Jhandewalas Foods IPO is all about to make its debut on 29 Dec 2017 with issue size of INR 16.01 Cr
Jhandewala Foods Ltd., a 2006 incorporation situated in Jaipur, Rajasthan, manufactures culinary items including ghee and mangodi. Additionally, the company markets Dalia, Poha, and saffron. The brand names “Naman’s” and “Godhenu” are used to promote these goods.
The Food Safety and Standards Authority of India (FSSAI) has granted Jhandewala Foods certification for its quality control procedures. The company’s production facility is situated in Rajasthan’s Jaipur. 84 people were employed by the company.
INDUSTRY OVERVIEW
Gross domestic product (“GDP”) for the Indian economy was estimated at Rs. 151.84 lakh crore in the fiscal year 2017 (current prices), representing an increase of 11.0 percent over the estimated GDP for the fiscal year 2016 (current prices), which was estimated at Rs. 136.82 lakh crore (Source: Central Statistical Office of India’s Ministry of Statistics andProgramme).
The Indian food business is expected to see rapid expansion, boosting its annual contribution to the global food trade. Due to its enormous potential for value addition, particularly within the food processing industry, the food sector has become one of India’s fastest-growing and most lucrative industries. The value of the food industry is now . By 2018, it is anticipated that US$ 39.71 billion would increase to US$ 65.4 billion at a Compounded Annual Growth Rate (CAGR) of 11%. About 31% of India’s consumption is made up of food and groceries. Nearly 32% of India’s overall food market is made up of the food processing industry.
Jhandewalas Foods IPO Details
| IPO Date | Dec 29, 2017 to Jan 4, 2018 |
| Listing Date | Jan 12, 2018 |
| Face Value | ₹10 per share |
| Price | ₹55 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 2,910,000 shares(aggregating up to ₹16.01 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
Company Financials
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | Q1 FY2018 | |
| Total revenue | 115.9 | 152.0 | 141.5 | 142.8 | 148.7 | 33.8 |
| Total expenses | 115.0 | 150.2 | 139.2 | 141.2 | 144.8 | 32.9 |
| Profit after tax | 0.8 | 1.2 | 1.8 | 0.9 | 2.4 | 0.6 |
Objects of the Issue
The Issue’s goals are:
1. Funding the Company’s need for operating capital
2. Issue Expenses.
Jhandewalas Foods IPO Prospectus
Company Contact Information
Jhandewalas Foods Limited
B-70, 1st Floor, Upasana House,
Janta Store, Bapu Nagar,
Jaipur 302015
Phone: +91 141 2703309
Email: cs.jfpl@namans.co.in
Website: http://www.jhandewalas.com/
Jhandewalas Foods IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Jhandewalas Foods IPO Lead Manager(s)
- Guiness Corporate Advisors Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
