Jiwanram Sheoduttrai Industries Limited IPO Review, Date, Price, GMP

Jiwanram Sheoduttrai Industries Limited Incorporated in 1997 is primarily engaged in the manufacturing and export of Industrial Safety Gloves and Garments, offering customized solutions in the field of Industrial Safety. The Company Has their manufacturing units in Baruipur, Nandankanan, and Falta SEZ in West Bengal. Jiwanram Sheoduttrai Industries Limited’s product range includes products like gloves, industrial garments, and other protective personal protective equipment (PPE) and safety solutions.

From the Year 1997 JSIL started manufacturing PPEs and also expanded its export operations to countries like the United States of America, Spain, Germany, and Belgium. The Company Has Established a good global presence by diversifying in countries across the world particularly in Europe, America, and the Middle East, spanning over twenty countries. JSIL is recognized worldwide as a manufacturer of Industrial Garments and Gloves and a leading exporter of head-to-toe safety wear and workwear.

Initially focusing on industrial safety gloves, Jiwanram Sheoduttrai Industries Limited gradually expanded into the industrial garment sector.JSIL’s dedication to creating excellent products has allowed them to hold their place in the market and also helps them establish long-lasting relationships with foreign customers.

The company categorizes its business into three product verticals:

1. Manufacturing and export of Industrial Leather Gloves, including Canadian, Welder, Driver, Mechanical, Combi, Hi-Vis, etc. These gloves are tailored as per specifications given by the customer, featuring thinsulate lining and Kevlar stitching.

2. Manufacturing and export of Industrial Garments, including Fire retardant, high visibility, water repellent, U.V protection, oil and soil repellent, anti-bacterial, anti-peeling, etc. These garments are manufactured according to customer specifications.

3. Manufacturing and export of Work and Casual wear, with a focus on Hospital Garments, Hotel Industry Garments, shirts, trousers, jeans, jackets, and T-shirts produced on an order basis.

Jiwanram Sheoduttrai Industries Limited has registered as an Original Equipment Manufacturer (OEM) at the Government e-Marketplace (GeM) under the Quality Council of India. For enhancing the company’s presence in the domestic market this strategic move was made. The company is committed to improving through process innovation and quality maintenance and their main focus is to deliver good quality products for improving customer satisfaction and also for cultivating a positive brand reputation in the industry. JSIL’s management and team have played a crucial role in maintaining long-lasting customer relationships, ensuring a consistent flow of repeat orders.

Jiwanram Sheoduttrai Industries Limited IPO Complete Details:

Jiwanram Sheoduttrai Industries Limited IPO Timetable:

Company Financial Details:

AS OF NOW, the GMP OF Jiwanram Sheoduttrai Industries Limited is Around 16 Rs.

Objects Of Issue:

1. Meeting the working capital requirements.
2. Prepayment and repayment of all or a portion of certain unsecured loans availed by the company.
3. Pursuing general corporate objectives.
4. Covering the expenses associated with the offer.

Promoters:

• Alok Prakash is the Managing Director and one of the Promoter. He has a Bachelor’s Degree in Commerce from the University of Calcutta and has been on the Board since November 29, 1997. Alok Prakash has over 24 years of experience in the Industrial Safety Industry, he played a key role in expanding into new markets and achieving significant sales growth.
• Anupama Prakash, aged 58, is the Chief Financial Officer, holding a Bachelor of Science degree from the University of Jadavpur. She manages the Company’s financial affairs and contributes to strategic decision-making.
• Gyan Prakash, aged 30, heads Company Operations with a Bachelor of Science in Industrial Engineering from Northeastern University, Boston, USA. He manages Industrial Garments and Gloves production, international exports, and related financial matters.
• Alok Prakash HUF, a Company Promoter, holds 1,24,15,200 equity shares, representing 71.656% of the pre-issue equity share capital, with Mr. Alok Prakash as the HUF’s Karta (head).

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