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SBL Infratech IPO is a fixed price issue of ₹2.49 crores. The issue is entirely a fresh issue of 0.02 crore shares of ₹2.49 crore.
SBL Infratech IPO bidding started from Sep 16, 2021 and ended on Sep 20, 2021. The shares got listed on BSE SME on Sep 28, 2021.
SBL Infratech IPO price is ₹111.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹1,33,200 (1200 shares). The minimum lot size investment for HNI is 2 lots (2,400 shares), amounting to ₹2,66,400.
Fast Track Finsec Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Nikunj Stock Brokers Ltd..
Refer to SBL Infratech IPO RHP for detailed Information.
| IPO Date | September 16, 2021 to September 20, 2021 |
| Listing Date | September 28, 2021 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹111 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 2,24,400 shares (aggregating up to ₹2.49 Cr) |
| Reserved for Market Maker | 21,600 shares Nikunj Stock Brokers Ltd. (aggregating up to ₹0.2398 Cr) |
| Net Offered to Public | 2,02,800 shares (aggregating up to ₹2.25 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 5,97,670 shares |
| Share Holding Post Issue | 8,11,270 shares |
SBL Infratech Limited IPO offers total 2,24,400 shares. Out of which 1,01,400 (45.19%) allocated to NII, 1,01,400 (45.19%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 21,600 (9.63%) |
| NII (HNI) Shares Offered | 1,01,400 (45.19%) |
| Retail Shares Offered | 1,01,400 (45.19%) |
| Total Shares Offered | 2,24,400 (100.00%) |
SBL Infratech IPO opens on September 16, 2021, and closes on September 20, 2021.
| IPO Open Date | Thu, Sep 16, 2021 |
| IPO Close Date | Mon, Sep 20, 2021 |
| Tentative Listing Date | Tue, Sep 28, 2021 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Sep 20, 2021 |
Investors can bid for a minimum of 1,200 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 | 1,200 | ₹1,33,200 |
| Retail (Max) | 1 | 1,200 | ₹1,33,200 |
| HNI (Min) | 2 | 2,400 | ₹2,66,400 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2015, SBL Infratech is mainly engaged in the business of real estate brokerage, selling plots of land, and developing and selling affordable housing. The company has a vision to grow into one of the most trusted brand names in Real Estate sector.
SBL Infratech's business operations includes all activities related to real estate development, starting from identification and acquisition of land till through the planning, execution, and sales of their developed projects. The company has successfully launched & executed projects like Shubh Niwas and DayalVihar in Neemrana, Rajasthan.
Competitive strengths:
| Particulars | For the year/period ended (₹ in Lakhs) | ||||
|---|---|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | ||
| Total Assets | 281.10 | 68.18 | 67.27 | 32.13 | |
| Total Revenue | 40.42 | 148.67 | 19.7 | 18.54 | |
| Profit After Tax | 1.68 | 10.66 | 0.38 | 0.22 | |
The Company SBL Infratech 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 | To meet out the Working Capital requirements of the Company | 1.30 |
| 2 | To meet out the General Corporate Purposes | 0.55 |
[Dilip Davda] A company with lacklustre financial data operating in a highly competitive and fragmented market. Its issue announcement itself lacked on transparency on the IPO pricing part. Please refer to Preface for this aspect. Based on its financial data and other parameters, the issue is exorbitantly priced. Just avoid this issue as it will have just Rs. 0.81 cr. paid up equity post IPO, indicating at pretty long duration for migration to mainboard. Read detail review...
| Listing Date | September 28, 2021 |
| BSE Script Code | 543366 |
| NSE Symbol | |
| ISIN | INE0DLM01024 |
| Final Issue Price | ₹111 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹111.00 |
| Open | ₹130.00 |
| Low | ₹125.00 |
| High | ₹130.00 |
| Last Trade | ₹125.00 |
SBL Infratech Ltd.
Plot No.44, Block B-10, Second Floor
Sector-13,
Dwarka
New Delhi, New Delhi, 110070
Phone: +91-9873732329
Email: cs@sblinfra.com
Website: https://sblinfra.com/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
SBL Infratech IPO is a SME IPO of 2,24,400 equity shares of the face value of ₹10 aggregating up to ₹2.49 Crores. The issue is priced at ₹111 per share. The minimum order quantity is 1200.
The IPO opens on September 16, 2021, and closes on September 20, 2021.
Skyline Financial 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 SBL Infratech IPO using UPI as a payment gateway. Zerodha customers can apply in SBL Infratech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in SBL Infratech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The SBL Infratech IPO opens on September 16, 2021 and closes on September 20, 2021.
SBL Infratech IPO lot size is 1200, and the minimum amount required for application is ₹1,33,200.
You can apply in SBL Infratech 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 SBL Infratech IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the SBL Infratech IPO allotment status.
The SBL Infratech IPO listing date is on Tuesday, September 28, 2021.
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