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Shriram EPC IPO is a book build issue of ₹150.00 crores. The issue is entirely a fresh issue of 0.50 crore shares of ₹150.00 crore.
Shriram EPC IPO bidding started from Jan 29, 2008 and ended on Feb 1, 2008. The shares got listed on BSE, NSE on Feb 20, 2008.
Shriram EPC IPO price band is set at ₹300.00 per share . The lot size for an application is 20. The minimum amount of investment required by an retail is ₹5,800 (20 shares). The lot size investment for sNII is 34 lots (680 shares), amounting to ₹2,04,000, and for bNII, it is 167 lots (3,340 shares), amounting to ₹10,02,000.
ICICI Securities Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue.
Refer to Shriram EPC IPO RHP for detailed Information.
| IPO Date | January 29, 2008 to February 1, 2008 |
| Listing Date | February 20, 2008 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹290 to ₹330 per share |
| Issue Price Final | ₹300 per share |
| Lot Size | 20 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 50,00,000 shares (aggregating up to ₹150.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 3,78,67,790 shares |
| Share Holding Post Issue | 4,28,67,790 shares |
Shriram EPC IPO offers total 50,00,000 shares. Out of which 30,00,000 (60.00%) allocated to QIB, 5,00,000 (10.00%) allocated to NII, 15,00,000 (30.00%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 30,00,000 (60.00%) | NA |
| NII (HNI) Shares Offered | 5,00,000 (10.00%) | NA |
| Retail Shares Offered | 15,00,000 (30.00%) | 75,000 |
| Total Shares Offered | 50,00,000 (100.00%) |
Shriram EPC IPO opens on January 29, 2008, and closes on February 1, 2008.
| IPO Open Date | Tue, Jan 29, 2008 |
| IPO Close Date | Fri, Feb 1, 2008 |
| Tentative Listing Date | Wed, Feb 20, 2008 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Feb 1, 2008 |
Investors can bid for a minimum of 20 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 | 20 | ₹6,000 |
| Retail (Max) | 33 | 660 | ₹1,98,000 |
| S-HNI (Min) | 34 | 680 | ₹2,04,000 |
| S-HNI (Max) | 166 | 3,320 | ₹9,96,000 |
| B-HNI (Min) | 167 | 3,340 | ₹10,02,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2000, Shriram EPC Limited is a service provider of integrated design, engineering, procurement, construction and project management services for renewable energy projects, process and metallurgical plants and municipal services sector projects and one of India's leading 250KW wind turbine generator ('WTG') manufacturers.
Company's engineering, procurement and construction business is focused on providing integrated turnkey solutions for biomass-based power plants, bio-ethanol production plants, process and metallurgy plants (including thermal power plants), water and wastewater treatment plants, water and sewer infrastructure and pipe rehabilitation. Their WTG business has been focused on developing, manufacturing, erecting and commissioning 250KW WTG, and is currently developing megawatt-class WTGs.
Shriram businesses are categorized into two segments:
1. Engineering, procurement and construction (“EPC”) projects and development, sale and maintenance of WTGs.
2. EPC business which focuses on renewable energy, process and metallurgy and municipal services projects.
They have completed wind energy projects for WTG business throughout India, particularly south India, and internationally in Zambia and France & EPC project across 16 states in India.
| KPI | Values |
|---|---|
| RoNW | 8.25% |
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Investment in subsidiary and Associate Companies;
2. Meet general corporate purposes;
3. Meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges.
| Listing Date | February 20, 2008 |
| BSE Script Code | 532945 |
| NSE Symbol | SEPC |
| ISIN | INE964H01014 |
| Final Issue Price | ₹300 per share |
| BSE Listing Group | B1 |
Shriram EPC Ltd.
No. 5, T.V.Street,
Chetput,
Chennai, Tamil Nadu, 600031
Phone: + 91-44-2836 1817
Email: Investors@shriramepc.com
Website: http://www.shriramepc.com
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: shriramepc@cameoindia.com
Website: https://ipo.cameoindia.com/
Shriram EPC IPO is a main-board IPO of 50,00,000 equity shares of the face value of ₹10 aggregating up to ₹150.00 Crores. The issue is priced at ₹300 per share. The minimum order quantity is 20.
The IPO opens on January 29, 2008, and closes on February 1, 2008.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Shriram EPC IPO using UPI as a payment gateway. Zerodha customers can apply in Shriram EPC IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shriram EPC IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shriram EPC IPO opens on January 29, 2008 and closes on February 1, 2008.
Shriram EPC IPO lot size is 20, and the minimum amount required for application is ₹6,000.
You can apply in Shriram EPC 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 Shriram EPC IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Shriram EPC IPO allotment status.
The Shriram EPC IPO listing date is on Wednesday, February 20, 2008.
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