Bookbuilding IPO | ₹56 Cr | Listed at BSE, NSE | Tue, Jul 10, 2007 - Fri, Jul 13, 2007
Simplex Projects IPO is a book build issue of ₹55.51 crores. The issue is entirely a fresh issue of 0.30 crore shares of ₹55.51 crore.
Simplex Projects IPO bidding started from Jul 10, 2007 and ended on Jul 13, 2007. The shares got listed on BSE, NSE on Aug 3, 2007.
Simplex Projects IPO price band is set at ₹185 per share. The lot size for an application is 30. The minimum amount of investment required by an retail is ₹5,550 (30 shares) (based on upper price). The lot size investment for sNII is 37 lots (1,110 shares), amounting to ₹2,05,350, and for bNII, it is 181 lots (5,430 shares), amounting to ₹10,04,550.
UBS Securities India Pvt.Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue.
Refer to Simplex Projects IPO RHP for detailed Information.
IPO Open
Tue, Jul 10, 2007
IPO Close
Fri, Jul 13, 2007
Issue Price
₹185 per share
Market Cap (Pre-IPO)
₹222.00 Cr
| IPO Date | 10 to 13 Jul, 2007 |
| Listed on | Fri, Aug 3, 2007 |
| Face Value | ₹10 per share |
| Price Band | ₹170 to ₹185 |
| Issue Price | ₹185 per share |
| Lot Size | 30 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 30,00,397 shares (agg. up to ₹56 Cr) |
| Fresh Issue | 30,00,397 shares (agg. up to ₹56 Cr) |
| Share Holding Pre Issue | 89,99,981 shares |
| Share Holding Post Issue | 1,19,99,981 shares |
| BSE Script Code / NSE Symbol | 532877 / SIMPLEX |
| ISIN | INE898F01018 |
Simplex Projects IPO comprises a total issue size of 30,00,000 shares. Out of which, 15,00,000 (50.00%) are allocated to QIB, 4,50,000 (15.00%) allocated to NII 10,50,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 15,00,000 | 50.00% | NA |
| NII (HNI) Shares Offered | 4,50,000 | 15.00% | NA |
| Retail Shares Offered | 10,50,000 | 35.00% | 35,000 |
| Total Shares Offered | 30,00,000 | 100.00% |
Investors can bid for a minimum of 30 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 30 | ₹5,550 |
| Retail (Max) | 36 | 1,080 | ₹1,99,800 |
| S-HNI (Min) | 37 | 1,110 | ₹2,05,350 |
| S-HNI (Max) | 180 | 5,400 | ₹9,99,000 |
| B-HNI (Min) | 181 | 5,430 | ₹10,04,550 |
SPL is an ISO 9001:2000 certified construction company and is providing integrated engineering, procurement and construction services for civil & Structural construction and infrastructure sector projects.
SPL’s focus area includes:
Piling and Foundations
Civil construction projects, which include structures such as commercial and residential complexes, mass housing projects, townships, industrial structures;
Transportation engineering projects including bridges, flyovers, underpasses, road projects; and
Irrigation, Water supply and Sewarage Schemes.
Installation and operation of Multi Level Car Parking Systems.
SPL’s portfolio of completed and ongoing civil construction projects includes commercial and residential buildings, group housing projects and townships, industrial structures, hospitals and universities and educational campuses. The infrastructure portion of projects fall broadly into the categories of transportation engineering, and irrigation & water supply. In the transportation engineering category, SPL has constructed roads, bridges, flyovers and underpasses. In the irrigation & water supply category, SPL has built water supply and sewerage projects. The Company has also completed various piling projects.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augment Long Term Working Capital Requirement | 35.54 |
| 2 | Acquire Plant & Machineries | 13.88 |
| 3 | Investment in Subsidiary: (a) For Purchase of Design and Technology for Semi and Fully Automated Multi Level Car Parking Systems. b) For Development of Designs and Setting up of Fabrication Unit. c) For meeting the expenses of Marketing and Promotion of Parking Systems. | 6.00 |
| 4 | Meeting the Public Issue Expenses | 5.00 |
| 5 | General Corporate Purposes | 1.08 |
| KPI | |
|---|---|
| RoNW | 20.8% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 75% |
| Market Cap | ₹222.00 Cr. |
The Simplex Projects IPO is subscribed 85.53 times on July 13, 2007 5:00:00 PM (Day 4). The public issue subscribed 49.26 times in the retail category, 90.45 times in the QIB category, and 153.8 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 | Fees of BRLM and Syndicate Members (including underwriting commission and selling commission) | 2.44 |
| 2 | Fees of Registrar | 0.09 |
| 3 | Fees of Legal Advisor | 0.11 |
| 4 | BSE, NSE, SEBI, NSDL, CDSL Charges | 0.20 |
| 5 | Advertisement and Marketing Expenses | 0.69 |
| 6 | Printing and Stationery, Distribution, Postage, etc. | 1.22 |
| 7 | Other Charges (Includes Travelling, Local Conveyance, Telecommunication Charges, Legal Expenses, etc.) | 0.25 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹185.00 | ₹185.00 |
| Open | ₹323.75 | ₹323.75 |
| Low | ₹266.70 | ₹267.30 |
| High | ₹323.75 | ₹323.75 |
| Last Trade | ₹272.05 | ₹273.70 |
Lead Manager Reports
Simplex Projects IPO is a main-board IPO of 30,00,397 equity shares of the face value of ₹10 aggregating up to ₹56 Crores. The issue is priced at ₹185 per share. The minimum order quantity is 30.
The IPO opens on Tue, Jul 10, 2007, and closes on Fri, Jul 13, 2007.
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 Simplex Projects IPO using UPI as a payment gateway. Zerodha customers can apply in Simplex Projects IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Simplex Projects IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Simplex Projects IPO opens on Tue, Jul 10, 2007 and closes on Fri, Jul 13, 2007.
Simplex Projects IPO lot size is 30, and the minimum amount required for application is ₹5,550.
You can apply in Simplex Projects 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 Simplex Projects IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Simplex Projects IPO allotment status.
The Simplex Projects IPO listing date is on Fri, Aug 3, 2007.
