The S.S. Infrastructure date has been confirmed from March 28, 2018 and ended on April 5, 2018.
S.S. Infrastructure Developers IPO is a fixed price issue of Rs 17.11 crores. The price band is set at ₹37 to ₹40 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹120,000.
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Bidding Dates
March 28-April 5
Price Range
₹37 to ₹40 per share
Face Value
₹10 per share
GMP
₹2.70
S.S. Infrastructure IPO GMP
The S.S. Infrastructure IPO GMP is ₹2.70.
IPO Overview
The S.S. Infrastructure IPO is a Rs 17.11 crore book-built issuance. Bidding for the S.S. Infrastructure IPO began on March 28, 2018 and finished on April 5, 2018. On Tuesday, April 10, 2018, the allotment for the S.S. Infrastructure IPO was completed. On April 12, 2018, the shares were listed on the NSE SME. The pricing range for the S.S. Infrastructure IPO is established at 37 to 40 per share. A lot size of 3000 shares is required for an application. Retail investors must make a minimum investment of ₹120,000 to participate.
The strengths of the company are-
- Expertise in structural designing consulting services.
- Vintage with the Defense and other organization
- High-Value Order book
- Experienced Management Team, Promoters and Board of Directors
The company has 115 employees on its payroll.
S.S. Infrastructure IPO Details
| IPO Date | March 28, 2018 to April 5, 2018 |
| Listing Date | April 12, 2018 |
| Face Value | ₹10 per share |
| Price Band | ₹37 to ₹40 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 4,278,000 shares (aggregating up to ₹17.11 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 222,000 shares |
S.S. Infrastructure Company Financials
| Particulars | For the year/period ended (in Rs. Lacs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 2,637.68 | 2,304.83 | 2,093.41 | 1,317.10 | 1,233.30 | |
| Total Revenue | 2,467.66 | 2,661.74 | 2,831.21 | 1,854.79 | 1,883.48 | |
| Profit After Tax | 380.27 | 342.21 | 382.51 | 262.59 | 226.50 | |
S.S. Infrastructure IPO Timeline
| IPO Open Date | Wednesday, March 28, 2018 |
| IPO Close Date | Thursday, April 5, 2018 |
| Basis of Allotment | Tuesday, April 10, 2018 |
| Initiation of Refunds | Wednesday, April 11, 2018 |
| Credit of Shares to Demat | Thursday, April 12, 2018 |
| Listing Date | Thursday, April 12, 2018 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 5, 2018 |
Company Profile
S.S. Infrastructure Development Consultants Private Limited, headquartered in Hyderabad, was founded in 2007 and is an Integrated Infrastructure Development solution provider in India. Through well-qualified teams and experienced promoters, the company delivers Architectural Planning, Comprehensive Civil/Structural Designs, Project Management Consultancy, Repairs and Rehabilitation, and Quality Management Systems.
S.S Infrastructure primarily engages in bids issued by government agencies, corporate companies, and other
commercial entities. It has completed big projects for companies such as Cyient Limited (previously known as Infotech Enterprises Limited), Granules India Limited, and the government.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | ipo@bigshareonline.com |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | S.S. Infrastructure Development Consultants Limited |
| Phone number | +91 040 66310224 |
| Email ID | info@ssidcon.org |
| Website | ssidcon.org |
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.
