Business Standard

Jay Jalaram Technologies Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

10.80 cr

Price Range (₹)

36

Lot Size

3000

Min Investment (₹)

1,08,000.00

Listing Exchange

NSE - SME

Open Date

26-Aug-2022

Close Date

30-Aug-2022

Listing Date

08-Sept-2022

Jay Jalaram Technologies Ltd News

    The Shares of Jay Jalaram Technologies Ltd have now been listed.

    Jay Jalaram Technologies Ltd IPO Details

    Public issue of 3000000 equity shares of face value of Rs. 10 each of Jay Jalaram Technologies Limited (JJTL or the Company or the Issuer) for cash at a price of Rs. 36 per equity share including a share premium of Rs. 26 per equity share (the Issue Price) aggregating to Rs. 10.80 crores (The Issue), of which 150000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 36 per equity share including a share premium of Rs. 26 per equity share aggregating to Rs. 0.54 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 2850000 equity shares of face value of Rs. 10 each at a price ofRs. 36 per equity share including a share premium of Rs. 26 per equity share aggregating to Rs. 10.26 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 26.95% and 25.61%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 Rs. 36/- the issue price is 3.6 times of the face value.

    Objective of issue

    To Meet Working Capital Requirements. General Corporate Purposes.

    Jay Jalaram Technologies Ltd Contact Details

    Jay Jalaram Technologies Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - cs@koremobiles.com

    Website - www.koremobiles.com