Jayant Infratech Limited IPO Detail
Incorporated in 2003, Jayant Infratech primarily undertakes Railway Infrastructure Development work. It is a technology-driven company with excellence in Railway Electrification and Infrastructure projects. The company is engaged in designing, drawing, supplying, erection, and commissioning of 25KV, 50Hz Single Phase Traction Overhead Equipment.
Large public and private sector companies such as Eastern Railway, South Eastern Railway, South East Central Railway, Northern Railway, East Coast Railway, and North Frontier Railway are the key clients served by the firms.
Competitive Strengths
- Long-term experience in railway electrification segment.
- Exemplary project execution track record.
- Highly satisfied customer base.
- Experienced promoters and managers.
Company Promoters
Mr. Nilesh Jobanputra is the promoter of the company.IPO Details
| IPO Opening Date | Jun 30, 2022 |
| IPO Closing Date | Jul 05, 2022 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹67 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | BSE SME |
| Issue Size | ₹6.19 Cr |
| Fresh Issue | 924,000 shares of ₹10 (aggregating up to ₹6.19 Cr) |
| Offer for Sale | - |
| Retail Portion | 50% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | - | - | 0.58x | 0.17x | 0.37x | |
| Day 2 | - | - | 0.58x | 0.29x | 0.43x | |
| Day 3 | - | - | 0.82x | 0.97x | 0.90x | |
| Day 4 | - | - | 4.23x | 3.76x | 4.00x |
IPO Tentative Timetable
The Jayant Infratech Limited IPO open date is Jun 30, 2022, and the close date is Jul 05, 2022. The issue may list on Jul 13, 2022.
| IPO Open Date | Jun 30, 2022 |
| IPO Close Date | Jul 05, 2022 |
| Basis of Allotment Date | Jul 08, 2022 |
| Initiation of Refunds | Jul 11, 2022 |
| Credit of Shares to Demat Account | Jul 12, 2022 |
| IPO Listing Date | Jul 13, 2022 |
IPO Lot Size
The Jayant Infratech Limited IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹134000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹134000 |
| Maximum | 1 | 2000 | ₹134000 |
IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 71.44% |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 2266.83 | 3416.73 | 131.92 |
| 31-Mar-21 | 2884.16 | 3550.87 | 139.58 |
| 31-Dec-21 | 2991.5 | 2414.6 | 112.64 |
Objects of the Issue:
The company aims to utilize the net proceeds for the following objectives;
- To make payment of Security Deposit for renting office space.
- Working capital requirements.
- General corporate purposes.
Jayant Infratech Limited IPO Registrar:
Bigshare Services Pvt Ltd
Jayant Infratech Limited IPO Lead Manager(s):
Gretex Corporate Services Pvt Ltd (Past IPO Performance)
Company Contact Information:
Jayant Infratech Limited
Mangal Smriti Bajpai Ground,
Tilak Nagar, Bilaspur, 495001
Chhattisgarh
