Fixed Price IPO | ₹14 Cr | Listed at BSE SME | Wed, Nov 15, 2017 - Fri, Nov 17, 2017
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 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 Open
Wed, Nov 15, 2017
IPO Close
Fri, Nov 17, 2017
Issue Price
₹43 per share
Market Cap (Pre-IPO)
₹46.55 Cr
| IPO Date | 15 to 17 Nov, 2017 |
| Listed on | Mon, Nov 27, 2017 |
| Face Value | ₹10 per share |
| Issue Price | ₹43 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 32,25,000 shares (agg. up to ₹14 Cr) |
| Reserved for Market Maker | 1,65,000 shares Beeline Broking Ltd. (agg. up to ₹0.7095 Cr) |
| Fresh Issue (Ex Market Maker) | 30,60,000 shares (agg. up to ₹13 Cr) |
| Net Offered to Public | 30,60,000 shares (agg. up to ₹13 Cr) |
| Share Holding Pre Issue | 76,00,000 shares |
| Share Holding Post Issue | 1,08,25,000 shares |
| BSE Script Code | 540786 |
| ISIN | INE669Y01014 |
Sharika Enterprises IPO comprises a total issue size of 32,25,000 shares. The net offer to the public is 30,60,000 shares, after excluding 1,65,000 shares allotted on a firm basis. Of the Net offer 15,30,000 (50.00%) allocated to NII 15,30,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 15,30,000 | 50.00% | 47.44% |
| Retail Shares Offered | 15,30,000 | 50.00% | 47.44% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,65,000 | 5.12% | |
| Total Shares Offered | 32,25,000 | 100.00% | 100.00% |
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
| 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 Working Capital Requirement | 9.91 |
| 2 | Public Issue Expenses | 1.05 |
| 3 | General Corporate Expenses | 2.91 |
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 underwriting and selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, etc | 0.27 |
| 2 | Printing and Stationery and postage expenses | 0.04 |
| 3 | Advertising and Marketing expenses | 0.70 |
| 4 | Statutory expenses | 0.04 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹43.00 |
| Open | ₹51.60 |
| Low | ₹50.15 |
| High | ₹51.60 |
| Last Trade | ₹51.60 |
Lead Manager Reports
Sharika Enterprises IPO is a SME IPO of 32,25,000 equity shares of the face value of ₹10 aggregating up to ₹14 Crores. The issue is priced at ₹43 per share. The minimum order quantity is .
The IPO opens on Wed, Nov 15, 2017, and closes on Fri, Nov 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 Wed, Nov 15, 2017 and closes on Fri, Nov 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 Mon, Nov 27, 2017.
