The Shradha Infra IPO date has been confirmed to have started on November 27, 2017 and ended on November 30, 2017. Read the post to learn about Shradha Infra IPO GMP.
Using an IPO, Shradha Infra is seeking to raise Rs 18.93 crores. Its price is ₹70 per share.
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Key Details Of Shradha Infra Projects IPO:
Bidding Dates
November 27-30
Price Range
₹70 per share
Face Value
₹10 per share
GMP
₹72.15
Shradha Infra Projects IPO GMP
The Shradha Infra Limited IPO GMP Today is ₹72.15.
IPO Overview
The Shradha Infra IPO is a fixed-price offering worth Rs 18.93 crores. Bidding for the Shradha Infra IPO began on November 27, 2017 and closed on November 30, 2017. On December 11, 2017, the shares were listed on the NSE SME. The IPO price for Shradha Infra is Rs. 70 per share.
Shardha Infra is primarily engaged in 2 business segments:
- Development Business : The Development Business encompasses residential real estate development operations such as land discovery and purchase, as well as project design, execution, and sales. Residential properties include planned subdivisions, homes, and various sized flats. The Development Business also includes the development and sale of some commercial assets.
- Lease Business : The Lease Business involves the leasing of commercial premises. Commercial properties include corporate headquarters and educational organizations.
Shradha Infra Projects IPO Details
| IPO Date | November 27, 2017 to November 30, 2017 |
| Listing Date | December 11, 2017 |
| Face Value | ₹10 per share |
| Price | ₹70 per share |
| Lot Size | |
| Total Issue Size | 2,704,000 shares (aggregating up to ₹18.93 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Shradha Infra Projects IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | – |
| Other Shares Offered | 1,352,000 (50.00%) |
| Retail Shares Offered | 1,352,000 (50.00%) |
| Total Shares Offered | 2,704,000 (100%) |
Company Profile
Shradha Infra projects (Nagpur) Private Limited, founded in 1997, is a Nagpur-based real estate development firm that specialises in the development and sale of residential and commercial properties, as well as the development and leasing of commercial assets. The company is largely focused on premium developments in Nagpur, with a presence in residential, commercial, and hotel in mixed-use and single-segment complexes.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Shradha Infraprojects (Nagpur) Limited |
| Phone number | +91 712 6617181 |
| Email ID | [email protected] |
| Website | shradhainfra.in |
IPO Strengths
- 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.
Shradha Infra IPO FAQs
When Shradha Infra IPO will open?
The Shradha Infra IPO opens on November 27, 2017 and closes on November 30, 2017.
What is the lot size of Shradha Infra IPO?
Shradha Infra IPO lot size and the minimum order quantity is not available at this time.
When is Shradha Infra IPO listing date?
The Shradha Infra IPO listing date is on December 11, 2017.
