The Jhandewalas Foods IPO date has been confirmed from December 29, 2017 and ended on January 4, 2018. Read the post to learn about Jhandewalas Foods IPO GMP.
Using an IPO, Jhandewalas Foods is seeking to raise Rs 16.01 crores. Its price is ₹55 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹110,000.
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Key Details Of Jhandewalas Foods IPO
Bidding Dates
Dec 29-Jan 4
Price Range
₹55 per share
Face Value
INR 10 per share
GMP
₹23.04
Jhandewalas Foods IPO GMP
The Jhandewalas Foods Limited IPO Today GMP is ₹23.04.
Jhandewalas Foods IPO Overview
The Jhandewalas Foods IPO is a fixed-price offering for Rs 16.01 crores. The IPO bidding for Jhandewalas Foods began on December 29, 2017 and closed on January 4, 2018. On January 12, 2018, the shares were listed on the BSE SME. The IPO price for Jhandewalas Foods is 55 per share. The Jhandewalas Foods Limited IPO Today GMP is ₹23.04. A lot size of 2000 shares is required for an application. Retail investors must make a minimum commitment of $100,000.
Jhandewala Foods brands and range of products:
- Naman’s – Naman’s Desi Ghee, Naman’s gold ghee, Mangodi (a traditional dish made of green grams & black eyed peas), Poha (flattened rice), Naman’s Kesar and Naman Daliya.
- Godhenu – Godhenu Cow Ghee.
Jhandewalas Foods IPO Details
| IPO Date | December 29, 2017 to January 4, 2018 |
| Listing Date | January 12, 2018 |
| Face Value | ₹10 per share |
| Price | ₹55 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 2,910,000 shares (aggregating up to ₹16.01 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 150,000 shares |
Jhandewalas Foods IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹110,000 |
| Retail (Max) | 1 | 2000 | ₹110,000 |
Jhandewalas Foods IPO Listing Details
| Listing Date | January 12, 2018 |
| BSE Script Code | 540850 |
| NSE Symbol | |
| ISIN | INE841Y01019 |
| Final Issue Price | ₹55 per share |
Company Profile
Jhandewala Foods Ltd, founded in 2006, is a Jaipur, Rajasthan-based manufacturer of food goods like as ghee and mangodi. In addition, the company markets Poha, Saffron, and Dalia. These items are offered under the brand names “Naman’s” and “Godhenu.” Jhandewala Foods’ quality management systems have been approved by the Food Safety and Standards Authority of India (FSSAI). The company’s manufacturing facility is in Jaipur, Rajasthan. The company employs 84 employees.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Jhandewalas Foods Limited |
| Phone number | +91 141 2703309 |
| Email ID | [email protected] |
| Website | jhandewalas.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Jhandewalas Foods IPO FAQs
When Jhandewalas Foods IPO will open?
The Jhandewalas Foods IPO opens on December 29, 2017 and closes on January 4, 2018.
What is the lot size of Jhandewalas Foods IPO?
Jhandewalas Foods IPO lot size is 2000 Shares, and the minimum amount required is ₹110,000.
When is Jhandewalas Foods IPO listing date?
The Jhandewalas Foods IPO listing date is on January 12, 2018.
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