Jiwanram Sheoduttrai IPO Subscription Status

Jiwanram Sheoduttrai IPO subscription status: Jiwanram Sheoduttrai Industries is an SME IPO of 7,422,000 equity shares of the face value of ₹10 aggregating up to ₹17.07 Crores. The issue is priced at ₹23 per share. The minimum order quantity is 6000 Shares.

The IPO opened for subscription on September 8, 2023 and will close on September 12, 2023. The shares will be listed on the NSE SME exchange on September 21, 2023.

Jiwanram Sheoduttrai IPO Subscription Status

Jiwanram Sheoduttrai IPO GMP

To check the latest GMP, please check this IPO GMP page.

Jiwanram Sheoduttrai IPO Review

The Jiwanram Sheoduttrai Industries IPO is a good opportunity for investors to participate in the growth of the industrial safety gloves and garments market. The company has a strong brand name and a good reputation for quality. The company also has a strong distribution network, which will help it to reach a wider range of customers.

However, there are some risks associated with the IPO. The company is a relatively small company and has limited financial resources. The company also faces competition from other manufacturers of industrial safety gloves and garments.

Here is a summary of the pros and cons of the Jiwanram Sheoduttrai IPO:

Pros:

• The company is a leading manufacturer and exporter of industrial safety gloves and garments.
• The company has a strong brand name and a good reputation for quality.
• The company has a strong distribution network.
• The industrial safety gloves and garments market is expected to grow at a CAGR of 8%-10% in the next few years.

Cons:

• The company is a relatively small company and has limited financial resources.
• The company faces competition from other manufacturers of industrial safety gloves and garments.
• The company’s business is dependent on the demand for safety products in the manufacturing, construction, and oil and gas industries.

Investors should carefully consider the pros and cons of the Jiwanram Sheoduttrai IPO before investing. They should also do their own due diligence to understand the risks involved in investing in the IPO.

The grey market premium for the Jiwanram Sheoduttrai IPO is currently at ₹3 per share. This indicates that there is strong demand for the IPO and that it is likely to list at a premium. However, investors should note that the grey market premium is not always accurate and the IPO may not list at the GMP.

The final decision of whether or not to invest in the Jiwanram Sheoduttrai IPO is up to the individual investor. Investors should carefully consider their own financial situation and risk appetite before making a decision.

Jiwanram Sheoduttrai Subscription Status FAQs