Gajanand International IPO GMP, Review, Price, Allotment

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Last updated on September 16, 2024

Gajanand International IPO

Gajanand International IPO description – The company is engaged in producing contamination-free and sustainable cotton. It deals in prominent cotton varieties including MECH1, SHANKAR6, DCH 32, and KHOL.

MECH1: It is grown in Madhya Pradesh and Maharashtra and is sown in the June/July period and harvested from November to January.

SHANKAR6: This variety is grown domestically and is the most exported raw cotton variety in India.

DCH 32: 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.

Gajanand International has an installed capacity of 37,500 MT/year. The company also has a warehouse and a packaging facility at its factory.  As of 31 March 2024, the company had 22 employees.

Gajanand International IPO Allotment Status

Promoters of Gajanand International – Mr. Ashok Bhagvanbhai Monsara, Mrs. Truptiben Ashokbhai Monsara, and Mr. Ashish Dhirajlal Monsara


Gajanand International IPO Details

Gajanand International IPO Dates9 – 11 September 2024
Gajanand International Issue PriceINR 36 per share
Fresh issue57,36,000 shares (INR 20.65 crore)
Offer For SaleNIL
Total IPO size57,36,000 shares (INR 20.65 crore)
Minimum bid (lot size)3,000 shares (INR 1,08,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE EMERGE

Gajanand International Financial Performance

 FY 2022FY 2023FY 2024
Revenue61.7473.36108.66
Expenses61.7271.54105.74
Net income0.031.412.24
Figures in INR Crores unless specified otherwise

Gajanand International Offer News


Gajanand International Valuations & Margins

FY 2022FY 2023FY 2024
EPS0.021.112.17
PE ratio––16.59
RONW (%)0.7025.7619.30
NAV97.10130.7813.52
ROCE (%)13.6431.3029.72
EBITDA (%)2.003.733.72
Debt/Equity 3.602.150.68
*Compiled by IPO Central from Prospectus

Gajanand International IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
––––

Gajanand International IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered27,24,00027,24,00054,48,000
11 Sep 20245.8924.1515.02
10 Sep 20241.017.674.34
9 Sep 20240.171.810.99

The market maker reservation portion of 2,88,000 shares is not included in the above calculations.


Gajanand International IPO Allotment Status

Gajanand International IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.


Gajanand International IPO Dates & Listing Performance

IPO Opening Date9 September 2024
IPO Closing Date11 September 2024
Finalization of Basis of Allotment12 September 2024
Initiation of refunds13 September 2024
Transfer of shares to demat accounts13 September 2024
IPO Listing Date16 September 2024
Opening Price on NSE SMEINR 42 per share (up 16.67%)
Closing Price on NSE SMEINR 39.90 per share (up 10.83%)

Gajanand International Offer Lead Manager

FAST TRACK FINSEC PRIVATE LIMITED
Office No. V-116, 1st Floor, New Delhi House, 27,
Barakhamba Road, New Delhi – 110001
Phone: +91 11 43029809
Email: [email protected]
Website: www.ftfinsec.com


Gajanand International Offer Registrar

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
A/506, Dattani Plaza, Andheri Kurla Road, Safeed Pool,
Andheri East, Mumbai – 400 072, Maharashtra, India
Phone: +91 22 2851 1022
Email: [email protected]
Website: www.skylinerta.com


Gajanand International Issue Contact Details

GAJANAND INTERNATIONAL LIMITED
Survey No. 1257/1266,
Jasdan-Atkot Roadnr. Bypass Circle,
Jasdan, Rajkot, Gujarat-360050
Phone: +91 99094 46110
E-mail: [email protected]
Website: www.gajanand-int.com


IPO FAQs

What is Gajanand International offer size?

Gajanand International offer size is INR 20.65 crores.

What is Gajanand International offer price band?

Gajanand International public offer price is INR 36 per share.

What is the lot size of Gajanand International IPO?

Gajanand International offer lot size is 3,000 shares.

What is Gajanand International IPO GMP today?

Gajanand International IPO GMP today is INR NA per share.

What is Gajanand International kostak rate today?

Gajanand International kostak rate today is INR NA per application.

What is Gajanand International Subject to Sauda rate today?

Gajanand International’s Subject to Sauda rate today is INR NA per application.

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