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Gajanand International Limited IPO (Gajanand International IPO) Details
Gajanand International Limited
Gajanand International IPO's overview
Gajanand International IPO bidding started from Sep 09, 2024 and ended on Sep 11, 2024. The allotment for Gajanand International IPO was finalized on Sep 12, 2024. The shares got listed on NSE on Sep 16, 2024.
Gajanand International IPO price band is set at ₹0 to ₹36 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹0.
Refer to Gajanand International IPO RHP for detailed information.
IPO date
Sep 09,2024 - Sep 11,2024
Listing Date
Sep 16,2024
Face value
₹10
Price Band
0₹36 per share
Lot
₹3000 Shares
Total Issue Size
57.36 Lakh (57,36,000)
aggregating up to ₹20.65 Cr (20,64,96,000)
Fresh Issue
57.36 Lakh (57,36,000)
aggregating up to ₹20.65 Cr (20,64,96,000)
Issue Type
Fixed Price
IPO Type
SMEListing At
NSE
Mon, Sep 09, 2024
IPO Open
Wed, Sep 11, 2024
IPO Close
Thu, Sep 12, 2024
Basis of Allotment
Fri, Sep 13, 2024
Initiation of Refunds
Fri, Sep 13, 2024
Credit of Shares to Demat
Mon, Sep 16, 2024
Listing
Gajanand International IPO Day-wise IPO GMP Trend
Gajanand International IPO last GMP is ₹0, last updated Sep 15,2024. With the price band of 36.00, Gajanand International IPO's estimated listing price is ₹36 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.
| Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
|---|---|---|---|---|
| 15-Sep-24 | 36.00 | 0 | 36(0.00%) | 15-Sep-2024 15:55 |
| 14-Sep-24 | 36.00 | 0 | 36(0.00%) | 14-Sep-2024 23:25 |
| 13-Sep-24 | 36.00 | 0 | 36(0.00%) | 13-Sep-2024 23:27 |
| 12-Sep-24 | 36.00 | 0 | 36(0.00%) | 12-Sep-2024 23:25 |
| 11-Sep-24 | 36.00 | 0 | 36(0.00%) | 11-Sep-2024 23:31 |
| 10-Sep-24 | 36.00 | 5 | 41(13.89%) | 10-Sep-2024 23:26 |
| 09-Sep-24 | 36.00 | 18 | 54(50.00%) | 9-Sep-2024 23:24 |
| 08-Sep-24 | 36.00 | 0 | 36(0.00%) | 8-Sep-2024 23:27 |
| 07-Sep-24 | 36.00 | 0 | 36(0.00%) | 7-Sep-2024 23:28 |
| 06-Sep-24 | 36.00 | 0 | 36(0.00%) | 6-Sep-2024 23:31 |
| 05-Sep-24 | 36.00 | 0 | 36(0.00%) | 5-Sep-2024 23:25 |
Gajanand International IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
Retail(Min) | 1 | 3,000 | ₹1.08 Lakh (1,08,000) |
Retail(Max) | 1 | 3,000 | ₹1.08 Lakh (1,08,000) |
HNI(Min) | 2 | 6,000 | ₹2.16 Lakh (2,16,000) |
Gajanand International IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Offered to RII | 27.24 Lakh (27,24,000) |
| Offered to Others | 27.24 Lakh (27,24,000) |
About Gajanand International Limited
Founded in 2009, Gajanand International Limited, formerly known as Gajanand Cottex Private Limited, is engaged in the production of contamination-free and sustainable cotton.
The company's product portfolio includes:
- Mech1 cotton: grown in Madhya Pradesh and Maharashtra, it is sown in the June/July period and harvested from November to January.
- Shankar6 cotton: This is grown domestically and is the most exported raw cotton variety in India.
- DCH 32 cotton: It is sown in the months of July-August and is ready for harvest from December to March. It is grown in the states of Karnataka, Tamil Nadu and Madhya Pradesh.
- Khol: It is made from high-quality and pure cotton seeds.
Company strengths:
- The company has an installed capacity of 37,500 MT/year
- Location advantage: Raw material harvesting nearby/easy availability and readily available transportation.
- Increasing scalability of the company and self-consumption: By expanding its operations and diversifying its product offering, the company has improved its ability to adapt quickly to changing market demand.
As of March 31, 2024, the company had 22 employees.
Gajanand International IPO's documents
Gajanand International Limited Contact Details
Gajanand International Limited
Survey No. 1257/1266,
Jasdan-Atkot Roadnr. Bypass Circle,
Jasdan, Rajkot - 360050
Phone: +91-99094 46110
Email: [email protected]
Website: https://www.gajanand-int.com/
Gajanand International IPO's Promoters
Mr. Ashok Bhagvanbhai Monsara, Mrs. Truptiben Ashokbhai Monsara, and Mr. Ashish Dhirajlal Monsara are the promoters of the company.