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Jay Jalaram Technologies Ltd.

Jay Jalaram Technologies Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹36
₹36
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹36
Based on GMP
Min. Investment
₹108,000
1 lot × 3000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
26 Aug 2022
Close Date
30 Aug 2022
Allotment
05 Sep 2022
Listing Date
08 Sep 2022
Exchange
NSE SME
Price Band
₹36
Listing Price
See chart
Allotment Status
Price Band
₹36
Per share
Face Value
₹10 per share
 
Lot Size
3,000 Shares
per lot
Issue Size
30,00,000 shares (aggregating up to ₹10.80 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹108,000
1 lot
Pre-IPO Holding
81,30,000 shares
Promoters
Post-IPO Holding
1,11,30,000 shares
Promoters
P/E (Pre)
46x
 
UPI Deadline
2022-08-30
Mandate
Anchor AllotmentThu, 25 Aug 2022
Basis of AllotmentMon, 05 Sep 2022
Refund InitiationTue, 06 Sep 2022
Demat CreditWed, 07 Sep 2022
Listing DayThu, 08 Sep 2022
UPI Mandate Deadline2022-08-30
Sale TypeFresh Capital
Net Offer to Public28,50,000 shares (aggregating up to ₹10.26 Cr)
Market Maker Quota1,50,000 shares (aggregating up to ₹0.5400 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Jay Jalaram Technologies Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 30 Aug 2022.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
150,000
₹0.54
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
3,000,000
100% ₹10.80
IPO Shares Offered
Jay Jalaram Technologies Ltd. IPO total issue size: ₹10.80 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 150,000 ₹0.54
5.00%
Total 3,000,000 ₹10.80
100.00%
* Based on upper price band ₹36 per share
Lot Size & Investment
Lot Size
3,000
Shares per Lot
Issue Price
₹36.00
Upper Band
Min Investment
₹108,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)26,000₹216,000
Retail (Max — 13 Lots)1339,000₹1,404,000
S-HNI (Min — 14 Lots)1442,000₹1,512,000
B-HNI (Min — 68 Lots)68204,000₹7,344,000
* Issue Price ₹36 × Lot Size 3,000 shares
IPO Schedule
Anchor
25 Aug 2022
✓ Done
IPO Open
26 Aug 2022
✓ Done
IPO Close
30 Aug 2022
✓ Done
Allotment
05 Sep 2022
✓ Done
Refunds
06 Sep 2022
✓ Done
Demat Credit
07 Sep 2022
✓ Done
Listing Day
08 Sep 2022
✓ Done
Jay Jalaram Technologies Ltd. — Live Price LIVE
₹36.00
INR · NSE
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Issue ₹36.00 Live Price
About Jay Jalaram Technologies Ltd.
Incorporated in 2012, Jay Jalaram Technologies Limited is engaged in multi-brand retail selling of Smart Phones and allied asscessories from manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, and Xiaomi. The company also offers multi-brand retail selling of consumer durable electronics goods like Smart TVs, Air Conditioners, Fridges, Coolers etc. from brands like TCL, Haier, Diakin, Voltas, Mi, Realme, OnePlus, Xiaomi, and Skytron.The company operate under the brand name "KORE". As of April 30, 2022, Jay Jalaram Technologies operates from a total of 82 stores across the state of Gujarat. Out of 82 stores 10 are company-owned retail outlets, 65 are franchisee owned and franchise-operated branch retail stores ("FOFO Model") and 7 are franchisee owned and company operated branch retail stores ("FOCO Model").The company's other business vertical includes an exclusive dealership of Electric Bikes, its spare parts and accessories under the brand name "Revolt" for the Ahmedabad region. As of April 30, 2022, the company sells Electric Bikes through 2 company-owned retail outlets situated at Ashram Road area in Ahmedabad and Nana Chiloda in Gandhinagar.Competitive Strengths :Experienced Promoters and Management Team.Widespread distribution network.Wide range of Products.Strategic location and facilities.
Objects of the Issue
1
1 To Meet Working Capital Requirements
2
2 General Corporate Purpose
3
3 Public Issue Expenses
Jay Jalaram Technologies Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹12,225.3
31-Mar-21
₹9,523.4
31-Mar-20
₹9,577.1
31-Mar-19
Profit After Tax (PAT)
₹29.4
31-Mar-21
₹2.6
31-Mar-20
-₹6.3
31-Mar-19
Particulars31-Mar-1931-Mar-2031-Mar-21
Revenue from Operations 9577.07 9523.41 12225.30
EBITDA N/A N/A N/A
Profit After Tax (PAT) -6.34 2.56 29.35
Net Worth 23.71 26.27 55.62
Total Assets 1704.75 2487.19 2839.35
Reserves & Surplus 2.71 5.27 34.62
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered30,00,000 (100.00%)
Net Offer to Public28,50,000 shares (aggregating up to ₹10.26 Cr)
Reserved for Market Maker1,50,000 shares (aggregating up to ₹0.5400 Cr)
Pre-Issue Promoter Holding81,30,000 shares
Post-Issue Promoter Holding1,11,30,000 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Beeline Capital Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Jay Jalaram Technologies Ltd. IPO subscribed?

Jay Jalaram Technologies Ltd. IPO is subscribed 1.00 times by Aug 30, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Jay Jalaram Technologies Ltd. IPO retail subscription status?

The Jay Jalaram Technologies Ltd. IPO retail category is subscribed 1.00 times as of 30 Aug 2022. The retail portion is oversubscribed.

How to subscribe Jay Jalaram Technologies Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 26 Aug 2022 and closes 30 Aug 2022. Min investment: ₹108,000 (1 lot = 3,000 shares). UPI mandate: 2022-08-30.

How many times Jay Jalaram Technologies Ltd. IPO subscribed?

The Jay Jalaram Technologies Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Jay Jalaram Technologies Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 05 Sep 2022. Refunds: on 06 Sep 2022.

When Jay Jalaram Technologies Ltd. IPO will be listed?

The Jay Jalaram Technologies Ltd. IPO listing date is 08 Sep 2022, Thursday. Listed on: NSE SME. Issue price: ₹36. Estimated listing: ₹36. GMP: NIL.

When Jay Jalaram Technologies Ltd. IPO close?

The Jay Jalaram Technologies Ltd. IPO closes on 30 Aug 2022, Tuesday. UPI mandate: 2022-08-30. Allotment: 05 Sep 2022. Listing: 08 Sep 2022.