Incorporated in 2003, Jayant Infratech primarily undertakes Railway Infrastructure Development work. It is a technology-driven company with excellence in Railway Electrification and Infrastructure projects. The company is engaged in designing, drawing, supplying, erection, and commissioning of 25KV, 50Hz Single Phase Traction Overhead Equipment.
Large public and private sector companies such as Eastern Railway, South Eastern Railway, South East Central Railway, Northern Railway, East Coast Railway, and North Frontier Railway are the key clients served by the firms.
Competitive Strengths
- Long-term experience in railway electrification segment.
- Exemplary project execution track record.
- Highly satisfied customer base.
- Experienced promoters and managers.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-19 | 2114.62 | 1848.17 | 69.86 |
| 31-Mar-20 | 2266.83 | 3416.73 | 131.92 |
| 31-Mar-21 | 2884.16 | 3550.87 | 139.58 |
| 31-Dec-21 | 2991.5 | 2414.6 | 112.64 |
| Amount in ₹ Lakhs |
Objects of the Issue
The company aims to utilize the net proceeds for the following objectives;
- To make payment of Security Deposit for renting office space.
- Working capital requirements.
- General corporate purposes.
Jayant Infratech IPO Details
| Jayant Infratech IPO Date | Jun 30, 2022 to Jul 5, 2022 |
| Jayant Infratech IPO Face Value | ₹10 per share |
| Jayant Infratech IPO Price | ₹67 per share |
| Jayant Infratech IPO Lot Size | 2000 Shares |
| Issue Size | 924,000 shares of ₹10 (aggregating up to ₹6.19 Cr) |
| Fresh Issue | 924,000 shares of ₹10 (aggregating up to ₹6.19 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
| Company Promoters | Mr. Nilesh Jobanputra is the promoter of the company. |
Jayant Infratech IPO Timeline
Jayant Infratech IPO opens on Jun 30, 2022, and closes on Jul 5, 2022. The Jayant Infratech IPO bid date is from Jun 30, 2022 10.00 A.M. to Jul 5, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.
| Event | Date |
|---|---|
| Jayant Infratech IPO Opening Date | Jun 30, 2022 |
| Jayant Infratech IPO Closing Date | Jul 5, 2022 |
| Basis of Allotment | Jul 8, 2022 |
| Initiation of Refunds | Jul 11, 2022 |
| Credit of Shares to Demat | Jul 12, 2022 |
| Jayant Infratech IPO Listing Date | Jul 13, 2022 |
Jayant Infratech IPO Lot Size
The Jayant Infratech IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹134,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹134,000 |
| Maximum | 1 | 2000 | ₹134,000 |
Jayant Infratech IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 71.44% |
Jayant Infratech IPO Review
The company is in the railway infra development business that has many small and big players all around. After marking a quantum jump in the top and bottom lines for FY20, it posted static performance. Based on its current earnings, the issue is fully priced. Small equity post IPO indicates longer gestation for migration to main board. There is no harm in skipping this fully priced IPO. Read detail review…
Jayant Infratech IPO Subscription Status (Bidding Detail)
The Jayant Infratech IPO is subscribed 0.48 times on Jul 4, 2022 11:08:00 AM. The public issue subscribed 0.39 times in the retail category, times in the QIB category, and 0.58 times in the NII category. Check Day by Day Subscription Details (Live Status) Reload Subscription
| Category | Subscription (times) |
|---|---|
| NII | 0.58 |
| Retail | 0.39 |
| Total | 0.48 |
Jayant Infratech IPO Prospectus
Company Contact Information
Jayant Infratech Limited
Mangal Smriti Bajpai Ground,
Tilak Nagar, Bilaspur, 495001
Phone: +91- 7752315916
Email: info@jayantinfra.com
Website: http://www.jayantinfra.com/
Jayant Infratech IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com