Fixed Price IPO | ₹11 Cr | Listed at BSE SME | Thu, Sep 10, 2015 - Tue, Sep 15, 2015
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Thu, Sep 10, 2015
IPO Close
Tue, Sep 15, 2015
Issue Price
₹45 per share
Market Cap (Pre-IPO)
₹42.84 Cr
| IPO Date | 10 to 15 Sep, 2015 |
| Listed on | Thu, Oct 1, 2015 |
| Face Value | ₹10 per share |
| Issue Price | ₹45 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 25,20,000 shares (agg. up to ₹11 Cr) |
| Reserved for Market Maker | 1,32,000 shares BCB Brokerage Pvt.Ltd. (agg. up to ₹0.5940 Cr) |
| Fresh Issue (Ex Market Maker) | 23,88,000 shares (agg. up to ₹11 Cr) |
| Net Offered to Public | 23,88,000 shares (agg. up to ₹11 Cr) |
| Share Holding Pre Issue | 70,00,000 shares |
| Share Holding Post Issue | 95,20,000 shares |
| BSE Script Code | 539363 |
| ISIN | INE094T01015 |
Sri Krishna Constructions IPO comprises a total issue size of 25,20,000 shares. The net offer to the public is 23,88,000 shares, after excluding 1,32,000 shares allotted on a firm basis. Of the Net offer 11,94,000 (50.00%) allocated to NII 11,94,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 11,94,000 | 50.00% | 47.38% |
| Retail Shares Offered | 11,94,000 | 50.00% | 47.38% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,32,000 | 5.24% | |
| Total Shares Offered | 25,20,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| 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.
| 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 | Land Acquisition | 9.84 |
| 2 | General Corporate Purpose | 1.00 |
| 3 | Issue Expenses | 0.50 |
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 expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Market Maker, Bankers etc. | 0.45 |
| 2 | Regulatory fees | 0.03 |
| 3 | Marketing and Other Expenses | 0.02 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹45.00 |
| Open | ₹39.90 |
| Low | ₹38.05 |
| High | ₹41.85 |
| Last Trade | ₹41.85 |
Lead Manager Reports
Sri Krishna Constructions IPO is a SME IPO of 25,20,000 equity shares of the face value of ₹10 aggregating up to ₹11 Crores. The issue is priced at ₹45 per share. The minimum order quantity is 3000.
The IPO opens on Thu, Sep 10, 2015, and closes on Tue, Sep 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 Thu, Sep 10, 2015 and closes on Tue, Sep 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 Thu, Oct 1, 2015.
