Shri Krishna Prasadam IPO Details

Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Tue, Mar 11, 2014 - Fri, Mar 14, 2014

Shri Krishna Prasadam IPO Logo

Shri Krishna Prasadam IPO is a fixed price issue of ₹2.16 crores. The issue is entirely a fresh issue of 0.22 crore shares of ₹2.16 crore.

Shri Krishna Prasadam IPO bidding started from Mar 11, 2014 and ended on Mar 14, 2014. The shares got listed on BSE SME on Mar 28, 2014.

Shri Krishna Prasadam IPO price is ₹10 per share. The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,00,000 (10000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (30,000 shares), amounting to ₹3,00,000.

Sobhagya Capital Options Pvt.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 Amrapali Aadya Trading & Investments Pvt.Ltd..

Refer to Shri Krishna Prasadam IPO RHP for detailed Information.

IPO Open

Tue, Mar 11, 2014

IPO Close

Fri, Mar 14, 2014

Issue Price

₹10 per share

Market Cap (Pre-IPO)

₹4.87 Cr

IPO Details

IPO Date11 to 14 Mar, 2014
Listed onFri, Mar 28, 2014
Face Value10 per share
Issue Price₹10 per share
Lot Size10,000 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtBSE SME

Total Issue Size21,60,000 shares
(agg. up to ₹2 Cr)
Reserved for Market Maker
1,10,000 shares
(agg. up to ₹0.1100 Cr)
Amrapali Aadya Trading & Investments Pvt.Ltd.
Reserved for Private Promoter4,00,000 shares
(agg. up to ₹0.4000 Cr)
Fresh Issue
(Ex Market Maker)
16,50,000 shares
(agg. up to ₹2 Cr)
Net Offered to Public16,50,000 shares
(agg. up to ₹2 Cr)
Share Holding Pre Issue27,07,190 shares
Share Holding Post Issue48,67,190 shares
BSE Script Code 537954
ISININE009Q01019

IPO Timetable

Issue Reservation

Shri Krishna Prasadam IPO comprises a total issue size of 17,60,000 shares. The net offer to the public is 12,50,000 shares, after excluding 5,10,000 shares allotted on a firm basis. Of the Net offer 8,20,000 (49.70%) allocated to NII 8,30,000 (50.30%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 8,20,00049.70%46.59%
Retail Shares Offered 8,30,00050.30%47.16%
Firm Reservations
Market Maker Shares Offered 1,10,0006.25%
Private Promoter Shares Offered 4,00,00022.73%
Total Shares Offered 17,60,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 10,000 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 10,000 ₹1,00,000
Retail (Max) 2 20,000 ₹2,00,000
HNI (Min) 3 30,000 ₹3,00,000
IPO Subscription Details

About Shri Krishna Prasadam Ltd.

Incorporated in 2009, Shri Krishna Prasadam Ltd is engaged in the business of manufacturing, exporting and supplying gemstones, stone jewelry, rudraksha beads, Shivlings, Shri Yantras, Sphatic Ganesha, Rudraksh Pendant, Rudraksh Mala etc.

Due to hike in Gold import duly leading to sluggish trends in business, the company mulls to diversify in the business of real estate, consultancy services and agricultural activities.

Company Financials ()

Period Ended
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 To raise funds for additional long-term working capital for the business of Trading of Agricultural Products 1.86
2 To meet the expenses of the issue 0.30

Key Performance Indicator (KPI)

KPI
RoNW5.36%
Pre IPOPost IPO
Promoter Holding33.3%26.74%
Market Cap4.87 Cr.
The following are the Promoters of the Company:1. Mr. Kulbhushan Parashar,
2. Mrs. Harpreet Parashar,
3. Kulbhushan Parashar HUF, and
4. KPCorp Consultants Private Limited.

IPO Review

[Dilip Davda]
Offer is Not worth despite at par with entry barrier.
Read detail review...

Shri Krishna Prasadam IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers0002
Members0000

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.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Payment to Merchant Banker, market making fees, selling commissions, Underwriting, SCSB commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers, etc. and other out of pocket expenses 0.20
2 Advertisement and Marketing expenses 0.03
3 Printing and Stationery (including courier and transportation charges) 0.04
4 Others (Processing fees, listing fee, Corporate Action charges etc) 0.03

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price10.00
Open11.90
Low11.90
High12.45
Last Trade12.45

Check IPO Performance…

IPO Registrar

Skyline Financial Services Pvt.Ltd.

Contact Details

Shri Krishna Prasadam Ltd. Address
27/5,
(Basement),
East Patel Nagar,
New Delhi, New Delhi, 110008
Open an Instant Account with Zerodha

IPO FAQs

Shri Krishna Prasadam IPO is a SME IPO of 21,60,000 equity shares of the face value of ₹10 aggregating up to ₹2 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000.

The IPO opens on Tue, Mar 11, 2014, and closes on Fri, Mar 14, 2014.

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 Shri Krishna Prasadam IPO using UPI as a payment gateway. Zerodha customers can apply in Shri Krishna Prasadam IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Shri Krishna Prasadam IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Shri Krishna Prasadam IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Shri Krishna Prasadam IPO opens on Tue, Mar 11, 2014 and closes on Fri, Mar 14, 2014.

Shri Krishna Prasadam IPO lot size is 10000, and the minimum amount required for application is ₹1,00,000.

You can apply in Shri Krishna Prasadam 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 Shri Krishna Prasadam IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Shri Krishna Prasadam IPO allotment status.

The Shri Krishna Prasadam IPO listing date is on Fri, Mar 28, 2014.

Compare: