Jash Engineering Ltd - Prospectus Synopsis

Jash Engineering Ltd RHP

Registered Office : 31 Sector-C Industrial Area , Sanwer Road , Indore - 452015 , Madhya Pradesh , India.

Phone : 91-731-2720143/2721143/4232900  Fax : 91-731-2720499

Email :     Website : www.jashindia.com

Initial public offering of 40,00,800 equity shares of face value of Rs.10 each (equity shares) of Jash Engineering Limited (the company or the issuer) for cash at a price of Rs.120 per equity share including a share premium of Rs. 110 per equity Share (the offer price), aggregating to Rs. 48.01 Crores (the offer) comprising of a fresh issue of 22,61,198 equity shares By the company aggregating to Rs. 27.13 crores (the fresh issue) and an offer for sale of 17,39,602 equity shares aggregating up to Rs. 20.88 Crores by Pragati India Fund Limited, (the selling shareholder) (offer for sale). And together With fresh issue (the offer). The offer comprises 2,00,400 equity shares of face Value of Rs.10 each for cash at a price of Rs.120 per equity share, aggregating up to Rs. 2.40 Crores reserced for subscription by the market maker to the offer (the market maker reservation portion). The offer less market maker reservation portion i.e. 38,00,400 equity shares of face value of Rs.10 each for cash at a price of Rs.120 per equity share, aggregating Rs.45.60 crores is hereinafter referred to as the net offer. The offer and the net offer will constitute 33.80% and 32.11%, respectively of the post offer paid up equity share Capital of the company. The face value of the equity shares is Rs.10 each. The offer price is Rs.120 is 12.00 times the face value of each equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
28-Sep-2017 03-Oct-2017 Rs 120 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 1200 Further Multiples of : 1200
  Rs Cr Lead Managers to the Issue
Project Cost 48.01 Systematrix Corporate Services Ltd
Project Financed through Current Offer 48.01  
Post Issue Equity Share Capital 11.84  
Issue Price Rs. 120  
To meet working capital requirement of the company
Promoted By Listing At Registrar to the Issue
Bhairavi Patel
Laxminandan Amin
Pratik Patel
NSE - SME Link Intime India Pvt Ltd

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