Fixed Price IPO | ₹1 Cr | Listed at BSE SME | Thu, Nov 15, 2018 - Thu, Nov 22, 2018
Shree Krishna Infrastructure IPO is a fixed price issue of ₹1.17 crores. The issue is entirely an offer for sale of 0.09 crore shares of ₹1.17 crore.
Shree Krishna Infrastructure IPO bidding started from Nov 15, 2018 and ended on Nov 22, 2018. The shares got listed on BSE SME on Dec 3, 2018.
Shree Krishna Infrastructure IPO price is ₹13 per share. The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,30,000 (10000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (20,000 shares), amounting to ₹2,60,000.
Finshore Management Services Ltd. is the book running lead manager and Satellite Corporate Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Beeline Broking Ltd..
Refer to Shree Krishna Infrastructure IPO RHP for detailed Information.
IPO Open
Thu, Nov 15, 2018
IPO Close
Thu, Nov 22, 2018
Issue Price
₹13 per share
Market Cap (Pre-IPO)
₹3.90 Cr
| IPO Date | 15 to 22 Nov, 2018 |
| Listed on | Mon, Dec 3, 2018 |
| Face Value | ₹10 per share |
| Issue Price | ₹13 per share |
| Lot Size | 10,000 Shares |
| Sale Type | OFS only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 9,00,000 shares (agg. up to ₹1 Cr) |
| Reserved for Market Maker | 50,000 shares Beeline Broking Ltd. (agg. up to ₹0.0650 Cr) |
| Offer for Sale | 8,50,000 shares of ₹10 (agg. up to ₹1 Cr) |
| Net Offered to Public | 8,50,000 shares (agg. up to ₹1 Cr) |
| Share Holding Pre Issue | 30,00,000 shares |
| Share Holding Post Issue | 30,00,000 shares |
| BSE Script Code | 542146 |
| ISIN | INE951Z01013 |
Shree Krishna Infrastructure IPO comprises a total issue size of 9,00,000 shares. The net offer to the public is 8,50,000 shares, after excluding 50,000 shares allotted on a firm basis. Of the Net offer 4,20,000 (49.41%) allocated to NII 4,30,000 (50.59%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 4,20,000 | 49.41% | 46.67% |
| Retail Shares Offered | 4,30,000 | 50.59% | 47.78% |
| Firm Reservations | |||
| Market Maker Shares Offered | 50,000 | 5.56% | |
| Total Shares Offered | 9,00,000 | 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 | ₹1,30,000 |
| Retail (Max) | 1 | 10,000 | ₹1,30,000 |
| HNI (Min) | 2 | 20,000 | ₹2,60,000 |
Incorporated in 1990, Gujarat based Shree Krishna Infrastructure Limited is a company engaged in the business of marketing, development and maintenance of Housing Society and organic farms, leasing of agriculture land for cultivation of crops etc.
The company has started following business activities recently-
1. Trading of perfumed incense sticks.
2. Contract Farming- The company intends to cultivate Tulsi and Nepali Satavari for Amritanjali Ayurved (OPC) Private Limited
3. Project- Agency (Sale, Marketing,) of Navigation Equipment and Maritime consultancy for aids to navigation in the state of Gujarat
4. Distribution Project of E-Vehicles- The company is "Exclusive Distributor" for the state of Gujarat for M/s. Marine Navaids And Solar Auto Private Limited (MNSAPL), a manufacturer of solar operated Auto Vehicles
5. Marketing representation for India for Terra Technologies and services
The company has 9 employees on its payroll.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Shree Krishna Infrastructure IPO is subscribed 2.93 times on November 22, 2018 7:49:03 PM (Day 6). The public issue subscribed 4.49 times in the retail category, [.] times in the QIB category, and 1.33 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.33 | 4,20,000 | 5,60,000 |
| Retail | 4.49 | 4,30,000 | 19,30,000 |
| Total | 2.93 | 8,50,000 | 24,90,000 |
| # | 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, Bankers etc and other out of pocket expenses | 0.15 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹13.00 |
| Open | ₹12.35 |
| Low | ₹12.35 |
| High | ₹12.35 |
| Last Trade | ₹12.35 |
Satellite Corporate Services Pvt.Ltd.
Lead Manager Reports
Shree Krishna Infrastructure IPO is a SME IPO of 9,00,000 equity shares of the face value of ₹10 aggregating up to ₹1 Crores. The issue is priced at ₹13 per share. The minimum order quantity is 10000.
The IPO opens on Thu, Nov 15, 2018, and closes on Thu, Nov 22, 2018.
Satellite Corporate 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 Shree Krishna Infrastructure IPO using UPI as a payment gateway. Zerodha customers can apply in Shree Krishna Infrastructure IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shree Krishna Infrastructure IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shree Krishna Infrastructure IPO opens on Thu, Nov 15, 2018 and closes on Thu, Nov 22, 2018.
Shree Krishna Infrastructure IPO lot size is 10000, and the minimum amount required for application is ₹1,30,000.
You can apply in Shree Krishna Infrastructure 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 Shree Krishna Infrastructure IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Shree Krishna Infrastructure IPO allotment status.
The Shree Krishna Infrastructure IPO listing date is on Mon, Dec 3, 2018.
