
✓
Open
26 Aug 2022
✓
Close
30 Aug 2022
3
Allotment
—
✓
Listing
Thu, Sep 8, 2022
Price Band
₹36 per share
Issue Size
30,00,000 shares (agg. up to ₹11 Cr)
Lot Size
3,000 Shares
Listing Date
Thu, Sep 8, 2022
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 12.83x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 35.90 | 28.39 | 24.87 | 17.05 |
| Total Income | 165.56 | 122.25 | 95.23 | 95.77 |
| Profit After Tax | 0.87 | 0.29 | 0.03 | -0.06 |
| NET Worth | 10.68 | 0.56 | 0.26 | 0.24 |
| Reserves and Surplus | 7.97 | 0.35 | 0.05 | 0.03 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirements | 8.00 |
| 2 | General Corporate Purpose | 2.35 |
| 3 | Public Issue Expenses | 0.45 |
About Jay Jalaram Technologies IPO
Incorporated in 2012, Jay Jalaram Technologies Limited is engaged in multi-brand retail selling of Smart Phones and allied asscessories from manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, and Xiaomi. The company also offers multi-brand retail selling of consumer durable electronics goods like Smart TVs, Air Conditioners, Fridges, Coolers etc. from brands like TCL, Haier, Diakin, Voltas, Mi, Realme, OnePlus, Xiaomi, and Skytron. The company operate under the brand name "KORE". As of April 30, 2022, Jay Jalaram Technologies operates from a total of 82 stores across the state of Gujarat. Out of 82 stores 10 are company-owned retail outlets, 65 are franchisee owned and franchise-operated branch retail stores ("FOFO Model") and 7 are franchisee owned and company operated branch retail stores ("FOCO Model"). The company's other business vertical includes an exclusive dealership of Electric Bikes, its spare parts and accessories under the brand name "Revolt" for the Ahmedabad region. As of April 30, 2022, the company sells Electric Bikes through 2 company-owned retail outlets situated at Ashram Road area in Ahmedabad and Nana Chiloda
Contact Details
Jay Jalaram Technologies Ltd. AddressOffice No.103, Shail MallB/H.Girish Cold Drink, Shilp Char RastaC.G.Road, NavrangpuraAhmedabad, Gujarat, 380009079 4899 5415cs@koremobiles.comVisit Website