Business Standard

Jakharia Fabric Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

19.66 cr

Price Range (₹)

180

Lot Size

800

Min Investment (₹)

1,44,000.00

Listing Exchange

NSE - SME

Open Date

29-Jun-2018

Close Date

03-Jul-2018

Listing Date

11-Jul-2018

Jakharia Fabric Ltd News

    The Shares of Jakharia Fabric Ltd have now been listed.

    Jakharia Fabric Ltd IPO Details

    Public issue of 10,92,000 equity shares of Rs.10 each (equity shares) of Jakharia Fabric Limited (jfl or the company) for cash at a price of a Rs. 180 per share (the issue price), aggregating to Rs.19.66 Crores (the issue), of which 60,000 equity shares of Rs.10 each will be reserved for subscription by market makers to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 10,32,000 equity shares of Rs.10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.87% and 25.39%, respectively of the post issue paid up equity share capital of the company.The face value of the equity share is Rs.10 and the issue price is 18 times of the face value.

    Objective of issue

    To Finance the setting up of processing unit through M/s Jakharia Industries at Tarapur MIDC. General Corporate Expenses.

    Jakharia Fabric Ltd Contact Details

    Jakharia Fabric Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - info@jakhariafabric.com

    Website - www.jakhariafabric.com