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Jhandewalas Foods Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

₹ 16.01 cr

Price Range (₹)

₹ 55

Lot Size

2000

Min Investment (₹)

₹ 1,10,000.00

Listing Exchange

BSE - SME

Open Date

29-Dec-2017

Close Date

04-Jan-2018

Listing Date

12-Jan-2018

Latest IPO News

    The Shares of Jhandewalas Foods Ltd have now been listed.

    Jhandewalas Foods Ltd IPO Details

    Public issue of 29,10,000 equity shares of a face value of Rs. 10/- each (the equity shares) of Jhandewalas Foods Limited (The Company or JFL or The Issuer) for cash at a price of Rs. 55/- per equity share (including a share premium of Rs. 45.00 per equity share) (Issue Price) aggregating to Rs. 16.0l crores (The Issue) of which 1,50,000 equity shares aggregating to Rs. 0.83 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 27,60,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 55.00 per equity share aggregating to Rs. 15.18 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 28.36% and 26.90%, respectively of the post issue paid up equity share capital of the company.The Face value of the equity shares is Rs. 10 each and the issue price of Rs. 55 is 5.50 times of the face value.

    Objective of issue

    Funding of working capital requirements of the company.

    Jhandewalas Foods Ltd Contact Details

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

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - cs.jfpl@namans.co.in

    Website - www.jhandewalas.com