About the Company:
Jinaam’s Dress Ltd is a manufacturers of Indian ethnic and fusion wear for women.
Company designs, manufactures and markets wide portfolio of women’s apparels across multiple brands.
Company sells products through distribution network spread across 19 states and 4 union territories in India. Company also operates a retail store for women’s apparel located at The Gateway Hotel, Surat, Gujarat.
Company also has an exclusive tie up with e-commerce platform www.manndola.com, owned by one of the Group Company, for online marketing and selling of company’s
Company has an installed manufacturing capacity of 5,00,000 mtrs/month for dress materials.
The current brand portfolio includes “JINAAM”, “FLORAL CREATION”, “ROMA”, “ASMIRA”, “HEROINE”, “BAHNI”, “ZAREEN”, “TIARAA” and “FORMM”.
Each brand is catering to different sets of consumer requirements.“Roma” is a brand catering to the women ethnic market in cotton and crepe fabric with high end embroidery and skilled stitching techniques. “Heroine” is the premium clothing brand.
Company’s distribution channel currently covers states of Gujarat, Punjab, Delhi, Haryana, Jammu & Kashmir, Maharashtra, Karnataka, West Bengal, Madhya Pradesh, Kerala, Telangana and Uttar Pradesh.
Company also caters international market in countries such as United Kingdom, Dubai, Nepal, Pakistan, Afghanistan and Mauritius directly or through merchant exporters and bulk fabric dealers.
Expand the Presence into Home furnishing:
Considering the competitive advantage in home furnishing segment in the current Indian markets and the attractive margins, Company is also in the preliminary stage of planning and discussions for expanding its business by venturing into home furnishing segment.
- Mr. Rahul Hemraj Oswal (Designation: Managing Director)
- Mr. Vishal Hemraj Oswal (Designation: Whole Time Director)
Objectives of the Issue:
- Purchase of Machineries.
- Augmenting the long term working capital requirements of the Company.
- Repayment of certain debt facilities availed by the Company.
- General corporate purposes.
Financials of the Company:
|(in Crores)||FY 16||FY 17||FY 18||30th Sept 18|
Valuation of Peer Group Companies:
|Company Name||Face Value||EPS||PE Ratio||RoNW||NAV|
|Jinaam’s Dress Limited||10||5.26||11.21||25.37%||22.02|
|TCNS Clothing Co. Limited||2||15.36||53.74||22.74%||76.54|
Also Read: Suumaya Lifestyle Ltd
|Issue Opens on||9th April 2019|
|Issue Closes on:.||15th April 2019|
|Minimum Lot||2000 Shares|
|Issue Size||Rs.42.48 cr|
|Market Cap||Rs.131.46 cr|
|Listing at||BSE SME|
|Equity Shares Offered (Fresh)||72,00,000|
|Equity Shares Prior to the Issue||1,50,82,000|
|Equity Shares after the Issue||2,22,82,000|
|Finalization of Basis of Allotment||on or Before 22nd April 2019|
|Initiation of Refunds||on or Before 23rd April 2019|
|Credit of Equity Shares:||on or Before 24th April 2019|
|Listing Date:||on or Before 25th April 2019|
IPO Valuation Parameters:
|Earnings Per Share (EPS)||Price To Earnings ratio (PE)||Return on Net Worth (RoNW)||Net Asset Value (NAV)|
|Check IPO Allotment Status:|
Bigshare Website (Click on the below Link)
|Company Contact Info:|
|Jinaam’s Dress Ltd
Plot No. 524, Road No. 5,
GIDC, Sachin, Surat – 394230,
|IPO Registrar Info:|
|Bigshare Services Private Limited
1STFloor, Bharat Tin Works Building
Opp. Vasant Oasis, Makhwana Road,
Marol Andheri (East) Mumbai – 400 059
Telephone: +91 22 2847 0652/ 4043 0200
|Lead Manager to the Issue:|
|SMC Capitals Limited
A-401/402, Lotus Corporate Park
Jai Coach Junction, Off Western Express Highway
Goregaon (East) Mumbai- 400063
Telephone: +91 22 6648 1818