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Shiva Granito Export IPO is a fixed price issue of ₹5.04 crores. The issue is entirely a fresh issue of 0.42 crore shares of ₹5.04 crore.
Shiva Granito Export IPO bidding started from Aug 23, 2016 and ended on Aug 29, 2016. The shares got listed on BSE SME on Sep 6, 2016.
Shiva Granito Export IPO price is ₹12.00 per share . The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (10000 shares). The minimum lot size investment for HNI is 2 lots (20,000 shares), amounting to ₹2,40,000.
Pantomath 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 Rikhav Securities Ltd..
Refer to Shiva Granito Export IPO RHP for detailed Information.
| IPO Date | August 23, 2016 to August 29, 2016 |
| Listing Date | September 6, 2016 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹12 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 42,00,000 shares (aggregating up to ₹5.04 Cr) |
| Reserved for Market Maker | 2,20,000 shares Rikhav Securities Ltd. (aggregating up to ₹0.2640 Cr) |
| Net Offered to Public | 39,80,000 shares (aggregating up to ₹4.78 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 90,15,050 shares |
| Share Holding Post Issue | 1,32,15,050 shares |
Shiva Granito IPO offers total 42,00,000 shares. Out of which 19,90,000 (47.38%) allocated to NII, 19,90,000 (47.38%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,20,000 (5.24%) |
| NII (HNI) Shares Offered | 19,90,000 (47.38%) |
| Retail Shares Offered | 19,90,000 (47.38%) |
| Total Shares Offered | 42,00,000 (100.00%) |
Shiva Granito Export IPO opens on August 23, 2016, and closes on August 29, 2016.
| IPO Open Date | Tue, Aug 23, 2016 |
| IPO Close Date | Mon, Aug 29, 2016 |
| Tentative Listing Date | Tue, Sep 6, 2016 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Aug 29, 2016 |
Investors can bid for a minimum of 10,000 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 | 10,000 | ₹1,20,000 |
| Retail (Max) | 1 | 10,000 | ₹1,20,000 |
| HNI (Min) | 2 | 20,000 | ₹2,40,000 |
Incorporated in 2007, Shiva Granito Export Ltd is engaged in import and export of decorative stones, minerals and chemicals. .Information in this paragraph is taken from chittorgarh.com, India's No. 1 IPO Investment PortalCompany manufactures quartz stone slabs, various grades of resins, quartz stone powder, and god and goddess statues/deities.
The Company operates a resin manufacturing unit with an annual capacity of approximately 1900 metric tons (MT) of different grades, such as polyethylene terephthalate (PET), general purpose and marble grade. They also operates a quartz slab manufacturing unit with an annual capacity of over 1.5 million square feet for manufacturing quartz slab of different colors and sizes. Discuss this IPO on Chittorgarh.com, the most active IPO discussion forum.. It offers a range of quartz stone slabs, which include galaxy series and fine series in various colors; earth series, and premium series, which it designs to incorporate the marble design in the quartz surfaces. The Company also has an automated quartz powder manufacturing unit with an annual capacity of approximately 4500 MT of different mesh sizes.
The Company Shiva Granito Export 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 | Working Capital Requirement | 4.14 |
| 2 | General Corporate Purpose | 0.50 |
[Dilip Davda] Promoters have taken major chunk at the same price expressing their confidence for future prospects. Current performance does not match the asking price. However, cash surplus risk savvy investors may consider it for long term investment; other may give it a miss. Read detail review...
| Listing Date | September 6, 2016 |
| BSE Script Code | 540072 |
| NSE Symbol | |
| ISIN | INE191V01015 |
| Final Issue Price | ₹12 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹12.00 |
| Open | ₹13.95 |
| Low | ₹11.45 |
| High | ₹14.40 |
| Last Trade | ₹12.03 |
Shiva Granito Export Ltd.
8,
Bhatt ji
Ki Baari,
Udaipur, Rajasthan, 313001
Phone: 0294 2427577
Email: cs@shivaexport.in
Website: http://www.shivaexport.in
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Shiva Granito Export IPO is a SME IPO of 42,00,000 equity shares of the face value of ₹10 aggregating up to ₹5.04 Crores. The issue is priced at ₹12 per share. The minimum order quantity is 10000.
The IPO opens on August 23, 2016, and closes on August 29, 2016.
Bigshare 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 Shiva Granito Export IPO using UPI as a payment gateway. Zerodha customers can apply in Shiva Granito Export IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shiva Granito Export IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shiva Granito Export IPO opens on August 23, 2016 and closes on August 29, 2016.
Shiva Granito Export IPO lot size is 10000, and the minimum amount required for application is ₹1,20,000.
You can apply in Shiva Granito Export 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 Shiva Granito Export IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Shiva Granito Export IPO allotment status.
The Shiva Granito Export IPO listing date is on Tuesday, September 6, 2016.
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