Jyoti Global Plast Ltd IPOJYOTIGLOBL

The IPO opens on 04 Aug 2025 & closes on 06 Aug 2025.

One of the promoters, Bhawanji Shah, started the business of manufacturing plastic containers in the year 1990 as a partnership firm, 'Jyoti Industries', in Mumbra, Mumbai. In 2004, 'Jyoti Polycontainers Private Limited' was incorporated for manufacturing blow-moulded plastic containers. It was operating from Rabale, Navi Mumbai. Keeping up with the growing demand, the Company expanded its operations by adding more machines, products and clientele to its arsenal over the years. In 2022, Jyoti Polycontainers Private Limited was renamed to 'Jyoti Global Plast Private Limited' to operate and diversify into different sectors. In January 2025, Company's status was converted into a public limited company as 'Jyoti Global Plast Limited'. The Company started commercial production, by setting up a Unit I Factory in Rabale, Navi Mumbai, Maharashtra for production of polymer based plastic containers in year 2005. Their current combined production capacity is 7,416 MT p.a. In 2016, it established 210 Litre (Modified) Automatic Blow Moulding Machine for Production of blow moulded large plastic products. The Company is engaged in the business of plastic moulding, providing custom solutions based on client-specific requirements for polymer-based packaging containers (HDPE-PP grade products such as drums, carboys, jerrycans, barrels, pail buckets etc.), and toys for use in industries such as pharmaceutical, chemical, food & beverage, lube and industrial oil, adhesives, childcare, etc. Presently, Company run operations from 2 plants located in Rabale, Navi Mumbai. Operating from the facilities in Navi Mumbai, generally cater to various industries such as paint, lubricant, chemical, adhesives, food, oil, toy components, etc. Apart from this, the Company provide HDPE packaging solutions for various industries, producing drums, jerrycans, barrels, and bottles. Their packaging solutions cover capacities from 250ml to 250 litres, supporting small-scale and bulk storage and transportation requirements. The Company owe a fleet of 6 company-owned trucks to maintain control over delivery schedules, optimize routes, have shorter lead time requirement and ensure on-time delivery of products to customers. Further, recognizing that certain situations, such as high-demand periods, larger shipments, or deliveries at distant locations, it also collaborate with a network of trusted third-party logistics providers. Company raised funds of Rs 35.44 Crore by issuing a total of 53,70,000 equity shares having the face value of Rs 10, comprising a fresh issue of 43,20,000 equity shares aggregating to Rs 28.51 Crore and 10,50,000 equity shares aggregating to Rs 6.93 Crore through offer for sale in August, 2025.

Jyoti Global Plast Ltd IPO will close on 06 Aug 2025.

<ul><li>Extensive client network.</li><li>Diverse product portfolio.</li><li>Favourable location of our manufacturing units.</li><li>Inhouse logistics, testing, and stickering.</li><li>Strong Knowledge and expertise of our Promoters.</li></ul>

<table class="table"> <thead> <tr> <th>S.No</th> <th>Promoters Name</th> <th>Pre Issue Shares</th> <th>Pre Issue Percentage</th> <th>Post Issue Shares</th> <th>Post Issue Percentage</th> </tr> </thead> <tbody> <tr> <td>1</td> <td>Bhawanji Khimji Shah</td> <td>5164600</td> <td>33.32</td> <td>4864600</td> <td>24.54</td> </tr> <tr> <td>2</td> <td>Hiren Bhawanji Shah</td> <td>5161500</td> <td>33.3</td> <td>4786500</td> <td>24.15</td> </tr> <tr> <td>3</td> <td>Deven bhawanji Shah</td> <td>5161500</td> <td>33.3</td> <td>4786500</td> <td>24.15</td> </tr> <tr> <td>4</td> <td>Karan Deven Shah</td> <td>3100</td> <td>0.02</td> <td>3100</td> <td>---</td> </tr> <tr> <td>5</td> <td>Sainyum Hiren Shah</td> <td>3100</td> <td>0.02</td> <td>3100</td> <td>---</td> </tr> <tr> <td>6</td> <td>Rachana H Shah</td> <td>3100</td> <td>0.02</td> <td>3100</td> <td>---</td> </tr> </tbody> </table>

<ul><li>The majority of its product sales is concentrated in the regions namely, Maharashtra and Gujarat. For the Fiscal 2025, 2024 and 2023 the company revenue from sale of products in Maharashtra and Gujarat accounted for 98.50%, 98.70%, and 97.39% of its revenue from operations, respectively any adverse developments affecting its operations in these regions could have an adverse impact on the company business, financial condition, results of operations and cash flows.</li><li>The company does not have any long-term agreements with its raw material suppliers. If the company faces difficulties in obtaining the necessary quality and quantity of raw materials in timely manner and at fair prices, or if the company fails to secure them altogether, it could detrimentally affect its business, financial performance, and cash flow.</li><li>There is an increased awareness towards controlling pollution and many economies including India have joined in the efforts to ban plastic product. In case any plastic packaging products manufactured by the company is banned in India or in any of the markets where the company export its products, it could have a material and adverse effect on its business and results of operations.</li><li>Its manufacturing facilities are dependent on adequate and uninterrupted supply of electricity and fuel. Any shortage or disruption in electricity, water, or fuel supply may lead to disruption in operations, higher operating cost, and consequent decline in its operating margins.</li><li>The majority of our product sales is concentrated in the regions namely, Maharashtra and Gujarat. For the period ended for September 30, 2024 and for Fiscal 2024, 2023 and 2022 our revenue from sale of products in Maharashtra and Gujarat accounted for 99.06%, 98.70%, 97.39%, and 98.94% of our revenue from operations, respectively any adverse developments affecting our operations in these regions could have an adverse impact on our business, financial condition, results of operations and cash flows.</li><li>Our two existing manufacturing units as well as our proposed manufacturing unit are located in Maharashtra. Any localized social unrest, natural disaster, service disruption, or other unforeseen events in or around Maharashtra could lead to production interruptions or shutdowns at our facilities. Such disruptions could have a material adverse effect on our business and financial condition.</li><li>There have been instances of delays in payment of statutory dues, i.e. ESIC and EPF by the Company. In case of any delay in payment of statutory due in future by our Company, the Regulatory Authorities may impose monetary penalties on us or take certain punitive actions against our Company in relation to the same which may have adverse impact on our business, financial condition and results of operations.</li><li>Some of our properties, including our Registered Office and Manufacturing Facilities, are located on leased premises. There may or may not be assurance that we will be able to retain or renew such leases on the same or similar terms, or that we will find alternate locations for the existing offices on terms favorable to us, or at all.</li><li>Our funding requirements and the proposed deployment of the Net Proceeds of the Offer have not been appraised by any bank or financial institution are based on management estimates and may be subject to change based on various factors, some of which are beyond our control.</li><li>Our Company is yet to place orders for 100% of the plant and machinery and solar plant. Any delay in placing orders or procurement of such plant and machinery and solar plant, may further delay the schedule of implementation and increase the cost of commissioning the manufacturing unit.</li><li>We intend to utilise a portion of the Net Proceeds towards part financing the cost of establishing new manufacturing facilities to expand our production capabilities in Mahad, Raigad, and we cannot assure you that we will be able to derive the benefits from the proposed object.</li><li>Our proposed capacity expansion plans relating to the Proposed Mahad, Raigad Project are subject to the risk of unanticipated delays in implementation and cost overruns.</li><li>Our Company proposes to utilize part of the Net Proceeds for repayment or pre-payment, in full or in part, of all or certain secured borrowings availed by our Company and accordingly, the utilization of that portion of the Net Proceeds will not result in creation of any tangible assets.</li><li>There have been instances of delays or incorrect filings of certain forms along with and other non-compliances which were required to be filed as per the reporting requirements under the Companies Act, 2013 to RoC. There have also been instances wherein incorrect details were filed in certain forms filed by our Company.</li><li>We have witnessed negative cash flow from operating activities in the past. Any negative cash flows in the future would adversely affect our cash flow requirements, which may adversely affect our ability to operate our business and our financial condition.</li><li>We are subject to strict quality requirements and any product defect issues or failure by us or our component suppliers to comply with quality standards may lead to the cancellation of existing and future orders, recalls or warranty and liability claims.</li><li>Our continued operations are critical to our business and any shutdown of our manufacturing units may adversely affect our business, results of operations and financial condition.</li><li>Our inability to manage inventory in an effective manner could affect our business.</li><li>Our Directors do not have any prior experience of being a director in any other listed company in India and this may present certain potential challenges for our Company and in the event of any material non-compliance where our Directors are held liable and responsible, we may have to appoint new directors.</li><li>Any delays and/or defaults in payments could result in increase of working capital investment and/or reduction of our Company's profits, thereby affecting our operation and financial condition.</li><li>Our inability to collect receivables in time or at all and default in payment from our customers could result in the reduction of our profits and affect our cash flows.</li><li>Our failure to keep our technical knowledge confidential could erode our competitive advantage.</li><li>We regularly work with hazardous materials and activities in our operation can be dangerous, which could cause injuries to people or property.</li><li>A significant portion of our domestic sales are derived from the West zone and South zone, any adverse developments in this market could adversely affect our business. </li><li>Our failure to identify and understand evolving industry trends and preferences and to develop new products to meet our customers' demands may materially adversely affect our business.</li><li>We are exposed to counterparty credit risk and any delay in receiving payments or non-receipt of payments may adversely impact our results of operations.</li><li>The availability of counterfeit products, such as products passed off as our products by others in the aftermarket business, could adversely affect our goodwill and results of operations.</li><li>If our Company is unable to protect its intellectual property, or if our Company infringes on the intellectual property rights of others, our business may be adversely affected.</li><li>Our business may expose us to potential product liability claims and recalls, which could adversely affect our results of operation, goodwill and the marketability of our products.</li><li>Our Promoters have extended personal guarantee in connection with some of our debt facilities to our company and one of our promoter group entity. There can be no assurance that such personal guarantee will be continued to be provided by our Promoters in future or can be called at any time, affecting the financial arrangements.</li><li>We have outstanding litigation against us, an adverse outcome of which may adversely affect our business, reputation and results of operations.</li><li>If we are not able to obtain, renew or maintain our statutory and regulatory licenses, registrations and approvals required to operate our business, it may have a material adverse effect on our business, results of operations and financial condition.</li><li>As on date we have not obtained any of the approvals, clearances and permissions as may be required from the relevant authorities for the proposed expansion at our manufacturing units. In the event we are unable to obtain such approvals and permits, our business, results of operations, cash flows and financial condition could be adversely affected.</li><li>In addition to our existing indebtedness for our existing operations, we may incur further indebtedness during the course of business. We cannot assure that we would be able to service our existing and/ or additional indebtedness.</li><li>Our Promoters, Directors and Key Managerial Personnel have interests in our Company other than reimbursement of expenses incurred or normal remuneration or benefits.</li><li>This Draft Red Herring Prospectus contains information from an industry report prepared by Infomerics Analytics & Research, commissioned by us for the purpose of the Issue for an agreed fee.</li><li>Information relating to capacity utilization of our manufacturing facilities included in this Draft Red Herring Prospectus is based on various assumptions and estimates. Optimal capacity utilisation of our production capacities could adversely affect our business, future prospects, and financial performance, as the company may not be able to meet any potential increase in demand in the future.</li><li>Our Company does not have any documentary evidence for the past education qualifications of Bhawanji Khimji Shah.</li><li>Our Promoters and members of the Promoter Group have significant control over the Company and have the ability to direct our business and affairs; their interests may conflict with your interests as a shareholder.</li><li>The average cost of acquisition of Equity Shares held by our Promoters could be lower than the Offer Price.</li><li>Our Company will not receive any proceeds from the Offer for Sale portion, and the Promoter Selling Shareholders shall be entitled to the Offer Proceeds to the extent of the Equity Shares offered by him in the Offer for Sale. Our Promoter is therefore interested in the Offer in connection with the Equity Shares offered by them in the Offer for Sale.</li><li>Our future fund requirements, in the form of further issue of capital or securities and/or loans taken by us, may be prejudicial to the interest of the Shareholders depending upon the terms on which they are eventually raised.</li><li>A downgrade in our credit rating could adversely affect our ability to raise capital in the future.</li><li>We depend on certain customers for our revenues which include our group company/entities. A decrease in the revenues we derive from them could adversely affect our business, results of operations, cash flows and financial condition.</li><li>We are dependent on information technology systems in carrying out our business activities and it forms an integral part of our business. Further, if we are unable to adapt to technological changes and successfully implement new technologies or if we face failure of our information technology systems, we may not be able to compete effectively which may result in higher costs and would adversely affect our business and results of operations.</li><li>We have in past entered into related party transactions and we may continue to do so in the future.</li><li>Our Promoters may enter into ventures that may lead to real or potential conflicts of interest with our business.</li><li>Our Company has issued Equity Shares in the last one year at a price which is lower that the Issue Price.</li><li>We may face difficulties in implementing our strategies including our expansion and diversification plans of entering new geographical areas, development and commercialization of new products.</li><li>Our success depends heavily upon our individual Promoters, Directors, KMPs and SMPs for their continuing services, strategic guidance, and financial support.</li><li>Information relating to the installed production capacity and capacity utilization of our manufacturing unit included in this Draft Red Herring Prospectus are based on various assumptions and estimates and future production and capacity may vary.</li><li>Our Company has unsecured loans with a total outstanding amount of ? 321.67 Lakhs as of March 20, 2025, that may be recalled by the lenders at any time.</li><li>Our operations are labor-intensive, and may be adversely affected by work stoppages, increased labor costs, such as wage demands or minimum wage increases, or challenges in engaging new employees on commercially attractive terms, which could negatively impact our business and results of operations.</li><li>Pricing pressure from customers may adversely affect our gross margin, profitability and ability to increase our prices, which in turn may materially adversely affect our business, results of operations and financial condition.</li><li>Small portion of our products is manufactured through job work suppliers, with whom we do not have any formal agreements.</li><li>Any downtime for maintenance and repair of our machinery/equipment could lead to business interruptions that could be expensive and harmful to our reputation and to our business.</li><li>Our Company's management will have flexibility in utilizing the net proceeds from the Offer and the deployment of the net proceeds from the Offer is not subject to any monitoring by any independent agency.</li><li>Our insurance coverage may not adequately protect us against potential risks, leading to uninsured losses or losses exceeding our coverage, which could have a material adverse effect on our business.</li><li>Our employees may engage in misconduct or other improper activities, including non-compliance with regulatory standards and requirements.</li><li>The requirements of being a listed company may strain our resources.</li><li>Conflict of interest may arise as some of our Promoter Group entities are authorized to carry on similar line of business as our Company which may lead to real or potential conflicts of interest for our Promoters or Directors.</li><li>We may require additional equity or debt in the future in order to continue to grow our business, which may not be available on favorable terms or at all.</li><li>Our ability to pay dividends in the future will depend upon future earnings, financial condition, cash flows, working capital requirements, and capital expenditures.</li><li>Our Equity Shares have never been publicly traded, and after the Issue, the Equity Shares may experience price and volume fluctuations, and an active trading market for the Equity Shares may not develop. Further, the Issue Price may not be indicative of the market price of the Equity Shares after the Issue.</li><li>There are restrictions on daily weekly monthly movement in the price of the equity shares, which may adversely affect the shareholder's ability to sell for the price at which it can sell, equity shares at a particular point in time.</li><li>We have not independently verified certain data in this Draft Red Herring Prospectus.</li><li>QIB and Non-Institutional Investors are not permitted to withdraw or lower their Bids (in terms of quantity of Equity Shares or the Bid Amount) at any stage after submitting a Bid.</li><li>Investors will not be able to sell immediately on an Indian stock exchange any of the Equity Shares they purchase in the Issue.</li><li>Any future issuance of Equity Shares may dilute the shareholding of the Investors, or any sale of Equity Shares by our Promoter or other significant shareholder(s) may adversely affect the trading price of the Equity Shares.</li><li>A downgrade in our credit rating could adversely affect our ability to raise capital in the future.</li><li>Our business is dependent on certain major customers, with whom we do not have firm commitment agreements. The loss of such customers, a significant reduction in purchases by such customers, or a lack of commercial success of a particular vehicle model of which we are a significant supplier could adversely affect our business, results of operations and financial condition.</li><li>There have been instances of delays in payment of statutory dues, i.e. ESIC and EPF by the Company. In case of any delay in payment of statutory due in future by our Company, the Regulatory Authorities may impose monetary penalties on us or take certain punitive actions against our Company in relation to the same which may have adverse impact on our business, financial condition and results of operations.</li><li>Our proposed capacity expansion plans relating to the Proposed Mahad, Raigad Project are subject to the risk of unanticipated delays in implementation and cost overruns.</li><li>The company is subject to strict quality requirements and any product defect issues or failures by it or the company component suppliers to comply with quality standards may lead to the cancellation of existing and future orders, recalls or warranty and liability claims.</li><li>The availability of counterfeit products, such as products passed off as its products by others in the aftermarket business, could adversely affect the company goodwill and results of operations.</li><li>Its two existing manufacturing units as well as the company proposed manufacturing unit are located in Maharashtra. Any localized social unrest, natural disaster, service disruption, or other unforeseen events in or around Maharashtra could lead to production interruptions or shutdowns at its facilities. Such disruptions could have a material adverse effect on the company business and financial condition.</li><li>Some of its properties, including the company Registered Office and Manufacturing Facilities, are located on leased premises. There may or may not be assurance that we will be able to retain or renew such leases on the same or similar terms, or that the company will find alternate locations for the existing offices on terms favorable to it, or at all.</li><li>Its operations are labor-intensive, and may be adversely affected by work stoppages, increased labor costs, such as wage demands or minimum wage increases, or challenges in engaging new employees on commercially attractive terms, which could negatively impact its business and results of operations.</li><li>Its funding requirements and the proposed deployment of the Net Proceeds of the Offer have not been appraised by any bank or financial institution are based on management estimates and may be subject to change based on various factors, some of which are beyond its control.</li><li>The Company is yet to place orders for 100% of the plant and machinery and solar plant. Any delay in placing orders or procurement of such plant and machinery and solar plant, may further delay the schedule of implementation and increase the cost of commissioning the manufacturing unit.</li><li>The company intend to utilise a portion of the Net Proceeds towards part financing the cost of establishing new manufacturing facilities to expand its production capabilities in Mahad, Raigad, and the company cannot assure you that its will be able to derive the benefits from the proposed object.</li><li>The Company proposes to utilize part of the Net Proceeds for repayment or pre-payment, in full or in part, of all or certain secured borrowings availed by the Company and accordingly, the utilization of that portion of the Net Proceeds will not result in creation of any tangible assets.</li><li>Its inability to establish and maintain effective internal control systems, compliance frameworks, and mechanisms for tracking key operational and business metrics may have a material adverse effect on its business, results of operations, financial condition, and reputation.</li><li>There have been instances of delays or incorrect filings of certain forms along with and other non-compliances which were required to be filed as per the reporting requirements under the Companies Act, 2013 to RoC. There have also been instances wherein incorrect details were filed in certain forms filed by the Company.</li><li>The company has witnessed negative cash flow from operating activities in the past. Any negative cash flows in the future would adversely affect its cash flow requirements, which may adversely affect the company ability to operate its business and the company financial condition.</li><li>Its continued operations are critical to the company business and any shutdown of its manufacturing units may adversely affect the company business, results of operations and financial condition.</li><li>Its inability to manage inventory in an effective manner could affect the company business.</li><li>Its Directors does not have any prior experience of being a director in any other listed company in India and this may present certain potential challenges for the Company and in the event of any material non-compliance where its Directors are held liable and responsible, the company may have to appoint new directors.</li><li>Any delays and/or defaults in payments could result in increase of working capital investment and/or reduction of the Company's profits, thereby affecting its operation and financial condition.</li><li>Its inability to collect receivables in time or at all and default in payment from the company customers could result in this Reduction of its profits and affect the company cash flows.</li><li>Its failures to keep the company technical knowledge confidential could erode its competitive advantage.</li><li>The company regularly work with hazardous materials and activities in its operation can be dangerous, which could cause injuries to people or property.</li><li>A significant portion of its domestic sales are derived from the West zone and South zone, any adverse developments in this market could adversely affect the company business.</li><li>The company failures to identify and understand evolving industry trends and preferences and to develop new products to meet its customers' demands may materially adversely affect the company business.</li><li>The company is exposed to counterparty credit risk and any delay in receiving payments or non-receipt of payments may adversely impact its results of operations.</li><li>Its business may expose the company to potential product liability claims and recalls, which could adversely affect its results of operation, goodwill and the marketability of the company products.</li><li>Its Promoters have extended personal guarantee in connection with some of the company debt facilities to the company and one of the company promoter group entity. There can be no assurance that such personal guarantee will be continued to be provided by its Promoters in future or can be called at any time, affecting the financial arrangements.</li><li>The company has outstanding litigation against it, an adverse outcome of which may adversely affect the company business, reputation and results of operations.</li><li>If the company is not able to obtain, renew or maintain its statutory and regulatory licenses, registrations and approvals required to operate its business, it may have a material adverse effect on the company business, results of operations and financial condition.</li><li>As on date the company has not obtained any of the approvals, clearances and permissions as may be required from the relevant authorities for the proposed expansion at its manufacturing units. In the event the company is unable to obtain such approvals and permits, its business, results of operations, cash flows and financial condition could be adversely affected.</li><li>In addition to its existing indebtedness for the company existing operations, its may incur further indebtedness during the course of business. The company cannot assure that its would be able to service the company existing and/ or additional indebtedness.</li><li>Its Promoters, Directors and Key Managerial Personnel have interests in the Company other than reimbursement of expenses incurred or normal remuneration or benefits.</li><li>This Red Herring Prospectus contains information from an industry report prepared by Infomerics Analytics & Research, commissioned by it for the purpose of the Issue for an agreed fee.</li><li>Information relating to capacity utilization of its manufacturing facilities included in this Red Herring Prospectus is based on various assumptions and estimates. Optimal capacity utilisation of the company production capacities could adversely affect its business, future prospects, and financial performance, as the company may not be able to meet any potential increase in demand in the future.</li><li>The Company does not have any documentary evidence for the past education qualifications of Bhawanji Khimji Shah.</li><li>Its Promoters and members of the Promoter Group have significant control over the Company and have the ability to direct the company business and affairs; their interests may conflict with your interests as a shareholder.</li><li>The average cost of acquisition of Equity Shares held by its Promoters could be lower than the Offer Price.</li><li>The Company will not receive any proceeds from the Offer for Sale portion, and the Promoter Selling Shareholders shall be entitled to the Offer Proceeds to the extent of the Equity Shares offered by him in the Offer for Sale. Its Promoter is therefore interested in the Offer in connection with the Equity Shares offered by them in the Offer for Sale.</li><li>Its future fund requirements, in the form of further issue of capital or securities and/or loans taken by it, may be prejudicial to the interest of the Shareholders depending upon the terms on which they are eventually raised.</li><li>The company depends on certain customers for its revenues which include the company group company/entities. A decrease in the revenues it derives from them could adversely affect the company business, results of operations, cash flows and financial condition.</li><li>The company is dependent on information technology systems in carrying out its business activities and it forms an integral part of the company business. Further, if the company is unable to adapt to technological changes and successfully implement new technologies or if the company faces failures of its information technology systems, The company may not be able to compete effectively which may result in higher costs and would adversely affect its business and results of operations.</li><li>The company has in past entered into related party transactions and its may continue to do so in the future.</li><li>Its Promoters may enter into ventures that may lead to real or potential conflicts of interest with the company business.</li><li>The Company has issued Equity Shares in the last one year at a price which is lower that the Issue Price.</li><li>Its may faces difficulties in implementing the company strategies including its expansion and diversification plans of entering new geographical areas, development and commercialization of new products.</li><li>Its success depends heavily upon the company individual Promoters, Directors, KMPs and SMPs for their continuing services, strategic guidance, and financial support.</li><li>Information relating to the installed production capacity and capacity utilization of its manufacturing unit included in this Red Herring Prospectus are based on various assumptions and estimates and future production and capacity may vary.</li><li>The Company has unsecured loans with a total outstanding amount of ? 366.59 Lakhs as of June 15, 2025, that may be recalled by the lenders at any time.</li><li>Pricing pressure from customers may adversely affect its gross margin, profitability and ability to increase the company prices, which in turn may materially adversely affect its business, results of operations and financial condition.</li><li>Small portion of its products is manufactured through job work suppliers, with whom the company does not have any formal agreements.</li><li>Any downtime for maintenance and repair of its machinery/equipment could lead to business interruptions that could be expensive and harmful to the company reputation and to its business.</li><li>The Company's management will have flexibility in utilizing the net proceeds from the Offer and the deployment of the net proceeds from the Offer is not subject to any monitoring by any independent agency.</li><li>Its insurance coverage may not adequately protect us against potential risks, leading to uninsured losses or losses exceeding the company coverage, which could have a material adverse effect on its business.</li><li>The company employees may engage in misconduct or other improper activities, including non-compliance with regulatory standards and requirements.</li><li>The requirements of being a listed company may strain its resources.</li><li>Conflict of interest may arise as some of its Promoter Group entities are authorized to carry on similar line of business as the Company which may lead to real or potential conflicts of interest for its Promoters or Directors.</li><li>Its may require additional equity or debt in the future in order to continue to grow the company business, which may not be available on favorable terms or at all.</li><li>Its ability to pay dividends in the future will depends upon future earnings, financial condition, cash flows, working capital requirements, and capital expenditures.</li><li>Its Equity Shares have never been publicly traded, and after the Issue, the Equity Shares may experience price and volume fluctuations, and an active trading market for the Equity Shares may not develop. Further, the Issue Price may not be indicative of the market price of the Equity Shares after the Issue.</li><li>There are restrictions on daily weekly monthly movement in the price of the equity shares, which may adversely affect the shareholder's ability to sell for the price at which it can sell, equity shares at a particular point in time.</li><li>The company has not independently verified certain data in this Red Herring Prospectus.</li><li>QIB and Non-Institutional Investors are not permitted to withdraw or lower their Bids (in terms of quantity of Equity Shares or the Bid Amount) at any stage after submitting a Bid.</li><li>Investors will not be able to sell immediately on an Indian stock exchange any of the Equity Shares they purchase in the Issue.</li><li>Any future issuance of Equity Shares may dilute the shareholding of the Investors, or any sale of Equity Shares by its Promoter or other significant shareholder(s) may adversely affect the trading price of the Equity Shares.</li></ul>

The Issue type of Jyoti Global Plast Ltd is Book Building - SME.

The minimum application for shares of Jyoti Global Plast Ltd is 4000.

The total shares issue of Jyoti Global Plast Ltd is 5370000.

Initial public offer of upto 53,70,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of the company at an offer price of Rs. 66 per equity share (including a share premium of Rs. 56 per equity share) for cash, aggregating up to Rs. 35.44 crores ("Public Offer") comprising a fresh issue of upto 43,20,000 equity shares of face value of Rs. 10 each aggregating to Rs. 28.51 crores (the "Fresh Issue") and an offer for sale of upto 10,50,000 equity shares of face value of Rs. 10 each comprising of upto 3,00,000 equity shares of face value of Rs. 10 each by Bhawanji Khimji Shah, upto 3,75,000 equity shares of face value of Rs. 10 each by Hiren Bhawanji Shah and upto 3,75,000 equity shares of face value of Rs. 10 each by Deven Bhawanji Shah ("the Selling Shareholder or "Promoter Selling Shareholders") ("Offer for Sale") aggregating to Rs. 6.93 crores, out of which 2,70,000 equity shares of face value of Rs. 10 each of face value of Rs. 10/- each, at an offer price of Rs. 66 per equity share for cash, aggregating Rs. 1.78 crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. net offer of 51,00,000 equity shares of face value of Rs. 10 each of face value of Rs. 10/- each, at an offer price of Rs. 66 per equity share for cash, aggregating up to Rs. 33.66 crores is hereinafter referred to as the "Net Offer". The public offer and net offer will constitute 27.09% and 25.73% respectively of the post-offer paid-up equity share capital of the company.