A and M Jumbo Bags IPO is all about to make its debut on 29 Jan 2018 with issue size of INR 4 Cr
A & M Jumbo Bags Limited, an Ahmadabad-based firm founded in 2011, manufactures and supplies polyethylene jumbo bags as well as flexible intermediate bulk containers (FIBCs), which are utilised in industrial and commercial packaging units. These bags are employed in the packaging of a variety of materials, including chemicals, fertilizers, pharmaceuticals, polymers, cement, minerals, food grains, and other items intended for human consumption. For the bulk transportation of industrial raw materials, semi-finished goods, and finished goods, FIBCs are frequently utilised.
These bags, which come in a box or drum shape, are commonly known as bulk bags, big-sized bags, or Flexible Intermediate Bulk Containers, and are used globally. They are made from PP UV stabilised nylon, polypropylene, or HDPE fabric, and have four corner loops for effortless handling. They also contain top and bottom spouts, which make it simple to fill with material and release it, and which can even be used to control the rate of discharge.
Industry overview
It is important to analyse the Flexible Intermediate Bulk Container (FIBC) Manufacturing Industry at both the macro and micro levels, regardless of whether domestic or international markets are involved. On a broad scale, the manufacturing sector includes the FIBC manufacturing industry. hence, a general image of when examining the FIBC manufacturing industry, the manufacturing sector should come first. The manufacturing sector is made up of a variety of industries, which in turn have a wide range of goods or subclasses. One such significant industry in the broader Manufacturing sector is “Plastic and Plastic Products Industry,” which in turn includes a number of subsectors, one of which is “FIBC Manufacturing Industry.”
As a result, the manufacture of FIBCs should be examined in the context of the larger “Plastic and Plastic Products Industry.” The forecast for the broader economy, the performance and expectations of the manufacturing sector, the position and outlook of the FIBC manufacturing industry, and Microanalysis of the plastics and plastic products industry and the FIBC section.
A and M Jumbo Bags IPO Details
| IPO Date | Jan 29, 2018 to Feb 2, 2018 |
| Listing Date | Feb 12, 2018 |
| Face Value | ₹10 per share |
| Price | ₹65 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 616,000 shares(aggregating up to ₹4.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
A and M Jumbo Bags IPO Tentative Dates
A and M Jumbo Bags IPO opens on Jan 29, 2018, and closes on Feb 2, 2018.
| Event | Tentative Date |
| Opening Date | Jan 29, 2018 |
| Closing Date | Feb 2, 2018 |
| Basis of Allotment | Feb 7, 2018 |
| Initiation of Refunds | Feb 8, 2018 |
| Credit of Shares to Demat | Feb 9, 2018 |
| Listing Date | Feb 12, 2018 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
Objects of the Issue
The following are the purposes for which the company intends to apply the net proceeds from the Issue:
1. Needs for Working Capital
2. Overarching Corporate Goals
A and M Jumbo Bags IPO Prospectus
Company Contact Information
A and M Jumbo Bags Limited
Block No.-100, Bhagwati Rice Mill,
Opp. Hp Petrol Pump, Jetalpur,
Daskroi Ahmedabad 382426
Phone: +91 9173398575;
Email: investor@aandmjumbobags.com
Website: http://www.aandmjumbobags.com/
A and M Jumbo Bags IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
A and M Jumbo Bags IPO Lead Manager(s)
- Pantomath Capital Advisors Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
