Jash Engineering Ltd IPO is about to debut on 28 September 2017, with an issue size of 48.01CR.
Jash Engineering is based in Gwalior, MP. It manufactures a wide range of products used in water intake systems, water and wastewater pumping stations and treatment plants, stormwater pumping stations, water transmission lines, power, steel, cement, paper & pulp, petrochemicals, chemicals, fertilizers, and other process plants.
Jash Engineering has a strong presence in both the domestic and international markets. The company exports its products to over 40 countries worldwide and has established a network of distributors and agents in various regions. With its commitment to quality and innovation, it is well-positioned to continue its growth and success in the years to come.
Industry Overview
Jash Engineering has a strong presence in the Indian market and also exports its products to countries worldwide. The company has a reputation for high-quality products and excellent customer service and has won several awards for its innovation and excellence in engineering.
In addition to its core business of water control gates and valves, Jash Engineering also offers turnkey solutions for water supply and wastewater treatment projects. The company has a team of experienced engineers and project managers who work closely with clients to provide customized solutions that meet their needs.
Jash Engineering IPO Details
| IPO Date | Sep 28, 2017 to Oct 3, 2017 |
| Listing Date | Oct 11, 2017 |
| Face Value | ₹10 per share |
| Price | ₹115 to ₹120 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 4,000,800 shares(aggregating up to ₹48.01 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
Jash Engineering IPO Listing Details
| Listing Date | Oct 11, 2017 |
| BSE Script Code | |
| NSE Symbol | JASH |
| ISIN | INE039O01011 |
| Final Issue Price | ₹120 per share |
Objects of the Issue
The object of the issue are:
1. To meet the working capital requirements of the Company which include the Expansion of Manufacturing facilities at Unit III and setting up a new manufacturing plant in SEZ Pithampur;
2. Fund required for the exit of Pragati Fund India Limited including OFS and Pre IPO placement;
3. To meet the Offer Expenses.
Jash Engineering IPO Prospectus
Company Contact Information
Jash Engineering Limited
31, Sector-C, Sanwer Road
Industrial Area,
Indore 452015
Phone: +91-731-6732700
Email: info@jashindia.com
Website: http://www.jashindia.com
Jash Engineering IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: jash.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Jash Engineering IPO Lead Manager(s)
- Systematix Corporate Services Limited (Past IPO Performance)
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