Jayant Infratech Stock: During the year 2022, many stocks have shown strong growth. One of these is Jayant Infratech Limited, which is a small cap company with a market cap of Rs 147.25 crore. The IPO of Jayant Infratech Ltd company listed on BSE came on July 13, 2022. The stock of this company has made investors rich since the IPO.
The stock of Jayant Infratech Ltd has given strong returns of 460 percent in just 6 months. Now the company has announced the issue of bonus shares. The company said in a stock exchange filing that Rs 5 crore has been divided into 50,00,000 equity shares of Rs 10 each. At the same time, it has been announced to issue 2 bonus equity on 1 share. All parts of Bonus Equity Shares will be rounded off. Information will be given after the record date for calculation of shareholders eligible to receive bonus shares.
When did the IPO come
The IPO of Jayant Infratech opened on June 30, 2022 and closed on July 5, 2022. The number of shares in Jayant Infratech’s IPO lot was 2000. On July 5, 2022, Jayant Infratech’s IPO was subscribed 4 times. In this, the retail sector got 3.76 times public issue subscription, while NII got 4.23 times subscription.
IPO of Rs 6.19 crore
Jayant Infratech had offered 924,000 Equity Shares of face value of Rs 10 each i.e. Rs 6.19 crore was offered by Jayant Infratech. The shares had come at Rs 67 per share and 2000 shares were the minimum purchase required. In the public offering of Jayant Infratech, 876,000 equity shares were issued, under which 438,000 shares were issued to non-institutional investors and 438,000 shares to retail investors.
Stock ran fast in 6 months
On Friday, shares of Jayant Infratech Limited were at Rs 455.10, registering a gain of 1.97 per cent. The stock recorded a total volume of 5,500 shares as compared to the 20-day average volume of 20,082 shares. The stock has gained 467.17 per cent since its listing, which is the highest ever recorded.
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