Jinaam’s Dress Limited IPO
(i) Jinaam’s Dress Limited is one of the manufacturers of Indian ethnic and fusion wear for women. They design, manufacture, and market-wide portfolio of women’s apparels across multiple brands. They sell their products through the distribution network spread across around 19 states and 4 union territories in India. They operate a retail store for women’s apparel located at The Gateway Hotel, Surat, Gujarat. They also have an exclusive tie up with e-commerce platform www.manndola.com, owned by one of the Group Company, for marketing and selling of the products.
(ii) They have an installed manufacturing capacity of 5,00,000 mtrs/month for dress materials. The manufacturing process starts with processing of procured grey fabrics, dying, printing, embroidery, cutting, stitching, sewing, finishing, inspection and packing of the final products.
(iii) The distribution channel currently covers states of Gujarat, Punjab, Delhi, Haryana, Jammu & Kashmir, Maharashtra, Karnataka, West Bengal, Madhya Pradesh, Kerala, Telangana, and Uttar Pradesh. They also cater international market in countries such as the United Kingdom, Dubai, Nepal, Pakistan, Afghanistan, and Mauritius directly or through merchant exporters and bulk fabric dealers.
They offer a wide range of Indian ethnic and fusion wear for woman which includes ‘lehenga-choli’, ‘kurti’, ‘dupatta’, scarfs and ‘sarees’ of various fabrics such as satin, georgette, crepe, chiffon, velvet, polyester, cotton, silk, wool etc. that caters to a wide variety of the wardrobe requirements of the Indian woman, including every-day wear, casual wear, work wear, evening wear, party wear and occasion-wear at various price range.
The current brand portfolio includes “JINAAM’.”, “FLORAL CREATION”, “ROMA”, “ASMIRA”, “HEROINE”, “BAHNI”, “ZAREEN”, “TIARAA” and “FORMM”.
During FY 2017-18 we have introduced around 134 product catalogues each of which comprises an average of around 8-10 designs.
Objects of the Jinaam’s Dress Limited IPO:
Jinaam’s Dress Limited IPO Details:
|Open Date:||Apr 09 2019|
|Close Date:||Apr 15 2019|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price IPO|
|Issue Size:||42.48 Cr.|
|Lot Size:||2000 Shares|
|Issue Price:||₹ 59 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Apr 25 2019|
Promoters And Management:
Financials of Jinaam’s Dress Limited IPO:
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Comparison With Peers:
Recommendation on Jinaam’s Dress Limited IPO:
Lead Manager of Jinaam’s Dress Limited IPO:
Registrar of Jinaam’s Dress Limited IPO:
Discussion on Jinaam’s Dress Limited IPO:
Don’t apply in any textile company even manufactured ready made also you lost your money see past ipo then think to apply
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Grey market rate?
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