Jerai Fitness IPO Details

MAINBOARD

Jerai Fitness IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.

Jerai Fitness IPO total issue size comprises 43,92,500 shares (aggregating up to ₹0.00 Cr.). This includes a fresh issue of 43,92,500 shares (aggregating up to ₹0.00 Cr.). Pre-issue shareholding stands at 1,74,99,600, which will increase to 1,74,99,600 post-issue.

The Lead Managers for Jerai Fitness IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Catalyst Capital Partners Pvt Ltd, Emkay Global Financial Services Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Jerai Fitness Limited DRHP.

Jerai Fitness IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
1,74,99,600 shares
Share holding post issue
1,74,99,600 shares
Total Issue Size
43,92,500 shares (aggregating up to ₹0.00 Cr.)
Fresh Issue
43,92,500 shares (aggregating up to ₹0.00 Cr.)
Offer for Sale
-
DRHP Status
SEBI Approval Received

Jerai Fitness IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Jerai Fitness IPO Reservation

Promoter Holding

Pre Issue:100%
Post Issue:-
Promoter Names:
Rajesh Ramsukh Rai, Rinku Rajesh Rai

Documents

Jerai Fitness IPO Valuations

ROE:25.19%
ROCE:33.97%
DEBT/EQUITY:0.01
RONW:25.19%
PAT MARGIN:18.28%

Jerai Fitness Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets155.63121.44106.95
Total Income134.74110.55116.76
Profit After Tax23.4017.9719.28
EBITDA31.2229.0031.01
NET Worth104.5781.2363.20
Total Borrowing1.491.997.78
Amount in ₹ Crore

About Jerai Fitness IPO

Jerai Fitness offers different types of fitness equipments to meet the evolving customer needs and global trends.
Product Categories:

  1. Cardiovascular Equipment: Treadmills, Ellipticals, Exercise bikes (recumbent, upright, spinning), Stair climbers, Air bikes, Rowers, and Steppers. These are designed for both commercial and semi-commercial use, with modern features like touchscreens and performance tracking.
  2. Strength Equipment: The company manufactures a wide variety of strength training equipments, including Selectorized Machines, Machines with weight stacks and pulleys, Load-On Machines, Plate-loaded machines, Benches, Racks & Free Weights, dumbbells, Olympic bars, etc.
  3. Fitness Accessories: Dip stands, Gym belts, Plyometric boxes, Power bags, Kettlebells, Wall balls, Foam rollers, Punching bags, Gym balls, Battle ropes, etc.

Customer Segments: The company serves a wide range of customers like Commercial gyms and fitness chains, Real estate developers, Government bodies and defence units, Hotels, hospitals, schools, and colleges, etc.

Manufacturing & Facilities: Manufacturing facility in Wada, Palghar, Maharashtra, across 145,530 sq. ft. Well equipped with modern machinery including CNCs, robotic welding, laser cutters, and powder-coating lines. It has a current strength equipment production capacity of 21,000 units annually.

In FY 2025, 92.30% of revenue derived from domestic sales and remaining 7.70% generated from export.

Business Strengths

  • Manufacturer of fitness equipment in India with a legacy of over three decades
  • Fully-automated manufacturing facility with technology
  • Extensive product range catering to various fitness requirements
  • Diverse range of customers across multiple industries
  • Global outreach and expanding international presence
  • Experienced and qualified management team

Strength Of Jerai Fitness IPO

To be announced

Risk Of Jerai Fitness IPO

To be announced

Objectives Jerai Fitness IPO

1. To carry out the Offer for Sale of up to 4,392,500 Equity Shares of face value of Rs 10 each by the Selling Shareholder

2. Achieve the benefits of listing the Equity Shares on the Stock Exchanges

Company Contact Details

Jerai Fitness Ltd.
D-204, Gagangiri Complex, New Link Road
near McDonald, Kandarpada
Dahisar (West),
Mumbai, Maharashtra, 400068
Phone: +91 75061 02102
Email: cs@jeraifitness.com
Website: http://www.jeraifitness.com/

Registrar Contact Details

Name: Bigshare Services Pvt Ltd
Phone: +91-22-62638200

Jerai Fitness IPO - FAQs

The Jerai Fitness IPO is a MAINBOARD public issue comprising 4392500 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹0.00 Cr.. The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

The Jerai Fitness IPO opens on TBA.

Jerai Fitness IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the Jerai Fitness IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Jerai Fitness IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Jerai Fitness IPO allotment status for updates.

The listing date for the Jerai Fitness IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Jerai Fitness IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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