The Sharika Enterprises IPO date has confirmed from November 15, 2017 and ended on November 17, 2017.
Using an IPO, Sharika Enterprises is seeking to raise Rs 13.87 crores. Its price is ₹43 per share.
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Bidding Dates
November 15-17
Price Range
₹43 per share
Face Value
₹10 per share
GMP
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Sharika Enterprises IPO GMP
The Sharika Enterprises Limited IPO GMP is ₹[.].
IPO Overview
Sharika Enterprises’ initial public offering (IPO) has a set price of Rs 13.87 crores. The issue is a completely new issue of 32.25 lakh shares. The IPO bidding for Sharika Enterprises began on November 15, 2017 and ended on November 17, 2017. On November 27, 2017, the shares were listed on the BSE SME. Sharika Enterprises initial public offering (IPO) price is $43 per share.
Services provided by Sharika Enterprises
- Engineering Procurement Constructions (EPC)
- Representative Services
- Other consultancy Services
Sharika Enterprises IPO Details
| IPO Date | November 15, 2017 to November 17, 2017 |
| Listing Date | November 27, 2017 |
| Face Value | ₹10 per share |
| Price | ₹43 per share |
| Lot Size | |
| Total Issue Size | 3,225,000 shares (aggregating up to ₹13.87 Cr) |
| Fresh Issue | 3,225,000 shares (aggregating up to ₹13.87 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
Sharika Enterprises Listing Day Trading Information
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹43.00 |
| Open | ₹51.60 |
| Low | ₹50.15 |
| High | ₹51.60 |
| Last Trade | ₹51.60 |
Sharika Enterprises IPO Listing Details
| Listing Date | November 27, 2017 |
| BSE Script Code | 540786 |
| NSE Symbol | |
| ISIN | INE669Y01014 |
| Final Issue Price | ₹43 per share |
Company Profile
Sharika Enterprises, founded in 1998, specialises in Engineering Procurement Construction (EPC) contracts, specialised assembling, trading activities, Erection Services, and representation services to the power generation, transmission, and distribution sectors. Sharika Enterprises’ project portfolio also includes the installation of power transmission EHV cables, the design and installation of EMS (Energy Management System) and allied distribution automation equipment such as Autoreclosers, fault passage indicators (FPI), and so on, as well
as the design and installation of Solar Power Generation plants. Sharika Enterprises is headquartered in Noida and has assembly plants in Jammu and Noida.
Registrar Info
| Name | Skyline Financial Services Private Ltd |
| Phone number | 02228511022 |
| Email ID | virenr@skylinerta.com |
| Website | skylinerta.com |
Contact Details
| Name | Sharika Enterprises Limited |
| Phone number | +91-120-2593900 |
| Email ID | cs@sharikaindia.com |
| Website | sharikaindia.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
