{"id":4783,"date":"2021-11-22T15:16:29","date_gmt":"2021-11-22T09:46:29","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-ipo-jesons-industries-2\/"},"modified":"2021-11-22T17:18:05","modified_gmt":"2021-11-22T11:48:05","slug":"biz-ipo-jesons-industries-2","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-ipo-jesons-industries-2\/","title":{"rendered":"Jesons Industries files draft IPO papers with Sebi; aims to raise Rs 900 crore"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-690334731\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p><span style=\"font-weight: 400;\">Jesons Industries, a manufacturer of speciality coating emulsions, has filed preliminary papers with capital markets regulator Sebi to raise an estimated Rs 800-900 crore through an initial share sale. The shares of the company are proposed to be listed on NSE and BSE.<\/span><\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2366036434\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p><span style=\"font-weight: 400;\">Jesons Industries is one of the leading manufacturers of speciality coating emulsions (SCE) and water-based pressure-sensitive adhesives (PSA) in tape and label segments. Its products are used in various end-user industries, such as paints, packaging, and chemicals for construction, textiles, leather, carpet and paper.<\/span><\/p><p><span style=\"font-weight: 400;\">The<a href=\"https:\/\/tradebrains.in\/ipo\/\"> initial public offering<\/a> (IPO) comprises a fresh issue of equity shares aggregating up to Rs 120 crore and an offer for sale (OFS) of up to 12,157,000 equity shares by promoter Dhiresh Shashikant Gosalia, according to the draft red herring prospectus (DRHP).\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Jesons is currently a 100 percent promoter-owned company. Promoter Dhiresh Shashikant Gosalia holds 86.53 percent stake in it, while the rest is with individual promoters like Madhavi Dhiresh Gosalia, Ravina Gaurav Shah and Jhelum Dhiresh Gosalia.<\/span><\/p><div class=\"trade-content_5\" id=\"trade-3684829815\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p><span style=\"font-weight: 400;\">The Mumbai-based company may consider the private placement of equity shares aggregating up to Rs 24 crore. If such pre-IPO placement is completed, the fresh issue size will be reduced. The public issue also includes a reservation of 77,000 equity shares for employees.<\/span><\/p><p><span style=\"font-weight: 400;\">Proceeds from the fresh issuance of shares will be used to the extent of Rs 90 crore to repay\/ prepay in full or part of borrowings, availed by its subsidiary besides general corporate purposes.<\/span><\/p><p><span style=\"font-weight: 400;\">Axis Capital and <a href=\"https:\/\/portal.tradebrains.in\/stock\/JMFINANCIL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">JM Financial<\/a> are the book running lead managers to the issue, while Link Intime is the registrar of the IPO.<\/span><\/p><p><span style=\"font-weight: 400;\">The company has a strong foothold in high-growth markets across Asia-Pacific, the Middle East and Africa, for both SCE and PSA products.<\/span><\/p><p><span style=\"font-weight: 400;\">Jesons Industries is one of the biggest speciality coating emulsion (SEC) suppliers to the Indian paints sector with about 30 percent market share in the segment as of FY21 in terms of sales value.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">As of June 2021, it had a portfolio of 170 products marketed under the brands like Bondex, Rdymix, Coviguard, Blue Glue, INDTAPE, and Polytex.<\/span><\/p><div class=\"trade-content-10\" id=\"trade-1249678545\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p><span style=\"font-weight: 400;\">Its revenues from operations increased by 20.45 per cent to Rs 1,085.72 crore in fiscal 2021 from Rs 901.37 crore in fiscal 2020, while its net profit jumped 213.25 per cent to Rs 29.65 crore from Rs 92.88 crore.<\/span><\/p><div class=\"trade-after-content\" id=\"trade-1579331158\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Jesons Industries, a manufacturer of speciality coating emulsions, has filed preliminary papers with capital markets regulator Sebi to raise an estimated Rs 800-900 crore through an initial share sale. The shares of the company are proposed to be listed on NSE and BSE. Jesons Industries is one of the leading manufacturers of speciality coating emulsions [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1513,1516],"tags":[1657,1655,1656],"class_list":["post-4783","post","type-post","status-publish","format-standard","hentry","category-editor-pick","category-ipo","tag-jesons-industries-ipo","tag-jesons-industries-ltd","tag-jesons-industries-ltd-reviews"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Jesons Industries files draft IPO papers, aims to raise Rs 900 crore<\/title>\n<meta name=\"description\" content=\"Jesons Industries, a manufacturer of speciality coating emulsions, has filed preliminary papers with capital markets regulator Sebi to raise.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-ipo-jesons-industries-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jesons Industries files draft IPO papers, aims to raise Rs 900 crore\" \/>\n<meta property=\"og:description\" content=\"Jesons Industries, a manufacturer of speciality coating emulsions, has filed preliminary papers with capital markets regulator Sebi to raise.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/biz-ipo-jesons-industries-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-22T09:46:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-22T11:48:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2021\/08\/IPO-Listing-Status.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anoushka Roy\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Jesons Industries files draft IPO papers, aims to raise Rs 900 crore\" \/>\n<meta name=\"twitter:description\" content=\"Jesons Industries, a manufacturer of speciality coating emulsions, has filed preliminary papers with capital markets regulator Sebi to raise.\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anoushka Roy\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/biz-ipo-jesons-industries-2\/\",\"url\":\"https:\/\/tradebrains.in\/features\/biz-ipo-jesons-industries-2\/\",\"name\":\"Jesons Industries files draft IPO papers, aims to raise Rs 900 crore\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"datePublished\":\"2021-11-22T09:46:29+00:00\",\"dateModified\":\"2021-11-22T11:48:05+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/2ab74d7405a52034315915c9a1e5799e\"},\"description\":\"Jesons Industries, a manufacturer of speciality coating emulsions, has filed preliminary papers with capital markets regulator Sebi to raise.\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/biz-ipo-jesons-industries-2\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/biz-ipo-jesons-industries-2\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/biz-ipo-jesons-industries-2\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Jesons Industries files draft IPO papers with Sebi; 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