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Open
27 Nov 2017
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Close
30 Nov 2017
3
Allotment
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Listing
Mon, Dec 11, 2017
Price Band
₹70 per share
Issue Size
27,04,000 shares (agg. up to ₹19 Cr)
Lot Size
2,000 Shares
Listing Date
Mon, Dec 11, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.79x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 36.61 | 40.30 | 60.09 | 41.93 |
| Total Income | 5.71 | 40.66 | 27.87 | 1.63 |
| Profit After Tax | 1.48 | 4.67 | 8.71 | 0.91 |
| NET Worth | 32.02 | 30.55 | 25.88 | 17.17 |
| Reserves and Surplus | 35.13 | 33.65 | 43.54 | 35.58 |
| Total Borrowing | 0.02 | 3.00 | ||
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Pushpanjali Realms & Infratech Ltd. | SME | ₹14.55 Cr | ₹55 | null | ₹55.45 | +0.82% | (+0.00%) |
| 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%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in Suntech Infraestate Nagpur Private Limitedto part finance the construction and development of Residential and Commercial Project “Victoria II” | 10.00 |
| 2 | Acquisition of Land or Land Development Rights | 1.50 |
| 3 | General Corporate Purposes | 3.08 |
About Shradha Infraprojects IPO
Incorporated in 1997, Shardha Infraprojects (Nagpur) Private Limited is a Nagpur based real estate development company, engaged in the business of development and sale of residential as well as commercial properties and the development and leasing of commercial properties. Company is primarily operating in Nagpur focused on premium developments with presence in residential, Commercial and hospitality in mixed-use and single-segment developments.Shardha Infra is primarily engaged in 2 business segments:1. Development BusinessThe Development Business includes activities related to residential real estate development, from the identification and acquisition of land through to the planning, execution and sales of the development projects. The residential properties include plotted developments, houses and apartments of varying sizes. The Development Business also consists of the development and sale of certain commercial properties.2. Lease BusinessThe Lease Business involves leasing of the commercial properties. The commercial properties include corporate offices and educational institutions.+ Read More
Contact Details
Shradha Infraprojects (Nagpur) Ltd. AddressShradha HouseNear Shri Mohini Complex, KingswayBlock No.F/8Nagpur, Maharashtra, 440001+91 712 6617181investorinfo@shradhainfra.inVisit Website