Real estate developer Jet Infraventure (JIL) is going to list its equity shares on the SME platform of Bombay Stock Exchange (BSE) on November 12.
The 64.90 lakh shares public issue was opened for subscription during October 16-27, 2014.
Jet Infraventure is a real estate development company headquartered in Mumbai and focusing on residential projects. The company sub-contracts projects to third party contractors. Jet Infra has executed residential projects in the States of Maharashtra and Gujarat.
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The company intends to use issue proceeds for working capital requirements, payment of certain unsecured loans and general corporate purposes.
Pantomath Capital Advisors Private Limited was the book running lead manager to the issue. Bigshare Services Private Limited was the registrar to the issue.
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