Jinsuri Electromet IPO Details

SME BSE

Jinsuri Electromet IPO Summary

Jinsuri Electromet IPO DRHP (Draft Red Herring Prospectus) has been Offer Document Returned.

Jinsuri Electromet IPO price band has been fixed at ₹45 – ₹45 per share. The face value is ₹10 per share with a lot size of 3000.

Jinsuri Electromet IPO total issue size comprises 39,99,000 shares (aggregating up to ₹18.00 Cr). This includes a fresh issue of 39,99,000 shares (aggregating up to ₹18.00 Cr). Pre-issue shareholding stands at 72,54,000, which will increase to 1,12,53,000 post-issue.

Jinsuri Electromet IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

The Lead Managers for Jinsuri Electromet 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 Inventure Merchant Banker Services Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Inventure Growth & Securities. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the Jinsuri Electromet Limited DRHP.

Jinsuri Electromet IPO Details

Open Date

Close Date

Listing Date

Issue Price

₹45 - ₹45

Face Value

₹10 per share

Lot Size

3000 Shares

GMP

₹0

Issue Type

IPO

Listing On

BSE

Type

Fixed Price Issue

Pre-issue Shareholding

72,54,000 shares

Post-issue Shareholding

1,12,53,000 shares

Total Issue Size

39,99,000 shares(aggregating up to ₹18.00 Cr)

Fresh Issue

39,99,000 shares(aggregating up to ₹18.00 Cr)

Offer for Sale

DRHP Status

Offer Document Returned

Jinsuri Electromet IPO Lot Size

Application	Lots	Shares	Amount
To be announced

Jinsuri Electromet IPO Reservation

Promoter Holding

Pre Issue:

99.996%

Post Issue:

64.46%

Promoter Names:

Rahul C. Jain, Keshrimal B. Jain

Documents

DRHP

Jinsuri Electromet IPO DRHP

Jinsuri Electromet IPO Valuations

ROE6.62%

ROCE8.47%

RONW6.62%

PAT MARGIN3.46

PRICE TO BOOK VALUE1.86

EPS Pre IPO0.89

EPS Post IPO0.67

P/E Pre IPO50.57

P/E Post IPO67.25

Jinsuri Electromet Financial Information

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023
Assets	13.33	10.86	8.41
Revenue	11.11	18.63	0.41
Profit After Tax	0.38	0.65	0.01
Net Worth	12.4	9.74	2.59
Reserves and Surplus	5.15	5.73	0.01
Total Borrowing	0.01	0.47	5.75
Amount in ₹ Crore

About Jinsuri Electromet IPO

Incorporated in2022, Jinsuri Electromet Limited is specializes in the supply of aluminum sections and fully fabricated windows to builders, contractors, and wholesale suppliers.

They source aluminum windows and electronic heat sinks through contract manufacturing arrangements with Ramco Extrusion Private Limited in Murbad.

The company sources electronic heat sinks from Ramco Extrusion Private Limited, supplying them to electrical contractors and wholesalers, and also supplies tools and die steel for precision tooling in high-performance applications.

The company trades in graphite products, including blocks, plates, powder, rods, dies, and crucibles, used in industries requiring high thermal and electrical conductivity, such as metal casting, lubricants, and die-casting.

Products:

Aluminium sections and fully fabricated windows in various sizes: Domal Series, Channels, Window series and Heat Sinks
Graphite Products: Graphite Blocks, Plates, Powder

As of December 18, 2024, the company has 9 employees.

Competitive Strengths:

Wide Range of Options
Customer Service
Strong Partnerships
Quality

Strength Of Jinsuri Electromet IPO

To be announced

Risk Of Jinsuri Electromet IPO

To be announced

Objectives Jinsuri Electromet IPO

1. Acquire custom-made Dyes

2. Deposit payment for Contract Manufacturing

3. Purchase of Registered office / Corporate Office

4. Funding additional Working capital requirements

5. General Corporate Purposes

Company Contact Details

Jinsuri Electromet Limited
B-702, Divine Jalpa, Gomati Bhuvan
Jambli Galli, Borivali (W),
Near Jain Mandir
Mumbai, Maharashtra
Phone: +91 22 2898 030
Email: info@jinsurielectromet.com
Website: http://www.jinsurielectromet.com/

Registrar Contact Details

Name:

Purva Sharegistry India Pvt Ltd

Phone:

+91-22-31998810, +91-22-49614132

Email:

newissue@purvashare.com

Website:

https://www.purvashare.com/investor-service/ipo-query

Lead Mangers

Market Maker

Jinsuri Electromet FAQs

The Jinsuri Electromet IPO is a SME public issue comprising 3999000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹18.00 Cr. The issue price has been fixed at ₹45 per equity share, and the minimum application size is 3000 shares.

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

Purva Sharegistry India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Jinsuri Electromet IPO opens on TBA.

Jinsuri Electromet IPO lot size is 3000, and the minimum amount required for application is ₹135000.

You may apply for the Jinsuri Electromet 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 Jinsuri Electromet 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 Jinsuri Electromet IPO allotment status for updates.

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

Jinsuri Electromet 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 ₹0 (0%).