ISIN | INE653S01010 |
| Final Issue Price | ₹16 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹16.00 |
| ₹17.50 |
| ₹17.05 |
| ₹18.35 |
| ₹17.30 |
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
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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Check our SME IPO Guide 
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 June 25, 2015, and closes on June 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 June 25, 2015 and closes on June 29, 2015.
Junction Fabrics IPO lot size is 8000 Shares, and the minimum amount required is ₹128,000.
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, Nuvama, 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.
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