Jiwanram Sheoduttrai Industries Limited

Company Profile
Company Name Jiwanram Sheoduttrai Industries Limited
Open Date 08-09-2023
Close Date 12-09-2023
Exchange NSE SME
Lot Size 6000 Shares
Issue Price ₹23 per share
Issue Size 7,422,000 Equity Shares
Application Amount ₹138,000
Recommendation Risk_Averse - Should Wait Risk_Seekers - Should Apply
Company is engaged in the manufacturing and export of the Industrial Safety Gloves and Garments which provides customized solutions in the field of Industrial Safety. The endeavour is complimented with the manufacturing facilities at Baruipur, Nandankanan and Falta SEZ West Bengal. Products are well accepted for its quality which covers all manufacturing range of Gloves, Industrial Garments and other protective PPEs and solution basket for the Industrial Safety. Company is majorly engaged in the business of manufacturing and exporting for various brands. Jiwanram Sheoduttrai Industries Limited began manufacturing PPEs in 1997 and has since grown to establish manufacturing facilities and export to countries such as the United States of America, Spain, Germany, and Belgium. The company has differentiated its business lines to make the most of its in-house potential. Over the past two decades, JSIL has made its presence known around the world, particularly in Europe, America, and the Middle East, and has expanded to over twenty countries. JSIL is a globally renowned manufacturer of Industrial Garments and Gloves and exporter of head-to-toe safety wear, workwear, and more.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-23 Mar-22 Mar-21
Total Assets 12,112.32 11,377.21 12,104.13
Net Assets 4,802.35 4,428.26 4,307.13
Total Borrowings 5,258.98 5,230.91 4,883.39
Total Revenue 4,598.40 3,414.88 3,281.34
Profit After Tax 404.26 149.71 2.92

Tentative Timeline

Opening Date 08-09-2023
Closing Date 12-09-2023
Basis of Allotment 15-09-2023
Initiation of Refunds 18-09-2023
Credit of Shares to Demat 20-09-2023
Listing Date 21-09-2023

Objects of the Issue

To meet the working capital requirements.
Prepayment and repayment of all or a portion of certain unsecured loans availed by the company.
General Corporate Purpose and to meet the offer expenses.

Contact Information

Registered Office Jiwanram Sheoduttrai Industries Limited 30D Jawaharlal Nehru Road, 2nd Floor, Kolkata- 700016
Phone +91 33 4016 9500
Email investor@jiwan.co.in
Website https://www.jiwanramgroup.com//

Registrar Details

Name Cameo Corporate Services Limited
Phone +91-44-28460390
Email investor@cameoindia.com
Website https://ipo.cameoindia.com/

IPO Reservation

Other Shares Offered 50% of the net offer
Retail Shares Offered 50% of the net offer

Shareholding Pattern

Pre Issue Share Holding 100%
Post Issue Share Holding 70.01%

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