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Open
27 Jun 2017
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Close
30 Jun 2017
3
Allotment
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Listing
Mon, Jul 10, 2017
Price Band
₹55 per share
Issue Size
26,46,000 shares (agg. up to ₹15 Cr)
Lot Size
2,000 Shares
Listing Date
Mon, Jul 10, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.08x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2016 | 31 Mar 2016 | 31 Mar 2015 | 31 Mar 2014 |
|---|---|---|---|---|
| Assets | 66.71 | 47.40 | 22.21 | 8.41 |
| Total Income | 18.48 | 22.15 | 13.46 | 1.18 |
| Profit After Tax | 1.18 | 1.39 | 0.43 | 0.02 |
| NET Worth | 7.52 | 6.34 | 0.45 | 0.03 |
| Reserves and Surplus | 2.61 | 1.43 | 0.44 | 0.02 |
| Total Borrowing | 14.90 | 18.64 | 14.89 | 6.64 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Relstruct Buildcon Ltd. | SME | ₹23.36 Cr | ₹50 | null | ₹46.75 | -6.50% | (+0.00%) |
| Manas Properties Ltd. | SME | ₹39.96 Cr | ₹360 | null | ₹360.20 | +0.06% | (+0.00%) |
| India Green Reality Ltd. | SME | ₹10.38 Cr | ₹30 | null | ₹30.15 | +0.50% | (+0.00%) |
| Art Nirman Ltd. | SME | ₹5.01 Cr | ₹25 | null | ₹30.00 | +20.00% | ₹38.68 (-0.44%) |
| 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% | ₹357.60 (-0.72%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the fund requirements for execution of the Ongoing Projects including working Capital Requirements | 11.19 |
| 2 | General Corporate Purposes | 2.90 |
| 3 | Issue Expenses | 0.46 |
About Pushpanjali Realms IPO
Incorporated in 2013, Pushpanjali Realms and Infratech Ltd is a real estate development company focused primarily on construction and development of residential projects.COMPETITIVE STRENGTHS1. Sizeable and diverse portfolio of projects in Dehradun, Uttarakhand, India2. An established Brand name and execution track record3. Quality Assurance and Standards4. Cordial relations with our customers and contractorsThey have successfully executed one Residential Project named Upscale Living in Dehradun, Uttarakhand. Currnently company's ongoing Projects are 1. Eminent Heights, Dehradun, Uttarakhand, 2. Orchid Park, Dehradun, Uttarakhand.+ Read More
Contact Details
Pushpanjali Realms & Infratech Ltd. AddressNath HouseDevpuraHaridwar, Uttarakhand, 249401+91 8791088791compliance@pushpanjali.comVisit Website