✓
Open
30 Sep to 7 Oct, 2016
✓
Close
30 Sep to 7 Oct, 2016
3
Allotment
—
✓
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 |
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% | (+0.00%) |
| Dhanuka Realty Ltd. | SME | ₹4.22 Cr | ₹40 | null | ₹41.25 | +3.12% | ₹10.85 (+4.83%) |
| Pansari Developers Ltd. | SME | ₹10.19 Cr | ₹22 | null | ₹22.90 | +4.09% | ₹360.65 (+0.00%) |
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
Incorporated in 2011, Art Nirman Ltd is Ahmedabad, Gujarat based real estate developer involve in development of residential & commercial projects. In 2013, company started construction of our first residential cum commercial project 'Shri Vishnudhara Cross Road' in Ahmedabad and successfully completed in 2016. The project include of 5 towers containingtotal of 154 residential apartments of 2 and 3 BHK and 25 commercial shops, with a total built up area of 2,09,701 sq. ft.Company carry all the construction activities by subcontracting the project work to third party contractors.+ Read More
Contact Details
Art Nirman Ltd. Address14 JBR Arcade 2nd FloorNr R K Royal Hall Science CityAhmedabad, Gujarat, 380060+ 91-8866404499info@artnirman.comVisit Website