Gajanand International IPO

Gajanand International Ltd IPO offers 57,36,000 shares worth INR 20.65 crores. Funds will meet working capital requirements and cover general corporate purposes.

Important Details

Open Date : September 9, 2024 Close Date : September 11, 2024 Allotment Date: September 12, 2024 Listing Date: September 16, 2024

Important Details

IPO Price: INR 36 per share Lot Size: 3000 Shares Total Issue Size: INR 20.65 crores

Fundamental Analysis

Gajanand International IPO shows mixed performance: 1. Strong revenue growth. 2. Rising equity, reduced debt. 3. Increased profitability, EPS, and RoNW. 4. Enhanced liquidity and inventory management.

Peer Comparison

Gajanand International: Strong profitability, EPS, and RoNW. Laxmi Cotspin: Reports losses and lower metrics. Spright Agro: Solid revenue and earnings growth

Objective

Main objective of Gajanand International Limited is to meet the working capital requirements.

Risks And Challenges

Gajanand International IPO Risks: 1. Seasonal revenue fluctuations. 2. Material shortages due to lack of supply agreements. 3. Risks from first-generation promoters' experience. 4. Critical personnel retention issues.