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18 July 2019

IPO Synopsis

Jinaam's Dress Ltd
Registered Office: Plot No 524 Road No 5 GIDC,Sachin , Surat - 394230 , Gujarat , India.
Phone : 91-261-2398505   Fax:
Email :  cs@jinaamdresses.com  
Website :  www.jinaam.com
Initial public issue of 72,00,000 equity shares of face value of (Rs)10 each ("equity shares") of Jinaam's Dress Limited (the "company" or the "issuer") for cash at a price of (Rs)59 per equity share including a share premium of (Rs)49 per equity share (the "issue price"), aggregating upto (Rs)42.48 Crores (the "issue") of which 3,60,000 equity shares of face value (Rs)10 each for cash at a price of (Rs)59 per equity share aggregating (Rs)2.12 Crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 68,40,000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)59 per equity share, aggregating (Rs)40.36 Crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 32.31% and 30.70% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10 each and the issue price is (Rs)59 per equity share.The issue price is 5.9 times of the face value of the equity shares. The minimum lot size is 2000 equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
09-Apr-19 15-Apr-19 (Rs)59.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 42.48
SMC Capitals Ltd
Project Financed through Current Offer 42.48  
Post Issue Equity Share Capital 22.28  
Issue Price (Rs)59.00  
 
Projects
Purchase of MachineryRepayment/Pre-payment of certain Debt facilities availed by the company
Augmenting the Long term Working Capital Requirements of the companyGeneral Corporate Purposes
Promoted By
Rahul Hemraj Oswal  
Vishal Hemraj Oswal  
Pritam Hemraj Oswal  
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd 
 
Toll Free number: 1800-425-5501 / 1800-103-5501
FINANCIAL TOOLS