Jiya Eco-Products Ltd - IPO

Jiya Eco-Products Ltd IPO Details

Public issue of 24,12,000 equity shares of face value of Rs. 10 each (Equity shares) of Jiya Eco-Products Limited (The Company or The Issuer), for cash at a price of Rs. 19 per equity share, including a share premium of Rs. 9 per equity share (The Issue Price), aggregating Rs. 4.58 crores (The Issue). of which 1,26,000 equity shares of face value of Rs. 10 each for cash at price of Rs. 19 per equity share, aggregating Rs. 0.24 crores will be reserved for subscription by the market maker to the issue (The Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 22,86,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 19 per equity share, aggregating Rs. 4.34 crores is hereinafter refered to as the Net Issue. The issue and the net net issue will constitute 27.01% and 25.60% respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each and the issue price of Rs. 19.00 is 1.9 times of the face value of the equity shares.

Objective of issue

Procurement of new machinery. Working capital requirement.

Jiya Eco-Products Ltd Contact Details

Jiya Eco-Products Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

Phone - 91-22-40430200/28470652

Fax - 91-22-28475207

Email - jiyaeco5604@gmail.com, cs@jiyaeco.in

Website - www.jiyaeco.com