IPO

Sharika Enterprises Limited IPO

BSE SME

Offer Date: Nov 15, 2017 - Nov 17, 2017

₹ 258000 /6000 Shares
*Min Investment

15 Nov, 2017

Open Date

17 Nov, 2017

Close Date

23 Nov, 2017

Allotment Date

27 Nov, 2017

Listing Date
IPO Issue Details
  • Issue Price Rs 43 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 32,25,000 Equity Shares of Rs 10/- each at a price of 43/- per share aggregating to 13.87 Cr
  • Listing at BSE SME
  • Lead Manager SWASTIKA INVESTMART LIMITED
  • Registrar SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
IPO Details
  • Retail Portion N/A
IPO Details


Sharika Enterprises Limited IPO is an SME IPO, priced at Rs 43 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Nov 15, 2017 to Nov 17, 2017. The allotment is expected to be finalized on Nov 23, 2017, and the tentative listing date is Nov 27, 2017.


The registrar of the IPO is SKYLINE FINANCIAL SERVICES PRIVATE LIMITED, and

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IPO Subscription Analysis And Details
Retail
5.00x
Total
19.00x
As on QIB / NII Retail Total
Shares Offered / Reserved 15,30,000 15,30,000 30,60,000
Day 1 15-11-17
1.94 x 2.21 x 2.07 x
Day 2 16-11-17
2.44 x 5.04 x 3.74 x
Day 3 17-11-17
88.81 x 36.32 x 62.56 x
Valuations
Earnings Per Share (EPS) Rs 1.86
P/E Ratio 23
RoNW 21.76%
Net Asset Value (NAV) Rs 22.48
IPO - Issue Objectives
1

To Meet Working Capital Requirement

2

General Corporate Purpose

3

To Meet the Issue Expenses