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Jash Engineering Ltd
Registered Office: 31 Sector-C Industrial Area, Sanwer Road, Indore - 452015, Madhya Pradesh
Phone: 91-731-2720143/2721143/4232900
Email:
Website: www.jashindia.com
Initial public offering of 40,00,800 equity shares of face value of Rs.10 each (equity shares) of Jash Engineering Limited (the company or the issuer) for cash at a price of Rs.120 per equity share including a share premium of Rs. 110 per equity Share (the offer price), aggregating to Rs. 48.01 Crores (the offer) comprising of a fresh issue of 22,61,198 equity shares By the company aggregating to Rs. 27.13 crores (the fresh issue) and an offer for sale of 17,39,602 equity shares aggregating up to Rs. 20.88 Crores by Pragati India Fund Limited, (the selling shareholder) (offer for sale). And together With fresh issue (the offer). The offer comprises 2,00,400 equity shares of face Value of Rs.10 each for cash at a price of Rs.120 per equity share, aggregating up to Rs. 2.40 Crores reserced for subscription by the market maker to the offer (the market maker reservation portion). The offer less market maker reservation portion i.e. 38,00,400 equity shares of face value of Rs.10 each for cash at a price of Rs.120 per equity share, aggregating Rs.45.60 crores is hereinafter referred to as the net offer. The offer and the net offer will constitute 33.80% and 32.11%, respectively of the post offer paid up equity share Capital of the company. The face value of the equity shares is Rs.10 each. The offer price is Rs.120 is 12.00 times the face value of each equity shares.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
28-Sep-2017	03-Oct-2017	₹ 120.00	₹ 0.00

Minimum Application for shares in Nos : 1200 Further Multiples of : 1200
	(₹)Cr.	Lead Managers to the Issue
Project Cost	48.01	Systematrix Corporate Services Ltd
Project Financed through Current Offer	48.01
Post Issue Equity Share Capital	11.84
Issue Price	₹120.00

Projects
To meet working capital requirement of the company
Expansion of manufacturing facilities at Unit III
To acquire leased land and to set-up new manufacturing plant at SEZ Pithampur (i e Proposed unit IV)
General Corporate purposes
Fund required for exit of Pragati Fund India Ltd i e Proceeds for OFS

Promoted By
Laxminandan Amin
Pratik Patel
Bhairavi Patel

Listing At
NSE - SME

Registrar to the Issue
Link Intime India Pvt Ltd

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