Fixed Price IPO | ₹5 Cr | Listed at BSE SME | Tue, Aug 23, 2016 - Mon, Aug 29, 2016
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Tue, Aug 23, 2016
IPO Close
Mon, Aug 29, 2016
Issue Price
₹12 per share
Market Cap (Pre-IPO)
₹15.86 Cr
| IPO Date | 23 to 29 Aug, 2016 |
| Listed on | Tue, Sep 6, 2016 |
| Face Value | ₹10 per share |
| Issue Price | ₹12 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 42,00,000 shares (agg. up to ₹5 Cr) |
| Reserved for Market Maker | 2,20,000 shares Rikhav Securities Ltd. (agg. up to ₹0.2640 Cr) |
| Fresh Issue (Ex Market Maker) | 39,80,000 shares (agg. up to ₹5 Cr) |
| Net Offered to Public | 39,80,000 shares (agg. up to ₹5 Cr) |
| Share Holding Pre Issue | 90,15,050 shares |
| Share Holding Post Issue | 1,32,15,050 shares |
| BSE Script Code | 540072 |
| ISIN | INE191V01015 |
Shiva Granito Export IPO comprises a total issue size of 42,00,000 shares. The net offer to the public is 39,80,000 shares, after excluding 2,20,000 shares allotted on a firm basis. Of the Net offer 19,90,000 (50.00%) allocated to NII 19,90,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 19,90,000 | 50.00% | 47.38% |
| Retail Shares Offered | 19,90,000 | 50.00% | 47.38% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,20,000 | 5.24% | |
| Total Shares Offered | 42,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 10,000 shares and in multiples thereof.
| 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.
| 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 | Working Capital Requirement | 4.14 |
| 2 | General Corporate Purpose | 0.50 |
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, Bankers etc. | 0.39 |
| 2 | Regulatory fees | 0.02 |
| 3 | Marketing and Other Expenses | 0.02 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹12.00 |
| Open | ₹13.95 |
| Low | ₹11.45 |
| High | ₹14.40 |
| Last Trade | ₹12.03 |
Lead Manager Reports
Shiva Granito Export IPO is a SME IPO of 42,00,000 equity shares of the face value of ₹10 aggregating up to ₹5 Crores. The issue is priced at ₹12 per share. The minimum order quantity is 10000.
The IPO opens on Tue, Aug 23, 2016, and closes on Mon, Aug 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 Tue, Aug 23, 2016 and closes on Mon, Aug 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 Tue, Sep 6, 2016.
