Jakharia Fabric IPO

Jakharia Fabric IPOBusiness description - Jakharia Fabric is engaged in the business of dyeing and processing of fabrics on job work basis for other textile companies as well as for own manufacturing product lines. The company procures Grey Fabric from the market and further dyes and finishes the same as per the client’s requirements on the basis of quality of the fabric, sizing requirements etc. The company also outsources certain processes like weaving of the fabric and printing as per the demand of the customers based on the quality required. The company manufactures and processes the fabric especially suitable for Shirtings. Jakharia Fabric is in process of setting up an additional processing facility at Plot No. J1/1, MIDC Tarapur Industrial Area, Boisar, Palghar – 401 506. This facility is being set up through M/s Jakharia Industries, which is a Partnership Firm, wherein Jakharia Fabric is a partner. The Partnership firm intends to carry on business of preparing spinning doubling texturing weaving, winding, knitting, scouring, sizing, bleaching, colouring, dying, printing and finishing and processing working or manufacturing in any way whatsoever of cotton, linen, wool synthetics and various other textile products.

Promoters of Jakharia Fabric – Jignesh Shah, Nitin Shah and Dixit Shah
Jakharia Fabric IPO details
Subscription Dates 29 June - 3 July 2018
IPO Price band INR180 per share
Fresh issue 1,092,000 shares (INR19.66 crore)
Offer for sale Nil
Total IPO size 1,092,000 shares (INR19.66 crore)
Minimum bid (lot size) 800 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Use of funds
  • Part finance the setting up of processing unit through M/s. Jakharia Industries - INR18.10 crore
  • General corporate purposes
  • Issue expenses
Jakharia Fabric's  financial performance (in INR crore)
FY2013 FY2014 FY2015 FY2016 FY2017 9M FY2018
Total revenue 47.9 75.8 89.2 77.2 77.0 53.8
Total expenses 47.3 71.4 82.8 70.6 71.9 51.7
Profit after tax 0.8 3.6 4.3 4.5 3.4 1.9
Jakharia Fabric's Contact Details

Jakharia Fabric Limited
Office No. 1224, Deoji Nagar
Narpoli Village, Bhiwandi
Thane– 421 302

Phone: +91 025 2227 8892
Email: [email protected]
Website: www.jakhariafabric.com

Jakharia Fabric IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.67
Day 2 0.95
Day 3 1.15

 

Jakharia Fabric Valuation (For FY2017)

Earnings Per Share (EPS): INR12.37

Price/Earnings (P/E) ratio: 14.55

Return on Net Worth (RONW): 16.97%

Net Asset Value (NAV): INR67.20 per share

Registrar of Jakharia Fabric 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

Jakharia Fabric IPO Allotment Status

Jakharia Fabric IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

Listing performance of Jakharia Fabric

IPO Opening Date: 29 June 2018

IPO Closing Date: 3 July 2018

Listing Date: 11 July 2018

Listing Price on NSE SME: INR181.35 per share (up 0.75% from IPO price)

Closing Price on NSE SME: INR182 per share (up 1.11% from IPO price)

Jakharia Fabric IPO
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