Jattashankar Inds.
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Jattashankar Industries' board approved on Tuesday the allotment of 30 lakh convertible warrants at ₹92 each, raising up to ₹27.6 crore if fully converted. The warrants were allotted on a preferential basis to 13 allottees, including promoter group entities Spazio Formulations and two Alantis group LLPs, as well as non-promoter investors. The allottees paid 25% of the issue price upfront, totalling ₹6.9 crore, with the balance 75% payable within 18 months at the time of conversion into equity shares. The company had earlier allotted 13.05 lakh warrants in a separate transaction but this new 30 lakh warrant issue reflects a fresh increase in the capital raising programme.
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Jattashankar Industries' board approved on Tuesday the allotment of 30 lakh convertible warrants at ₹92 each, raising up to ₹27.6 crore if fully converted. The warrants were allotted on a preferential basis to 13 allottees, including promoter group entities Spazio Formulations and two Alantis group LLPs, as well as non-promoter investors. The allottees paid 25% of the issue price upfront, totalling ₹6.9 crore, with the balance 75% payable within 18 months at the time of conversion into equity shares. The company had earlier allotted 13.05 lakh warrants in a separate transaction but this new 30 lakh warrant issue reflects a fresh increase in the capital raising programme.
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Jattashankar Industries has allotted 13.05 million convertible warrants to non-promoter investors at ₹92 each, raising a total of ₹12 crore through a preferential issue approved by the board on June 20. The warrants are convertible into equity shares within 18 months, with 25% of the issue price paid upfront. The company also received a second tranche of ₹4.54 crore from certain allottees, including Mukesh Ladha and Sushil Kumar Ladha, as part of the 75% balance payment. The actual allotment size is sharply lower than the 81.55 lakh warrants previously cleared by the stock exchange, reflecting a scaled-down capital raising.
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Jattashankar Industries has allotted 13.05 million convertible warrants to non-promoter investors at ₹92 each, raising a total of ₹12 crore through a preferential issue approved by the board on June 20. The warrants are convertible into equity shares within 18 months, with 25% of the issue price paid upfront. The company also received a second tranche of ₹4.54 crore from certain allottees, including Mukesh Ladha and Sushil Kumar Ladha, as part of the 75% balance payment. The actual allotment size is sharply lower than the 81.55 lakh warrants previously cleared by the stock exchange, reflecting a scaled-down capital raising.
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May 12 (Reuters) - Jattashankar Industries Ltd JATT.BO:
JATTASHANKAR INDUSTRIES LTD - APPROVES RAISING OF FUNDS AGGREGATING UP TO 799.9 MILLION RUPEES
Source text: ID:nBSE8mDC8R
Further company coverage: JATT.BO
(([email protected];))
May 12 (Reuters) - Jattashankar Industries Ltd JATT.BO:
JATTASHANKAR INDUSTRIES LTD - APPROVES RAISING OF FUNDS AGGREGATING UP TO 799.9 MILLION RUPEES
Source text: ID:nBSE8mDC8R
Further company coverage: JATT.BO
(([email protected];))
Aug 20 (Reuters) - Jattashankar Industries Ltd JATT.BO:
APPROVES RE-APPOINTMENT OF JATTA SHANKER PODDAR AS CHAIRMAN, MD
Source text for Eikon: ID:nBSE1j2LY5
Further company coverage: JATT.BO
(Reporting by VijayDattaram Malkar)
(([email protected];))
Aug 20 (Reuters) - Jattashankar Industries Ltd JATT.BO:
APPROVES RE-APPOINTMENT OF JATTA SHANKER PODDAR AS CHAIRMAN, MD
Source text for Eikon: ID:nBSE1j2LY5
Further company coverage: JATT.BO
(Reporting by VijayDattaram Malkar)
(([email protected];))
Jan 24 (Reuters) - Jattashankar Industries Ltd JATT.BO:
APPROVED SALE OF PROPERTY OF CO
Source text for Eikon: ID:nBSE1Lp1Zm
Further company coverage: JATT.BO
(([email protected];))
Jan 24 (Reuters) - Jattashankar Industries Ltd JATT.BO:
APPROVED SALE OF PROPERTY OF CO
Source text for Eikon: ID:nBSE1Lp1Zm
Further company coverage: JATT.BO
(([email protected];))
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Popular questions
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What does Jattashankar Inds. do?
Jattashankar Industries Ltd, originally incorporated as Jatta Poly Yarn Private Limited, is a leading manufacturer of Polyester Dyed Yarn in India. They cater to diverse requirements of Synthetic Yarns consumers for various end uses.
Who are the competitors of Jattashankar Inds.?
Jattashankar Inds. major competitors are Surat Trade & Merc., Yajur Fibres Ltd, Harikanta Overseas, Betex India, Paras Petrofils, Kamadgiri Fashion, Lakhotia Polyesters. Market Cap of Jattashankar Inds. is ₹186 Crs. While the median market cap of its peers are ₹75 Crs.
Is Jattashankar Inds. financially stable compared to its competitors?
Jattashankar Inds. seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Jattashankar Inds. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Jattashankar Inds. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Jattashankar Inds. allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Jattashankar Inds. balance sheet?
Balance sheet of Jattashankar Inds. is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Jattashankar Inds. improving?
The profit is oscillating. The profit of Jattashankar Inds. is ₹1.02 Crs for TTM, -₹1.19 Crs for Mar 2025 and ₹3.82 Crs for Mar 2024.
Is the debt of Jattashankar Inds. increasing or decreasing?
Yes, The net debt of Jattashankar Inds. is increasing. Latest net debt of Jattashankar Inds. is -₹0.06 Crs as of Mar-26. This is greater than Mar-25 when it was -₹0.64 Crs.
Is Jattashankar Inds. stock expensive?
Yes, Jattashankar Inds. is expensive. Latest PE of Jattashankar Inds. is 180, while 3 year average PE is 119. Also latest EV/EBITDA of Jattashankar Inds. is 336 while 3yr average is 30.78.
Has the share price of Jattashankar Inds. grown faster than its competition?
Jattashankar Inds. has given better returns compared to its competitors. Jattashankar Inds. has grown at ~44.25% over the last 10yrs while peers have grown at a median rate of 9.16%
Is the promoter bullish about Jattashankar Inds.?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Jattashankar Inds. is 72.56% and last quarter promoter holding is 72.56%.
Are mutual funds buying/selling Jattashankar Inds.?
There is Insufficient data to gauge this.