Fixed Price IPO | ₹12 Cr | Listed at BSE SME | Mon, Aug 12, 2013 - Wed, Aug 14, 2013

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 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) (based on upper price). The minimum lot size for investment in 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 Open
Mon, Aug 12, 2013
IPO Close
Wed, Aug 14, 2013
Issue Price
₹15 per share
Market Cap (Pre-IPO)
₹29.68 Cr
| IPO Date | 12 to 14 Aug, 2013 |
| Listed on | Wed, Aug 28, 2013 |
| Face Value | ₹10 per share |
| Issue Price | ₹15 per share |
| Lot Size | 8,000 Shares |
| Sale Type | OFS only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 80,00,000 shares (agg. up to ₹12 Cr) |
| Reserved for Market Maker | 4,16,000 shares 4A Securities Ltd. (agg. up to ₹0.6240 Cr) |
| Offer for Sale | 75,84,000 shares of ₹10 (agg. up to ₹11 Cr) |
| Net Offered to Public | 75,84,000 shares (agg. up to ₹11 Cr) |
| Share Holding Pre Issue | 1,97,89,000 shares |
| Share Holding Post Issue | 1,97,89,000 shares |
| BSE Script Code | 536073 |
| ISIN | INE890N01019 |
Silverpoint Infratech IPO comprises a total issue size of 80,00,000 shares. The net offer to the public is 75,84,000 shares, after excluding 4,16,000 shares allotted on a firm basis. Of the Net offer 37,92,000 (50.00%) allocated to NII 37,92,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 37,92,000 | 50.00% | 47.40% |
| Retail Shares Offered | 37,92,000 | 50.00% | 47.40% |
| Firm Reservations | |||
| Market Maker Shares Offered | 4,16,000 | 5.20% | |
| Total Shares Offered | 80,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 8,000 shares and in multiples thereof.
| 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 |
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.
| Period Ended |
|---|
| Amount in ₹ Crore |
| KPI | |
|---|---|
| RoNW | 1.2% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 59.57% |
| Market Cap | ₹29.68 Cr. |
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.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including fees and reimbursements of Market Making Fees, selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers etc and other out of pocket expenses. | 0.50 |
| 2 | Printing & Stationery and Postage Expense | 0.10 |
| 3 | Marketing and Advertisement Expenses | 0.05 |
| 4 | Regulatory fees and other expenses | 0.05 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹15.00 |
| Open | ₹13.00 |
| Low | ₹12.40 |
| High | ₹13.60 |
| Last Trade | ₹13.60 |
Lead Manager Reports
Silverpoint Infratech IPO is a SME IPO of 80,00,000 equity shares of the face value of ₹10 aggregating up to ₹12 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000.
The IPO opens on Mon, Aug 12, 2013, and closes on Wed, Aug 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 Mon, Aug 12, 2013 and closes on Wed, Aug 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 Wed, Aug 28, 2013.