Jaya Jalram Technolgies Limited

Company Profile
Company Name Jaya Jalram Technolgies Limited
Open Date 26-08-2022
Close Date 30-08-2022
Exchange NSE SME
Lot Size 3000 Shares
Issue Price ₹ 36 per share
Issue Size 30,00,000 Equity Shares
Application Amount ₹ 1,08,000
Recommendation Avoid
Jaya Jalram Technologies Limited was incorporated in the year 2012 in Gujarat. The company is engaged in multi-brand retail selling of Smart Phones and allied accessories from manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, and Xiaomi. Company is also engaged in multi-brand retail selling of consumer durable electronics goods like Smart TVs, Air Conditioners, Fridges, Coolers etc. from brands like TCL, Haier, Diakin, Voltas, Mi, Realme, OnePlus, Xiaomi, Skytron.
(Read more on the review)

Summary of Financials (All financials in Lakh)

For the Period Ended Mar-22 Mar-21 Mar-20
Total Assets 3,590.48 2,839.35 2,487.19
Net Assets 1,067.79 55.62 26.27
Total Borrowings 1,040.00 892.22 951.60
Total Revenue 16,555.85 12,225.30 9,518.88
Profit After Tax 87.17 29.35 2.56

Tentative Timeline

Opening Date 26-08-2022
Closing Date 30-08-2022
Basis of Allotment 05-09-2022
Initiation of Refunds 06-09-2022
Credit of Shares to Demat 07-09-2022
Listing Date 08-09-2022

Objects of the Issue

To Meet Working Capital Requirements
General Corporate Purpose
To meet Public Issue Expenses

Contact Information

Registered Office Jay Jalaram Technologies Ltd Office No.103, Shail Mall, B/H. Girish Cold Drink, Shilp Char Rasta, C. G. Road, Navrangpura, Ahmedabad -380009
Phone 079 4899 5415
Email cs@koremobiles.com
Website http://www.koremobiles.com/

Registrar Details

Name Link Intime India Private Limited
Phone +91-22-4918 6270
Email jjtl.ipo@linkintime.co.in
Website https://linkintime.co.in/mipo/ipoallotment.html

IPO Reservation

Anchor Investor Shares Offered -
Market Maker Shares Offered 1,50,000 (5.00%)
Other Shares Offered 14,25,000 (47.50%)
Retail Shares Offered 14,25,000 (47.50%)
Total Shares Offered 30,00,000 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 73.04%

Contact Us to Enable Your Success!