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Sri Krishna Constructions IPO is a fixed price issue of ₹11.34 crores. The issue is entirely a fresh issue of 0.25 crore shares of ₹11.34 crore.
Sri Krishna Constructions IPO bidding started from Sep 10, 2015 and ended on Sep 15, 2015. The shares got listed on BSE SME on Oct 1, 2015.
Sri Krishna Constructions IPO price is ₹45.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,35,000 (3000 shares). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹2,70,000.
Pantomath Capital Advisors 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 BCB Brokerage Pvt.Ltd..
Refer to Sri Krishna Constructions IPO RHP for detailed Information.
| IPO Date | September 10, 2015 to September 15, 2015 |
| Listing Date | October 1, 2015 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹45 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 25,20,000 shares (aggregating up to ₹11.34 Cr) |
| Reserved for Market Maker | 1,32,000 shares BCB Brokerage Pvt.Ltd. (aggregating up to ₹0.5940 Cr) |
| Net Offered to Public | 23,88,000 shares (aggregating up to ₹10.75 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 70,00,000 shares |
| Share Holding Post Issue | 95,20,000 shares |
Sri Krishna Constructions IPO offers total 25,20,000 shares. Out of which 11,94,000 (47.38%) allocated to NII, 11,94,000 (47.38%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,32,000 (5.24%) |
| NII (HNI) Shares Offered | 11,94,000 (47.38%) |
| Retail Shares Offered | 11,94,000 (47.38%) |
| Total Shares Offered | 25,20,000 (100.00%) |
Sri Krishna Constructions IPO opens on September 10, 2015, and closes on September 15, 2015.
| IPO Open Date | Thu, Sep 10, 2015 |
| IPO Close Date | Tue, Sep 15, 2015 |
| Tentative Listing Date | Thu, Oct 1, 2015 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Sep 15, 2015 |
Investors can bid for a minimum of 3,000 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 | 3,000 | ₹1,35,000 |
| Retail (Max) | 1 | 3,000 | ₹1,35,000 |
| HNI (Min) | 2 | 6,000 | ₹2,70,000 |
Incorporated in 2005, Sri Krishna Constructions (India) Ltd (SKC) is Karnataka based realty sector company engaged in real estate developments. It has completed 7 projects (with saleable area of 12 lakh sq. ft.) and currently in the process of completing 2 more projects (with saleable area of 4.52 lakh sq.ft.). It has 3 projects (with saleable area of 2.60 sq. ft.) in the pipeline.
The Company Sri Krishna Constructions IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Land Acquisition | 9.84 |
| 2 | General Corporate Purpose | 1.00 |
| 3 | Issue Expenses | 0.50 |
[Dilip Davda] <p><strong>Well informed risk aver investors may consider investment in this IPO.</strong></p> Read detail review...
| Listing Date | October 1, 2015 |
| BSE Script Code | 539363 |
| NSE Symbol | |
| ISIN | INE094T01015 |
| Final Issue Price | ₹45 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹45.00 |
| Open | ₹39.90 |
| Low | ₹38.05 |
| High | ₹41.85 |
| Last Trade | ₹41.85 |
Sri Krishna Constructions (India) Ltd.
No. 1,
4th Main, Seshadripuram,
Nehru Circle,
Bangalore Urban, Karnataka, 560020
Phone: 080 23318189
Email: cs@skcipl.in
Website: http://www.skcipl.in/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Sri Krishna Constructions IPO is a SME IPO of 25,20,000 equity shares of the face value of ₹10 aggregating up to ₹11.34 Crores. The issue is priced at ₹45 per share. The minimum order quantity is 3000.
The IPO opens on September 10, 2015, and closes on September 15, 2015.
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 Sri Krishna Constructions IPO using UPI as a payment gateway. Zerodha customers can apply in Sri Krishna Constructions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sri Krishna Constructions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sri Krishna Constructions IPO opens on September 10, 2015 and closes on September 15, 2015.
Sri Krishna Constructions IPO lot size is 3000, and the minimum amount required for application is ₹1,35,000.
You can apply in Sri Krishna Constructions 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 Sri Krishna Constructions IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Sri Krishna Constructions IPO allotment status.
The Sri Krishna Constructions IPO listing date is on Thursday, October 1, 2015.
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