Gajanand International Limited-Banner

Gajanand International Limited

GAJANAND

36-36

per share
Bidding Dates
9-11 Sep
Min. Investment
₹1,08,000.00
Lot Size
3000 shares
Issue Size
₹20.65 Cr
IPO Timeline
Bidding starts
09 Sep ‘24
Bidding ends
11 Sep ‘24
Allotment finalisation*
12 Sep ‘24
Refund initiation*
13 Sep ‘24
Demat transfer
13 Sep ‘24
Listing
16 Sep ‘24
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About  Gajanand International Limited

Gajanand International Limited, founded in 2009 and formerly known as Gajanand Cottex Private Limited, stands as a leading player in the cotton manufacturing sector. The company specializes in producing a range of high-quality cotton types, including Mech1, Shankar6, DCH 32, and Khol. Located strategically in Gujarat, India, with an installed capacity of 37,500 MT/year, Gajanand International has developed a sophisticated infrastructure for ginning, quality inspection, storage, and packing. Their advanced facilities are equipped with modern machinery operated by a skilled team, ensuring the production of contamination-free and sustainable cotton.

The company’s product portfolio highlights its commitment to quality and variety. Mech1 cotton, cultivated in Madhya Pradesh and Maharashtra, is noted for its high standard, while Shankar6 cotton is renowned as India’s most exported raw cotton variety. DCH 32 cotton, grown in Karnataka, Tamil Nadu, and Madhya Pradesh, and Khol, made from premium cotton seeds, further showcase the company’s diverse offerings. By focusing on these distinct varieties, Gajanand International meets varied market needs and supports the local agricultural economy.

Gajanand International’s operational model emphasizes efficiency and adaptability. The company initiates contact with farmers, traders, and commission agents to procure raw cotton. Prices are set on a Free on Road (FOR) basis, inclusive of transportation costs. Quality inspection is rigorously conducted by experienced staff at the supplier’s premises. Based on market conditions, the company decides whether to sell the cotton immediately or store it for later use. Orders are then secured from flour mills and wholesalers through brokers or referrals, ensuring a steady market presence.

Looking ahead, Gajanand International aims to become one of the top ten cotton producers by 2025. Their vision reflects a commitment to continuous improvement and customer satisfaction. With a focus on upholding Indian Cotton Fiber Quality Standards, minimizing trash and moisture, and enhancing cotton grading and packing, the company strives to deliver superior quality products and exceptional service. By integrating cutting-edge technology with dedicated human resources, Gajanand International is poised to maintain its leadership in the cotton industry and foster enduring client relationships.

Gajanand International Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:

  1. To meet out the Working Capital requirements of the Company.
  2. To meet out the General Corporate Purpose
  3. To meet out the Issue Expenses.

 

IPO analysis

Registrar information
Name
Skyline Financial Services Private Ltd
Phone number
02228511022
Email ID
ipo@skylinerta.com

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