Gajanand International Ltd

Gajanand International Ltd IPO

Gajanand International Ltd IPO Price Range is ₹36 - 36, with a minimum investment of ₹1,08,000 for 3000 shares.

₹1,08,000

/ 3000 shares

Minimum Investment

View Gajanand International Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹36 - 36

Open Date

2024-09-09

Close Date

2024-09-11

IPO Size

₹20.65 Cr

Lot Size

3000 shares

Min Investment

₹1,08,000

Listing Exchange

NSE

Gajanand International Ltd IPO Application Timeline

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Open Date9 Sep 2024
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Close Date11 Sep 2024
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Allotment Date12 Sep 2024
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Listing Date16 Sep 2024

Strengths and Risks

Strengths

Strengths

  • Good track record.

  • Government support Textile industry.

  • Leveraging the experience of its Promoters.

  • Experienced management team and a motivated and efficient work force.

  • Cordial relations with its consumers.

  • Quality assurance and control.


Risks

Risks

  • Its business is subject to seasonal volatility which contributes to fluctuations in the companys results of operations and financial condition.

  • The company does not have long term contracts with its suppliers and therefore, there may be potential unavailability of raw materials (Supply Chain Risks) in future which may adversely affect its business operations.

  • Its present promoters of the Company are first generation entrepreneurs.

  • The Company has negative cash flows from its operating activities, investing activities as well as financing activities in the current and past years, details of which are given below. Sustained negative cash flow could impact its growth and business.

  • Omission of Some Objects in the Memorandum of Association of the Company.

  • Its top 5 customers contributed 84.39%, 85% and 98% of the company total revenue from operations for the year ended March 31, 2024, for the year ended March 31, 2023 and for the year ended March 31, 2022. Any loss of business from one or more of them may adversely affect its revenues andprofitability.

  • The company has not entered into any long term or definitive agreements with its customers. If the company customers choose not to source their requirements from it, its business, financial condition and results of operations may be adversely affected.

  • Its top 5 customers contributed 84.39%, 85%and 98% of the company total revenue from operations for the year ended March 31, 2024, for the year ended March 31, 2023 and for the year ended March 31, 2022. Any loss of business from one or more of them may adversely affect its revenues and profitability.

  • Its dependence upon transportation services for supply and transportation of the company products are subject to various uncertainties and risks, and delays in delivery may result in rejection of products by customer.

  • Any adverse movement in the price of the raw material may affect the price of the finished products and affect its profitability.

How to Apply for Gajanand International Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Gajanand International Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Gajanand International Ltd

Gajanand International Limited is in cotton and textile industry where it takes kapas as raw material and process Indian Cotton Fiber Quality Standards by minimizing Trash and Moisture, Improving the Cotton Grade Standard and Cotton Packing Standard, and Providing Logistic Support to Ensure Timely Delivery.

Frequently Asked Questions of Gajanand International Ltd IPO

What is the size of the Gajanand International Ltd IPO?

The size of the Gajanand International Ltd IPO is ₹20.65 Cr.

What is the allotment date of the Gajanand International Ltd IPO?

Gajanand International Ltd IPO allotment date is Sep 12, 2024 (tentative).

What are the open and close dates of the Gajanand International Ltd IPO?

The Gajanand International Ltd IPO will open on Sep 9, 2024 and close on Sep 11, 2024

What is the lot size of Gajanand International Ltd IPO?

The lot size for the Gajanand International Ltd IPO is 3000.

When will my Gajanand International Ltd IPO order be placed?

Your Gajanand International Ltd IPO order will be placed on Sep 9, 2024

Can we invest in Gajanand International Ltd IPO?

Yes, once Gajanand International Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Gajanand International Ltd IPO?

The potential listing gains on the Gajanand International Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Gajanand International Ltd IPO?

'Pre-apply' for Gajanand International Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.