IPO

Gajanand International Ltd. IPO

Gajanand International Ltd., established in 2009, operates in the Textiles - Spinning - Cotton Blended sector. The company's IPO opened on September 9, 2024 and closed on September 11, 2024, with an ... Read more

Min Investment
₹ 1,08,000 / 3000 shares
Price Range
₹36
Bidding Dates
9 Sep '24 - 11 Sep '24
Total Issue Value
10.84 Cr
Lot Size
3,000
Total Issue Size
10.84 Cr
Listing At
NSE SME
Subscription
23.07 times
NSE Price
18.85 (-47.64%)

IPO Timeline

  • 9 Sep 2024
    Bidding Starts
  • 11 Sep 2024
    Bidding Ends
  • 12 Sep 2024
    Allotment Finalization
  • 16 Sep 2024
    Listing

About Gajanand International Ltd.

We are in cotton and textile industry where we take kapas as raw material and process Indian Cotton Fiber Quality Standards by minimizing Trash and Moisture, Improving the Cotton Grade Standard and Cotton Packing Standard, and Providing Logistic Support to Ensure Timely Delivery.

Parent organisation
Founded
Gajanand International Ltd.
2009

Gajanand International Ltd. IPO Reservation

Investors Category Shares Offered
Market Makers 2,88,000 (9.56%)
Non Institutional Investors 27,24,000 (90.44%)
Retail Individual Investors (RIIs) 27,24,000 (90.44%)

Gajanand International Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 108.75 Cr 2.24 Cr 4.61 Cr
31 Mar 2023 73.42 Cr 1.41 Cr 5.06 Cr
31 Mar 2022 61.76 Cr 2.85 Lakh 3.65 Cr

Gajanand International Ltd. Background

Our Company was incorporated as a private limited company in the name “Gajanand Cottex Private Limited” pursuant to a certificate of incorporation dated June 15, 2009 issued by the ROC in accordance with provisions of the Companies Act, 1956. The name of our Company was subsequently ...

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Major Events And Milestones
  • 2009
    Incorporation of the Company
    Set up of the Company under MSME
  • 2010
    Our Company flourished and start exporting our products nationally and internationally
  • 2015
    Our Company sets up its supply chain and logistics to various states in India
  • 2016
    Global Organic Textile Standard recognized our company
  • 2021
    Membership under Powerloom Development & Export Promotion Council (PDEXCIL)
  • 2023
    Changed name from “Gajanand Cottex Private Limited” to “Gajanand International Private Limited” to express global presence
    Our company converts to a Public Limited company.
  • 2024
    Recognition from Federation of Indian Export Organisations (FIEO) to our product “Cotton Bales”
Gajanand International Ltd. Object of Issues

1. Working Capital Requirement
2. General Corporate Purpose
3. Issue Related Expenses

Gajanand International Ltd. IPO Listing Details
Listing Date
16 Sep 2024
NSE Symbol
GAJAINTL
ISIN
INE0QTE01018
Final Issue Price
₹ 36
Gajanand International Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 36.00
Open - ₹ 42.00
Low - ₹ 39.90
High - ₹ 43.00
Last Trade - ₹ 39.90
Gajanand International Ltd. Company Promoters

1. Mr. Ashok Bhagvanbhai Monsara
2. Mrs. Truptiben Monsara
3. Mr. Ashish Dhirajlal Monsara

Industry Overview

Manufacturing of Cotton
Manufacturing is emerging as an integral pillar in the country’s economic growth, thanks to the performance of key sectors like automotive, engineering, chemicals, pharmaceuticals, and consumer durables. The Indian manufacturing industry ... Read more

Gajanand International Ltd. Contact Details
Address: Survey No. 1257/1266, Jasdan-Atkot Road, Nr. Bypass Circle, Jasdan, Rajkot Gujarat - 360050
Phone no:9909446110
9909446110
|
Gajanand International Ltd. IPO Registrar
Skyline Financial Services Pvt. Ltd.
D-153A, 1st Floor, Okhla Industrial Area Phase-I, New Delhi Delhi - 110020
40450193, 40450197
Gajanand International Ltd. IPO Lead Manager(s)
Fast Track Finsec Pvt. Ltd.
Office No. V-116, 1st Floor, New Delhi House, Barakhamba Road, New Delhi Delhi - 110001
43029809

FAQs

When does Gajanand International Ltd. IPO opens and closes?

Gajanand International Ltd. IPO opens from 9th September to 11th September 2024.

What is the size of Gajanand International Ltd. IPO?

The size of the Gajanand International Ltd. IPO is ₹10.84 Cr.

What is the minimum investment and lot size required for the Gajanand International Ltd. IPO?

The minimum investment required is ₹1,08,000 and minimum lot size is 3000 shares.

When is Gajanand International Ltd. IPO listing date?

The Gajanand International Ltd. IPO will be listed on 16th September 2024.

What is the objective of Gajanand International Ltd. IPO?

1. Working Capital Requirement
2. General Corporate Purpose
3. Issue Related Expenses

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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