Jash Engineering Ltd IPO


IPO Details

  • Open Date 28-Sep-17
  • Close Date 03-Oct-17
  • Lot Size 1200
  • IPO Size ₹ 48.01 Cr
  • IPO Price Range ₹ 120
  • Min Investment ₹ 144000
  • Listing Exchange -
  • Basis of Allotment TBA
  • Refunds TBA
  • Credit to Demat Account TBA
  • Listing Date TBA

IPO Synopsis

Initial public offering of 40,00,800 equity shares of face value of Rs.10 each (equity shares) of Jash Engineering Limited (the company or the issuer) for cash at a price of Rs.120 per equity share including a share premium of Rs. 110 per equity Share (the offer price), aggregating to Rs. 48.01 Crores (the offer) comprising of a fresh issue of 22,61,198 equity shares By the company aggregating to Rs. 27.13 crores (the fresh issue) and an offer for sale of 17,39,602 equity shares aggregating up to Rs. 20.88 Crores by Pragati India Fund Limited, (the selling shareholder) (offer for sale). And together With fresh issue (the offer). The offer comprises 2,00,400 equity shares of face Value of Rs.10 each for cash at a price of Rs.120 per equity share, aggregating up to Rs. 2.40 Crores reserced for subscription by the market maker to the offer (the market maker reservation portion). The offer less market maker reservation portion i.e. 38,00,400 equity shares of face value of Rs.10 each for cash at a price of Rs.120 per equity share, aggregating Rs.45.60 crores is hereinafter referred to as the net offer. The offer and the net offer will constitute 33.80% and 32.11%, respectively of the post offer paid up equity share Capital of the company. The face value of the equity shares is Rs.10 each. The offer price is Rs.120 is 12.00 times the face value of each equity shares.

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Jash Engineering Ltd IPO

Contact Information

31 Sector-C Industrial Area,
Sanwer Road,
Indore, Madhya Pradesh 452015

Jash Engineering Ltd IPO Lead Manager

Systematrix Corporate Services Ltd