
Consumer Discretionary · BSE
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.
Price Band
₹59
Issue Size
₹42.00 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹59
at current GMP
Subscribed
—
Open
9 Apr 2019
Close
15 Apr 2019
Allotment
22 Apr 2019
Refund
23 Apr 2019
Demat Credit
24 Apr 2019
Listing
25 Apr 2019
Designated Registrar: Bigshare Services Private Limited
Allotment Date
22 Apr 2019
Basis finalization
Refunds Initiate
23 Apr 2019
Mandate release
Demat Credit
24 Apr 2019
Shares in demat
Listing Debut
25 Apr 2019
Trading begins
Jinaams Dress Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹42 Crores. The shares are offered at a price band of ₹59 to ₹59 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2019-04-15, the basis of allotment is scheduled to be finalized on 2019-04-22. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.