Jinaams Dress Ltd IPO

Closed

IPO Subscription Details

  • Open Date 09 Apr
  • Close Date 15 Apr
  • Lot Size 2000
  • IPO Size ₹ 42.48 Cr
  • IPO Price Range ₹ 59
  • Min Investment ₹ 118000

IPO Synopsis

Initial public issue of 72,00,000 equity shares of face value of Rs.10 each (equity shares) of Jinaams 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.

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 Jinaams Dress Ltd IPO

Contact Information

Address

Plot No 524 Road No 5 GIDC,
Sachin,
Surat, Gujarat 394230

Jinaams Dress Ltd IPO Lead Manager

SMC Capitals Ltd