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Open
18 Jul 2017
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Close
20 Jul 2017
3
Allotment
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Listing
Fri, Jul 28, 2017
Price Band
₹30 per share
Issue Size
18,64,000 shares (agg. up to ₹6 Cr)
Lot Size
4,000 Shares
Listing Date
Fri, Jul 28, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 8.90x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|
| Assets | 10.84 | 10.81 | 8.11 |
| Total Income | 1.27 | 13.36 | 9.36 |
| Profit After Tax | 0.00 | 0.08 | 0.01 |
| NET Worth | 5.30 | 4.74 | 1.32 |
| Reserves and Surplus | 0.80 | ||
| Total Borrowing | 5.04 | 5.14 | 5.38 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| RMC Switchgears Ltd. | SME | ₹4.15 Cr | ₹27 | null | ₹32.40 | +20.00% | ₹268.00 (+1.58%) |
| Nitiraj Engineers Ltd. | SME | ₹22.01 Cr | ₹100 | null | ₹94.50 | -5.50% | ₹220.30 (+0.22%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ Prepayment , in full or in part, of certain borrowings availed by the Company | 1.50 |
| 2 | Working Capital requirements | 3.29 |
| 3 | General Corporate Purposes | 0.40 |
About Jigar Cables IPO
Incorporated in 2017, Jigar Cables Ltd (JCL) is an ISO-9001:2015 certified company having its facility at Gondal, Dist Rajkot in Gujarat, manufacturing electric wires and cables as per national & international standards and customer's specifications.Company sells its products under “SIGMA” brand since last two decades. Jigar's product range includes Submersible Flat Cables, Flexible Cables, LT PVC Cables, Ariel Bunched Cables and House Wires. JCL has recently incorporated a new Company under the name of Jigar Polymers Limited for manufacturing of PVC and XLPE as backward integration. This group came with Ultracab (India) Ltd which is considered its peer. Company's client list include Indian oil, ONGC, BSNL, Indian Railways, JNPT etc.+ Read More
Contact Details
Jigar Cables Ltd. AddressPlot No.164/14 & 15 JamwadiG.I.D.C GondalRajkot, Gujarat, 360311+ 2825 - 221422cs@sigmacab.comVisit Website