Jiwanram Sheoduttrai Industries IPO Details

Open Date

08 Sep 2023

12 Sep 2023

6000 shares

Rs. 17.07 Cr

Lot Size

IPO Size

Listing At

NSE SME

Listing  Date

Price Range

₹23 per share

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Close Date

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Allotment Date

15 Sep 2023

21 Sep 2023

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IPO Details

Jiwanram Sheoduttrai Industries Limited, founded in 1997, manufactures and sells Industrial Safety Gloves and Garments. The company manufactures and exports industrial garments and gloves, as well as head-to-toe safety clothing, workwear, and other items. It has manufacturing plants in Baruipur, Nandankanan, and the Falta SEZ in West Bengal.

About the Company

The company intends to utilize the net proceeds from the issue towards the funding of the following objects: To meet the working capital requirements. Prepayment and repayment of all or a portion of certain unsecured loans availed by the company. General Corporate Purpose and to meet the offer expenses.

Objective

The book-running lead managers to the offer are: Affinity Global Capital Market  Private Ltd

Book Runners

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