Business description – A and M Jumbo Bags is engaged in manufacturing and supply of High Density Polyethylene (HDPE)/Polypropylene (PP) Jumbo Bags, Flexible Intermediate Bulk Container (FIBC). The manufacturing unit of the company as well as its registered office is situated at Block 100, Bhagwati Rice Mill, Opp. H.P. Petrol Pump, Jetalpur, Ahmedabad. The manufacturing facility is well equipped with required facilities including machinery, other handling equipment to facilitate smooth manufacturing process.
The company offers solutions for various technical issues which the customers face in using FIBCs. It also helps and designs customized FIBCs, by offering complete range of FIBC for packaging all possible products including, food products, chemicals, liquids, etc.
Promoters of A and M Jumbo Bags – Pratish Shah and Gita Patel
| A and M Jumbo Bags IPO details | |
| Subscription Dates | 29 Jan – 2 Feb 2018 |
| IPO Price band | INR65 per share |
| Fresh issue | 616,000 shares (INR4 crore) |
| Offer for sale | Nil |
| Total IPO size | 616,000 shares (INR4 crore) |
| Minimum bid (lot size) | 2,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
Use of funds
- Working Capital Requirements – INR2.73 crore
- General Corporate Expenses – INR0.77 crore
| A and M Jumbo Bags’ financial performance (in INR lakh) | ||||||
| Â | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | 5M FY2018 |
| Total revenue | 170.7 | 385.5 | 438.9 | 452.6 | 523.9 | 221.6 |
| Total expenses | 170.4 | 385.1 | 438.8 | 454.5 | 488.6 | 188.9 |
| Profit after tax | 0.2 | 0.3 | -0.1 | -1.8 | 24.4 | 22.6 |
A and M Jumbo Bags Contact Details
A and M Jumbo Bags Limited
Block No.-100, Bhagwati Rice Mill
Opp. Hp Petrol Pump, Jetalpur
Daskroi, Ahmedabad 382426
Phone: +91 9173398575
Email: [email protected]
Website: www.aandmjumbobags.com
A and M Jumbo Bags IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.90 |
| Day 2 | 1.24 |
| Day 3 | 1.65 |
| Day 4 | 2.64 |
| Day 5 | 7.06 |
A and M Jumbo Bags Valuation (Latest FY)
Earnings Per Share (EPS): INR6.53
Price/Earnings (P/E) ratio: 9.95
Return on Net Worth (RONW): 61.37%
Net Asset Value (NAV): INR10.65 per share
Registrar of A and M Jumbo Bags IPO
Bigshare Services Private LimitedÂ
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072
Phone:Â +91 22Â 4043 0200Â
Fax:Â +91 22Â 2847Â 5201
Email:Â [email protected]
Website:Â www.bigshareonline.com
A and M Jumbo Bags IPO Allotment Status
A and M Jumbo Bags IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Listing performance of A and M Jumbo Bags
IPO Opening Date: 29 January 2018
IPO Closing Date: 2 February 2018
Finalisation of Basis of Allotment: 7 February 2018
Initiation of refunds: 8 February 2018
Transfer of shares to demat accounts: 9 February 2018
Listing Date:Â 12 February 2018
Listing Price on NSE SME: INR70.5 per share (up 8.46% from IPO price)
Closing Price on NSE SME: INR66.55 per share (up 2.38% from IPO price)
