Jakharia Fabric Ltd - IPO

Jakharia Fabric Ltd IPO Details

Public issue of 10,92,000 equity shares of Rs.10 each (equity shares) of Jakharia Fabric Limited (jfl or the company) for cash at a price of a Rs. 180 per share (the issue price), aggregating to Rs.19.66 Crores (the issue), of which 60,000 equity shares of Rs.10 each will be reserved for subscription by market makers to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 10,32,000 equity shares of Rs.10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.87% and 25.39%, respectively of the post issue paid up equity share capital of the company.The face value of the equity share is Rs.10 and the issue price is 18 times of the face value.

Objective of issue

To Finance the setting up of processing unit through M/s Jakharia Industries at Tarapur MIDC. General Corporate Expenses.

Jakharia Fabric Ltd Contact Details

Jakharia Fabric Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@jakhariafabric.com

Website - www.jakhariafabric.com