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Open
30 Sep to 7 Oct, 2016
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Close
30 Sep to 7 Oct, 2016
3
Allotment
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Listing
Wed, Oct 19, 2016
Price Band
₹25 per share
Issue Size
20,04,000 shares (agg. up to ₹5 Cr)
Lot Size
6,000 Shares
Listing Date
Wed, Oct 19, 2016
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.62x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2016 | 31 Mar 2015 | 31 Mar 2014 |
|---|---|---|---|
| Assets | 18.19 | 24.11 | 12.10 |
| Total Income | 25.64 | 0.01 | 0.01 |
| Profit After Tax | 0.47 | 0.02 | 0.02 |
| NET Worth | 4.50 | 0.04 | 0.02 |
| Reserves and Surplus | 0.50 | 0.03 | 0.01 |
| Total Borrowing | 2.05 | 6.94 | 5.99 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| India Green Reality Ltd. | SME | ₹10.38 Cr | ₹30 | null | ₹30.15 | +0.50% | |
| Dhanuka Realty Ltd. | SME | ₹4.22 Cr | ₹40 | null | ₹41.25 | +3.12% | ₹9.50 |
| Pansari Developers Ltd. | SME | ₹10.19 Cr | ₹22 | null | ₹22.90 | +4.09% | ₹290.80 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 4.25 |
| 2 | General Corporate Purpose | 0.36 |
About Art Nirman IPO
Updated on Aug 5, 2026
Contact Details
Art Nirman Ltd. Address14 JBR Arcade 2nd FloorNr R K Royal Hall Science CityAhmedabad, Gujarat, 380060+ 91-8866404499info@artnirman.comVisit Website