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Sharika Enterprises IPO is a fixed price issue of ₹13.87 crores. The issue is entirely a fresh issue of 0.32 crore shares of ₹13.87 crore.
Sharika Enterprises IPO bidding started from Nov 15, 2017 and ended on Nov 17, 2017. The shares got listed on BSE SME on Nov 27, 2017.
Sharika Enterprises IPO price is ₹43.00 per share .
Swastika Investmart 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 Beeline Broking Ltd..
Refer to Sharika Enterprises IPO RHP for detailed Information.
| IPO Date | November 15, 2017 to November 17, 2017 |
| Listing Date | November 27, 2017 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹43 per share |
| Lot Size | |
| Sale Type | Fresh Capital |
| Total Issue Size | 32,25,000 shares (aggregating up to ₹13.87 Cr) |
| Reserved for Market Maker | 1,65,000 shares Beeline Broking Ltd. (aggregating up to ₹0.7095 Cr) |
| Net Offered to Public | 30,60,000 shares (aggregating up to ₹13.16 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 76,00,000 shares |
| Share Holding Post Issue | 1,08,25,000 shares |
Sharika Enterprises IPO offers total 32,25,000 shares. Out of which 15,30,000 (47.44%) allocated to NII, 15,30,000 (47.44%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,65,000 (5.12%) |
| NII (HNI) Shares Offered | 15,30,000 (47.44%) |
| Retail Shares Offered | 15,30,000 (47.44%) |
| Total Shares Offered | 32,25,000 (100.00%) |
Sharika Enterprises IPO opens on November 15, 2017, and closes on November 17, 2017.
| IPO Open Date | Wed, Nov 15, 2017 |
| IPO Close Date | Fri, Nov 17, 2017 |
| Tentative Listing Date | Mon, Nov 27, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Nov 17, 2017 |
Incorporated in 1998, Sharika Enterprises is engaged in Engineering Procurement Construction (EPC) contracts, specialized assembling, trading activities, Erection Services, representation services to majorly power Generation, Transmission and Distribution sector.
Sharika Enterprises project portfolio also include installing power transmission EHV cables, designing & installing EMS (Energy Management System) and allied distribution automation Equipments such as Autoreclosers, fault passage indicators (FPI) etc., designing and installing of Solar Power Generation plants.
Sharika Enterprises is based out of Noida and have assembling unit in Jammu and Noida.
Services provided by Sharika Enterprises
1. Engineering Procurement Constructions (EPC)
2. Representative Services
3. Other consultancy Services
The Company Sharika Enterprises 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 Working Capital Requirement | 9.91 |
| 2 | Public Issue Expenses | 1.05 |
| 3 | General Corporate Expenses | 2.91 |
[Dilip Davda] Investment may be considered for medium to long term. (Subscribe). Read detail review...
| Listing Date | November 27, 2017 |
| BSE Script Code | 540786 |
| NSE Symbol | |
| ISIN | INE669Y01014 |
| Final Issue Price | ₹43 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹43.00 |
| Open | ₹51.60 |
| Low | ₹50.15 |
| High | ₹51.60 |
| Last Trade | ₹51.60 |
Sharika Enterprises Ltd.
B-124,
Sector-67,
Gautam Budh Nagar,
Noida, Uttar Pradesh, 201301
Phone: +91-120-2593900
Email: cs@sharikaindia.com
Website: http://www.sharikaindia.com/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: virenr@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Sharika Enterprises IPO is a SME IPO of 32,25,000 equity shares of the face value of ₹10 aggregating up to ₹13.87 Crores. The issue is priced at ₹43 per share. The minimum order quantity is .
The IPO opens on November 15, 2017, and closes on November 17, 2017.
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 Sharika Enterprises IPO using UPI as a payment gateway. Zerodha customers can apply in Sharika Enterprises IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sharika Enterprises IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sharika Enterprises IPO opens on November 15, 2017 and closes on November 17, 2017.
Sharika Enterprises IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Sharika Enterprises 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 Sharika Enterprises IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Sharika Enterprises IPO allotment status.
The Sharika Enterprises IPO listing date is on Monday, November 27, 2017.
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