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Jash Engineering Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE SME SME Live Chart
Issue Price
₹120
Per Share
GMP
NIL
Grey Market
Est. Listing
₹120
Expected Price
Min. Application
₹288,000
2 lots × 1200 shares
IPO Issue Details
Issue Price / Price Band₹120 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size40,00,800 shares (aggregating up to ₹48.01 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 28 Sep 2017
Subscription CloseTue, 03 Oct 2017
Anchor AllotmentWed, 27 Sep 2017
Basis of AllotmentMon, 09 Oct 2017
Initiation of RefundsTue, 10 Oct 2017
Credit of Shares to DematTue, 10 Oct 2017
Listing DateWed, 11 Oct 2017
UPI Mandate Deadline2017-10-03
Application & Investment Details
Retail — Min (1 Lots)₹1,44,000 — 1,200 shares
Retail — Max (13 Lots)₹1,872,000 (13 Lots)
HNI — Min (2 Lots)₹2,88,000 — 2,400 shares
Net Offer to Public38,00,400 shares (aggregating up to ₹45.60 Cr)
Reserved for Market Maker2,00,400 shares (aggregating up to ₹2.40 Cr)
Pre-IPO Promoter Holding95,75,400 shares
Post-IPO Promoter Holding1,18,36,598 shares
Fresh Issue Shares20,60,798 shares (aggregating up to ₹24.73 Cr)
Offer for Sale Shares17,39,602 shares of ₹10 (aggregating up to ₹20.88 Cr)
About Jash Engineering Ltd.

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.

Objects of the Issue

Jash Engineering Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
To meet working capital requirement of the Company, Expansion of Manufacturing facilities at Unit III, to acquire land in SEZ Pithampur and then to set- up a new manufacturing plant (i.e. Unit IV) in SEZ Pithampur to cater to increased export business resulting out of acquisition of Rodney Hunt in USA and Mahr Maschinenbau GmbH in Austria and for General Corporate Purpose.
23.13
2
Fund required for exit of Pragati Fund India Limited including OFS and Pre IPO placement
20.88
Shareholding & Lock-in
Pre-IPO Promoter Holding 95,75,400 shares
Post-IPO Promoter Holding 1,18,36,598 shares
Check AllotmentCheck Status →
Jash Engineering Ltd. — Live Price LIVE
₹120.00
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Issue ₹120.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹120
GMPNIL
Est. Listing₹120
Lot Size1,200 shares
Min Amount₹288,000
Listing Date11 Oct 2017
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹120
Listing Date11 Oct 2017
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 200,400 ₹2.40 Cr
TOTAL 4,000,800 100.00% ₹48.01 Cr
* Based on ₹120.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,200
Shares
Issue Price
₹120.00
Per Share
Min Investment
₹144,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,200 ₹144,000
Retail (Max) 13 15,600 ₹1,872,000
sNII (Min) 14 16,800 ₹2,016,000
bNII (Min) 68 81,600 ₹9,792,000
Company Financials — Restated Consolidated (Amount in Rs Cr)
ParticularsFY 2024-25FY 2023-24FY 2022-23
Revenue from Operations N/A N/A N/A
EBITDA N/A N/A N/A
Profit After Tax (PAT) N/A N/A N/A
Net Worth N/A N/A N/A
Total Assets N/A N/A N/A
Reserves & Surplus N/A N/A N/A
Total Borrowings N/A N/A N/A
Financial data will be published once the company files its DRHP/RHP with SEBI.
Key Ratios & Valuation
Issue Price ₹120
Face Value ₹10 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW N/A
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Jash Engineering Ltd.
Exchange
NSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
31, Sector-C, Sanwer Road Industrial Area, Indore, Madhya Pradesh, 452015
Book Running Lead Managers
Systematix Corporate Services Ltd
Book Running Lead Manager (BRLM)