Bookbuilding IPO | ₹150 Cr | Listed at BSE, NSE | Tue, Jan 29, 2008 - Fri, Feb 1, 2008
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 per share. The lot size for an application is 20. The minimum amount of investment required by an retail is ₹6,600 (20 shares) (based on upper price). 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 Open
Tue, Jan 29, 2008
IPO Close
Fri, Feb 1, 2008
Issue Price
₹300 per share
Market Cap (Pre-IPO)
₹1,286.03 Cr
| IPO Date | 29 Jan to 1 Feb, 2008 |
| Listed on | Wed, Feb 20, 2008 |
| Face Value | ₹10 per share |
| Price Band | ₹290 to ₹330 |
| Issue Price | ₹300 per share |
| Lot Size | 20 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 50,00,000 shares (agg. up to ₹150 Cr) |
| Fresh Issue | 50,00,000 shares (agg. up to ₹150 Cr) |
| Share Holding Pre Issue | 3,78,67,790 shares |
| Share Holding Post Issue | 4,28,67,790 shares |
| BSE Script Code / NSE Symbol | 532945 / SEPC |
| ISIN | INE964H01014 |
Shriram EPC IPO comprises a total issue size of 50,00,000 shares. Out of which, 30,00,000 (60.00%) are allocated to QIB, 5,00,000 (10.00%) allocated to NII 15,00,000 (30.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max 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% |
Investors can bid for a minimum of 20 shares and in multiples thereof.
| 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 |
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.
| Period Ended |
|---|
| Amount in ₹ Crore |
| KPI | |
|---|---|
| RoNW | 8.25% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 88.34% |
| Market Cap | ₹1,286.03 Cr. |
The Shriram EPC IPO is subscribed 3.91 times on February 1, 2008 5:00:00 PM (Day 4). The public issue subscribed 0.63 times in the retail category, 6.13 times in the QIB category, and 0.41 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead management fee and underwriting commissions | 0.00 |
| 2 | Advertising and Marketing expenses | 0.00 |
| 3 | Printing and stationery | 0.00 |
| 4 | IPO Grading Fees | 0.00 |
| 5 | Others (Monitoring agency fees, Registrars fee, legal fee, etc.) | 0.00 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹300.00 | ₹300.00 |
| Open | ₹290.00 | ₹320.00 |
| Low | ₹281.05 | ₹251.00 |
| High | ₹374.70 | ₹377.00 |
| Last Trade | ₹293.60 | ₹286.50 |
Shriram EPC IPO is a main-board IPO of 50,00,000 equity shares of the face value of ₹10 aggregating up to ₹150 Crores. The issue is priced at ₹300 per share. The minimum order quantity is 20.
The IPO opens on Tue, Jan 29, 2008, and closes on Fri, Feb 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 Tue, Jan 29, 2008 and closes on Fri, Feb 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 Wed, Feb 20, 2008.
