IPO Details
A and M Jumbo Bags Ltd.
Block No.-100, Bhagwati Rice Mill, Opp. Hp Petrol Pump, Ahmedabad, Gujarat - 382426

Public Issue of 616000 Equity Shares of Rs. 10.00 each for Cash at a Premium of Rs. 55.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
29/01/201802/02/201865.00 -
Lead Managers Registrar Listed at
PANTOMATH CAPITAL ADVISORS PVT. LTD.
Bigshare Services Pvt. Ltd.
1st Floor, Bharat Tin works Building,
Opp. Vasant Oasis,, Makwana Road, Marol,
Mumbai, Maharashtra - 400059
Phone: 40430200 Fax: 28475207
NSE
Object of the issue

The proceeds of the Issue, after deducting Issue related expenses, are estimated to be 350.40 lakhs (the "Net Proceeds").

We intend to utilize the net proceeds from Issue towards the following objects:

1. Working Capital requirements,
2. General Corporate Purpose.

Project Cost
(₹ in Crs.)
ISSUE EXPENSES0.50
WORKING CAPITAL REQUIREMENTS2.73
GENERAL CORPORATE EXPS.0.77
TOTAL COST4.00
Means of Finance
(₹ in Crs.)
PUBLIC ISSUES4.00
TOTAL COST4.00
Promoted by

The Company is promoted by Mr.Pratish Shah and Mrs.Gita Patel

1. Mr.Pratish: is aged 52 years, is the Chairman and Managing Director of the Company. He holds a Diploma degree in Civil Engineering from the Technical Examinations Board of Gandhidham Polytechnic Institution from State of Gujarat. He has an experience of around 15 years in this industry. He initially started his venture by trading in Jumbo Bags and later expanded his business by setting up manufacturing facility at Jetalpur. He handles the sales, marketing and overall business operations of the Company.

Passport No: K1988637

Driving License: GJ01-20010310899

Voters ID: RIQ2218642

Address: 6, Devi Park, C. H. Soc. Ltd, Nr. Gopal Chowk, Bhairavnath Road, Kankaria, Ahmedabad 380008, Gujarat, India.


2. Mrs.Gita Patel: Gita Patel, aged 48 years, is the Director of the Company. She has been on the Board since incorporation and looks after the human resthece department and administration of the Company.

Passport No: R0020093

Driving License: GJ01-910045-01

Voters ID: GJ/10/077/4290008

Address: 5 Janardan Soc, Bhairavnath Road, Kankaria, Ahmedabad 380008, Gujarat, India.