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India Green Reality Ltd IPO (India Green Reality IPO) Detail

September 30, 2016 - October 6, 2016

India Green Reality IPO is a fixed price issue of Rs 10.38 crores.

India Green Reality IPO bidding started from September 30, 2016 and ended on October 6, 2016. The shares got listed on BSE SME on October 18, 2016.

India Green Reality IPO price is ₹30 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹120,000.

Oneview Corporate Advisors Pvt. Ltd. is the book running lead manager of the India Green Reality IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to India Green Reality IPO RHP for detailed information.

India Green Reality IPO Details

IPO Date September 30, 2016 to October 6, 2016
Listing Date October 18, 2016
Face Value ₹10 per share
Price ₹30 per share
Lot Size 4000 Shares
Total Issue Size3,460,000 shares
(aggregating up to ₹10.38 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue9,250,000
Share holding post issue12,710,000

India Green Reality IPO Lot Size

Investors can bid for a minimum of 4000 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 4000 ₹120,000
Retail (Max) 1 4000 ₹120,000
Lot Size Calculator

About India Green Reality Ltd

Incorporated in 2009, India Green Reality Ltd is a Ahmedabad, Gujarat based real estate company engaged in the business of development and sale of residential and commercial properties, including identification and acquisition of land, development of land, acquisition of development rights of projects, and marketing of projects/land. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.Their residential projects include townships, bungalows, resorts, club houses, and other residential projects; and commercial projects comprise resorts, retail, and hospitality projects.

Currently, the company is having three diversified projects at West Bengal and Gujarat and focusing on opportunities to build its brand in these two states. Visit chittorgarh.com for more detail.IGRL is building bungalows of varying sizes with focus on affordable pricing at Sonarpur-Kolkata and Shantiniketan -Bolpur, both projects in the state of West Bengal. It is developing and selling plot of land and constructing bungalows as well at Nal Sarover, Gujarat. Its forthcoming projects are at Jaisalmer-Rajasthan, and Sasan Gir-Gujarat.

Objects of the Issue (India Green Reality IPO Objectives)

The objects of the Issue are:

1. To meet the working capital requirements;
2. General Corporate Purposes;
3. Issue Expenses.

India Green Reality IPO Review (May apply)

[Dilip Davda]  This IPO can be termed as “High Risk – Low yield bet” as sudden push in top line and bottom line in the last fiscal raising concern. Only cash surplus risk savvy investors may consider investment for long term. Read detail review...

India Green Reality IPO Prospectus

India Green Reality IPO Rating

6
3.0
Rating:Rated 3.0 stars
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India Green Reality IPO Listing Details

Listing Date October 18, 2016
BSE Script Code 540152
NSE Symbol
ISIN INE373V01019
Final Issue Price ₹30 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹30.00
₹31.50
₹30.05
₹31.50
₹30.15

Check IPO Performance…

India Green Reality Ltd Contact Details

India Green Reality Ltd
12, Sat yam Mall,
Jodhpur Char Rasta,
Satellite, Ahmedabad - 380015
Phone: +91-79-40096471
Email: info@indiagreenreality.com
Website: http://www.indiagreenreality.com

India Green Reality IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: indiagreen.ipo@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/

India Green Reality IPO - Buy or Not

India Green Reality IPO Recommendation Summary

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Brokers 1 0 0
Members 0 0 0

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India Green Reality IPO FAQs

India Green Reality IPO is a SME IPO of 3,460,000 equity shares of the face value of ₹10 aggregating up to ₹10.38 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000 Shares.

The IPO opens on September 30, 2016, and closes on October 6, 2016.

Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The India Green Reality IPO opens on September 30, 2016 and closes on October 6, 2016.

India Green Reality IPO lot size is 4000 Shares, and the minimum amount required is ₹120,000.

You can apply in India Green Reality 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 India Green Reality IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the India Green Reality IPO allotment status.

The India Green Reality IPO listing date is on October 18, 2016.
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India Green Reality IPO Message Board

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8 Comments

7. Raghu |   Link |  Bookmark |December 13, 2016 1:35:24 AM
Is it advisable to enter PNB Housing Finance to enter at current level? What is the long term return one should look for? I had this from IPO but I booked profit @880.
6. sandeep Lodhi |   Link |  Bookmark |October 21, 2016 3:06:20 PM
please suggest me best SME trading broker company. pls pls pls
5. SATYA NARAYAN AGARWAL |   Link |  Bookmark |October 13, 2016 11:28:33 AM
Not showing any subscription data I applied 8 application but I am not getting any information about subscription data, allotment dt. Pls advice me from where I shall get information
4. Earthking |   Link |  Bookmark |October 11, 2016 9:21:23 AM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
http://m.economictimes.com/markets/stocks/news/sme-ipos-catch-investors-eye-subscription-multiplies/articleshow/54763630.cms
3. Shrewd Trader |   Link |  Bookmark |October 6, 2016 5:51:26 PM
This company works on low margin business. It is slightly expensive than Bharat Forge in PEG Profit terms but cheaper than it in EV-to-EBITDA terms. Its ROCE is much better than Bharat forge. Motherson Sumi is available at very very high valuations.
Though price is stretched but still listing gains are expected. Though Bajaj is its prime customer but Fiat group,Royal Enfield,Honda, M&M and Tata motors are prominent clients.
A lot of expectations from after market services business which is growing at 17 % CAGR.
2. STOCKT |   Link |  Bookmark |October 4, 2016 1:44:06 PM
OLD SMER OF GUINESS ARE PERFORMING TOO BADLY.

HOPE THIS ONE GETS CANCELLED DUE TO LESS SUBSCRIPTION
2.1. sandeep Lodhi |   Link |  Bookmark |October 21, 2016 7:34:22 PM
Please suggest me which broker company trade in SME Segment I want to open account for sme trading
1. STOCKT |   Link |  Bookmark |October 3, 2016 2:09:34 AM
GUINESS SME ARE A MUST NO .

LOWER 20 PC CIRCUIT ON DAY 1/