
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
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 3,559,322 | — | 0.00x |
| Non-Institutional (NII / HNI) | 1,067,797 | — | 0.00x |
| Retail Individual (RII) | 2,491,525 | — | 0.00x |
| Total | 7,118,644 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,246 | 1,246 | 1.00x |
| HNIs (10L +) | 8 | 8 | 1.00x |
| HNIs (2-10L) | 38 | 38 | 1.00x |
| Total Applications | 1,292 | 1,292 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Jinaams Dress Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹59 to ₹59 per equity share.
The retail lot size is 2000 shares requiring a minimum application amount of ₹1,18,000. Expected listing price is ₹59 per equity share.
The Jinaams Dress Limited IPO aggregate issue size is ₹42 Crores with an equity price band set at ₹59 to ₹59 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,18,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2019-04-22. Investors can verify status using PAN card or application number.
Jinaams Dress Limited shares are scheduled to list on BSE on 2019-04-25.