- NEGATIVE
Annual Revenue Gajanand International Mar-2026 Annual Revenue is Rs 75 Cr which is growth of -20.9% YoY.
- NEGATIVE
Annual Net Profit Gajanand International Mar-2026 Annual Net Profit is Rs 0 Cr which is growth of -88.6% YoY.
Gajanand International was incorporated on June 15, 2009. The company manufactures various types of cotton, including Mech1 cotton, Shankar6 cotton, and others. The company has constructed manufacturing units for ginning, quality inspection, storage, and packing, essential for a modern manufacturing facility.
| Bidding Dates |
|---|
| 09 Sep 2024 - 11 Sep 2024 |
| Subscription |
|---|
| 14.28x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹108,000 | 1 | 1 | 3000 | 5.7 M | ₹36 | 62.94 % | ₹206.5 M | RHP DOC |
Gajanand International Ltd. IPO SUBSCRIPTION STATUS
11 Sep '24Total14.28x
Retail Individual Investor22.97x
HNI (NII) Investors5.6x
Qualified Institutional Buyers-
Gajanand International Ltd. IPO overall subscription rate was 14.28 times the total available shares
Gajanand International Ltd. IPO retail subscription rate was 22.97 times in the retail segment
Gajanand International Ltd. IPO non-institutional investor subscription rate was 5.6 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
11 Sep 2024 (Day 3) | 22.97x | 5.6x | - |
10 Sep 2024 (Day 2) | 7.29x | 0.96x | - |
09 Sep 2024 (Day 1) | 1.72x | 0.16x | - |
Gajanand International Ltd. FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| FY24 | 22.4 | 1086.6 | -93.2 | -93.2 | 3.7% |
| FY23 | 14.1 | 733.6 | 39.0 | 39.0 | 3.7% |
| FY22 | 0.3 | 617.4 | 10.0 | 10.0 | 2.0% |
Gajanand International Ltd. IPO SUBSCRIPTION STATUS DETAILS
Gajanand International Ltd. had 5.7 M shares on offer
Gajanand International Ltd. IPO offer price was ₹36
Gajanand International Ltd. IPO minimum Investment was ₹108000
Gajanand International Ltd. IPO issue size was ₹ 206.5 M
Gajanand International Ltd. had a minimum lot size of 3000 Shares per application
Gajanand International Ltd. NUMBER OF SHARES ON OFFER
Total5.7 M
Fresh Issue5.7 M
Offer for Sale0
Post Issue Promoter Holding %62.94 %
Gajanand International Ltd. IPO IMPORTANT DATES
| Issue Open Date | 09 Sep 2024 |
| Issue close Date | 11 Sep 2024 |
| Allotment Date | 12 Sep 2024 |
| Refund Date | 12 Sep 2024 |
| Demat Account Credit Date | 13 Sep 2024 |
| Listing Date | 16 Sep 2024 |
| Listing on Exchange(s) | NSE |
| Gajanand International Ltd. Allotment Status | Exchange |
Gajanand International Ltd. IPO subscription opened on 09 Sep 2024, and closed on 11 Sep 2024
IPO allotment for Gajanand International Ltd. was finalized on Thursday, 12 Sep 2024
IPO listing for Gajanand International Ltd. was on NSE on Monday, 16 Sep 2024
Gajanand International Ltd. IPO LISTING GAINS
| Issue Price (adjusted) | 36.0 |
| Listing Open Price | 42.0 |
| Listing Close Price | 39.9 |
| Listing Gain% | 16.7% |
| Current Gain% | -79.7% |
Gajanand International Ltd. Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gajanand International Ltd. | 7.3 | 13.7 | 340.3 | -3.8 | 0.2 | 0.1 | 0.1 | 75.2 | -20.9 | 0 | -88.6 | 0 | -88.6 |
| Adani Enterprises Ltd. | 2745.8 | 371619.7 | 64.8 | -2.4 | 2.9 | 11.5 | 3.6 | 102943.2 | 2.6 | 9339.5 | 31.6 | 42.4 | -26.8 |
| Redington Ltd. | 327.5 | 25603.1 | 13.8 | 1.9 | 0.2 | 14.7 | 4.4 | 119347.4 | 19.9 | 1490.2 | -7.1 | 23.7 | 7.3 |
| Lloyds Enterprises Ltd. | 61.2 | 9340.8 | 91.1 | -1.4 | 4.1 | 6.8 | 3.9 | 2183.7 | 39 | 283.4 | 396.5 | 0.7 | -63.6 |
| Augmont Enterprises Ltd. | 921.5 | 8420.1 | 36.8 | 26.6 | 94282.5 | 42.3 | 333.9 | 53.3 | |||||
| MMTC Ltd. | 53.3 | 7999.5 | 17.9 | 0.1 | 2930.2 | 18.3 | 13.8 | 180.6 | -31.3 | 387.4 | 347.2 | 3 | 355.5 |
Annual
Balance Sheet
Ratios
Cash Flow
Gajanand International Ltd. annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
Nested row level
Base Level
Reporting Type
Standalone
Cell Data
Actual
Table Settings
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Nested row level
Base Level
Export
| Indicator | Graph | CAGR 3 Yrs | Mar '26 | Mar '25 | Mar '24 | Mar '23 | Mar '22 |
|---|---|---|---|---|---|---|---|
0.8% | 75.2 | 95.1 | 108.8 | 73.4 | 61.8 | ||
Operating Exp. Ann. | 1.7% | 74.3 | 93.5 | 104.6 | 70.6 | 60.5 | |
Operating Profit Ann. | -30.7% | 0.9 | 1.6 | 4 | 2.7 | 1.2 | |
OPM Ann. % | -32.2% | 1.16% | 1.67% | 3.72% | 3.73% | 2.00% | |
1.7% | 75.2 | 94.6 | 105.7 | 71.5 | 61.7 | ||
EBITDA Ann. | -31.5% | 0.9 | 1.6 | 4.1 | 2.8 | 1.3 | |
EBITDA Ann. margin % | -31.6% | 1.22% | 1.72% | 3.80% | 3.82% | 2.04% | |
Interest Ann. | 0% | 0.8 | 1 | 1 | 0.8 | 1.1 | |
Depr. | 0% | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
PBT Ann. | - | 0 | 0.5 | 3 | 1.9 | 0 | |
Tax Ann. | - | 0.2 | 0.8 | 0.5 | 0 | ||
- | 0 | 0.4 | 2.2 | 1.4 | 0 | ||
Net Profit Ann. | - | 0 | 0.4 | 2.2 | 1.4 | 0 | |
NPM Ann. % | -70.4% | 0.05% | 0.37% | 2.05% | 1.92% | 0.04% | |
EPS Adj. latest Ann. | - | 0 | 0.2 | 1.2 | 0.8 | 0 |
*All financials are in INR Cr and price data in INR
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Total Rev. Ann.
1Y CHG
-20.9%
2Y CAGR
-16.9%
3Y CAGR
0.8%
Operating Exp. Ann.
1Y CHG
-20.5%
2Y CAGR
-15.7%
3Y CAGR
1.7%
Gajanand International Ltd. INFORMATION ON IPO ISSUE
About Gajanand International Ltd.
Gajanand International was incorporated on June 15, 2009. The company manufactures various types of cotton, including Mech1 cotton, Shankar6 cotton, and others. The company has constructed manufacturing units for ginning, quality inspection, storage, and packing, essential for a modern manufacturing facility.
Object of the Issue
- To meet out the working capital requirements of the company.
- To meet out the general corporate purposes.
- To meet out the issue expenses.
Gajanand International Ltd. - PROMOTERS
| Name |
|---|
| Ashok Bhagvanbhai Monsara |
| Truptiben Ashokbhai Monsara |
| Ashish Dhirajlal Monsara |
Gajanand International Ltd. Lead Manager of the Issue
Fast Track Finsec Private Limited
mb@ftfinsec.com
Gajanand International Ltd. Registrar to the issue
Skyline Financial Services Private Limited
compliances@skylinerta.com
Gajanand International Ltd. Strengths
Location advantage
The company chooses locations near cotton-growing regions to facilitate easy access to raw materials. This approach minimizes transportation costs, shortens lead times, and ensures a steady supply of high-quality cotton
Strength
Quality assurance
Regular quality checks are conducted throughout production to ensure industry standards and specifications are met. This rigorous approach helps maintain product integrity, meet customer expectations, and protect the company’s reputation
Strength
Gajanand International Ltd. Risks
Seasonal volatility
The company uses seed cotton ("Kapas") as raw material, which is seasonally available. This makes the business seasonal, so quarterly revenue may not reflect the annual revenue trend accurately
Risk
Few customers
The company relies heavily on a few key customers, with the top five contributing 84.39% of total revenue for FY24. Losing any of these customers could negatively impact revenue and profitability
Risk
Price fluctuations
Seed cotton, the main raw material for producing cotton bales and seeds, is highly volatile. Its price fluctuates due to weather conditions, natural disasters, trade policies, supply and demand shifts, and other external factors
Risk
IPO FAQs
The promoters of the company are Ashok Bhagvanbhai Monsara, Truptiben Ashokbhai Monsara and Ashish Dhirajlal Monsara.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 36.0 - 36.0.
The IPO application opens on Sep 09, 2024 and closes on Sep 11, 2024.
The minimum lot size for the IPO is 3000. The maximum lot size for the IPO is 3000.
For all category investors, the minimum application amount for this IPO is Rs. 108,000.0, the maximum value for this IPO is Rs 108,000.0.
This IPO will be allotted on Sep 12, 2024.
The refund will be credited to your account on Sep 12, 2024.
The allotted shares will be credited to your demat on Sep 13, 2024.
Gajanand International Ltd.’s shares listed on the stock exchanges on Sep 16, 2024.