Jiwanram Sheoduttrai Industries gets NSE SME nod for their upcoming SME IPO

Sep 1, 2023

kolkata, West bengal Sep 1, 2023 (Issuewire.com) - Jiwanram Sheoduttrai Industries Ltd. (JSIL) has filed draft papers to raise funds through the SME initial public offering (SME IPO). The company received approval from NSE SME on the Draft Prospectus on 29th August 2023, Merchant Banker being Affinity Global Capital Market

Private Limited (AGCMPL). The company aims to raise funds via SME IPO by offering fresh equity shares of 74,22,000 and no offer for sale (OFS). The company aims to utilize the Offer proceeds to meet the working capital requirements, prepayment and repayment of all or a portion of certain unsecured loans availed by our company, for general corporate purposes and to meet the offer expenses as per the DRHP.

Jiwanram Sheoduttrai Industries Ltd. (JSIL) is a significant participant in the domestic industry as well as the worldwide personal protective equipment market (PPE industry). Jiwanram began producing PPEs when it first began business in 1997. The company built a cutting-edge production plant and began exporting to the United States, Spain, Germany, and Belgium. JSIL has distinguished itself in the market as it has grown, notably in Europe, America, and the Middle East, with its high-quality products. JSIL has more than 20 years of experience in the industrial safety sector. Its geographic reach extends

to more than 20 nations.

The company first produced industrial safety gloves before progressively expanding its offering in the industrial garment industry. The company has expanded into one of the top exporters and technology-driven safety solutions providers in India, 10 other countries, and 6 other states, with 3 manufacturing

facilities.

The personal protective equipment market (PPE Market) was valued at USD 68.5 billion in 2022 and is projected to shrink by 1.3% between 2022 and 2027 to reach USD 64.2 billion. The manufacturing and construction sectors' rising need for personal protection equipment is one of the key drivers fuelling

market expansion.

The promoters of the company are Mr. Alok Prakash - MD, Mrs. Anupama Prakash - CFO and Mr. Gyan Prakash. Growing at 20%, the company's current turnover is INR 42 crore with a PAT of INR 4 crore

and 9.5% PAT Margin.

Jiwanram Sheoduttrai Industries Limited has registered with the Government e-Marketplace (GeM) under the Quality Council of India as an Original Equipment Manufacturer (OEM). The purpose of this action was to strengthen the company's position in the domestic market. For some of the brand owners in the work and casual clothing market, JSIL has been giving employment opportunities.

Jiwanram's issue is being managed by Affinity Global Capital Market Private Limited (AGCMPL), a Category I Merchant Banker registered with SEBI. With the objective of becoming a single-window,

multilateral, and diversified solution provider, AGCMPL is a pioneer in the financial services industry.

www.Affinityglobalcap.in www.jiwanramgroup.com

Media Contact

Hunk Golden

[email protected]

B901/902 Cosmic Heigts Bhakti Park Wadala East Mumbai 400037

http://www.hunkgolden.co

Source :Affinity Global

This article was originally published by IssueWire. Read the original article here.

More News

Oct 25, 2026

UFC 333: Volkanovski stops Movsar Evloev to retain featherweight title

Oct 25, 2026

UST, UP victorious in Round of 8 opener

MANILA, Philippines — University of Santo Tomas weathered a fourth-set scare from Ateneo De Manila University to eke out a 25-16, 25-20, 21-25, 25-21, victory in the Round of 8 Pool F opener of the 2026 Shakey’s Super League (SSL) Unity Cup Round of 8 on Sunday at the Imus Sports Complex. The Golden Tigresses held off the Blue Eagles in the tight fourth frame after squandering a six-point lead to remain unbeaten in the league’s centerpiece competition, backed by Shakey’s Pizza Parlor, Peri-Peri Charcoal Chicken, Potato Corner and R&B Milk Tea. UST controlled the first two sets, only to lose steam in the third before showing resolve late in the fourth to seal the two-hour, nine-minute win and inch closer to clinching a quarterfinals twice-to-beat advantage. “Sa third set, nakulangan kami sa attack variation and 'yung diskarte namin since nababasa na ng kalaban 'yung mga ginagawa namin. 'Yung ginawa naming adjustments sa fourth set is mas sinipagan namin and mas naging mahaba ang pasensya namin sa sarili namin kapag naba-block o nadedepensahan kami,” said Tigresses winger Marga Altea, who scored 15 points on 11 kills and four kill blocks. Ashlee Knop finished with 12 points while Angge Poyos and Regina Jurado added 11 markers each for UST, which extended its winning streak to four after sweeping the first round. After surrendering the third set, the Tigresses raced to an 18-12 lead in the fourth. However, Ateneo refused to go down without a fight and countered with an 8-2 run to tie it at 20. But the Blue Eagles shot themselves in the foot after Dona De Leon and Alexia Montoro committed back-to-back errors, giving UST a two-point cushion. Jihan Chuatico saved a point for Ateneo but UST scored three straight points, capped by a Poyos ace to close the match. De Leon and Bea Buena finished with 12 points each while Chuatico had nine markers for the Blue Eagles. Meanwhile, University of the Philippines recovered from an opening set hiccup to beat Letran, 21-25, 25-22, 25-22, 25-16, in Pool F. The Fighting Maroons carried the momentum of their three-game first-round sweep to draw closer to clinching a quarters incentive in the competition, which has the Philippine Sports Commission, the Commission on Higher Education, Mikasa, Asics, Rigour Technology, Jersey Haven, Solar Sports and 12 Beyond Production as technical partners. Jelai Gajero pumped in 17 points on 15 kills and two kill blocks to lead UP. Jenn Gould had 14 markers on 12 attacks and two kill blocks while Kianne Olango scored 12 of her 13 points on spikes for the Fighting Maroons, who got 32 free points off the Lady Knights’ errors. Setter Kizzie Madriaga tallied 15 excellent sets while backup playmaker Julia De Leon dished out 14. UP regrouped after surrendering the first set as it showed composure and grit in the tight closing stretches of the second and third frames. The Fighting Maroons used a 6-0 spurt to break a 12-12 tie and gain control of the fourth frame. UP opened an eight-point lead, 22-14, before finishing off the Lady Knights with a 3-2 run capped by an Olango offspeed hit. “Need lang talaga namin and makabawi doon sa first set kasi nga medyo off ang laro namin nung first set. Sinabi rin ni coach na gamitin ang utak kaya yun tinrabaho lang talaga naming lahat,” Gould said. “We worked as a team kaya nanalo kami,” she added. Judiel Nitura was the lone Letran player in double-digit scoring after logging 12 points on 11 kills and an ace. Gia Maquilang and Kaizah Huyno added nine markers each for the reigning NCAA champion. Action continues on Wednesday at the Ninoy Aquino Stadium. All games in the competition are available live and on demand via PusoP.com and Solar Sports.

Oct 25, 2026

Russia to host 2030 world weightlifting champs in Olympic federation first

PARIS, France — Moscow was announced Sunday as host of the 2030 world weightlifting championships, the sport's governing body becoming the first Olympic federation to hand Russia global staging rights since 2022. No world championships in an Olympic sport, summer or winter, have been held in Russia since the start of the war against Ukraine. The 2025 world swimming champs, initially attributed to the Russian city of Kazan, were moved to Singapore. "Concerning the IWF (Senior) World Championships in 2029, it will be staged in Ahmedabad (India), and Moscow (Russia) will host the 2030 edition," the International Weightlifting Federation (IWF) said in a statement. IWF general secretary Jose Quinones added that "all the bids we received were excellent and we are sure that the championships in your respective countries will be a huge success". In a post on Telegram, Russian Weightlifting Federation president Aleksandr Vinokurov thanked the IWF "for their trust", with the 2030 world champs also serving as a qualifying event for the 2032 Olympic Games. "Russia has all the necessary experience and capabilities to host competitions of the highest level," he said. "Moscow has repeatedly staged major international sporting events and has modern infrastructure." The federation toasted its success in snagging the hosting rights. "The Russian Weightlifting Federation is the first Olympic sports federation to succeed in bringing a top-level official competition back to the country in many years," it said. The decision to name Moscow as the host is a ground-breaking one and comes in the wake of the International Olympic Committee (IOC) announcing a pathway for Russian athletes to compete in international competition. A state-sponsored doping program implemented, according to the World Anti-Doping Agency, at the 2014 Sochi Winter Olympic Games, and the assault on Ukraine launched by President Vladimir Putin in 2022 resulted in Russians competing in various guises at international competition, most recently as Individual Neutral Athletes. However, on July 7 Russia came in from the cold when the IOC eased restrictions on Russian athletes and opened a pathway for them to compete in qualifying events for the 2028 Los Angeles Olympics. A furious Ukraine filed an appeal to the Court of Arbitration for Sport (CAS) requesting that the IOC decision be annulled.