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JSK Marketing IPO – Review, Allotment, Subscription, GMP & DRHP

Let’s have a detailed review of the company and analytics of the JSK Marketing IPO release date, IPO offer price, subscription, JSK Marketing IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters and other related things.

JSK Marketing Limited is a product marketing company involved in the trading and distribution of various products in multiple verticals such as digital consumer electronics, apparels, garments, fabrics and textiles / fashion & lifestyle, batteries & torches, white goods, office electronics, household items and agro & other commodities. 


JSK Marketing IPO Review & Ratings

IPO Ratings & Review
CriteriaRatings
Industry Sentiments8.5/10
Industry Ranking7.8/10
Company Background7.9/10
Company Reputation7.9/10
Competitive Edge7.7/10
Financial Statements7.8/10
Popularity Index8.4/10
Promoters Reputation7.7/10
Retail Appetite7.9/10
Top Brokers Review7.9/10
Overall Ratings8.1/10
Star Ratings★★★★☆

Summary of JSK Marketing IPO

JSK Marketing IPOJSK Marketing Limited is a product marketing company involved in the trading and distribution of various products in multiple verticals such as digital consumer electronics, apparels, garments, fabrics and textiles / fashion & lifestyle, batteries & torches, white goods, office electronics, household items and agro & other commodities. Initial public offering of Upto 56,04,000 Equity Shares, aggregating up to Rs. [●] Lakhs.

From FY 2015-16 to FY 2017-2018, as per the Restated Financial Statements,

  • The revenue from operations have increased from Rs. 34,285.10 lakhs in the F. Y. 2015-16 to Rs. 57,708.90 lakhs in the F. Y. 2016-17 and further to Rs. 71,484.40 lakhs in the F. Y. 2017-18, showing an increase of 68.32% and 23.87% for the respective periods.
  • The net asset value per Equity Share was Rs. 63.18 and Rs. 326.19 as of Sept 30, 2018 and March 31, 2018, respectively, as per the Restated Financial Statements.
  • Between F. Y. 2015-16 and F. Y. 2017-18, the total revenue grew at a CAGR of 27.75% from Rs. 34,285.10 lakhs for F. Y. 2015-16 to Rs. 71,484.40 lakhs for F. Y. 2017-18, EBITDA grew at a CAGR of 47.03% from Rs. 2,327.83 lakhs for F. Y. 2015-16 to Rs. 7,398.51 lakhs for F. Y. 2017-18 and the PAT grew at a CAGR of 50.91% from Rs. 924.08 lakhs for F. Y. 2015-16 to Rs. 3,175.98 lakhs for F. Y. 2017-18.
  • Net Profit after tax for the above mentioned periods are Rs. 924.08 lakhs, Rs. 2,148.88 lakhs and Rs. 3,175.98 lakhs, respectively. The Revenue & Net Profit for the period ended September 30, 2018 are Rs. 53919.11 lakhs and Rs. 1,397.42 lakhs respectively.

The Promoter of this company is Mr. Kunal JiwarajkaThe lead manager to the issue is Aryaman Financial Services Limited and the Registrar to this issue is Bigshare Services Private Limited.



JSK Marketing IPO Date

The opening and the closing date of JSK Marketing IPO is not known yet.


JSK Marketing IPO Subscription

Day / DateQIBNIIRIITotal Subscription
Day 1 
Day 2
Day 3
Day 4
Day 5
Shares Offered or Net Issue

The shares subscribed by the public will be updated herein on a daily basis, once the IPO is open for subscription.

JSK Marketing IPO Allotment Status

Here, you can find the Allotment Status of this IPO.


JSK Marketing IPO Price Band

The face value of each share is Rs 10, but the price band of the IPO is not yet disclosed. 


JSK Marketing IPO Equity Share Offering

Upto 56,04,000 Equity Shares, aggregating up to Rs. [●] Lakhs


JSK Marketing Limited – Company Overview

JSK Marketing Limited is a product marketing company involved in the trading and distribution of various products in multiple verticals such as digital consumer electronics, apparels, garments, fabrics and textiles / fashion & lifestyle, batteries & torches, white goods, office electronics, household items and agro & other commodities.

JSK Marketing Limited is engaged in a broad based distribution model, based on multiple products and multi-brand strategy. The focus is to establish themselves and capture a considerable market share in each of the product categories. This helps to spread the market risks arising out of fluctuation in the market shares of various brands besides helping us to achieve economies of scale.

Also, their Company is engaged in trading activities for various products, branded & local and industrial & consumer products. In the year 2008, the Company has developed and registered an in-house brand for various products like torches and shoes known as “Tigon”. The products under this brand are outsourced and manufactured by 3rd party manufacturers, who supply the finished goods to us for marketing and selling.

Competitive Strengths of JSK Marketing Limited :

  • Management Expertise
  • Wide Distribution Network & Geographical Reach
  • Renowned Brand Agreements
  • Established Marketing Set-up and Diversified Customer Base
  • Wide range of products
  • Long Standing Track Record with Banks & FIs
  • High Entry Barriers
  • Scalable Business Model

Business strategies of JSK Marketing Limited :

  • Continue to develop customer relationships
  • Augment the fund based capacities in order to scale up business operations
  • Increase their product range and brand partners
  • Increase High Margin Distribution
  • Increase Geographical Presence

JSK Marketing Limited – Financial Statements

A quick look into the past financial performance of the company to understand its performance of business and evaluate the growth prospectus:

Financial Summary:

Amount (in INR & lakhs)
30-Sept-1831-Mar-1831-Mar-1731-Mar-16
Total Assets53,334.1744,731.0133,492.46 14,498.60
Total Revenue53,969.8171,749.09 57,821.80 34,387.60
Total Expense51,896.63 67,230.4854,516.7232,956.00
Profit After Tax1,397.42 3,175.98 2,148.88924.08

Earnings per Equity Share (in lakhs)

30-Sept-1831-Mar-1831-Mar-1731-Mar-16
Basic & Diluted9.4821.2715.237.46

From the above statements, one could find that the JSK Marketing Limited may perform well.


JSK Marketing IPO – Promoters

The Promoter of this company is: Mr. Kunal Jiwarajka

List of Related Parties (Key Managerial Personnel)

  • Mr. Virendra Rai- Chief Financial Officer (CFO) 
  • Ms. Anupkumari Shukla
  • Mr. Narendra Sharma
  • Ms. Pushpa Pal
  • Mr. Irfan Sayed
  • Mr. Ajay Dixit
  • Mr. Parasnath Bind
  • Mrs. Repalli Pandey

Interest in promotion of the Company

Company is currently promoted by the Promoters in order to carry on its present business. Promoters are interested in the Company to the extent of their shareholding and directorship of the Individual Promoter in the Company and the dividend declared, if any, by the Company. The Promoters are interested in the transactions entered into the Company and the Promoter Group.

Property Interest

The promoters along with the promoter group will continue to hold collectively some percentage of the equity share capital of the company. As a result of the same, they will be able to exercise significant influence over the control of the outcome of the matter that requires approval of the majority shareholders vote.

Interest in Intellectual Rights of the Company

Promoters has not shown any interest in acquiring the intellectual rights of the company.


JSK Marketing IPO Offer Details or Issue Details

Particulars No. Of Equity Shares
 Equity Shares Offered Upto 56,04,000 Equity Shares, aggregating up to Rs. [●] Lakhs
 Of which:
 Reserved for Market Makers Upto 2,88,000 Equity Shares aggregating up to Rs. [●] lakhs
 Net Issue to the Public Upto 53,16,000 Equity Shares aggregating up to Rs. [●] lakhs
 Of which:
QIB PortionNot more than [●] Equity shares 
Of which
Available for allocation to Mutual Funds only (5% of the QIB portion) (Excluding the Anchor Investor Portion)Not more than [●] Equity shares 
Balance for all QIBs including Mutual FundsNot more than [●] Equity shares 
 Retail Investors Portion Upto [●] Equity Shares 
 Non-Retail Investors PortionUpto [●] Equity Shares
 Equity Shares outstanding prior to the Issue1,49,34,000 Equity Shares
 Equity Shares outstanding after the IssueUpto 2,05,38,000 Equity Shares

JSK Marketing IPO Issue Object

These are the IPO Issue Objects of the company

  • Funding the Working Capital requirements of the Company:
  •  Repayment/ pre-payment of certain unsecured loans availed from banks and financial institutions by the company; and
  •  General Corporate Purposes

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JSK Marketing IPO – Basis of the Offer Price

The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.

Qualitative factors are:

  • Management Expertise
  • Wide Distribution Network & Geographical Reach
  • Renowned Brand Agreements
  • Established Marketing Set-up and Diversified Customer Base
  • Wide range of products
  • Long Standing Track Record with Banks & FIs
  • High Entry Barriers
  • Scalable Business Model

The relevant quantitative factors are:

On the basis of standalone statement:-

Basic & Diluted EPSRONW in %NAV (Rs.)
31-Mar-167.4642.27
31-Mar-1715.2344.37
31-Mar-1821.2739.12
326.19
  • Price to Earnings (P/E) ratio in relation to Issue Price of [●] per Equity Share of face value of Rs. 10 each
ParticularsP/E ratio
Highest142.2
Average33.6
Lowest1.4
  • Competitive Peers:
Sr. No. ParticularsFace Value  (in Rs.) EPS (In Rs.)P/E RatioRONW (%) NAV (In Rs.)
1Redington India Ltd54.6031.8310.8842.22
2Khemani Distributors & Marketing
Ltd.
52.5863.958.5130.29
3JSK Marketing Limited1021.2760.1239.12326.19

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JSK Marketing IPO Lead Managers

Lead Managers
ARYAMAN FINANCIAL SERVICES LIMITED
60, Khatau Building, Ground Floor,
Alkesh Dinesh Modi Marg, Fort, Mumbai – 400 001
Tel No.: +91 – 22 – 6216 6999 Fax No.: +91 – 22 – 2263 0434
Email: Website: www.afsl.co.in
Investor Grievance Email:
Contact Person: Mr. Pranav Nagar
SEBI Registration No.: INM000011344

JSK Marketing IPO Registrar to offer

Registrar to the Offer
BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,
Makwana Road, Marol, Andheri East, Mumbai – 400 059
Tel No.: +91 – 22 – 6263 8200; Fax No.: +91 – 22 – 6263 8299;
Email: ; Website: www.bigshareonline.com
Investor Grievance Email: ;
Contact Person: Mr. Babu Rapheal
SEBI Registration No.: INR000001385

Other Details:

  • Statutory Auditor – M/s. SSRV and Associates
  • Peer Review Auditor – M/s. SSRV and Associates
  • Bankers to the Company –N.A.

JSK Marketing IPO Review by Top 10 Stock Brokers

Top Stock Brokers ReviewCompany ReputationCompetitive EdgeFinancial StatementPopularity IndexPromoters Reputation
Angel Broking7.5/107.4/108.5/108.1/107.1/10
Sharekhan7.2/107.1/108.6/108.1/107.2/10
Kotak Securities7.3/107.5/108.4/108.1/107.3/10
ICICI Direct7.3/107.3/108.7/108.1/107.1/10
IIFL7.5/107.2/108.8/108.0/107.1/10
Edelweiss7.5/107.4/108.4/108.3/107.2/10
Zerodha7.4/107.1/108.5/108.1/107.0/10
5Paisa7.1/107.1/108.4/108.1/107.1/10
Karvy7.4/107.3/108.2/108.1/107.1/10
Motilal Oswal7.1/107.1/108.6/108.3/107.2/10

JSK Marketing IPO Grey Market Premium

The JSK Marketing IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X. 


Subscribe to JSK Marketing IPO

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JSK Marketing IPO News

News 1 – IPO ISSUE OPENS SOON [Download Prospectus]


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