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Home All IPOs Gajanand International Ltd. IPO
Gajanand International Ltd. IPO
NSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹36
Issue Price
₹36
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹36
GMP based
Lot Size
3,000
shares / lot
Min Amount
₹108,000
1 lot · 3,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
09 Sep 2024
Mon Completed
Done
Close Date
11 Sep 2024
Wed Completed
Done
Allotment
12 Sep 2024
Thu Completed
Done
Refund
13 Sep 2024
Fri Completed
Done
Demat Credit
13 Sep 2024
Fri Completed
Done
Listing Date
16 Sep 2024
Mon Completed
UPI Deadline: 11 Sep 2024
Issue Details
Pricing & Size
Issue Price
₹36 Face ₹10
Lot Size
3,000 shares
Min Investment
₹108,000
Total Issue Size
57,36,000 shares (aggregating up to ₹20.65 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,88,000 (5.02%)
QIB Portion
-
NII / HNI
27,24,000 (47.49%)
Retail
27,24,000 (47.49%)
Employee
-
Net Offer to Public
54,48,000 shares (aggregating up to ₹19.61 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,30,99,568 shares
Post-Issue Shareholding
1,88,35,568 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 3,000 ₹1,08,000
HNI / NII 2 6,000 ₹2,16,000
Objects of Issue
3 objectives
1
To meet out the Working Capital requirements of the Company;
2
To meet out the General Corporate Purposes; and
3
To meet out the Issue Expenses.
Lead Managers & Market Maker
Book Running Lead Managers
Fast Track Finsec Pvt.Ltd.
Market Maker
Nikunj Stock Brokers Ltd.
IPO Timeline
Open
09 Sep
✓ Done
Close
11 Sep
✓ Done
Allotment
12 Sep
✓ Done
Listing
16 Sep
✓ Done
Registrar Details
Skyline Financial Services Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
02228511022
Email
ipo@skylinerta.com
Company Contact
Email
info@gajanand-int.com
Phone
+91-99094 46110
Address
Survey No. 1257/1266, Jasdan-Atkot Roadnr. Bypass Circle, Jasdan, Rajkot - 360050 Jasdan, Gujarat
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹36
Est. Listing
₹36
Lot Size
3,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Gajanand International Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹36
GMP
+₹0 (+0%)
GMP Est. Listing
₹36
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 27,24,000 (47.49%) ₹980.64 Cr
Retail Investors 27,24,000 (47.49%) ₹980.64 Cr
Total ** 57,36,000 (100.00%) ₹20,649.60 Cr
Market Maker * 2,88,000 (5.02%) ₹10.37 Cr
* Based on ₹36.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
27,24,000 (47.49%)
Retail
27,24,000 (47.49%)
Market Maker
2,88,000 (5.02%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric31 Mar 202431 Mar 202331 Mar 2022
Revenue10874.817342.406176.21
PAT223.73141.062.85
EBITDA
Net Worth1771.36547.62406.57
Total Assets3931.101900.581944.36
Reserves461.40505.75364.70
Borrowings1207.071179.481465.28
Key Financial Ratios
19.30%
ROE
Return on Equity
29.72%
ROCE
Return on Capital Employed
19.30%
RONW
Return on Net Worth
2.06%
PAT Margin
PAT / Revenue
0.68
D/E Ratio
Debt to Equity
2.10
P/BV
Price to Book Value
1.71
Pre EPS
EPS Pre-Issue
1.19
Post EPS
EPS Post-Issue
21.08
Pre P/E
P/E Pre-Issue
30.31
Post P/E
P/E Post-Issue
About Gajanand International Ltd.

Founded in 2009, Gajanand International Limited, formerly known as Gajanand Cottex Private Limited, is engaged in the production of contamination-free and sustainable cotton.

The company's product portfolio includes:

  1. Mech1 cotton: grown in Madhya Pradesh and Maharashtra, it is sown in the June/July period and harvested from November to January.
  2. Shankar6 cotton: This is grown domestically and is the most exported raw cotton variety in India.
  3. DCH 32 cotton: It is sown in the months of July-August and is ready for harvest from December to March. It is grown in the states of Karnataka, Tamil Nadu and Madhya Pradesh.
  4. Khol: It is made from high-quality and pure cotton seeds.

Company strengths:

  • The company has an installed capacity of 37,500 MT/year
  • Location advantage: Raw material harvesting nearby/easy availability and readily available transportation.
  • Increasing scalability of the company and self-consumption: By expanding its operations and diversifying its product offering, the company has improved its ability to adapt quickly to changing market demand.

As of March 31, 2024, the company had 22 employees.

Frequently Asked Questions
What is the issue price of Gajanand International Ltd. IPO?
The issue price of Gajanand International Ltd. IPO is ₹36 per share, face value ₹10.
What is the lot size?
Minimum lot size is 3,000 shares, requiring ₹108,000.
What are the IPO dates?
Opens 09 Sep 2024, closes 11 Sep 2024.
When is the listing date?
Tentative listing: 16 Sep 2024 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹36 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Gajanand International Ltd. IPO · Expected 12 Sep 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
12 Sep 2024
Refund Initiation
13 Sep 2024
Demat Credit
13 Sep 2024
Listing Date
16 Sep 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹36
Face ₹10
Lot Size
3,000
shares / lot
Min Amount
₹108,000
1 lot
Est. Listing
₹36
GMP +₹0
Key Dates
Open
09 Sep Done
Close
11 Sep Done
Listing
16 Sep Done
Registrar
Skyline Financial Services Pvt.Ltd
A
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