Jiwanram Sheoduttrai Industries Limited IPO
i. Jiwanram Sheoduttrai Industries is engaged in the manufacturing and export of the Industrial Safety Gloves and Garments which provides customized solutions in the field of Industrial Safety. The endeavour is complimented with the manufacturing facilities at Baruipur, Nandankanan and Falta SEZ West Bengal. The Products are well accepted for its quality which covers all the manufacturing range of Gloves, Industrial Garments and other protective PPEs and solution basket for the Industrial Safety.
ii. Jiwanram Sheoduttrai Industries Limited began manufacturing PPEs in 1997 and has since grown to establish manufacturing facilities and export to countries such as the United States of America, Spain, Germany, and Belgium. The company has differentiated its business lines to make the most of its in-house potential. Over the past two decades, JSIL has made its presence known around the world, particularly in Europe, America, and the Middle East, and has expanded to over twenty countries. JSIL is a globally renowned manufacturer of Industrial Garments and Gloves and exporter of head-to-toe safety wear, workwear, and more.
iii. Jiwanram Sheoduttrai Industries Limited initially started manufacturing industrial safety gloves and gradually expanded its presence in the industrial garment sector. The company’s commitment to producing quality products has helped it maintain its position in the market and establish sustainable relationships with overseas buyers.
iv. They classify their business under the following 3 (three) product verticals:
Manufacturing and export of –
i. Industrial Leather Gloves which are classified as Canadian, Welder, Driver, Mechanical, Combi, Hi- Vis etc; which are thinsulate lined and kevlar stitched as per the customization requirements of our customers
ii. Industrial Garments which are classified as Fire retardant, high visibility, water repellent, U.V protection , oil and soil repellent, anti- bacterial, anti-peeling etc; manufactured as per the specifications of our customers
iii. Work and Casual wear – The Company ventured into the manufacturing of Hospital Garments, Hotel Industry Garments, shirts, trousers, Jeans, jackets, T- shirts on order basis.
i. International Presence and Wide Distribution Network
ii. Cost effective production and timely fulfilment of orders
iii. Established manufacturing facilities with over decades of operations
Objects of the Jiwanram Sheoduttrai Industries Limited IPO:
Jiwanram Sheoduttrai Industries Limited IPO Details:
|Open Date:||Sep 08 2023|
|Close Date:||Sep 12 2023|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||17.07 Cr.|
|Lot Size:||6000 Shares|
|Issue Price:||₹ 23 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Sep 21 2023|
Promoters And Management:
Financials of Jiwanram Sheoduttrai Industries Limited IPO:
Pariculares ( In Lakhs )
|Revenue from Operations||3,052||3,408||4,232|
|Cost of Goods Sold||1,594||2,189||2,739|
|Changes in inventories||234||-114||129|
|Employee Benefits Expense||323||304||286|
|Depreciation & Amortisation||64||58||65|