The Jaikumar Group of Companies has been making remarkable growth with its combination of integrated architecture, procurement, and construction services, with the aim of delivering high-quality, creative projects on deadline. Jaikumar Constructions IPO will hit the market in 2021.
The aforementioned firms work on projects for a variety of government and semi-government agencies, as well as reputable private-sector clients. The company’s headquarters are in Nashik, and it plans to expand its operations across Maharashtra.
Table of Contents
History
According to an LLP deed dated October 27, 2012, as modified and supplemented from period to period, the Corporation’s real estate business was initially carried out as a Limited Liability Partnership firm under the LLP Act, 2008 in the form of M/s. Jaikumar Constructions LLP (the “LLP”).
The LLP’s Approved Partners were Mr. Manoj Tibrewala, Mrs. Gunwanti Tibrewala, and Mrs. Aruna Laddha. On November 23, 2012, the Registrar of Companies in Mumbai, Maharashtra, issued an incorporation certificate with the LLPIN AAB-2234.
Proceedings
The firm received its observations on September 10 after filing draft documents with Sebi in June. However, Final dates for IPO delayed by the company for unknown reasons.
The Sebi’s findings are important for any entity planning to initiate a public offering, such as an initial public offering, a follow-on public offering, or a rights issue.
Promoter
- Mr. Manoj Tibrewala
Financials Trends
| Particulars | For the year/period ended ( in Cr.) | ||||
|---|---|---|---|---|---|
| 15-Jan-20 | 31-Mar-19 | 31-Mar-18 | |||
| Total Assets | 101.40 | – | – | ||
| Total Revenue | 56.59 | – | – | ||
| Profit After Tax | 7.93 | – | – | ||
Objects of the Issue
- Prepayment / repayment of all or a portion of the outstanding borrowings of the company to be availed on consolidated basis.
- The fund will also help in the building of phase 1 of the Parksyde Nest residential venture in Nashik,
- They will also do additional investment in a subsidiary to help finance the building of “Parksyde Business Avenue.”
- To meet common corporate objectives.
IPO Details
| IPO Opening Date | 2021 |
| IPO Closing Date | 2021 |
| Issue Type | Book Built |
| Face Value | 10 per share |
| IPO Price | 0 to 0 per equity share |
| Market Lot | – |
| Min Order Quantity | – |
| Listing At | BSE, NSE |
| Issue Size | – |
| Fresh Issue | – |
| Offer for Sale | 90 lakh equity share |
IPO Tentative Date
Jaikumar Constructions IPO open date is 2021, and the close date is 2021. The issue may list in 2021.
| IPO Open Date | 2021 |
| IPO Close Date | 2021 |
| Basis of Allotment Date | 2021 |
| Initiation of Refunds | 2021 |
| Credit of Shares to Demat Account | 2021 |
| IPO Listing Date | 2021 |
Jaikumar Constructions IPO GMP
Jaikumar Constructions IPO Grey Market Premium is INR 0.
Basis of Allotment
| Type | % of Offer | Basis of Allotment |
|---|---|---|
| Qualified Institutional Buyer | 50 |
Roughly
equivalent
|
| Non Institutional Investor | 15 |
Roughly
equivalent
|
| Retail | 35 | Minimum level of 1 lot, based on availability, for every shareholder. |
Promoter Holding
| Pre Issue Share Holding | 81.00% |
| Post Issue Share Holding |
Jaikumar Constructions IPO Prospectus
Contact Details
Tel : +91 253 258 0499
E-mail : [email protected]
Website: http://www.parksyde.com/
Registrar
BIGSHARE SERVICES PRIVATE LIMITED
1st floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri (East),
Mumbai- 400 059, Maharashtra, India.
Telephone: +91 22 6263 8200
Facsimile: +91 22 6263 8299
E-mail: [email protected]
Website: www.bigshareonline.com
Lead Manager(s)
- Galactico Corporate Services Limited
- Aryaman Financial Services Limited
We hope we are able to answer all you questions about Jaikumar Constructions IPO. If you don’t have Demat account open it now with Zerodha best trading app.
FAQ
Jaikumar Constructions IPO Opening Date?
Jaikumar Constructions IPO will open in 2021.
Jaikumar Constructions IPO Listing Date?
Jaikumar Constructions IPO will list in 2021.
Jaikumar Constructions IPO GMP Today?
Jaikumar Constructions IPO Grey Market Premium is INR 0.
Jaikumar Constructions IPO Allotment Date?
Jaikumar Constructions IPO basis of allotment will be in 2021.
Lot size for Jaikumar Constructions IPO?
Lot size for IPO is 0 to 0.
