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Siddharth Education IPO: GMP, Price, Size & Dates

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Siddharth Education IPO: GMP, Price, Size & Dates

Siddharth Education Services Limited, established in 1997, specializes in providing tutorial coaching services to students pursuing professional courses in India. The company focuses on delivering tutorial services for various programs such as company secretary, chartered accountancy, cost and management accountancy, and CFA courses. With a track record spanning over two decades, company has become a trusted name in the field of professional education. 

Presently, the company operates four centers under its direct management and boasts a team of 22 experienced faculty members. Their tutorial programs are meticulously designed to offer students a comprehensive and structured approach to learning. By adopting a simple and lucid teaching methodology, Siddharth Education Services aims to provide students with effective and efficient education. 

Siddharth Education

Siddharth Education IPO Details 

IPO Date Sep 29, 2017 to Oct 5, 2017 
Listing Date Oct 12, 2017 
Face Value ₹10 per share 
Price ₹30 to ₹35 per share 
Lot Size 4000 Shares 
Total Issue Size 3,108,000 shares 
(aggregating up to ₹10.88 Cr) 
Issue Type Book Built Issue IPO 
Listing At BSE SME 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Siddharth Education IPO Listing Details 

Listing Date Oct 12, 2017 
BSE Script Code 540736 
NSE Symbol  
ISIN INE930X01012 
Final Issue Price ₹35 per share 

Industry Overview 

The industry has experienced a positive growth trajectory, driven by factors such as increasing literacy rates, rising disposable incomes, and a growing emphasis on skill development. The need for specialized education and training programs, such as those offered by Siddharth Education Services, has become crucial for students aiming to excel in professional fields like company secretary, chartered accountancy, cost and management accountancy, and CFA. 

As for the industry’s compound annual growth rate (CAGR), it can vary depending on specific segments and market conditions. However, the education sector in India has generally exhibited a healthy growth rate over the years. Factors like government initiatives, technological advancements, and changing educational preferences contribute to the industry’s growth potential. 

Objects of the Issue 

The object of the issue are: 

1. Establishment of new Coaching Centres 
2. Acquisition of human resource training centres 
3. Digital marketing and online training 
4. General corporate purpose 

Siddharth Education IPO Prospectus

Company Contact Information

Siddharth Education Services Ltd
101 1st Floor Chirag Arcade,
Behind Nagrik Stores E R Road,
Thane (West) – 400601
Phone: +91-22-25334903
Email: siddharth_academy@yahoo.co.in
Website: http://www.siddharthacademy.com

Siddharth Education IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/

Siddharth Education IPO Lead Manager(s)

  1. Gretex Corporate Services Pvt Ltd (Past IPO Performance)

Goldstar Power IPO: GMP, Issue Size & Price

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Goldstar Power IPO: GMP, Issue Size & Price

Goldstar Power IPO is about to debut on 27 September 2017, with an issue size of 7.25CR. Goldstar Power Ltd is a battery manufacturing company that was incorporated in 1999. The company has its flagship brand called “Star Gold” under which it markets its products. Goldstar Power procures battery scrap and discarded batteries from dealers and retailers and then converts them into finished products. The company’s product range comprises different types of batteries, including automotive batteries, tubular batteries, SMF series batteries, VRLA batteries, solar batteries, pure lead, and alloy batteries.

The batteries produced by Goldstar Power are generally used as replacements by car owners rather than as stock batteries by car manufacturers. The company caters to all three segments of the market, including exports, the domestic/after-sales market, and OEM. Goldstar Power has a widespread customer base with its domestic customers located in various regions of the country, and its international customers spread across different countries like Uganda, Nepal, and Lebanon.


Industry Overview 


India’s economy is on a path of rapid growth, with a target GDP growth rate of 8-9%. However, to achieve this growth, it is crucial that the country’s power infrastructure is up to par. As of January 31, 2013, India has the fifth-largest generation capacity in the world, with over 211 GW installed. While the industrial sector currently has the highest demand for electricity, the domestic and commercial sectors are also expected to experience an increase in demand. The government is planning to increase the share of power generated from renewable sources to meet this demand.

To achieve its power generation and transmission capacity addition targets, along with the growth of infrastructure and other industrial sectors, it is important that India’s electrical equipment industry maintains a high rate of growth and responds to domestic and global changes effectively. This can be achieved by enhancing employee productivity, upgrading manufacturing practices, and product innovation, among other initiatives. Government participation is necessary to accelerate this growth process and provide a level playing field for domestic equipment manufacturers to compete in both domestic and international markets with other multinational players.

Goldstar Power IPO Details

IPO DateSep 27, 2017 to Sep 29, 2017
Listing DateOct 10, 2017
Face Value₹10 per share
Price₹25 per share
Lot Size6000 Shares
Total Issue Size2,900,000 shares(aggregating up to ₹7.25 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME

Company Financials 

FY2013FY2014FY2015FY2016FY2017
Total revenue62.049.241.340.555.0
Total expenses60.850.042.141.054.2
Profit after tax0.70.3-0.7-0.40.9
Homesfy Realty IPO: GMP, Price, Dates, Issue Size



Objects of the Issue

The object of the issue are:

1. Funding the working capital requirements of the Company
2. General Corporate Purpose

Goldstar Power IPO Prospectus

Company Contact Information

Goldstar Power Ltd
Behind Post-Hapa,
Ravi Petrol Pump High-Way Road,
Jamnagar – 361120
Phone: +91-0288-2571120
Email: cs@goldstarpower.com
Website: http://www.goldstarpower.com

Goldstar Power IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: goldstar.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Goldstar Power IPO Lead Manager(s)

  1. Pantomath Capital Advisors Pvt Ltd (Past IPO Performance)

Milton Industries IPO: GMP, Price, Size & Dates

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Milton Industries IPO: GMP, Price, Size & Dates

Milton Industries Limited, a company established in 1985, is an Ahmedabad-based manufacturer and exporter specializing in Laminates, Artificial Leather cloth, and Glass Fibre Reinforced Epoxy (GFRE) Sheets. The company’s laminates find diverse applications on walls, doors, windows, cupboards, tabletops, hotels, cash counters, and home kitchens, among others. They offer a wide range of laminates suitable for various purposes. Additionally, Milton Industries produces PVC Coated Fabrics, which are in high demand by government agencies such as the Indian Railways and State Transport Corporations of different states. These fabrics are also exported to numerous countries. 

Milton Industries operates two manufacturing units situated in Mehsana and Sabarkantha, both located in Gujarat. Their comprehensive development process encompasses design, development, testing, manufacturing, and timely delivery of their products. With a strong emphasis on quality and innovation, the company ensures that their laminates, artificial leather cloth, and GFRE Sheets meet the highest standards in the industry. By catering to both domestic and international markets, Milton Industries has established itself as a reliable and respected player in the industry, known for delivering durable and aesthetically pleasing products. 

Milton Industries

Milton Industries IPO Details 

IPO Date Sep 29, 2017 to Oct 6, 2017 
Listing Date Oct 16, 2017 
Face Value ₹10 per share 
Price ₹34 per share 
Lot Size 4000 Shares 
Total Issue Size 4,200,000 shares 
(aggregating up to ₹14.28 Cr) 
Issue Type Fixed Price Issue IPO 
Listing At NSE SME 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Milton Industries IPO Listing Details 

Listing Date Oct 16, 2017 
BSE Script Code  
NSE Symbol MILTON 
ISIN INE376Y01016 
Final Issue Price ₹34 per share 

Industry Overview 

The laminates produced by Milton Industries are versatile materials used in various applications, such as walls, doors, windows, cupboards, tabletops, hotels, cash counters, and home kitchens. These laminates provide durability and aesthetic appeal to the surfaces they are applied to. Additionally, the company produces PVC Coated Fabrics that are sold to government agencies like the Indian Railways and State Transport Corporations, as well as exported to different countries. 

As for the industry’s Compound Annual Growth Rate (CAGR), it would require specific market research data to provide an accurate figure. The CAGR represents the average annual growth rate of an industry over a specific period of time. This rate can vary depending on several factors, including market demand, competition, economic conditions, and technological advancements. Without access to the latest market data, I’m unable to provide the industry’s specific CAGR. It’s advisable to consult industry reports, market analysis, or financial institutions for the most up-to-date and accurate information on the industry’s growth rate. 

Objects of the Issue 

The proceeds from the Public Issue will be utilized towards the following objects: 
1. To Meet Working Capital Requirement 
2. General Corporate Purpose 
3. To Meet the Issue Expenses 

Milton Industries IPO Prospectus

Company Contact Information

Milton Industries Limited
1/2, Chitra-Ami Appartment,
Opp. La Gajjar Chamber,
Ashram Road, Ahmedabad 380009
Phone: +91-79-26584193
Email: cs@miltonindustries.in
Website: http://www.miltonindustries.in

Milton Industries IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

Milton Industries IPO Lead Manager(s)

  1. Swastika Investmart Ltd (Past IPO Performance)

Reliable Data Services IPO: GMP, Price & Issue Size

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Reliable Data Services IPO: GMP, Price & Issue Size

Reliable Data Services IPO is about to debut on 27 September 2017, with an issue size of 14.82CR. Reliable Data Services is an IT service provider based in Delhi that has been operating since 2001. The company offers a range of IT-enabled services to banks, financial institutions, and manufacturing industries. Reliable Data has expanded its business through nine subsidiary companies.

The company’s services include transaction processing services such as cheque and draft processing, back-office support for bank clearances, and coordinating fund activities. They also offer human resource services including recruitment solutions, payroll processing, and outsourcing solutions related to manpower. Management services provided by Reliable Data include business consulting, system design for budgetary control, and financial projections. In addition, they offer other services like digitization of records, bulk data entry, and IPO handling.

Industry Overview

The services sector is a major contributor to India’s economic growth, accounting for 66.1% of Gross Value Added in 2015-16 and attracting the most FDI inflows. In FY 2016-17, the sector grew by 7.74% to reach Rs 21.43 trillion. The Indian mobile services market is expected to reach $37 billion in 2017 and grow to $103.9 billion by 2020. The digital classifieds industry is also projected to triple to $1.2 billion by 2020, driven by horizontal classifieds.


The services sector in India is impacted by both local and international factors. It’s predicted that the facilities management market will grow by 17% from 2015 to 2020, crossing the $19 billion mark, thanks to the booming real estate, retail, and hospitality industries. FY17 looks promising for the trade, hotels and restaurants, and transport, storage, and communication sectors. And the financing, insurance, real estate, and business services sectors are expected to keep doing well in FY17.

Reliable Data IPO Details

IPO DateSep 27, 2017 to Oct 3, 2017
Listing DateOct 11, 2017
Face Value₹10 per share
Price₹57 per share
Lot Size2000 Shares
Total Issue Size2,600,000 shares(aggregating up to ₹14.82 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME

Company Financials (in INR crore)

FY2013FY2014FY2015FY2016FY2017
Total revenue13.614.819.019.020.5
Total expenses11.913.017.017.518.9
Profit after tax1.11.21.41.01.0
Uma Converter IPO: GMP, Price, Dates, Issue Size

Objects of the Issue

The proceeds from the public issue will be utilized for the following objects:
1. To Meet Working Capital Requirement
2. Pre-payment of Loan
3. To meet Capital Expenditure
4. General Corporate Purpose
5. To Meet the Issue Expenses

Reliable Data IPO Prospectus

  ›  Reliable Data IPO RHP

Company Contact Information

Reliable Data Services Limited
GF-22, Hans Bhawan,
1, Bahadur Shah Zafar Marg, ITO,
New Delhi, East Delhi 110002
Phone: +91-120-4089177
Email: cs@rdspl.com
Website: http://www.rdspl.com

Reliable Data IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email:
Website: https://www.skylinerta.com/

Reliable Data IPO Lead Manager(s)

  1. Swastika Investmart Ltd (Past IPO Performance)

Vanta Bioscience IPO: GMP, Price, Issue Size & Dates

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Vanta Bioscience IPO: GMP, Price, Issue Size & Dates

Vanta Bioscience IPO is about to debut on 25 September 2017, with an issue size of 7.56CR. Vanta Bioscience Ltd (VBL), established in 1995, is a contract research organization that specializes in providing safety assessment services. They cater to a wide range of industries including pharmaceuticals, medical devices, nutraceuticals, biotech, agrochemicals, cosmetics, and chemicals. Their services include toxicology, batch release tests, biocompatibility studies, chemical safety, and diet formulation.

VBL also offers risk assessment services to evaluate the safety of various products such as Active Pharmaceutical Ingredients (API), excipients, extractable and leachable, and pharmaceutical impurities resulting from manufacturing processes or product degradation. They also provide expert services to determine health-based exposure limits like permitted daily exposure (PDE) or allowable daily exposure (ADE), including occupational exposure limits (OEL) for pharmaceutical manufacturers. With a strong focus on quality and innovation, VBL has established itself as a reliable partner for clients seeking preclinical contract research services.


Industry Overview

The Indian pharmaceutical industry is expected to grow at a rate of over 15% per annum between 2015 and 2020, making it one of the fastest-growing pharmaceutical markets in the world. By 2020, the industry is projected to reach a value of US$ 55 billion, becoming the sixth-largest pharmaceutical market globally. Branded generics currently dominate the Indian pharmaceutical market, accounting for nearly 80% of the market share in terms of revenues.

Furthermore, India has maintained its edge over China in pharmaceutical exports, with a year-on-year growth rate of 11.44% to US$ 12.91 billion in FY 2015-16. The country’s pharmaceutical exports are also expected to continue growing at a rate of 8-10% in FY 2016-17. Meanwhile, imports of pharmaceutical products have seen a marginal increase of 0.80% year-on-year, reaching a value of US$ 1,641.15 million.


Vanta Bioscience IPO Details

IPO DateSep 25, 2017 to Sep 27, 2017
Listing DateOct 6, 2017
Face Value₹10 per share
Price₹50 per share
Lot Size3000 Shares
Total Issue Size1,512,000 shares(aggregating up to ₹7.56 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
Lloyds Luxuries IPO: GMP, Price, Dates, Issue Size


Objects of the Issue

The objects of the Net Proceeds of the Issue are:

1. Augmenting additional working capital requirements;
2. General Corporate Purposes.

Vanta Bioscience IPO Prospectus

Company Contact Information

Vanta Bioscience Ltd
NO 02/G/308/G, NO 3/FF/SF/1-20-248 Umajay Complex,
Rasoolpura, Secunderabad,
Hyderabad � 500 003
Phone: +91 40 6657 5454
Email: info@vantabio.com
Website: http://www.vantabio.com

Vanta Bioscience IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

Vanta Bioscience IPO Lead Manager(s)

  1. Inventure Merchant Banker Services Pvt Ltd (Past IPO Performance)

RKEC Projects IPO:GMP, Price, & Issue Size

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RKEC Projects IPO:GMP, Price, & Issue Size

RKEC Projects IPO is about to debut on 25 September 2017, with an issue size of 28.7CR. RKEC Projects Limited is an Indian infrastructure civil engineering construction company established in 2005. They specialize in Civil Construction and have experience in building Highways, roads, and bridges. The company designs and executes construction projects such as bridges, ports, dams, high-rise structures, airports, cross water, roads, highways, oil and gas pipelines, and environmental structures. Their client base is diverse and includes the Defence sector, Railways, Ports, Adani Port, Vedanta Ltd, IVRCL Limited, Rashtriya Ispat Nigam Limited, and ESSAR.


Industry Overview

The company is primarily engaged in the business of Civil Construction, specializing in the construction of highways, roads, and bridges. They are also involved in designing and executing construction projects that encompass a wide range of infrastructure, including bridges, ports, dams, high-rise structures, airports, cross water, roads, highways, oil and gas pipelines, and environmental structures.

Their clientele is diverse and includes organizations in the Defence sector, Railways, Ports, Adani Port, Vedanta Ltd, IVRCL Limited, Rashtriya Ispat Nigam Limited, and ESSAR. The company is committed to delivering high-quality infrastructure projects that meet or exceed its client’s expectations. With a focus on innovation and sustainability, RKEC Projects Limited has earned a reputation as a trusted partner for infrastructure development in India.


RKEC Projects IPO Details

IPO DateSep 25, 2017 to Sep 28, 2017
Listing DateOct 9, 2017
Face Value₹10 per share
Price₹45 per share
Lot Size3000 Shares
Total Issue Size6,378,000 shares(aggregating up to ₹28.70 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME

Company Financials (in INR crore)

FY2013FY2014FY2015FY2016FY2017
Total revenue81.358.671.7113.5200.1
Total expenses77.155.568.7108.3180.0
Profit after tax2.81.12.03.213.1
Droneacharya Aerial Innovations IPO: GMP, Price, Dates, Issue Size

Objects of the Issue

The object of the issue are:

1. To meet working capital requirement
2. General corporate purpose

RKEC Projects IPO Prospectus

Company Contact Information

RKEC Projects Ltd
Door No.10-12-1 Rednam Alcazar,
Old Jail Road Rednam Gardens,
Visakhapatnam – 530020
Phone: +91-891-2574517
Email: info@rkecprojects.com
Website: http://www.rkecprojects.com

RKEC Projects IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

RKEC Projects IPO Lead Manager(s)

  1. Hem Securities Limited (Past IPO Performance)

Mehai Technology IPO: GMP, Price, and Dates

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Mehai Technology IPO: GMP, Price, and Dates

Mehai Technology IPO is about to debut on 25 September 2017, with an issue size of 6.00CR. Mehai Technology Ltd was established in 2013 and is primarily engaged in the manufacture of a variety of LED products, including bulbs, fixtures, moonlight bulbs, and tube lights. The company is also involved in the assembly of pen drives and power banks. Its products are sold through a network of distributors and dealers who place orders for their respective markets. Mehai Technology Ltd predominantly utilizes online portals, including Flipkart, eBay, Amazon, Shopclues, and PayTM, to sell its products.

The company is currently in the process of developing IC-based LED bulbs, which will enable them to position its brand among other renowned LED lighting manufacturers. Additionally, they plan to expand their offerings by venturing into the manufacturing of pen drives in the near future.


Industry Overview

The Indian government’s focus on rural electrification and energy efficiency has been the driving force behind the lighting market, particularly for CFLs. Various programs such as Rajiv Gandhi Grameen Vidyutikaran Yojana and BYL have been implemented in the past few years, with over 50% of households receiving subsidized replacement of ICL technology with CFL variants. The government is also the largest customer of lighting products for urban housing, airports, railways, and highways. 

In his budget speech, Finance Minister Jaitley announced that 100% electrification of villages will be achieved by May 1, 2019, and the government has allocated Rs 4,843 crore for electrification in the financial year 2017-18. This further highlights the government’s commitment to rural electrification and the potential growth of the lighting market, particularly for energy-efficient solutions.


Mehai Technology IPO Details

IPO DateSep 25, 2017 to Sep 28, 2017
Listing DateOct 9, 2017
Face Value₹10 per share
Price₹40 per share
Lot Size3000 Shares
Total Issue Size1,500,000 shares(aggregating up to ₹6.00 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME

Company Financials

FY2014FY2015FY2016FY2017
Total revenue–61.5124.4522.4
Total expenses0.11.31.543.2
Profit after tax0.01.11.530.7
Rex Sealing And Packing Industries IPO:GMP, Price, Dates, Issue Size

Objects of the Issue

The objects of the Issue are:

1. To meet the working capital requirements of the Company;
2. General Corporate Purposes;
3. Issue Expenses.

Mehai Technology IPO Prospectus

Company Contact Information

Mehai Technology Ltd
64, Thatha Muthiappan Street,
2nd Floor, Broadway,
Chennai � 600001
Phone: 044-43165050
Email: mehai.technology@gmail.com
Website: http://www.mehaitech.com

Mehai Technology IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

Mehai Technology IPO Lead Manager(s)

  1. Spa Capital Advisors Ltd (Past IPO Performance)

Airo Lam IPO: GMP, Price and Issue Size

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Airo Lam IPO: GMP, Price and Issue Size

Airo Lam IPO is about to debut on 25 September 2017, with an issue size of 15.02CR. Airo Lam Limited, established in 2007, is a prominent manufacturer and supplier of high-pressure decorative laminates worldwide. The company offers various products such as laminated sheets, pre-laminated boards, and laminated floorings under various brands like Classico, Airolam, I-Lam, and more. These laminates are widely used in kitchen and bathroom furniture, workshops, interior doors, countertops, and interior wall linings.

Airo Lam Limited caters to a diverse range of customers including homes, offices, schools, colleges, hospitals, hotels, shopping malls, food courts, airports, and more through a network of dealers. They have a vast distribution network of approximately 70 dealers and 4 stock points nationwide. Moreover, the company also exports its products to countries like UAE, Syria, Kuwait, Bangladesh, Dubai, Singapore, Iran, etc.

Industry Overview

The company offers a wide range of decorative laminates, pre-laminated boards, and laminated floorings under various brands. These products find applications in various sectors such as residential, commercial, and industrial, including kitchen and bathroom furniture, workshops, interior doors, countertops, and interior wall linings.

Airo Lam Limited has a strong distribution network of approximately 70 dealers and 4 stock points across the country. The company also exports its products to several countries, thereby expanding its reach in the international market. With its focus on quality and innovation, Airo Lam Limited has carved a niche for itself in the laminates industry, and its products are widely recognized for their durability and aesthetic appeal.


Airo Lam IPO Details

IPO DateSep 25, 2017 to Sep 27, 2017
Listing DateOct 6, 2017
Face Value₹10 per share
Price₹36 to ₹38 per share
Lot Size3000 Shares
Total Issue Size4,000,000 shares(aggregating up to ₹15.20 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME


Company Financials

FY2013FY2014FY2015FY2016FY2017
Total revenue55.264.267.264.171.5
Total expenses53.162.064.961.668.6
Profit after tax1.41.51.61.71.9
QMS Medical Allied Services IPO: GMP, Price, Dates, Issue Size

Objects of the Issue

The object of the issue are:

1. Funding the working capital requirements of the Company
2. General Corporate Purpose

Airo Lam IPO Prospectus

Company Contact Information

Airo Lam Ltd
Survey No. 355,
Nananpur Road, N.H. No.8,
Village- Dalpur , Tahsil-Prantij – 383 12
Phone: +91 2770-240572
Email: info@airolam.com
Website: http://www.airolam.com

Airo Lam IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: airolam.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Airo Lam IPO Lead Manager(s)

  1. Pantomath Capital Advisors Pvt Ltd (Past IPO Performance)

Jash Engineering IPO: GMP, Issue Size & Issue Price

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Jash Engineering IPO: GMP, Issue Size & Issue Price

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 DateSep 28, 2017 to Oct 3, 2017
Listing DateOct 11, 2017
Face Value₹10 per share
Price₹115 to ₹120 per share
Lot Size1200 Shares
Total Issue Size4,000,800 shares(aggregating up to ₹48.01 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME

Jash Engineering IPO Listing Details

Listing DateOct 11, 2017
BSE Script Code
NSE SymbolJASH
ISININE039O01011
Final Issue Price₹120 per share
Stove Kraft IPO: GMP, Issue Size, Issue price, IMP Dates.

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)

  1. Systematix Corporate Services Limited (Past IPO Performance)

Innovative tyres IPO: GMP, Price, Dates & size

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Innovative tyres IPO: GMP, Price, Dates & size

Innovative tyres IPO is about to debut on 22 September 2017, with an issue size of 28.34CR. Established in 1995, Innovative Tyres & Tubes Ltd is a manufacturer and seller of bias tires in India. The company provides a comprehensive range of tires and tubes for various modes of transportation such as motorcycles, scooters, three-wheelers, passenger vehicles, light trucks, trucks, buses, and special purpose vehicles under their brand name “Innovative”. The company’s product line includes highway sizes, Off The Road (OTR) highway sizes, agriculture, and industrial tyres, and they also cater to original equipment manufacturers.

In addition, the company has a strong business relationship with major tyre manufacturer Ceat Ltd and operates a manufacturing plant located in Halol, Gujarat, producing all segments of Nylon Tyres. Innovative Tyres & Tubes Ltd serves domestic markets, after-sales markets, OEMs, and exports its products to various countries such as the Philippines, the United Arab Emirates, Peru, Latin America, and more.


Industry Overview


The Indian economy has made progress in restoring macroeconomic stability, which has been sustained. Real GDP growth during the first half of the year was 7.2 percent, slightly lower than the projected range of 7.0-7.75 percent in the Economic Survey 2015-16 and lower than the 7.6 percent recorded in the second half of the previous year. The decline in fixed investment was a major issue as companies struggled with stressed balance sheets, impacting their spending plans. However, the economy received a boost from government consumption due to the implementation of the 7th Pay Commission salary recommendations, and an export recovery began as demand increased in advanced countries. Nominal GDP growth rebounded to healthy levels, reversing the worrisome dip that had occurred in the first half of the previous year.


Innovative Tyres IPO Details

IPO DateSep 22, 2017 to Sep 26, 2017
Listing DateOct 5, 2017
Face Value₹10 per share
Price₹42 to ₹45 per share
Lot Size3000 Shares
Total Issue Size6,297,000 shares(aggregating up to ₹28.34 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME

Company Financials

FY2013FY2014FY2015FY2016FY2017
Total revenue103.0126.6130.5125.9132.5
Total expenses100.8123.2125.8121.7126.4
Profit after tax0.82.34.11.94.1
Containe Technologies IPO: GMP, Price, Dates, Issue Size

Objects of the Issue

The objects of the Issue are:

1. Expansion of existing facility;
2. Long term working capital requirement;
3. General Corporate Purposes.

Innovative Tyres IPO Prospectus

Company Contact Information

Innovative Tyres & Tubes Ltd
1201, 1202, 1203 � GIDC Halol,
Panchmahals � 389350

Phone: +91 267 6220621
Email: investors@innovativetyres.co.in
Website: http://www.innovativetyres.com

Innovative Tyres IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: itatl.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Innovative Tyres IPO Lead Manager(s)

  1. Pantomath Capital Advisors Pvt Ltd (Past IPO Performance)
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