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Jiwanram Sheoduttrai Industries Limited

Jiwanram Sheoduttrai Industries Limited

smelisted
Registrar: Cameo Corporate Services Limited · Listing 2023-09-18
IPO Timeline
Today · 20 Oct 2026
Opens
08 Sept 2023
Closes
12 Sept 2023
Allotment
10 Sept 2023
Refund
18 Sept 2023
Demat
15 Sept 2023
Listing
18 Sept 2023
Price Band
₹23–23
GMP
₹0
0%
Lot Size
6000 Shares
Min ₹138,000
Subscription
0x
Issue Size
₹17.07 Cr
Open
2023-09-08
Close
2023-09-12
Listing
2023-09-18

About the company

## **About the Jiwanram Sheoduttrai Industries Limited  IPO** Incorporated in 1997, Jiwanram Sheoduttrai Industries Limited (“JSIL”) manufactures Gloves, Industrial Garments and other protective PPEs and solution basket  for industrial safety. We are majorly engaged in the business of manufacturing and exporting for various brands.  JSIL is a globally renowned manufacturer of Industrial Garments and Gloves and exporter of head-to-toe safety wear, workwear, and more. Over the past two decades, JSIL has made its presence in Europe, America, and the Middle East, and has expanded to over twenty countries. It has manufacturing units located in Baruipur, Nandankanan, and Falta SEZ West Bengal. Now , Jiwanram Sheoduttrai Industries Limited is coming out with its initial public offer (IPO). The IPO will be a fresh issue. The money raised through the fresh issue will be utilised to to meet the working capital requirements, prepayment and repayment of all or a portion of certain unsecured loan availed by our company,  General Corporate Purpose and  to meet the offer expenses. ## **Here are key details about the Jiwanram Sheoduttrai Industries Limited IPO :** Company Name|  Jiwanram Sheoduttrai Industries  Limited |  | Company Type| Private ---|---|---|---|--- IPO Type|SME|

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 18 Sept 2023
      Listed 1128 days ago
      1. IPO Opens

        Completed
        08 Sept 2023

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        12 Sept 2023

        Last day to place your bid

      3. Basis of Allotment

        Completed
        10 Sept 2023

        Share allotment finalised

      4. Refund Initiation

        Completed
        18 Sept 2023

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        15 Sept 2023

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        18 Sept 2023

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      6000 shares
      Price / Share (upper)
      ₹23
      Min Investment (1 lot)
      ₹138,000
      Price Band
      ₹23–23
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      6000
      Min amount
      ₹138,000
      Max amount
      ₹138,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      12000
      Min amount
      ₹276,000
      Max amount
      ₹276,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹8.54 Cr
      Shares offered
      3,710,870
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹2.56 Cr
      Shares offered
      1,113,261
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹5.97 Cr
      Shares offered
      2,597,609
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).