Jinaams Dress Limited
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Jinaams Dress Limited's has transitioned to a publicly listed entity following its IPO debut on Apr 25, 2019 at the BSE exchange. The public offering successfully raised 72,00,000 Shares, consisting of TBDin new capital.
The IPO featured a competitive price range of ₹59 to ₹59 and minimum application size of 2000 shares. Market reception was evidenced through subscription activity between Apr 09, 2019 and Apr 15, 2019, reflecting investor appetite for the offering.
Allotment of shares was completed on Apr 22, 2019, distributing equity to successful applicants. The listing marked the beginning of the company's journey as a publicly traded corporation, subject to market dynamics and regulatory oversight.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2011, Gujarat-based Jinaam’s Dress Limited is engaged in the manufacturing, distribution, and supply of Indian fusion and ethnic women’s apparel, offering products such as kurtis, dupattas, sarees, lehenga-cholis, and scarves made from fabrics including satin, georgette, crepe, chiffon, velvet, polyester, cotton, silk, and wool. The company also provides end-to-end apparel services such as dyeing, printing, embroidery, cutting, stitching, sewing, finishing, inspection, and packing, supported by a manufacturing unit with a capacity of 5,00,000 meters per month. Jinaam’s Dress has a presence across 19 states and 4 union territories, operates a retail store at The Gateway Hotel in Surat, and sells online through a tie-up with Mandola e-Trade Pvt Ltd. During FY 2017–18, it introduced around 134 product catalogues with 8–10 designs each and manages a diverse brand portfolio including FORMM, TIARAA, ZAREEN, ASMIRA, ROMA, BAHNI, HEROINE, FLORAL CREATION, and JINAAM, while also exporting fabrics to countries such as Nepal, the UK, Afghanistan, Mauritius, and Dubai.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Innovative Designs: Focuses on creative and modern product designs.
- Diversified Portfolio: Offers a wide range of products.
- In-House Manufacturing: Own facility ensures better quality and control.
NA
- Mr. Rahul Hemraj Oswal
- Mr. Vishal Hemraj Oswal
- Mr. Pritam Hemraj Os
Jinaams Dress Limited
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