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Jash Engineering Limited IPO

Add to Calendar 2017-09-28 12:00 AM 2017-10-03 12:00 AM Asia/Kolkata Jash Engineering Limited IPO Jash Engineering Limited India

Jash Engineering Limited is engaged in the manufacture of products related to water control gates. The company has around 500 employees.

Date of establishment: Jash Engineering was established in 1994.  

Product & Service Offering: Jash Engineering manufactures water control gates, knife gates valves, energy dissipating valves, industrial valves for bulk solids handling, trickling filters, dissolved air flotation (DAF) units, pressure sand filters etc. for water, water waste and effluent treatment plants.

Promoters of Jash Engineering Ltd.: The promotors of the firm are Mr. Laxminandan Amin, Mr. Pratik Patel, Ms. Bhairavi Patel and Mr. Harsh Patel.

Customer segment: The company offers its products to clients in water pumping and treatment industry.

Objects of the Issue: The objects of the issue are:
-     Working capital requirements including expansion of manufacturing units
-     Issue related expenses
-     Funds for exit of PFIL including OFS and pre IPO placement

Company Financial

 

Particulars

For the year/period ended (in Rs. Lakhs)
 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

  

Total Assets

18,249.25

16,134.57

15,743.84

11,929.89

12,753.49

  

Total Revenue

14,782.78

11,305.26

11,201.46

10,581.79

7,697.44

  

Profit After Tax

1,051.05

874.73

783.37

806.35

248.19

  

Issue Detail

  • Issue Open: Sep 28, 2017
  • Issue Close: Oct 03, 2017
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 115 - Rs 120 Per Equity Share
  • Bid Lot:1200 Shares
  • Minimum Order Quantity:1200 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 48.01 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Day 0 - Sep 28, 2017IST 0 252,000 48,000 - - 300,000
Day 1 - Sep 29, 2017IST 1,802,400 334,800 304,800 - - 2,442,000

Listing Day Trading Information

- BSE NSE
Issue Price - Rs 120.00
Open - Rs 144.00
Low - Rs 143.80
High - Rs 144.00
Last Trade - Rs 144.00
Volume - 232,800

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