A and M Jumbo Bags LTD IPO

Incorporated in 2011, A and M Jumbo Bags Limited is an Ahmedabad-based company engaged in manufacturing and supply of Polyethylene Jumbo Bags and Flexible Intermediate Bulk Container (FIBC) used in industrial and commercial packaging units. These bags are used in packing of various materials such as chemicals, fertilizers, pharmaceuticals, polymers, cement, minerals, food grains, human consumption items, etc. FIBC's are widely used for bulk transportation of industrial raw material, semi-finished and finished product.

These bags are giant size bags in drum or box shape and are internationally used as bulk bags or big sized bags or FIBCs. These bags are made out of PP UV stabilized nylon or polypropylene or HDPE fabric with four corner loops for easy handling. Top and bottom spouts are provided for easy filling and discharge of material. There is also a provision for controlled discharge of the material at required rates.

The manufacturing unit of the company is located at Jabalpur, Ahmedabad. The company has installed facility to manufacture 2,00,000 pieces per annum. In year 2017-18, company produced around 1,25,744 bags.

A and M Jumbo Bags LTD IPO Issue Details

A and M Jumbo Bags Limited - SME IPO

 Issue Open

 Jan 29, 2018 - Feb 02, 2018. 

 Issue Price  Rs.65 Per Equity Share
 Market Lot  2000 Shares 
 Minimum Order  Quantity  2000 Shares 
 Issue Size  616,000 Equity Shares of Rs 10 aggregating up to Rs 4.00 Cr 
 Face Value  Rs 10/-
 Listing At  NSE SME


Company Promoters:

Mr Pratish Shah and Gita Patel are the promoters of the company. Mr Pratish Shah, aged 52 years, is the Chairman and Managing Director of the company.

Objects of A and M Jumbo Bags Limited - SME IPO Issue:

1. Working Capital requirements

2. General Corporate Purpose.

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