08 Sep 2023
12 Sep 2023
Rs. 17.07 Cr
₹23 per share
15 Sep 2023
21 Sep 2023
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.
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.
The book-running lead managers to the offer are: Affinity Global Capital Market Private Ltd