Gajanand International IPO Date : Gajanand International IPO Date is Open on 9 September 2024 and Close on 11 September 2024. Gajanand International IPO to Raise 5,736,000 shares (Approx ₹20.65 Cr) via IPO. The Fresh issue of 5,736,000 shares (Approx ₹20.65 Cr).
Our Company have a manufacturing infrastructure with a factory engaged in producing contamination-free and sustainable cotton. Through our offerings, we aim to provide a satisfying experience. We are known in the market for offering service to our consumers. Since our inception, we have established our foothold in this competitive market, and our Cotton range is given to clients at affordable costs.
Our Company also has a warehouse and a packaging facility in our infrastructure unit. The warehouse is maintained in a hygienic condition, ensuring freedom from both moisture and insects. Additionally, our infrastructure is organized into different sections for the systematic storage of our product line. This arrangement facilitates swift product identification and smooth product shipping processes.
Our Products-
- Mech1 Cotton
- Shankar6 Cotton
- DCH 32
- Khol
Gajanand International Success lies in the strength of our relationship with our customers who have been associated with our company for continuous period. We get the orders from our customers domestically. Our promoters, directors through their experience and good relations with customers owing to timely and quality delivery of products plays an instrumental role in creating and expanding a work platform of our company. Our Customers are located in the state of Gujrat, Maharastra, Tamil Nadu, Madhya Pradesh and Pradesh
Gajanand International IPO Date & Price Band Details
| IPO Open Date | 9 Sep 2024 |
|---|---|
| IPO Close Date | 11 Sep 2024 |
| IPO Size | 5,736,000 shares (Approx ₹20.65 Cr) |
| Fresh Issue | 5,736,000 shares (Approx ₹20.65 Cr) |
| Lot Size | 3000 Shares |
| IPO Face Value | ₹10 Per Equity Share" |
| IPO Price Band | ₹36 Per Every Share |
| IPO Listing On | NSE SME |
| IPO Retail Quota | 50% |
| IPO QIB Quota | -% |
| IPO NII Quota | 50% |
| DRHP Draft | Click Here |
| Anchor Investor | Click Here |
Gajanand International IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 3000 | ₹108,000 |
| Retail Maximum | 1 | 3000 | ₹108,000 |
| S-HNI Minimum | 2 | 6000 | ₹216,000 |
Object of the Issue
- To meet out the Working Capital requirements of the Company.
- To meet out the General Corporate Purposes.
- To meet out the Issue Expenses.
Gajanand International IPO Allotment & Listings (Details)
| IPO Open Date | 9 Sep 2024 |
|---|---|
| IPO Close Date | 11 Sep 2024 |
| Basis of Allotment | 12 Sep 2024 |
| Refunds | 13 Sep 2024 |
| Credit to Demat Account | 13 Sep 2024 |
| IPO Listing Date | 16 Sep 2024 |
Gajanand International Financial Reports
| ₹ in Crores | |||
|---|---|---|---|
| Year | Revenue | Expense | PAT |
| 2024 | ₹108.75 | ₹105.74 | ₹2.24 |
| 2023 | ₹73.42 | ₹71.54 | ₹1.41 |
| 2022 | ₹61.76 | ₹61.72 | ₹0.03 |
Our Company Promoters
- Mr. Ashok Bhagvanbhai Monsara
- Mrs. Truptiben Ashokbhai Monsara
- Mr. Ashish Dhirajlal Monsara
Qualitative Factors
- Good track record.
- Government support Textile industry.
- Leveraging the experience of our Promoters.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with our consumers.
- Quality assurance and control.
Comparison of Accounting Ratios with Listed Peer Group Companies
| Company Name | Face Value | EPS | P/E Ratio | Ro NW (%) | NAV Per | Revenue (₹ in Lakhs) |
|---|---|---|---|---|---|---|
| Gajanand International Limited | 10.00 | 1.54 | 23.66 | 11.41% | 13.51 | 199.29 |
| Peer Group | ||||||
| Arvind Limited | 10.00 | 13.49 | 28.77 | 1.27% | 126.06 | 31255.00 |
| Trident Limited | 10.00 | 0.84 | 52.09 | 0.84% | 8.10 | 42739.00 |
| Axita Cotton Limited | 1.00 | 0.87 | 30.92 | 0.87% | 2.66 | 1708.74 |
Also Read: Trafiksol ITS Technologies IPO
Gajanand International Company Contact Details
Survey No. 1257/1266, Jasdan-Atkot Road near Bypass Circle, Jasdan,
Rajkot, Jasdan, Gujarat, India, 360050
Tel No.: +91-9909446110;
E-mail: info@gajanand-int.com
Website: www.gajanand-int.com
Gajanand International Lead Manager
FAST TRACK FINSEC PRIVATE LIMITED
Office No. V-116,1st Floor, New Delhi House, 27, Barakhamba
Road, New Delhi – 110001 IN
Tel No.: +91-11-43029809
Contact Person: Ms. Sakshi / Ms. Meenakshi
Email:mb@ftfinsec.com; investor@ftfinsec.com
Website: www.ftfinsec.com
Gajanand International IPO Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153 A, 1st Floor, Okhla Industrial Area, Phase – I, New Delhi110020
Tel No: +91-11-40450193-97;
Contact Person: Mr. Anuj Rana
Email: ipo@skylinerta.com
Website: www.skylinerta.com
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