Jerai Fitness Limited
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Jerai Fitness Limited's is preparing to launch its Initial Public Offering (IPO) with a substantial issue size of 43,92,500 Shares. The offering comprises a fresh issue component of TBD.
The price band for the IPO has been set at TBD, providing investors with a range to place their bids. The minimum investment lot consists of TBD, making it accessible to both retail and institutional investors.
The subscription window for this public offering opens on TBD and will conclude on TBD. Following the subscription period, the share allotment is scheduled for TBD, with the official listing expected to commence on TBD on the NSE, BSE exchange.
Jerai Fitness manufactures a wide range of fitness equipment designed to meet modern workout needs, including cardio machines like treadmills and exercise bikes, strength training equipment such as weight machines, benches, and free weights, as well as various fitness accessories like kettlebells and battle ropes. The company serves diverse customers including gyms, real estate projects, government institutions, hotels, and educational organizations. Its manufacturing facility in Palghar, Maharashtra is equipped with advanced machinery and supports a strong production capacity for strength equipment. The majority of its revenue comes from the domestic market, with a smaller portion from exports, reflecting its strong presence in India’s growing fitness industry.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium is based on market buzz and online information. It should not be considered as the actual listing price or valuation. Always refer to the RHP and seek advice from a financial expert before making any investment decisions.
- Specialized Fitness Equipment Brand: Focuses on manufacturing and supplying gym and fitness equipment, creating a strong niche presence in the fitness industry.
- Growing Fitness Industry Demand: Increasing health awareness and gym expansion trends support long-term growth opportunities.
- Wide Product Range: Offers various fitness machines and equipment, helping cater to gyms, institutions, and individual buyers.
- Dependence on Fitness Industry Trends: Business growth is linked to gym expansion and consumer spending on fitness.
- Working Capital Intensive: Requires continuous investment in manufacturing, inventory, and distribution, impacting cash flows.
- Competitive Market: Faces competition from both domestic and imported fitness equipment brands, affecting pricing and margins.
- Rajesh Ramsukh Rai
- Rinku Rajesh Rai
Jerai Fitness Limited
Bigshare Services Private Limited