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Gajanand International IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Rajkot and caters to Agro - Plantation sector. Fast Track Finsec is the merchant banker of Gajanand International IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th February 2024.
Gajanand International IPO open date is 9th September 2024 and close date is 11th September 2024. IPO Allotment Date is 12th September 2024 and Listing date is 16th September 2024.
IPO
Size:
₹ 20.65 Cr.
Avg IPO Size (Sector Based)
: ₹
16.08 cr.
Sector: Agro - Plantation
SME
IPO so far:
7
Merchant Banker:
Fast Track
SME
IPO by BRLM so far:
13
City:
Rajkot
SME
IPO so far:
27
Revenue (annualised):
₹
108.74
cr. 
PE
Ratio:
30.31x
Average Sector PE Ratio: 16.02x
Gajanand International IPO size is ₹ 20.65 Cr. with IPO price of ₹ 36.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Fast Track Finsec Private Limited is the book-running lead manager of the Gajanand International IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Nikunj Stock Brokers Limited for Gajanand International IPO.
Gajanand International IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
IPO
Size:
₹ 20.65 Cr.
Avg IPO Size (Sector Based)
:
₹ 16.08 Cr.
Sector: Agro - Plantation
SME
IPO so far:
7
Merchant Banker:
Fast Track
SME
IPO by BRLM so far:
13
City:
Rajkot
SME
IPO so far:
27
Revenue (annualised):
₹ 1.09 cr.
PE
Ratio:
30.31x
Average Sector PE Ratio: 16.02x
Gajanand International IPO, based in Rajkot, operates in the Agro - Plantation sector with a focus on production of contamination-free and sustainable cotton.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Gajanand International IPO size is ₹ 20.65 Cr. with fresh issue size of ₹ 20.65 Cr. and Offer for sale being ₹ Nil.
The IPO allotment date for Gajanand International IPO is expected to be 12th September 2024, after the finalization of basis of allotment. Investors can check Gajanand International IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Gajanand International IPO refund dates are 13th September 2024.
Gajanand International IPO is expected to be listed on 16th September 2024.
The upper price band for the Gajanand International IPO is set at ₹ 36.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Gajanand International IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Gajanand International IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 11th September 2024. After submission, funds are blocked until the basis of allotment of Gajanand International IPO is finalised.
The merchant banker for Gajanand International IPO is Fast Track Finsec Private Limited . Fast Track Finsec Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Gajanand International IPO RHP for further details.
The registrar for Gajanand International IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Gajanand International IPO through their official website or helpline.
Gajanand International IPO was subscribed 15.27 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Gajanand International IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Gajanand International Financial Review Page
Merchant Banker(s) of Gajanand International IPO: Fast Track Finsec Private Limited
Gajanand International IPO subscription was 15.27 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Gajanand International IPO listed at a listing price of 39.90 against the offer price of 36.00.
The current market price of Gajanand International is 12.80.
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