IPO

Shradha Infraprojects (Nagpur) Limited IPO

NSE SME

Offer Date: Nov 27, 2017 - Nov 30, 2017

₹ 280000 /4000 Shares
*Min Investment

27 Nov, 2017

Open Date

30 Nov, 2017

Close Date

06 Dec, 2017

Allotment Date

08 Dec, 2017

Listing Date
IPO Issue Details
  • Issue Price Rs 70 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 27,04,000 Equity Shares of Rs 10/- each at a price of 70/- per share aggregating to 18.93 Cr
  • Listing at NSE SME
  • Lead Manager ARYAMAN FINANCIAL SERVICES LIMITED
  • Registrar BIGSHARE SERVICES PVT LTD
IPO Details
  • Retail Portion N/A
IPO Details


Shradha Infraprojects (Nagpur) Limited IPO is an SME IPO, priced at Rs 70 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from Nov 27, 2017 to Nov 30, 2017. The allotment is expected to be finalized on Dec 6, 2017, and the tentative listing date is Dec 8, 2017.


The registrar of the IPO is BIGSHARE SERVICES PVT LTD, and

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IPO Subscription Analysis And Details
Retail
44.00x
Total
79.00x
As on QIB / NII Retail Total
Shares Offered / Reserved 12,80,000 12,80,000 25,60,000
Day 1 27-11-17
0.18 x 0.08 x 0.13 x
Day 2 28-11-17
1.48 x 0.28 x 0.88 x
Day 3 29-11-17
1.78 x 0.75 x 1.26 x
Day 4 30-11-17
2.68 x 3.49 x 3.09 x
Valuations
Earnings Per Share (EPS) Rs 4.85
P/E Ratio 14.43
RoNW 15.29%
Net Asset Value (NAV) Rs 48.69
IPO - Issue Objectives
1

Investment in Suntech Infraestate Nagpur Private Limited to part finance the construction and development of Residential and Commercial Project 'Victoria II'

2

Acquisition of Land or Land Development Rights

3

General Corporate Purposes