Jinaam's Dress IPO

Jinaam's Dress IPOJinaam’s Dress IPO description – Jinaam’s Dress is a manufacturer of Indian ethnic and fusion wear for women. The company designs, manufactures and markets a wide portfolio of women’s apparels across multiple brands. Its product range includes ‘lehenga-choli’, ‘kurti’, ‘dupatta’, scarfs and ‘sarees’ of various fabrics such as satin, georgette, crepe, chiffon, velvet, polyester, cotton, silk, wool etc. It sells its products through a distribution network spread across 19 states and 4 union territories in India. The company also operates a retail store for women’s apparel located at The Gateway Hotel, Surat, Gujarat. Jinaam’s Dress has an exclusive tie up with e-commerce platform www.manndola.com, owned by one of our Group Company, for online marketing and selling of its products.

It has an installed manufacturing capacity of 5,00,000 mtrs/month for dress materials. Its manufacturing process starts with processing of procured grey fabrics such as dying, printing, embroidery, cutting, stitching, sewing, finishing, inspection and packing of the final products.

Jinaam’s Dress promoters – Rahul Hemraj Oswal, Vishal Hemraj Oswal and Pritam Hemraj Oswal
Jinaam’s Dress – Upcoming IPO details
Subscription Dates 9 – 15 April 2019
IPO Price band INR59 per share
Fresh issue 7,200,000 shares (INR42.48 crore)
Offer for sale Nil
Total IPO size 7,200,000 shares (INR42.48 crore)
Minimum bid (lot size) 2,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform
Use of funds
  • Purchase of machinery – INR7.00 crore
  • Working Capital Requirements – INR18.00 crore
  • Repayment/ Pre-payment of certain Debt facilities – INR5.00 crore
  • General Corporate Purposes
  • Issue Expenses
Jinaam’s Dress’ financial performance (in INR crore)
FY2016 FY2017 FY2018 H1 FY2019
Total revenue 136.5 135.0 154.3 70.8
Total expenses 133.2 130.7 142.6 65.5
Profit after tax 2.1 2.9 7.8 3.9
Jinaam’s Dress Contact Details

Jinaam’s Dress Limited 
Plot No. 524,
Road No. 5, GIDC, Sachin,
Surat 394 230

Phone: +91 0261-2398505
Email: [email protected]
Website: www.jinaam.com

Jinaam’s Dress IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.05
Day 2 0.06
Day 3 0.31
Day 4 0.54
Day 5 1.21


Jinaam’s Dress Valuation (For FY2018)

Earnings Per Share (EPS): INR5.26

Price/Earnings (P/E) ratio: 11.22

Return on Net Worth (RONW): 25.37%

Net Asset Value (NAV): INR22.02 per share

Registrar of Jinaam’s Dress IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072

Phone: +91 22 4043 0200 
+91 22 2847 5201
 [email protected]
Website: www.bigshareonline.com

Jinaam’s Dress IPO Allotment Status

JInaam’s Dress IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.

Listing performance of Jinaam’s Dress

IPO Opening Date: 9 April2019

IPO Closing Date: 15 April 2019

Finalisation of Basis of Allotment: 22 April 2019

Initiation of refunds: 23 April 2019

Transfer of shares to demat accounts: 24 April 2019

Listing Date: 25 April 2019

Listing Price on BSE SME: INR59 per share (no change from IPO price)

Closing Price on BSE SME: INR56.1 per share (down 4.92% from IPO price)



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