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SBL Infratech Limited IPO (SBL Infratech Limited IPO) Detail

September 16, 2021 - September 20, 2021

SBL Infratech Limited IPO is a fixed price issue of Rs 2.37 crores. The issue is entirely a fresh issue of 2.14 lakh shares.

SBL Infratech Limited IPO bidding started from September 16, 2021 and ended on September 20, 2021. The shares got listed on BSE SME on September 28, 2021.

SBL Infratech Limited IPO price is ₹111 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹133,200.

Fast Track Finsec Pvt Ltd is the book running lead manager of the SBL Infratech Limited IPO, while Skyline Financial Services Private Ltd is the registrar for the issue.

Refer to SBL Infratech Limited IPO RHP for detailed information.

SBL Infratech Limited IPO Details

IPO Date September 16, 2021 to September 20, 2021
Listing Date September 28, 2021
Face Value ₹10 per share
Price ₹111 per share
Lot Size 1200 Shares
Total Issue Size213,600 shares
(aggregating up to ₹2.37 Cr)
Fresh Issue213,600 shares
(aggregating up to ₹2.37 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue597,670
Share holding post issue811,270
Market Maker portion10,800 shares

SBL Infratech Limited IPO Reservation

SBL Infratech Limited IPO offers 213,600 shares. 101,400 (47.47%) to NII, 101,400 (47.47%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered10,800 (5.06%)
Other Shares Offered101,400 (47.47%)
Retail Shares Offered101,400 (47.47%)
Total Shares Offered213,600 (100%)

SBL Infratech Limited IPO Lot Size

Investors can bid for a minimum of 1200 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 1200 ₹133,200
Retail (Max) 1 1200 ₹133,200
Lot Size Calculator

SBL Infratech Limited IPO Promoter Holding

Ankit Sharma and Shifali Sharma are the company promoters.

Share Holding Pre Issue 90.01%
Share Holding Post Issue 66.33%

About SBL Infratech Limited

Incorporated in 2015, SBL Infratech is mainly engaged in the business of real estate brokerage, selling plots of land, and developing and selling affordable housing. The company has a vision to grow into one of the most trusted brand names in Real Estate sector.

SBL Infratech's business operations includes all activities related to real estate development, starting from identification and acquisition of land till through the planning, execution, and sales of their developed projects. The company has successfully launched & executed projects like Shubh Niwas and DayalVihar in Neemrana, Rajasthan.

Competitive strengths:

  • Focus on developing and maintaining long-term relationships with clients, agricultural landowners, and real estate brokers.
  • Good quality clientele attracted by strong marketing presence and close follow-up with prospective clients.
  • Emphasis on quality design and construction.
  • Experienced Promoter and Management Expertise.
  • Good brand recognition and improved brand recall.

Company Financials

Summary of financial Information (Restated Standalone)
Particulars For the year/period ended (₹ in Lakhs)
31-Mar-21 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 281.10 68.18 67.27 32.13
Total Revenue 40.42 148.67 19.7 18.54
Profit After Tax 1.68 10.66 0.38 0.22

Objects of the Issue (SBL Infratech Limited IPO Objectives)

  • To Meet out the Working Capital requirements of the Company.
  • To Meet out the General Corporate Purposes.
  • To meet out the Issue Expenses.

SBL Infratech Limited IPO Review (Avoid)

[Dilip Davda]  A company with lacklustre financial data operating in a highly competitive and fragmented market. Its issue announcement itself lacked on transparency on the IPO pricing part. Please refer to Preface for this aspect. Based on its financial data and other parameters, the issue is exorbitantly priced. Just avoid this issue as it will have just Rs. 0.81 cr. paid up equity post IPO, indicating at pretty long duration for migration to mainboard. Read detail review...


SBL Infratech Limited IPO Subscription Status (Bidding Detail)

The SBL Infratech Limited IPO is subscribed 1.56 times on September 20, 2021 6:53:00 AM. The public issue subscribed 2.37 times in the retail category, times in the QIB category, and 0.76 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other0.76
Retail2.37
Total1.56

SBL Infratech Limited IPO Prospectus

SBL Infratech Limited IPO Rating

78
3.8
Rating:Rated 3.8 stars
Vote Here ...

SBL Infratech Limited IPO Listing Details

Listing Date September 28, 2021
BSE Script Code 543366
NSE Symbol
ISIN INE0DLM01024
Final Issue Price ₹111 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹111.00
₹130.00
₹125.00
₹130.00
₹125.00

Check IPO Performance…

SBL Infratech Limited Contact Details

SBL Infratech Limited
Plot No.44, Block B-10, Second Floor
Sector-13, Dwarka
New Delhi-110070
Phone: +91-9873732329
Email: cs@sblinfra.com
Website: https://sblinfra.com/

SBL Infratech Limited IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/ipo.php

SBL Infratech Limited IPO - Buy or Not

SBL Infratech Limited IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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SBL Infratech Limited IPO FAQs

SBL Infratech Limited IPO is a SME IPO of 213,600 equity shares of the face value of ₹10 aggregating up to ₹2.37 Crores. The issue is priced at ₹111 per share. The minimum order quantity is 1200 Shares.

The IPO opens on September 16, 2021, and closes on September 20, 2021.

Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in SBL Infratech Limited IPO using UPI as a payment gateway. Zerodha customers can apply in SBL Infratech Limited IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in SBL Infratech Limited IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'SBL Infratech Limited IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The SBL Infratech Limited IPO opens on September 16, 2021 and closes on September 20, 2021.

SBL Infratech Limited IPO lot size is 1200 Shares, and the minimum amount required is ₹133,200.

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

The SBL Infratech Limited IPO listing date is on September 28, 2021.
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SBL Infratech Limited IPO Message Board

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31 Comments

17. Anari Investor |   Link |  Bookmark |October 8, 2021 8:03:27 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Lower pe lower pe lower circuit.
Yani
Loot pe loot pe loot.

I can''t understand why such type of companies bring such issues at such a high price and spoil the sentiments of the market.
16. Obedur Rahman |   Link |  Bookmark |October 4, 2021 11:33:29 AM
Bo ID
15. MintIndian |   Link |  Bookmark |September 28, 2021 11:10:34 AM
After opening at 130 (Vol- 3 lots), now at lower circuit 123.5 and no buyers. Disclaimer:- Posting this for future reference and have no / willing to have any stake in this stock.
15.1. TSG |   Link |  Bookmark |September 28, 2021 11:46:38 AM
This is clear setting by LM to list in positive and then disappear . Tomorrow onwards it may hit lower circuit but LM can add it to their list of stocks listed with gain
14. Dilip Davda |   Link |  Bookmark |September 14, 2021 4:55:54 PM
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
In August 2021 this company wanted to collect Rs. 4.5 cr. approx. at Rs. 210 per share, but having realised the blunder they were up to they withdrew and postponed the IPO for this month. But their mockery has not stopped, this time they want to collect Rs. 2.4 cr. at a price of Rs. 111 per share with a valuation of above 500 P/E. This act on their behalf appears as if they are taking the investor-friendly move, but it is not so at all. Post-IPO paid-up capital level of Rs. 0.81 and issue expenses of around Rs. 0.52 cr. for mobilizing Rs. 2.4 cr. hints at some game plans from vested interest groups. It is a great wonder how BSE SME permits such IPOs? Its high time for SEBI to take the reins in their hand on pricing aspects at least to stop such nuisances. Simply stay away from such IPOs as it is meant for closed circles game plans.

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews

14.1. Amit Das |   Link |  Bookmark |September 20, 2021 8:31:27 AM
sir, यह general corporate purpose क्या होता है?
14.2. Small Investor |   Link |  Bookmark |September 21, 2021 2:06:49 PM
IPO Guru IPO Guru (2200+ Posts, 1100+ Likes)
Dear Amit das
Gen Cor.Means Working Capital Fund for Business
13. Deepaks |   Link |  Bookmark |September 20, 2021 1:59:01 PM
I have a shop earning more than 2L. I think I should file ipo.
12. Rishi Kapoor |   Link |  Bookmark |September 18, 2021 1:04:34 AM
This IPO confirms that peak of bull market coming. DONT DONT DONT APPLY AND SAVE YOUR MONEY
11. Bole bhai |   Link |  Bookmark |September 17, 2021 10:01:53 PM
SME ipo me upi mandate apply kitne times mi Krna pdtha hi
Please reply
10. Delhi Trade |   Link |  Bookmark |September 15, 2021 11:55:05 PM
Desh ke jaane mane Mahananubhavi logo me apne reviews SBL Infratech Limited ke liye diye. Lekin me anubhavi logo se ye puchna chahta hu after 23 March 2020 bharat me Real Estate ki kya halat h. Is company ne 2020 financial year tak bhot ache returns dikhaye lekin uske bad inke sath bhi vahi hua jo baki sabhi Real Estate firm ke sath hua.
Aap log share market bhot ache se jante h lekin Real Estate market kis tarah work krti h kya ye jante hai?. Company IPO lane ka plan drop bhi kar sakti thi lekin pandemic hone ke bawajud IPO lane ki himmat dikhai. or yaha kuch mahan anubhavi log ye keh rhe h BSE ne inko list kaise kr diye, Shayad ye anubhavi log apne aap ko BSE se bhi Uper smjhte h... or IPO Lana inke liye Bacho ka Khel h.

Mera manna h itne bure samay me bhi koi company IPO stage pe ayi h usko negative na bolkr balki uska support krke uper uthna chachiye.
And last in my review: This company is well known in specific area in Neemrana, Behror, (Rajasthan). and has delivered their projects.
10.1. MintIndian |   Link |  Bookmark |September 16, 2021 1:50:32 PM
@ Delhi trade, Chill karo and if applying, hum tumhare saath hain. Listing ke bad rona ho ya party ho dono mai. Location send kar dena and you are paying obviously. 😀
10.2. Ankur Goel |   Link |  Bookmark |September 17, 2021 12:39:04 AM
IPO Guru IPO Guru (1300+ Posts, 600+ Likes)
You can bailout ipo by investing in it.
9. Amit Das |   Link |  Bookmark |August 18, 2021 8:39:41 AM
please never invest money with greedy promoters. indian rupee will lose its value further
8. Dilip Davda |   Link |  Bookmark |August 18, 2021 8:13:10 AM
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
The company announced its IPO plans and gave an advertisement in Financial Express Mumbai edition (page no. 16) indicating the timeline for August 18 to August 23, 2021. When I did not find its final prospectus on any website including BSE, Fast Trach Finsec - Lead Manager (LM) and the SBI Infra (company''s own website) I inquired with the destination exchange BSE. While at the first place they informed that being online filing system adopted by them, the concerned documents may get filed soon. But as it did not happen till August 17 post noon,I again checked with BSE, who after interacting with LM and the company informed tht they have rescheduled opening of the IPO for the last week of August 2021 and will upload the documents at an appropriate time. However, surprisingly in Financial Express (page 16) dated August 18, they published an ad saying that the issue is postponed sine a die till further notice. Then how come BSE people were not given the proper information by the issuer and their LM. While postponing their IPO they blamed poor market conditions, but in fact, I presume it was their own misdid with exorbitant pricing for an IPO with minuscule financial data. Off late we have been witnessing last-minute filings of offer documents not only for SME but also for mainboard IPOs. I urge the regulatory body to take a note of this and do the needful in the matter. Perhaps it is high time to take evaluating SME offer documents in their hand and they should establish a subdivision for primary market under SME segment.

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews

8.1. Dilip Davda |   Link |  Bookmark |August 18, 2021 8:15:47 AM
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
In absence of final offer documents, I haven''t reviewed this IPO.

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews

7. Aman.raj |   Link |  Bookmark |August 17, 2021 8:38:17 PM
Company hai ya gol gappe ki rehdi wala???
6. Vivek SP |   Link |  Bookmark |August 17, 2021 11:45:27 AM
Two lots are costing more than the yearly profit !!
6.1. G profit |   Link |  Bookmark |August 17, 2021 7:10:48 PM
IPO Mentor IPO Mentor (1200+ Posts, 300+ Likes)
😀😀😀😀👍👍
5. Ankur Goel |   Link |  Bookmark |August 16, 2021 6:51:43 PM
IPO Guru IPO Guru (1300+ Posts, 600+ Likes)
joke of the day.
22k,
38K,
10.66 L,
1.68L are profit for previous year. Even with this profit, they cannot afford listing expense annually.
5.4. TOPS |   Link |  Bookmark |August 17, 2021 4:59:19 PM
WHAT A GREAT COMPANY THEIR GOAL IS TO BE LIKE L& T CONSTRUCTION COMPANY
5.5. DHARMENDRA SHARMA |   Link |  Bookmark |September 2, 2021 10:00:10 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Dear Ankur Goel jee,
Best wishes advice they skip chemplast and 20 companies in their watch list which can return of 10 to20 percent.
I ask to advice their 20 companies which is in their watch list.
Sir jee i have not so much, aap samajh gaye honge, Sir jee isliye Aap se advice chahte hai, Aapki earlier recommendations very Good .
4. Subbiah Ramanathan |   Link |  Bookmark |August 17, 2021 3:55:26 AM
real guts to ask such a high price.Even God cannot save the investors What is SEBI doing?
4.1. IPO mining |   Link |  Bookmark |August 17, 2021 7:03:59 AM (200+ Posts)
It''s SME , SEBI doesnot have anything to do here.. it''s done by exchanges directly
4.2. MintIndian |   Link |  Bookmark |August 17, 2021 10:57:34 AM
SMEs are not guarded by SEBI that why QIBs and FPI donot invest here.
3. Vinaychauhan |   Link |  Bookmark |August 17, 2021 10:41:14 AM
Waah bhai waah IPO ki Ganga Bhah rahi koi bhi IPO le ke aa jata hai paisa batorane. 18 Lakh , 19 Lakh, 40 Lakh ka Turnover kar rhe saal me Paisa raise karna 4.50 Crore. bhai kaun sa majak chal rha hai yaar. Itna turnover to Chote kasbe me kirana vala kar leta hai aur uska profit bhi har mahine ka 40 hazar se jyada hota hai. yaha saal me 40 hazar ka profit . kaun hai bhai ye mahan log.
2. G profit |   Link |  Bookmark |August 16, 2021 4:58:28 PM
IPO Mentor IPO Mentor (1200+ Posts, 300+ Likes)
Net profit is 1. 6 lakhs for year ended 2021. IPO issue rate is rs.210/-. I wonder what sebi is doing. Investment can totally wipe of capital. People donot invest.
1. G profit |   Link |  Bookmark |August 16, 2021 4:52:46 PM
IPO Mentor IPO Mentor (1200+ Posts, 300+ Likes)
Investment in this company- Result GOVINDA GOVINDA EDUKONDALAVAADAA GOVINDAAA,🥴🥴🥴🥴