Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
AGI Infra IPO is a fixed price issue of ₹14.99 crores. The issue is entirely a fresh issue of 0.28 crore shares of ₹14.99 crore.
AGI Infra IPO bidding started from Mar 10, 2015 and ended on Mar 13, 2015. The shares got listed on BSE SME on Mar 27, 2015.
AGI Infra IPO price is ₹54.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹1,08,000 (2000 shares). The minimum lot size investment for HNI is 2 lots (4,000 shares), amounting to ₹2,16,000.
Aryaman Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Aryaman Capital Markets Ltd..
Refer to AGI Infra IPO RHP for detailed Information.
| IPO Date | March 10, 2015 to March 13, 2015 |
| Listing Date | March 27, 2015 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹54 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 27,76,000 shares (aggregating up to ₹14.99 Cr) |
| Reserved for Market Maker | 1,42,000 shares Aryaman Capital Markets Ltd. (aggregating up to ₹0.7668 Cr) |
| Net Offered to Public | 26,34,000 shares (aggregating up to ₹14.22 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 74,40,720 shares |
| Share Holding Post Issue | 1,02,16,720 shares |
AGI Infra IPO offers total 27,76,000 shares. Out of which 13,16,000 (47.41%) allocated to NII, 13,18,000 (47.48%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,42,000 (5.12%) |
| NII (HNI) Shares Offered | 13,16,000 (47.41%) |
| Retail Shares Offered | 13,18,000 (47.48%) |
| Total Shares Offered | 27,76,000 (100.00%) |
AGI Infra IPO opens on March 10, 2015, and closes on March 13, 2015.
| IPO Open Date | Tue, Mar 10, 2015 |
| IPO Close Date | Fri, Mar 13, 2015 |
| Tentative Listing Date | Fri, Mar 27, 2015 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Mar 13, 2015 |
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,08,000 |
| Retail (Max) | 1 | 2,000 | ₹1,08,000 |
| HNI (Min) | 2 | 4,000 | ₹2,16,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2005, AGI Infra Ltd is an integrated construction and real estate development company, primarily focusing on construction and development of commercial / residential projects, in and around Punjab. The company has successfully completed a Group Housing Project - "G. I. Apartments" comprising of 78 flats at the Phagwara District, Kapurthala in 2009. In 2011, it launched flagship Group Housing Project – "Jalandhar Heights".
Theye have delivered/undertaken number of high rise buildings which includes Residential Flats, Hotel, Educational Blocks ( over 10 lac sq ft area) for a University, 1500 seated auditorium,300 bedded Hospital, 100 tpd paper mill, commercial buildings, shopping mall, Police stations, Auto show rooms, School, Boiler house, development of residential colonies which includes roads, street lights, sewer/water lines, water tanks, parks etc.
| KPI | Values |
|---|---|
| RoNW | 25.74% |
The Company AGI Infra IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Project for construction of 215 Residential Flats in our on-going Group Housing Project – “Jalandhar Heights” in Punjab (i.e. Towers J, K, L, M & N) | 62.34 |
| 2 | Repayment of Loans | 3.99 |
| 3 | Issue Expenses | 0.53 |
[Dilip Davda] <p>This SME offer is with entry barriers and the low preference for SME IPOs by the broking community at large. However, investors with surplus funds may invest at their own discretion for long term, bearing in mind that stock market investments are linked to market risks. The author has no plans to invest in this IPO.</p> Read detail review...
| Listing Date | March 27, 2015 |
| BSE Script Code | 539042 |
| NSE Symbol | AGIIL |
| ISIN | INE976R01017 |
| Final Issue Price | ₹54 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹54.00 |
| Open | ₹54.40 |
| Low | ₹54.05 |
| High | ₹54.75 |
| Last Trade | ₹54.65 |
AGI Infra Ltd.
Jalandhar Heights, 66 FT Road,
Village Pholriwal, Near Urban Estate,
Phase II, Jalandhar, Punjab - 144001
Jalandhar, Punjab
Phone: +91 - 181 - 2681986
Email: info@agiinfra.com
Website: http://www.agiinfra.com
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
AGI Infra IPO is a SME IPO of 27,76,000 equity shares of the face value of ₹10 aggregating up to ₹14.99 Crores. The issue is priced at ₹54 per share. The minimum order quantity is 2000.
The IPO opens on March 10, 2015, and closes on March 13, 2015.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in AGI Infra IPO using UPI as a payment gateway. Zerodha customers can apply in AGI Infra IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in AGI Infra IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The AGI Infra IPO opens on March 10, 2015 and closes on March 13, 2015.
AGI Infra IPO lot size is 2000, and the minimum amount required for application is ₹1,08,000.
You can apply in AGI Infra IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for AGI Infra IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the AGI Infra IPO allotment status.
The AGI Infra IPO listing date is on Friday, March 27, 2015.
Useful Articles
RHP