Janus Corporation IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 27/01 - 30/01
Issue Size ₹8.00 Cr
Issue Price ₹50
Market Lot 3000 Shares
Shares on Offer 1,599,000
Registrar
GMP N/A
Kostak N/A
Subject to Sauda N/A
Listing Date 07/02/2020
Listing Price N/A
Listing Gain% N/A

About Janus Corporation Ltd

Janus Corporation an Indigenous organisation established in 1997 by few Technocrats to offer the best and renowned quality multi Freq/ GNSS products and best of the security to the Indian Defense and Aerospace.

Their mission is to understand the fundamental needs of our clients, propose and provide pre-tested optimized solutions thus assisting our clients to locate the shortest and surest path to success.

With above mission in mind Janus works closely with the customers understanding their Technical requirements and try to provide them the best of the products/ solutions. Through these relationships, Janus has gained in-depth knowledge and insight into the customers’ working environments and an equally deep understanding of their challenges and needs.

Janus has its branches across the country in major cities/ metros like Gurgaon, Hyderabad, Bangalore, Ahmadabad, Bhubaneswar, Balasore etc. thus meeting the requirements of the following segments:

  • Space & Aviation
  • Defence
  • Nuclear
  • Research & Development Organizations
  • Automotive Industry
  • Telecom Industry

Janus also provides a complete range of services by leveraging expansion in core areas with strategic alliances with leading world’s technology providers. Among other services, Janus offers project feasible reports, application services, systems integration, product engineering, maintenance, re-engineering, independent testing, validation services and executes Annual Maintenance Contracts for various mission critical products supplied & installed and projects executed in the past.

Janus network follows all over India through its valued customer’s network with over 100 satisfied customers in the Telecom, Indian Defence, DRDO, Aerospace, Nuclear and Research Industry. Janus takes pride of having long-term customer relationships.

Janus believes in having the engineers’ factory trained as they want to give the best support to the customers to keep them satisfied. All our engineers are factory trained. We have separate groups for sales and support thus reducing the down time.

Public issue of 15,99,000 equity shares of face value of Rs. 10 each of Janus Corporation Limited (the company or the isssuer) for cash at a price of Rs. 50 per equity share (including a share premium of Rs.40 per equity share) (issue price) aggregating to Rs. 8 Crores (the issue). Of the issue, 81,000 equity shares aggregating to Rs. 0.41 Crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 15,18,000 equity shares of face value of Rs. 10 each at an issue price of Rs.50 per equity share aggregating to Rs.7.59 Crores is hereinafter referred to as the net issue. The issue and the net issue will Constitute 27.86% and 26.45%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price of Rs.50 is 5 times of the face value.

The Promoters of this company are Lemon Management Consultancy Private Limited and Sachin B. Puri. The lead manager to the issue are First Overseas Capital Limited and the Registrar to this issue is Bigshare Services Private Limited.

Company Financials

Particulars 31-Mar-18 31-Mar-17 31-Mar-16
Total Assets (In ₹ Millions) 858.82 687.08 389.83
Total Revenue (In ₹ Millions) 2,515.60 1,281.98 672.78
Profit After Tax (PAT) (In ₹ Millions) 22.05 42.94 19.21

Janus Corporation Ltd IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 27 Jan 2020 0.72 0.07 0.39
Day 2 - 28 Jan 2020 0.80 0.75 0.77
Day 3 - 29 Jan 2020 0.91 1.03 0.97
Day 3 - 30 Jan 2020 1.03 1.47 1.25

Allotment Status

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IPO Allotment Status

Janus Corporation Ltd IPO FAQs

  1. When will Janus Corporation Ltd IPO open?

    Janus Corporation Ltd IPO will open on 27/01 and close on 30/01.

  2. What is the listing date of Janus Corporation Ltd IPO?

    Janus Corporation Ltd IPO will list on 07/02/2020.

  3. What is the offer price of Janus Corporation Ltd IPO?

    The offer price of Janus Corporation Ltd IPO is ₹50.

  4. What is the lot size of Janus Corporation Ltd IPO?

    The lot size of Janus Corporation Ltd IPO is 3000.

  5. What is the Grey Market Premium (GMP) price of Janus Corporation Ltd IPO?

    The Grey Market Premium (GMP) price of Janus Corporation Ltd IPO is Not Available at the moment.

  6. What is the Kostak price of Janus Corporation Ltd IPO?

    The Kostak price of Janus Corporation Ltd IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for Janus Corporation Ltd IPO?

    The Subject to Sauda price for Janus Corporation Ltd IPO is Not Available at the moment.

Janus Corporation Ltd IPO Review/Comments

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