Jash Engineering Limited IPO

Jash Engineering Limited is engaged in manufacturing sector.

♦ ISSUE PERIOD: 28/09/17 to 03/10/17
♦ ISSUE TYPE: Book Building
♦ ISSUE PRICE: Rs 115 to Rs 120
♦ ISSUE SIZE: 40,00,800 Shares
♦ AMOUNT RAISED: Rs 46-48 Crores
♦ LOT SIZE: 1200 Shares

Company Overview:

Jash Engineering Limited manufactures water control gates, flap valves, knife gates valves, energy dissipating valves, water hammer control valves, fine and coarse screens, screening conveying equipment, screening washing and compaction equipment, industrial valves for bulk solids handling, hydro power screw generator, screw pump and process equipment like detritors, clarifiers, clariflocculators, thickeners, decanters aerators, trickling filters, dissolved air flotation (DAF) units, rotary drum slackers, rake classifiers, pressure sand filters, etc. for water, water waste and effluent treatment plants. They offer a single stop solution under one roof including Design, Casting, Fabrication, Assembly & Testing and provide the most varied range of these products in largest possible sizes. The company is continuously investing in its manufacturing capability as well as in development of new products & technologies either on its own or through collaboration with suitable technology partners and leaders in the Trade. The products of the Company find application in water intake systems, water and waste water pumping stations and treatment plants, storm water pumping stations, water transmission lines, power, steel, cement, paper & pulp, petrochemicals, chemical, fertilizers and other process plants. Their manufacturing facilities are equipped with pattern making, foundry, machining, fabrication, inspection and in-house testing. Jash Engineering Limited caters to the domestic as well as international markets. Presently, it primarily derives its revenue from the domestic market which contributed more than 70% of the total revenue in FY 2017.

Issue Objects:

♦ To meet working capital requirement
♦ Fund required for exit of Pragati Fund India Limited including
OFS and Pre IPO placement.
♦ To meet the Offer Expenses


♦ Mr. Laxminandan Amin
♦ Mr. Pratik Patel
♦ Ms. Bhairavi Patel
♦ Mr. Harsh Patel

Company Financials:


C-101, 247 Park, L B S Marg, Vikhroli West, Mumbai 400083, Maharashtra.
Tel: +91 22 4918 6000
Fax: +91 22 4918 6060
Email: jash.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact Person: Ms. Shanti Gopalkrishnan
SEBI Registration Number: INR000004058
Validity of Registration: Permanent

Lead Managers:

A/603-606, The Capital, Plot No. C 70, G Block, Bandra-Kurla Complex,
Bandra (East), Mumbai 400 051, Maharashtra.
Tel: +91-22-6704 8000
Fax:+91-22-6704 8022
Contact Person: Mr. Amit Kumar
SEBI Registration No: INM 000004224
Validity of Registration: Permanent


Last Updated-Dec 29, 2017 @ 11:04 am

Total Issue Size 4000800
Total Bids Received 2442000
Total Bids Received at Cut-off Price 243600
No. of times issue is subscribed 0.61


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