Fixed Price IPO | ₹5 Cr | Listed at NSE SME | Tue, Sep 15, 2015 - Fri, Sep 18, 2015
Shaival Reality IPO is a fixed price issue of ₹5.28 crores. The issue is entirely a fresh issue of 0.05 crore shares of ₹5.28 crore.
Shaival Reality IPO bidding started from Sep 15, 2015 and ended on Sep 18, 2015. The shares got listed on NSE SME on Oct 1, 2015.
Shaival Reality IPO price is ₹100 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,40,000.
Sarthi Capital Advisors Pvt.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 Choice Equity Broking Pvt.Ltd..
Refer to Shaival Reality IPO RHP for detailed Information.
IPO Open
Tue, Sep 15, 2015
IPO Close
Fri, Sep 18, 2015
Issue Price
₹100 per share
Market Cap (Pre-IPO)
₹19.29 Cr
| IPO Date | 15 to 18 Sep, 2015 |
| Listed on | Thu, Oct 1, 2015 |
| Face Value | ₹10 per share |
| Issue Price | ₹100 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 5,28,000 shares (agg. up to ₹5 Cr) |
| Reserved for Market Maker | 26,400 shares Choice Equity Broking Pvt.Ltd. (agg. up to ₹0.2640 Cr) |
| Fresh Issue (Ex Market Maker) | 5,01,600 shares (agg. up to ₹5 Cr) |
| Net Offered to Public | 5,01,600 shares (agg. up to ₹5 Cr) |
| Share Holding Pre Issue | 14,01,000 shares |
| Share Holding Post Issue | 19,29,000 shares |
| NSE Symbol | SHAIVAL |
| ISIN | INE262S01010 |
Shaival Reality IPO comprises a total issue size of 5,28,000 shares. The net offer to the public is 5,01,600 shares, after excluding 26,400 shares allotted on a firm basis. Of the Net offer 2,50,800 (50.00%) allocated to NII 2,50,800 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 2,50,800 | 50.00% | 47.50% |
| Retail Shares Offered | 2,50,800 | 50.00% | 47.50% |
| Firm Reservations | |||
| Market Maker Shares Offered | 26,400 | 5.00% | |
| Total Shares Offered | 5,28,000 | 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 | ₹1,20,000 |
| Retail (Max) | 1 | 1,200 | ₹1,20,000 |
| HNI (Min) | 2 | 2,400 | ₹2,40,000 |
Incorporated in 1996, Shaival Reality Limited is Ahmedabad, Gujarat based company primarily engaged in providing logistic services for transportation of bulk LPG & Ammonia.
Shaival Reality is also engaged in construction business which caters, precast construction of housing projects awarded to us by the Government and private sector.
1. Transportation Services
Company operate in bulk LPG Transportation, in which we load the LPG, Ammonia from client location and unload to specified plant or at required places. company own 114 numbers of LPG tankers. Company's clients include Reliance, HPCL, BPCL, IOC, Gujarat State Fertilizer & Chemical Limited (GSFC), Sabero Organics Limited, Jublient Organics Limited, Maharashtra Polybuten Limited and LPG Infrastructure (India) Limited.
2. Construction Services
Company provide precast construction of housing and buildings for Government and private sector projects. Precast concrete is a construction product produced by casting concrete in a reusable mold which is then cured in a controlled environment, transported to the construction site and lifted into place. Most Indian realty majors are adopting precast technology because of advantages like quality, speed of construction, and a value-for-money product. It also helps to avoid labour shortage and time delays. The use of such technology helps in saving up to 64% of the time taken in traditional construction
Company have constructed 320 dwelling units in Anand District and 324 dwelling units in Dahod.
| 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 the working capital requirements of the Company | 4.88 |
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.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Market Makers, Bankers etc. | 0.35 |
| 2 | Regulatory fees & Other Expenses | 0.05 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹100.00 |
| Open | ₹100.50 |
| Low | ₹100.50 |
| High | ₹100.50 |
| Last Trade | ₹100.50 |
Lead Manager Reports
Shaival Reality IPO is a SME IPO of 5,28,000 equity shares of the face value of ₹10 aggregating up to ₹5 Crores. The issue is priced at ₹100 per share. The minimum order quantity is 1200.
The IPO opens on Tue, Sep 15, 2015, and closes on Fri, Sep 18, 2015.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Shaival Reality IPO using UPI as a payment gateway. Zerodha customers can apply in Shaival Reality IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shaival Reality IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shaival Reality IPO opens on Tue, Sep 15, 2015 and closes on Fri, Sep 18, 2015.
Shaival Reality IPO lot size is 1200, and the minimum amount required for application is ₹1,20,000.
You can apply in Shaival Reality 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 Shaival Reality IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Shaival Reality IPO allotment status.
The Shaival Reality IPO listing date is on Thu, Oct 1, 2015.
