Jayant Infratech IPO Guidance & Details

Listing Trend for Jayant Infratech IPO :
Listing on 13 July 2022 ,Issue Price Rs. 76
Opened : Rs. 76
High : Rs. 79.80
Low :Rs. 76
Closed : Rs. 79.80

Grey Market News for Jayant Infratech IPO Guidance :
On 12 July 2022 @ 7.00 pm
Subject to Rates# :  nil
GMP Rates :  Rs 3
Subscription Trend
On 5 July 2022 @ 5.00 pm
NII (50%) 4,62,000 Sh : 4.23 T
RII (50%) 4,62,000 Sh : 3.76 T
Tot 9,24,000 Sh : 4.00 T

Jayant Infratech IPO Details
IPO Date Jun 30, 2022 to Jul 5, 2022
IPO Face Value Rs 10 per share
IPO Price Rs 67 per share
IPO Lot Size 2000 Shares
Issue Size 924,000 shares of Rs 10
(aggregating up to Rs 6.19 Cr)
Fresh Issue 924,000 shares of Rs 10
(aggregating up to Rs 6.19 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Retail Shares Offered 50% of the net offer
NII (HNI) Shares Offered 50% of the net offer

Retail Quota : 50 % (   4,62,000 Shares)
Minimum  2000 Rs 134,000
Maximum  2000 Rs 134,000
Retail : 231 Applications required for one time subscriptions.

Jayant Infratech IPO Timetable 
IPO Opening Date Jun 30, 2022
IPO Closing Date Jul 5, 2022
Basis of Allotment Jul 8, 2022
Initiation of Refunds Jul 11, 2022
Credit of Shares to Demat Jul 12, 2022
SKP Bearing Industries IPO Listing Date Jul 13, 2022

Jayant Infratech IPO Business :

Incorporated in the year 2003, the company is engaged in the field of Railway Infrastructure Development involving design, drawing, supply, Erection and Commissioning of 25KV, 50Hz Single Phase Traction Overhead Equipment. The key clients of the Company include various zones of the Indian Railways like Eastern Railway, South Eastern Railway, South East Central Railway, Northern Railway, East Coast Railway, North Frontier Railway, East Central Railway, Central Organisation for Railway Electrification (CORE) as well as large Public and Private Sector.
Its major work encompasses electrification of new & existing Railway tracks helping nation to reduce dependability of fossil fuels thereby reducing the carbon print foot. Its services include concept to commissioning of Railway Infrastructure right from design to energization.

It has completed hundreds of Kms of electrification & erected several traction substations in a span of 20 years. The Company is based out in Chhattisgarh and this gives it an opportunity to offer its services to coal mines. Usually, coal mines in Chhattisgarh have to develop siding which is used to load and transport coals from mines to its respective customers.
The Company has kept its focus on the Electrification sector of the Railways keeping in view the vast scope of work in the existing and the untapped areas. As a result, the Company has been able to build its resources capable of executing large, medium and small electrification projects in the most efficient and timely manner. The Company first made forays into a highly technical field, overhead electrification of the Indian Railways and through series of events over the successive years made rapid and spectacular progress in its chosen field of work and with dedication, team work, commitment, discipline and astute planning and strategy, scaled newer heights of progress and glory.
For more information about the business, Click www.jayantinfra.com

Promoters of Jayant Infratech 

Mr. Nilesh Jobanputra

Jayant Infratech  : Objects of the IPO

To Meet Working Capital Requirements

Registered office of Jayant Infratech 
Mangal Smriti Bajpai Ground, Tilak Nagar, Bilaspur, Chhattisgarh- 495001
Company Secretary and Compliance Officer: Mr. Sagar Subhash Gulhane

Lead Manager of Jayant Infratech IPO 
Gretex Corporate Services

SME IPO Financial & Analytical Ratios#
Earnings per Share 2019-20 Rs 6.30
Earnings per Share 2020-21 Rs 6.40
Earnings per Share 2021-22 9M Rs 6.66
Return on Net Worth: 19-20: 10.54 %
Return on Net Worth: 20-21 : 9.70 %
Return on Net Worth: 21-22 9M : 6.87 %
Book Value of the Share as on 31.03.21 Rs 66.02
Offer Price Rs. 67

IPO Peer Comparison:
BCPL Railway Infrastructure @ PE Multiple of 9.61
L&T @ PE Multiple of 29.45

Observation by Paresh Gordhandas ( Research Analyst )
For Guidance : Will be updated soon 

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