AGI Infra IPO Details

Fixed Price IPO | ₹15 Cr | Listed at BSE SME | Tue, Mar 10, 2015 - Fri, Mar 13, 2015

AGI Infra IPO Logo

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 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) (based on upper price). The minimum lot size for investment in 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 Open

Tue, Mar 10, 2015

IPO Close

Fri, Mar 13, 2015

Issue Price

₹54 per share

Market Cap (Pre-IPO)

₹55.17 Cr

IPO Details

IPO Date10 to 13 Mar, 2015
Listed onFri, Mar 27, 2015
Face Value10 per share
Issue Price₹54 per share
Lot Size2,000 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtBSE SME

Total Issue Size27,76,000 shares
(agg. up to ₹15 Cr)
Reserved for Market Maker
1,42,000 shares
(agg. up to ₹0.7668 Cr)
Aryaman Capital Markets Ltd.
Fresh Issue
(Ex Market Maker)
26,34,000 shares
(agg. up to ₹14 Cr)
Net Offered to Public26,34,000 shares
(agg. up to ₹14 Cr)
Share Holding Pre Issue74,40,720 shares
Share Holding Post Issue1,02,16,720 shares
BSE Script Code 539042 AGIIL
ISININE976R01017

IPO Timetable

Issue Reservation

AGI Infra IPO comprises a total issue size of 27,76,000 shares. The net offer to the public is 26,34,000 shares, after excluding 1,42,000 shares allotted on a firm basis. Of the Net offer 13,16,000 (49.96%) allocated to NII 13,18,000 (50.04%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 13,16,00049.96%47.41%
Retail Shares Offered 13,18,00050.04%47.48%
Firm Reservations
Market Maker Shares Offered 1,42,0005.12%
Total Shares Offered 27,76,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 2,000 shares and in multiples thereof. 

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
IPO Subscription Details

About AGI Infra Ltd.

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.

Company Financials ()

Period Ended
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
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) 10.47
2 Repayment of Loans 3.99
Total 14.46

Key Performance Indicator (KPI)

KPI
RoNW25.74%
Pre IPOPost IPO
Promoter Holding99.61%72.55%
Market Cap55.17 Cr.
The promoters of the company are:1. Mr. Sukhdev Singh and
2. Mrs. Salwinderjit Kaur

IPO Review

[Dilip Davda]
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.
Read detail review...

AGI Infra IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers0100
Members0000

Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Issue Management fees including fees and reimbursements of Market Making fees, selling commissions, brokerages, and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses 0.37
2 Printing & Stationery, Distribution, Postage, etc 0.03
3 Advertisement & Marketing Expenses 0.03
4 Regulatory & other expenses 0.10

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price54.00
Open54.40
Low54.05
High54.75
Last Trade54.65

Check IPO Performance…

IPO Registrar

Bigshare Services Pvt.Ltd.

Contact Details

AGI Infra Ltd. Address
Jalandhar Heights, 66 FT Road,
Village Pholriwal, Near Urban Estate,
Phase II, Jalandhar, Punjab - 144001
Jalandhar, Punjab
Open an Instant Account with Zerodha

IPO FAQs

AGI Infra IPO is a SME IPO of 27,76,000 equity shares of the face value of ₹10 aggregating up to ₹15 Crores. The issue is priced at ₹54 per share. The minimum order quantity is 2000.

The IPO opens on Tue, Mar 10, 2015, and closes on Fri, Mar 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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'AGI Infra IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The AGI Infra IPO opens on Tue, Mar 10, 2015 and closes on Fri, Mar 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 Fri, Mar 27, 2015.

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