Jinaams Dress Ltd.
 
Plot No. 524, Road No. 5, Sachin GIDC, Sachin, Surat, Gujarat - 394230
Phone: 2399123

Public Issue of 7200000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 49.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
09/04/201915/04/201959.00 -
Lead Managers Registrar Listed at
SMC CAPITALS LIMITED
Bigshare Services Pvt. Ltd.
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makhwana Road,, Marol, Andheri (E),
Mumbai, Maharashtra - 400059
Phone: 28470652 Fax:
BSE
Object of the issue

The Issue consists of issue of 72,00,000 Equity Shares of the Company aggregating to Rs. 4,248.00 Lakhs. The objects of the Issue are to finance the business expansion plans and achieve the benefits of listing on the SME Platform of BSE Limited.

REQUIREMENT OF FUNDS

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.

Project Cost
(Rs. in Crs.)
ISSUE EXPENSES3.76
Repayment of Debt5.00
Purchase of Plant & Machinery7.00
WORKING CAPITAL REQUIREMENTS18.00
GENERAL CORPORATE EXPS.8.72
TOTAL COST42.48
Means of Finance
(Rs. in Crs.)
PUBLIC ISSUES42.48
TOTAL COST42.48
Promoted by


The Promoters of the Company are Mr. Rahul Hemraj Oswal, Mr. Vishal Hemraj Oswal and Mr. Pritam Hemraj Oswal

1. Mr. Rahul Hemraj Oswal : his aged 42 years, is one of the Promoters and also the Chairman & Managing Director of the Company. He holds a Bachelor’s degree in Science with specialisation in Mathematics from South Gujarat University. Rahul Hemraj Oswal has more than fifteen years of experience in fashion garment manufacturing industry and trading of synthetic fabrics. He is responsible for developing business strategies and instrumental in formulating strategic growth of the Company. He is also the head of the designing department and also plays a crucial role in marketing the products of the Company. He has been associated with the Company since incorporation. With his vast experience in the garment industry, he has been the driving force behind the success of the Company and has contributed immensely towards the overall growth of the Company.

Aadhaar card number : 218841276518

Driving license number : GJ0520070066060

permanent account number : AAXPJ5059M

2. Mr. Vishal Hemraj Oswal : his aged 36 years, is one of the Promoters and also a Whole-time Director of the Company. He holds a Bachelors ‘degree in Business Administration from South Gujarat University. He has been associated with the Company since incorporation. He has more than one decade of experience in textile industry. He is responsible for monitoring the production, purchases and accountsof the Company.

Aadhaar card number : 326382355901

Driving license number : GJ05 20010004896

permanent account number : AAEPO2778D

3. Mr. Pritam Hemraj Oswal : He is the director of the Company

Aadhaar card number : 589204715458

Driving license number : GJ0520060000505

permanent account number : AAEPO2777N