Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Thu, Sep 16, 2021 - Mon, Sep 20, 2021
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Thu, Sep 16, 2021
IPO Close
Mon, Sep 20, 2021
Issue Price
₹111 per share
Market Cap (Pre-IPO)
₹9.01 Cr
| IPO Date | 16 to 20 Sep, 2021 |
| Listed on | Tue, Sep 28, 2021 |
| Face Value | ₹10 per share |
| Issue Price | ₹111 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 2,24,400 shares (agg. up to ₹2 Cr) |
| Reserved for Market Maker | 21,600 shares Nikunj Stock Brokers Ltd. (agg. up to ₹0.2398 Cr) |
| Fresh Issue (Ex Market Maker) | 2,02,800 shares (agg. up to ₹2 Cr) |
| Net Offered to Public | 2,02,800 shares (agg. up to ₹2 Cr) |
| Share Holding Pre Issue | 5,97,670 shares |
| Share Holding Post Issue | 8,11,270 shares |
| BSE Script Code | 543366 |
| ISIN | INE0DLM01024 |
SBL Infratech IPO comprises a total issue size of 2,24,400 shares. The net offer to the public is 2,02,800 shares, after excluding 21,600 shares allotted on a firm basis. Of the Net offer 1,01,400 (50.00%) allocated to NII 1,01,400 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 1,01,400 | 50.00% | 45.19% |
| Retail Shares Offered | 1,01,400 | 50.00% | 45.19% |
| Firm Reservations | |||
| Market Maker Shares Offered | 21,600 | 9.63% | |
| Total Shares Offered | 2,24,400 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,200 shares and in multiples thereof.
| 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 |
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:
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet out the Working Capital requirements of the Company | 1.30 |
| 2 | To meet out the General Corporate Purposes | 0.55 |
The SBL Infratech Limited IPO is subscribed 1.56 times on September 20, 2021 6:53:00 AM (Day 3). The public issue subscribed 2.37 times in the retail category, [.] times in the QIB category, and 0.76 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 0.76 | 1,01,400 | 76,800 |
| Retail | 2.37 | 1,01,400 | 2,40,000 |
| Total | 1.56 | 2,02,800 | 3,16,800 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead manager(s) fees including underwriting commission. | 0.15 |
| 2 | Brokerage, selling commission and upload fees. | |
| 3 | Registrars to the Issue | 0.01 |
| 4 | Legal Advisors | 0.01 |
| 5 | Advertising and marketing expenses | 0.03 |
| 6 | Regulators including stock exchanges | 0.02 |
| 7 | Printing and distribution of issue stationery | 0.00 |
| 8 | Others, if any (to be specified). Advisor to Issue, Peer Review Auditor & Statutory Auditor & other misc. expenses | 0.31 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹111.00 |
| Open | ₹130.00 |
| Low | ₹125.00 |
| High | ₹130.00 |
| Last Trade | ₹125.00 |
Lead Manager Reports
SBL Infratech IPO is a SME IPO of 2,24,400 equity shares of the face value of ₹10 aggregating up to ₹2 Crores. The issue is priced at ₹111 per share. The minimum order quantity is 1200.
The IPO opens on Thu, Sep 16, 2021, and closes on Mon, Sep 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 Thu, Sep 16, 2021 and closes on Mon, Sep 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 Tue, Sep 28, 2021.
