Incorporated in 2011, Gujarat based Jinaam's Dress Limited is a manufacturer, distributor and supplier of Indian fusion and ethnic
apparels for women. It has a PAN India presence through distribution network across19 states and 4 UTs in the country. The company focuses on new designs considering current market trends.
Retail Market:
Lately, the company has entered the retail market with the help of a retail outlet in Gujarat. To improve retail presence, it tied-up with Mandola e-Trade Pvt Ltd to use its e-commerce platform for online marketing and selling women apparels.
Net Profit:
From FY 2015-16 to FY 2017-18, the net profit of the company was improved from 213.57lakh to 782.11 on the restated financial statement basis at CAGR of 54.14%.
Manufacturing Unit:
It has a manufacturing unit producing 5,00,000 meters/month capacity for apparel material. The manufacturing process of the
company includes dying, cutting, embroidery, printing, stitching, sewing, finishing, and packing.
Products:
The company offers a wide range of Indian ethnic and fusion apparel for women such as sarees, dupatta, kurti, lehenga-choli,
and scarfs. From casual wear to party wear for the woman, it provides different products in different fabrics (such as wool, silk,
velvet, crepe, georgette, cotton and chiffon).
Brand Portfolio:
The company has a brand portfolio which includes FORMM, TIARAA, ZAREEN, ASMIRA, ROMA, BAHNI, HEROINE, FLORAL CREATION and JINAAM.
International Presence:
The company also exports fabrics to different countries namely Nepal, UK, Afghanistan, Mauritius, and Dubai through international dealers and merchants.
1. Enhance retail presence
2. Increase Brand awareness
3. Venture into Home furnishing
4. Take corrective measure
5. Increase customer base by expanding distribution reach
The competitive strengths of the company are:
1. Innovative product designs
2. Diversified Product Portfolio
3. In-house Manufacturing facility
Company Promoters:
The Company Promoters are:
1. Rahul Hemraj Oswal
2. Vishal Hemraj Oswal
3. Pritam Hemraj Oswal
Company Financials:
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
30-Nov-18 31-Mar-18 31-Mar-17 31-Mar-16
Total Assets 14,979.73 14,079.68 10,353.41 11,403.83
Total Revenue 9,510.54 15,289.06 13,438.32 13,631.96
Profit After Tax 416.99 782.11 287.54 213.57
Objects of the Issue:
The objects of the Issue are as stated below:
1) Purchase of Machineries
2) Augmenting the long term working capital requirements of the Company
3) Repayment of certain debt facilities availed by the Company
4) General corporate purposes
5) To meet the Issue related expenses
Jinaam's Dress Limited IPO Details
Issue Open Apr 9, 2019 - Apr 15, 2019
Issue Type Fixed Price Issue IPO
Issue Size 7,200,000 Eq Shares of Rs 10
(aggregating up to Rs 42.48 Cr)
Face Value Rs 10 Per Equity Share
Issue Price Rs 59 Per Equity Share
Market Lot 2000 Shares
Min Order Quantity 2000 Shares
Listing At BSE SME
Jinaam's Dress Limited IPO Tentative Date / Timetable
Bid/Offer Opens On Apr 9, 2019
Bid/Offer Closes On Apr 15, 2019
Finalisation of Basis of Allotment Apr 22, 2019
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