Jay Jalaram Technologies Ltd - IPO

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