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Shashijit Infraprojects IPO is a fixed price issue of Rs 3.49 crores.
Shashijit Infraprojects IPO bidding started from September 30, 2016 and ended on October 6, 2016. The shares got listed on BSE SME on October 17, 2016.
Shashijit Infraprojects IPO price is ₹15 per share. The minimum lot size for an application is 8000 Shares. The minimum amount of investment required by retail investors is ₹120,000.
Pantomath Capital Advisors Pvt Ltd is the book running lead manager of the Shashijit Infraprojects IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Shashijit Infraprojects IPO is Pantomath Stock Brokers.
Refer to Shashijit Infraprojects IPO RHP for detailed information.
IPO Date | September 30, 2016 to October 6, 2016 |
Listing Date | October 17, 2016 |
Face Value | ₹10 per share |
Price | ₹15 per share |
Lot Size | 8000 Shares |
Total Issue Size | 2,328,000 shares (aggregating up to ₹3.49 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Share holding pre issue | 6,292,000 |
Share holding post issue | 8,620,000 |
Market Maker portion | 120,000 shares Pantomath Stock Brokers |
Investors can bid for a minimum of 8000 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 | 8000 | ₹120,000 |
Retail (Max) | 1 | 8000 | ₹120,000 |
Lot Size Calculator |
The promoters of the company are:
1. Ajit Jain
Share Holding Pre Issue | 99.99% |
Share Holding Post Issue | 72.99% |
Incorporated in 1991, Shashijit Infraprojects Ltd constructs, builds, and develops industrial infrastructure facilities, driveways, public utilities, powerhouse buildings, factories, and other immovable properties. The company is headquartered in Vapi, India.
They have executed various industrial and residential projects in Gujarat particularly in Vapi, Surat, Silvassa and Union Territory Daman.
KPI | Values |
---|---|
RoNW | 13.78% |
The object to the Issue are to:
1. Fund the purchase of Machinery, Scaffolding equipment;
2. Repayment of loan;
3. Working Capital requirements; and
4. General Corporate Purposes.
[Dilip Davda] Inconsistency in performance raises concern. However, risk savvy cash surplus investors may consider long term investment as infra sector is set for a big push ahead. Read detail review...
Listing Date | October 17, 2016 |
BSE Script Code | 540147 |
NSE Symbol | |
ISIN | INE700V01013 |
Final Issue Price | ₹15 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE SME |
---|
₹15.00 |
₹15.85 |
₹15.10 |
₹15.85 |
₹15.25 |
Shashijit Infraprojects Ltd
Plot No. 209, Shop No. 23,
2nd Floor, Girnar Khushboo Plaza,
GIDC, Vapi – 396195
Phone: +91 260 2432963
Email: investors @ shashijitinfraprojects.com
Website: http://www.shashijitinfraprojects.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
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Shashijit Infraprojects IPO is a SME IPO of 2,328,000 equity shares of the face value of ₹10 aggregating up to ₹3.49 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000 Shares.
The IPO opens on September 30, 2016, and closes on October 6, 2016.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Shashijit Infraprojects IPO opens on September 30, 2016 and closes on October 6, 2016.
Shashijit Infraprojects IPO lot size is 8000 Shares, and the minimum amount required is ₹120,000.
You can apply in Shashijit Infraprojects 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 Shashijit Infraprojects IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Shashijit Infraprojects IPO allotment status.
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