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S.S.Infrastructure IPO is a book build issue of ₹17.11 crores. The issue is entirely a fresh issue of 0.43 crore shares of ₹17.11 crore.
S.S.Infrastructure IPO bidding started from Mar 28, 2018 and ended on Apr 5, 2018. The allotment for S.S.Infrastructure IPO was finalized on Apr 10, 2018. The shares got listed on NSE SME on Apr 12, 2018.
S.S.Infrastructure IPO price band is set at ₹40.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an retail is ₹1,11,000 (3000 shares). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹2,40,000.
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 Pantomath Stock Brokers Pvt.Ltd..
Refer to S.S.Infrastructure IPO RHP for detailed Information.
| IPO Date | March 28, 2018 to April 5, 2018 |
| Listing Date | April 12, 2018 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹37 to ₹40 per share |
| Issue Price Final | ₹40 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 42,78,000 shares (aggregating up to ₹17.11 Cr) |
| Reserved for Market Maker | 2,22,000 shares Pantomath Stock Brokers Pvt.Ltd. (aggregating up to ₹0.8880 Cr) |
| Net Offered to Public | 40,56,000 shares (aggregating up to ₹16.22 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 98,92,350 shares |
| Share Holding Post Issue | 1,41,70,350 shares |
S.S. Infrastructure IPO offers total 42,78,000 shares. Out of which 14,22,000 (33.24%) allocated to QIB, 11,94,000 (27.91%) allocated to NII, 14,40,000 (33.66%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,22,000 (5.19%) |
| QIB Shares Offered | 14,22,000 (33.24%) |
| NII (HNI) Shares Offered | 11,94,000 (27.91%) |
| Retail Shares Offered | 14,40,000 (33.66%) |
| Total Shares Offered | 42,78,000 (100.00%) |
S.S.Infrastructure IPO opens on March 28, 2018, and closes on April 5, 2018.
| IPO Open Date | Wed, Mar 28, 2018 |
| IPO Close Date | Thu, Apr 5, 2018 |
| Tentative Allotment | Tue, Apr 10, 2018 |
| Initiation of Refunds | Wed, Apr 11, 2018 |
| Credit of Shares to Demat | Thu, Apr 12, 2018 |
| Tentative Listing Date | Thu, Apr 12, 2018 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Apr 5, 2018 |
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 | ₹1,20,000 |
| Retail (Max) | 1 | 3,000 | ₹1,20,000 |
| HNI (Min) | 2 | 6,000 | ₹2,40,000 |
Incorporated in 2007, Hyderabad based S.S. Infrastructure Development Consultants Private Limited is engaged in the business of Engineering Consultancy and is an Integrated Infrastructure Development solution provider in India. The Company provides Architectural Planning, Comprehensive Civil/Structural designs, Project Management Consultancy, Repairs and Rehabilitation, Quality Management Systems through well-qualified teams and experienced promoters.
S.S Infrastructure mainly participates in the tenders floated by the Government authorities, Corporate establishments and other business entities. It has executed large projects for organizations like Cyient Limited (formerly known as
Infotech Enterprises Limited), Granules India Limited and Government Organizations.
The strengths of the company are-
1. Expertise in structural designing
consulting services.
2. Vintage with the Defense and other
organization
3. High-Value Order book
4. Experienced Management Team,
Promoters and Board of Directors
The company has 115 employees on its payroll.
| Particulars | For the year/period ended (in Rs. Lacs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 2,637.68 | 2,304.83 | 2,093.41 | 1,317.10 | 1,233.30 | |
| Total Revenue | 2,467.66 | 2,661.74 | 2,831.21 | 1,854.79 | 1,883.48 | |
| Profit After Tax | 380.27 | 342.21 | 382.51 | 262.59 | 226.50 | |
The Company S.S.Infrastructure 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 | Renovation of existing offices and Opening of new branch office | 2.53 |
| 2 | Purchasing of software’s and hardware’s | 0.56 |
| 3 | Repayment of Secured & Unsecured loans availed by the Company | 1.01 |
| 4 | Funding the working capital requirements of the Company | 9.50 |
| 5 | General Corporate Purpose | 1.80 |
[Dilip Davda] <p><br />Considering track records and reasonable pricing, investors may consider investment for long term.</p> Read detail review...
| Listing Date | April 12, 2018 |
| BSE Script Code | |
| NSE Symbol | SSINFRA |
| ISIN | INE182Z01015 |
| Final Issue Price | ₹40 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹40.00 |
| Open | ₹42.95 |
| Low | ₹41.20 |
| High | ₹43.90 |
| Last Trade | ₹43.10 |
S.S.Infrastructure Development Consultants Ltd.
Flat No. 15,
Jabbar Buildings,
Begumpet,
Hyderabad, Telangana, 500016
Phone: +91 040 66310224
Email: info@ssidcon.org
Website: http://www.ssidcon.org
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
S.S.Infrastructure IPO is a SME IPO of 42,78,000 equity shares of the face value of ₹10 aggregating up to ₹17.11 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000.
The IPO opens on March 28, 2018, and closes on April 5, 2018.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in S.S.Infrastructure IPO using UPI as a payment gateway. Zerodha customers can apply in S.S.Infrastructure IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in S.S.Infrastructure IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The S.S.Infrastructure IPO opens on March 28, 2018 and closes on April 5, 2018.
S.S.Infrastructure IPO lot size is 3000, and the minimum amount required for application is ₹1,20,000.
You can apply in S.S.Infrastructure 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 S.S.Infrastructure IPO will be done on Tuesday, April 10, 2018, and the allotted shares will be credited to your demat account by Thursday, April 12, 2018. Check the S.S.Infrastructure IPO allotment status.
The S.S.Infrastructure IPO listing date is on Thursday, April 12, 2018.
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