Jammu Pigments Limited IPO

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Jammu Pigments Limited IPO

Jammu Pigments Limited is large manufacturers of Lead, Lead Alloy, Litharge, Red Lead, TBLS, Cadmium, and Zinc Oxide. We are one of the most competitive cost producers and are well placed to serve the growing demands of battery, rubber, glass, polyester, paint, PVC & pigment industries all over the world.
Jammu Pigments Limited history of being in the Zinc Oxide industry goes back to 1958, and as a Limited company, it was registered in the year 2005. Since then, we have been renowned for setting impeccable quality standards in the field manufacturing, globally. Continual development has made the company a Grade I one of the large enterprise of INDIA in this field and having worked at Kathua ( J & K) and Dariba ( Rajasthan). The company displays an exquisite blend of expertise and innovation in the field of Metal & Chemical manufacturing. The commitment to cater every specific demand has always driven the company to stretch its horizon and deliver customer delight. At Jammu Pigments Limited, we strictly adhere to an application of best management practices & comply with the law and ethics to achieve the Company’s objectives; aimed at enhancing customer value and discharging our social responsibilities. Our group companies are directed and controlled by a systematic process to enhance their wealth-generating capacities. Our governance processes ensure optimum utilization of resources to meet our aspirations as well as the expectations of our society. Jammu Pigments Limited perceives its future in an extremely complex, challenging & competitive environment. The formula for future is defined by greater thrust on technological advancements & efficient quality management system in order to achieve total customer satisfaction. We are looking forward to meet the future challenges with the continuous support of our customers & employees.
Products and Services
1. Lead Ingots
2. Lead Alloy
3. Lead Oxide
4. PVC Stabilizers & Metal Stearates
5. Zinc Salts
6. Logistic
Other Products:-
a.) Antimony Trioxide.
b.) Cadmium Oxide

Objects of the Jammu Pigments Limited IPO:

Jammu Pigments Limited IPO

are: 1. Working Capital Requirement 2. General Corporate Purpose 3. Meeting Public Issue Expenses
DRHP of Jammu Pigments Limited IPO

Jammu Pigments Limited IPO Details:

Total Shares: 44,32,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue IPO
Lot Size: 2000 Shares
Issue Price: ₹ 75 Per Equity Share
Listing At: NSE Emerge

Promoters And Management:

Promoters of Jammu Pigments Limited Company are: Mr. Ramesh Kumar Agarwal, aged 60 years, is the main Promoter and Founder Director of the Company, presently designated as the Managing Director in the Company. He is a Bachelor of Commerce from the University of Rajasthan and has an overall experience of 40 years in Metal and Chemical Industry in India & abroad. In 1975, Mr. Ramesh Agarwal joined his family business of chemical and pigment production, which was established by his father Mr. Gulab Chand Agarwal in 1958. In 2005, Mr. Agarwal set up a company by the name of Jammu Pigments Private Ltd. in Kathua District (J& K) which is involved in the manufacturing of Lead & its allied products and Zinc oxide and it went on to become one of the most reputed and emerging business entities in Jammu & Kashmir. He has been the backbone of our Company’s operations and the main driving force behind our current and proposed ventures. He is involved in formulating financial strategies and policies of our Company. His vision, industry cognizance, and a profound exposure to international operations are precious assets to our company. He emphasizes on comprehensive business development by working closely at every administrative level and laying paramount importance to not only technical know-how but also constant innovation and R&D in the field of eco-friendly production techniques Mrs. Asha Devi Mittal, aged 61 years, is one of the Promoters of our Company and presently designated at the post of Chief Financial Officer (CFO) of the Company. She is a Bachelor of Commerce from the University of Mumbai. She is handling all the financial operations of the company with her vast experience and knowledge of 25 years in the manufacturing & Trading of Metals & Chemicals. She is involved in company’s financial decisions, management, administration, fund allocation, budget management, making financial targets and to lead the group businesses in achieving the financial goals. She is known to be a highly innovative, energetic, and a hard working lady has risen to become one of the key strategy makers of Mittal Group. She is also Proprietor of M/s Mittal Chemicals and is looking after overall activities of a said firm engaged in trading & manufacturing of Chemicals and she is also director of our group companies.

Financials of Jammu Pigments Limited IPO:

Particulars For the year/period ended (in Rs. Lacs)
30-Nov-2017 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 19517.99 15017.01 16048.69 16591.71 12624.40
Total Revenue 23441.29 34869.33 19078.96 18576.52 20922.17
Profit After Tax 553.78 224.12 146.73 163.82 374.78

Recommendation on Jammu Pigments Limited IPO:

Review and Recommendation of

Jammu Pigments Limited IPO

from our side is: Under Analysis. We'll update it soon here.

Lead Manager of Jammu Pigments Limited IPO:

  1. Swastika Investmart Limited

Registrar of Jammu Pigments Limited IPO:

  1. Karvy Computershare Private Limited

Company Address:

217, Gali No. 2, Guru Ram Das Nagar Laxmi Nagar, East, Delhi -110092 Phone No. 91 744 2425190 E-Mail: mittalpigmentsgroup@gmail.com Website: www.jammupigments.com

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