The Jyothi Laboratories IPO is a book-built offering for Rs 305.69 crore. The IPO bid for Jyothi Laboratories began on November 22, 2007 and ended on November 27, 2007. On December 19, 2007, the shares were listed on the BSE and NSE. The IPO price range for Jyothi Laboratories is set at 620 to 690 per share. An application requires a minimum lot size of 10 shares. Retail investors must make a minimum investment of $6,900.
Jyothi Laboratories Limited is a consumer goods firm that manufactures and sells fabric care, home insecticide, surface cleaning, personal care, and air care products. The company sells branded products such as fabric whitener, insect repellant, dishwashing detergent, bath products, and incense. Jyothi Laboratories manufactures its products at 21 manufacturing sites spread over 14 locations in India. Ujala, Maxo, Exo, Jeeva, and Maya are the company’s core brands. Ujala is the company’s oldest and best-selling brand, and it includes fabric whitener,
fabric stiffener, and washing powder. Jyothi Laboratories total consolidated gross sales have increased at a compound annual growth rate (CAGR) of almost 10% during the last three fiscal years. Total consolidated gross sales for the fiscal year ended June 30, 2006 were Rs. 3,663.01 million, Rs. 3,294.57 million, and Rs. 2,797.46 million for the nine months ended March 31, 2007 and 2006, respectively.
Total consolidated net sales for the fiscal year ended June 30, 2006 were Rs. 3019.33 million, Rs. 2775.47 million, and Rs. 2285.74 million for the nine months ended March 31, 2007 and 2006, respectively. Profit after tax for the fiscal year ended June 30, 2006 was Rs. 398.85 million, and for the nine months ended March 31, 2007 and 2006, it was Rs. 395.69 million and Rs. 301.84 million, respectively.
Jyothi Laboratories IPO Details
| IPO Date | November 22, 2007 to November 27, 2007 |
| Listing Date | December 19, 2007 |
| Face Value | ₹5 per share |
| Price Band | ₹620 to ₹690 per share |
| Lot Size | 10 Shares |
| Total Issue Size | 4,430,260 shares (aggregating up to ₹305.69 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Jyothi Laboratories IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10 | ₹6,900 |
| Retail (Max) | 28 | 280 | ₹193,200 |
Objects of the Issue (Jyothi Laboratories IPO Objectives)
- The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and to raise capital
- to carry out the divestment of 4,430,260 equity shares by our selling shareholders.
Jyothi Laboratories IPO Listing Details
| Listing Date | December 19, 2007 |
| BSE Script Code | 532926 |
| NSE Symbol | JYOTHYLAB |
| ISIN | INE668F01031 |
| Final Issue Price | ₹690 per share |
Jyothi Laboratories Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹690.00 | ₹690.00 |
| Open | ₹799.00 | ₹895.00 |
| Low | ₹752.60 | ₹741.15 |
| High | ₹880.00 | ₹895.00 |
| Last Trade | ₹793.70 | ₹741.15 |
Jyothi Laboratories Limited Contact Details
Jyothi Laboratories Limited
43, Shivshakti Industrial Estate,
Andheri-Kurla Road,
Marol, Mumbai 400 059
Phone: (91 22) 2850 2470
Email: [email protected]
Website: http://www.jyothylaboratories.com
Jyothi Laboratories IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in
Jyothi Laboratories IPO FAQs
Q1. What is the Jyothi Laboratories IPO?
Ans. Jyothi Laboratories IPO is a main-board IPO of 4,430,260 equity shares with a face value of ₹5, aggregating up to ₹305.69 crore. The issue is priced at ₹620 to ₹690 per share. The minimum order quantity is 10 shares. The IPO opens on November 22, 2007, and closes on November 27, 2007. Link Intime India Private Ltd. is the registrar for the IPO. The shares are proposed to be listed on the BSE and NSE.
Q2. When Jyothi Laboratories IPO will open?
Ans. The Jyothi Laboratories IPO opens on November 22, 2007 and closes on November 27, 2007.
Q3. What is the lot size of Jyothi Laboratories IPO?
Ans. Jyothi Laboratories IPO lot size is 10 Shares, and the minimum amount required is ₹6,900.
Q4. When is Jyothi Laboratories IPO allotment?
Ans. The finalization of Basis of Allotment for Jyothi Laboratories IPO will be done on [.], and the allotted shares will be credited to your demat account by [.].
Q5. When is Jyothi Laboratories IPO listing date?
Ans. The Jyothi Laboratories IPO listing date is on December 19, 2007.
