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Gajanand International Ltd.

Gajanand International 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
09 Sep 2024
Close Date
11 Sep 2024
Allotment
12 Sep 2024
Listing Date
16 Sep 2024
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
57,36,000 shares (aggregating up to ₹20.65 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹108,000
1 lot
Pre-IPO Holding
1,30,99,568 shares
Promoters
Post-IPO Holding
1,88,35,568 shares
Promoters
P/E (Pre)
21.08x
 
P/E (Post)
30.31x
 
EPS (Pre)
₹1.71
 
EPS (Post)
₹1.19
 
UPI Deadline
2024-09-11
Mandate
Anchor AllotmentSun, 08 Sep 2024
Basis of AllotmentThu, 12 Sep 2024
Refund InitiationFri, 13 Sep 2024
Demat CreditFri, 13 Sep 2024
Listing DayMon, 16 Sep 2024
UPI Mandate Deadline2024-09-11
Sale TypeFresh Capital
Net Offer to Public54,48,000 shares (aggregating up to ₹19.61 Cr)
Market Maker Quota2,88,000 shares (aggregating up to ₹1.04 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Gajanand International Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 11 Sep 2024.
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
288,000
₹1.04
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
5,736,000
100% ₹20.65
IPO Shares Offered
Gajanand International Ltd. IPO total issue size: ₹20.65 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 288,000 ₹1.04
5.02%
Total 5,736,000 ₹20.65
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
08 Sep 2024
✓ Done
IPO Open
09 Sep 2024
✓ Done
IPO Close
11 Sep 2024
✓ Done
Allotment
12 Sep 2024
✓ Done
Refunds
13 Sep 2024
✓ Done
Demat Credit
13 Sep 2024
✓ Done
Listing Day
16 Sep 2024
✓ Done
Gajanand International Ltd. — Live Price LIVE
₹36.00
INR · NSE
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Issue ₹36.00 Live Price
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:Mech1 cotton: grown in Madhya Pradesh and Maharashtra, it is sown in the June/July period and harvested from November to January.Shankar6 cotton: This is grown domestically and is the most exported raw cotton variety in India.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.Khol: It is made from high-quality and pure cotton seeds.Company strengths:The company has an installed capacity of 37,500 MT/yearLocation 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.
Objects of the Issue
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.
Gajanand International Ltd. Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹6,176.2
31 Mar 2022
₹7,342.4
31 Mar 2023
₹10,874.8
31 Mar 2024
Profit After Tax (PAT)
₹2.9
31 Mar 2022
₹141.1
31 Mar 2023
₹223.7
31 Mar 2024
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 10874.81 7342.40 6176.21
EBITDA N/A N/A N/A
Profit After Tax (PAT) 223.73 141.06 2.85
Net Worth 1771.36 547.62 406.57
Total Assets 3931.10 1900.58 1944.36
Reserves & Surplus 461.40 505.75 364.70
Borrowings 1207.07 1179.48 1465.28
EBITDA Margin (%) N/A
PAT Margin (%) 2.06%
P/BV Ratio
2.10
RoE
19.30%
RoCE
29.72%
RoNW
19.30%
PAT Margin
2.06%
Debt/Equity
0.68
Issue Structure & Shareholding
Total Shares Offered57,36,000 (100.00%)
Net Offer to Public54,48,000 shares (aggregating up to ₹19.61 Cr)
Reserved for Market Maker2,88,000 shares (aggregating up to ₹1.04 Cr)
Pre-Issue Promoter Holding1,30,99,568 shares
Post-Issue Promoter Holding1,88,35,568 shares
P/BV Ratio2.10
RoE19.30%
RoCE29.72%
Debt / Equity0.68
Script CodeN/A
Registrar & Lead Managers
IPO Registrar
Skyline Financial Services Pvt.Ltd
Check Allotment
Book Running Lead Managers
Fast Track Finsec Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Gajanand International Ltd. IPO subscribed?

Gajanand International Ltd. IPO is subscribed 1.00 times by Sep 11, 2024. 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 Gajanand International Ltd. IPO retail subscription status?

The Gajanand International Ltd. IPO retail category is subscribed 1.00 times as of 11 Sep 2024. The retail portion is oversubscribed.

How to subscribe Gajanand International Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 09 Sep 2024 and closes 11 Sep 2024. Min investment: ₹108,000 (1 lot = 3,000 shares). UPI mandate: 2024-09-11.

How many times Gajanand International Ltd. IPO subscribed?

The Gajanand International Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Gajanand International Ltd. IPO allotment?

Check allotment on the registrar website (Skyline Financial Services Pvt.Ltd) at https://www.skylinerta.com/ipo.php. Enter your PAN, application number or DP/Client ID. Allotment date: 12 Sep 2024. Refunds: on 13 Sep 2024.

When Gajanand International Ltd. IPO will be listed?

The Gajanand International Ltd. IPO listing date is 16 Sep 2024, Monday. Listed on: NSE SME. Issue price: ₹36. Estimated listing: ₹36. GMP: NIL.

When Gajanand International Ltd. IPO close?

The Gajanand International Ltd. IPO closes on 11 Sep 2024, Wednesday. UPI mandate: 2024-09-11. Allotment: 12 Sep 2024. Listing: 16 Sep 2024.