A and M Jumbo Bags IPO

A and M Jumbo Bags IPO

A and M Jumbo Bags IPOBusiness description - A and M Jumbo Bags is engaged in manufacturing and supply of High Density Polyethylene (HDPE)/Polypropylene (PP) Jumbo Bags, Flexible Intermediate Bulk Container (FIBC). The manufacturing unit of the company as well as its registered office is situated at Block 100, Bhagwati Rice Mill, Opp. H.P. Petrol Pump, Jetalpur, Ahmedabad. The manufacturing facility is well equipped with required facilities including machinery, other handling equipment to facilitate smooth manufacturing process.

The company offers solutions for various technical issues which the customers face in using FIBCs. It also helps and designs customized FIBCs, by offering complete range of FIBC for packaging all possible products including, food products, chemicals, liquids, etc.

Promoters of A and M Jumbo Bags – Pratish Shah and Gita Patel
A and M Jumbo Bags IPO details
Subscription Dates 29 Jan - 2 Feb 2018
IPO Price band INR65 per share
Fresh issue 616,000 shares (INR4 crore)
Offer for sale Nil
Total IPO size 616,000 shares (INR4 crore)
Minimum bid (lot size) 2,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Use of funds
  • Working Capital Requirements - INR2.73 crore
  • General Corporate Expenses - INR0.77 crore
A and M Jumbo Bags' financial performance (in INR lakh)
  FY2013 FY2014 FY2015 FY2016 FY2017 5M FY2018
Total revenue 170.7 385.5 438.9 452.6 523.9 221.6
Total expenses 170.4 385.1 438.8 454.5 488.6 188.9
Profit after tax 0.2 0.3 -0.1 -1.8 24.4 22.6
A and M Jumbo Bags Contact Details

A and M Jumbo Bags Limited
Block No.-100, Bhagwati Rice Mill
Opp. Hp Petrol Pump, Jetalpur
Daskroi, Ahmedabad 382426

Phone: +91 9173398575
Email: [email protected]
Website: www.aandmjumbobags.com

A and M Jumbo Bags IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.90
Day 2 1.24
Day 3 1.65
Day 4 2.64
Day 5 7.06
A and M Jumbo Bags Valuation (Latest FY)

Earnings Per Share (EPS): INR6.53

Price/Earnings (P/E) ratio: 9.95

Return on Net Worth (RONW): 61.37%

Net Asset Value (NAV): INR10.65 per share

Registrar of A and M Jumbo Bags IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
 [email protected]
Website: www.bigshareonline.com

A and M Jumbo Bags IPO Allotment Status

A and M Jumbo Bags IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

Listing performance of A and M Jumbo Bags

IPO Opening Date: 29 January 2018

IPO Closing Date: 2 February 2018

Finalisation of Basis of Allotment: 7 February 2018

Initiation of refunds: 8 February 2018

Transfer of shares to demat accounts: 9 February 2018

Listing Date: 12 February 2018

Listing Price on NSE SME: INR70.5 per share (up 8.46% from IPO price)

Closing Price on NSE SME: INR66.55 per share (up 2.38% from IPO price)

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