Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Silverpoint Infratech IPO is a fixed price issue of ₹12.00 crores. The issue is entirely an offer for sale of 0.80 crore shares of ₹12.00 crore.
Silverpoint Infratech IPO bidding started from Aug 12, 2013 and ended on Aug 14, 2013. The shares got listed on BSE SME on Aug 28, 2013.
Silverpoint Infratech IPO price is ₹15.00 per share . The lot size for an application is 8,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (8000 shares). The minimum lot size investment for HNI is 2 lots (16,000 shares), amounting to ₹2,40,000.
Inventure Merchant Banker Services 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 4A Securities Ltd..
Refer to Silverpoint Infratech IPO RHP for detailed Information.
| IPO Date | August 12, 2013 to August 14, 2013 |
| Listing Date | August 28, 2013 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹15 per share |
| Lot Size | 8,000 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 80,00,000 shares (aggregating up to ₹12.00 Cr) |
| Reserved for Market Maker | 4,16,000 shares 4A Securities Ltd. (aggregating up to ₹0.6240 Cr) |
| Net Offered to Public | 75,84,000 shares (aggregating up to ₹11.38 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,97,89,000 shares |
| Share Holding Post Issue | 1,97,89,000 shares |
Silverpoint Infratech IPO offers total 80,00,000 shares. Out of which 37,92,000 (47.40%) allocated to NII, 37,92,000 (47.40%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 4,16,000 (5.20%) |
| NII (HNI) Shares Offered | 37,92,000 (47.40%) |
| Retail Shares Offered | 37,92,000 (47.40%) |
| Total Shares Offered | 80,00,000 (100.00%) |
Silverpoint Infratech IPO opens on August 12, 2013, and closes on August 14, 2013.
| IPO Open Date | Mon, Aug 12, 2013 |
| IPO Close Date | Wed, Aug 14, 2013 |
| Tentative Listing Date | Wed, Aug 28, 2013 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Aug 14, 2013 |
Investors can bid for a minimum of 8,000 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 | 8,000 | ₹1,20,000 |
| Retail (Max) | 1 | 8,000 | ₹1,20,000 |
| HNI (Min) | 2 | 16,000 | ₹2,40,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1997, Silverpoint Infratech Ltd is currently engaged in the providing land development, construction services and other related services for civil & structural construction and infrastructure sector projects.
Company's clients includes Binani Cement Limited, PACL India Limited, Jain Infraprojects Limited, Prakash Constrowell Limited, NKC Projects Private Limited, VKS Projects Limited, Shri Mahavir Ferro Alloys Private Limited and Kivar Infra Private Limited amongst others.
The objects of the Offer are to achieve the benefits of listing the Equity Shares on the Stock Exchanges and to carry out the sale of 80,00,000 Equity Shares by the Selling Shareholders.
[Dilip Davda] <p>As for the merchant banker’s performance, this is the fourth SME issue from their stable and considering their market game in its own parent company and the other mandates listing, one may get some rewards. But current status are not having encouraging trends and hence, investors should <strong>AVOID</strong> this offer.</p> Read detail review...
| Listing Date | August 28, 2013 |
| BSE Script Code | 536073 |
| NSE Symbol | |
| ISIN | INE890N01019 |
| Final Issue Price | ₹15 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹15.00 |
| Open | ₹13.00 |
| Low | ₹12.40 |
| High | ₹13.60 |
| Last Trade | ₹13.60 |
Silverpoint Infratech Ltd.
301, 3rd Floor, Ananta Bhawan,
94 Vivekanand Nagar,
Near Westbank Hospital, Howrah - 711 109
Howrah, West Bengal
Phone: +91 33 3256 2881
Email: info@silverpointinfratech.com
Website: http://www.silvepointinfratech.com
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Silverpoint Infratech IPO is a SME IPO of 80,00,000 equity shares of the face value of ₹10 aggregating up to ₹12.00 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000.
The IPO opens on August 12, 2013, and closes on August 14, 2013.
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 Silverpoint Infratech IPO using UPI as a payment gateway. Zerodha customers can apply in Silverpoint Infratech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Silverpoint Infratech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Silverpoint Infratech IPO opens on August 12, 2013 and closes on August 14, 2013.
Silverpoint Infratech IPO lot size is 8000, and the minimum amount required for application is ₹1,20,000.
You can apply in Silverpoint Infratech 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 Silverpoint Infratech IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Silverpoint Infratech IPO allotment status.
The Silverpoint Infratech IPO listing date is on Wednesday, August 28, 2013.
Useful Articles
RHP