Jakharia Fabric IPO is set to make its debut on 29 June 18 with 19.66 Cr is a company 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.
Jakharia Fabric IPO – overview
| IPO Dates | 29 June -10 July 18 |
| IPO Price | INR 180 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 1,092,000 shares (INR 19.66 crore) |
| Minimum bid (lot size) | 800 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Company Overview
Incorporated in 2007, Maharashtra based Jakharia Fabric Limited is a company 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 the quality of the fabric, sizing requirements etc. It also outsources certain processes like the 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 the Company is a partner. The Partnership firm intends to carry on the business of preparing spinning doubling texturing weaving, winding, knitting, scouring, sizing, bleaching, coloring, dying, printing and finishing and processing working or manufacturing in any way whatsoever of cotton, linen, wool synthetics and various other textile products.
The Company has set-up two (2) processing
Objects of the Issue
1 Part finance the setting up of processing unit through M/s. Jakharia Industries at Tarapur, MIDC.
2. Funding Expenditure for General Corporate Purposes
Company Financials
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
| Total Assets | 5,843.80 | 5,954.17 | 5,044.23 |
| Total Revenue | 7,702.84 | 7,723.49 | 8,917.25 |
| Profit After Tax | 338.82 | 446.17 | 432.86 |
Company Contact Information
Jakharia Fabric Limited
Office No. 1224, Deoji Nagar
Narpoli Village, Bhiwandi,
Thane- 421 302
Phone: +91-25- 2227 8892
Email: info@jakhariafabric.com
Website: http://www.jakhariafabric.com/
Jakharia Fabric IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Jakharia Fabric IPO Lead Manager(s)
- Aryaman Financial Services Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
