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Art Nirman IPO is a fixed price issue of Rs 5.01 crores.
Art Nirman IPO bidding started from September 30, 2016 and ended on October 7, 2016. The shares got listed on NSE SME on October 19, 2016.
Art Nirman IPO price is ₹25 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹150,000.
Hem Securities Limited is the book running lead manager of the Art Nirman IPO, while Sharex Dynamic (India) Pvt Ltd is the registrar for the issue.
Refer to Art Nirman IPO RHP for detailed information.
IPO Date | September 30, 2016 to October 7, 2016 |
Listing Date | October 19, 2016 |
Face Value | ₹10 per share |
Price | ₹25 per share |
Lot Size | 6000 Shares |
Total Issue Size | 2,004,000 shares (aggregating up to ₹5.01 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 5,600,000 |
Share holding post issue | 7,604,000 |
Investors can bid for a minimum of 6000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 6000 | ₹150,000 |
Retail (Max) | 1 | 6000 | ₹150,000 |
Lot Size Calculator |
Incorporated in 2011, Art Nirman Ltd is Ahmedabad, Gujarat based real estate developer involve in development of residential & commercial projects. In 2013, company started construction of our first residential cum commercial project 'Shri Vishnudhara Cross Road' in Ahmedabad and successfully completed in 2016. The project include of 5 towers containing
total of 154 residential apartments of 2 and 3 BHK and 25 commercial shops, with a total built up area of 2,09,701 sq. ft.
Company carry all the construction activities by subcontracting the project work to third party contractors.
The objects of the Issue are:
1. Working Capital requirements;
2. General Corporate Purposes;
3. Issue Expenses.
[Dilip Davda] Being a costly bet, investors may give it a miss. The asking price is at a P/E of 40 plus against industry composite of 25 and that makes it a costly bet. Read detail review...
Listing Date | October 19, 2016 |
BSE Script Code | |
NSE Symbol | ARTNIRMAN |
ISIN | INE738V01013 |
Final Issue Price | ₹25 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
NSE SME |
---|
₹25.00 |
₹27.55 |
₹27.50 |
₹30.00 |
₹30.00 |
Art Nirman Ltd
14 JBR Arcade 2nd Floor,
Nr R K Royal Hall Science City
Ahmedabad - 380060
Phone: + 91-8866404499
Email: info@artnirman.com
Website: http://www.artnirman.com
Sharex Dynamic (India) Pvt Ltd
Phone: +91- 22 - 2851 5606
Email:
Website:
SME Company Owners
We could help you get listed on the stock market.
Check our SME IPO Guide
Art Nirman IPO is a SME IPO of 2,004,000 equity shares of the face value of ₹10 aggregating up to ₹5.01 Crores. The issue is priced at ₹25 per share. The minimum order quantity is 6000 Shares.
The IPO opens on September 30, 2016, and closes on October 7, 2016.
Sharex Dynamic (India) Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Art Nirman IPO opens on September 30, 2016 and closes on October 7, 2016.
Art Nirman IPO lot size is 6000 Shares, and the minimum amount required is ₹150,000.
You can apply in Art Nirman IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Art Nirman IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Art Nirman IPO allotment status.
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Bought ongc @265(sl 262.8
Inox @211(sl 209
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Each 250 share.