Bookbuilding IPO | ₹17 Cr | Listed at NSE SME | Wed, Mar 28, 2018 - Thu, Apr 5, 2018
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 per share. The lot size for an application is 3,000. The minimum amount of investment required by an retail is ₹1,20,000 (3000 shares) (based on upper price). The minimum lot size for investment in 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 Open
Wed, Mar 28, 2018
IPO Close
Thu, Apr 5, 2018
Issue Price
₹40 per share
Market Cap (Pre-IPO)
₹56.68 Cr
| IPO Date | 28 Mar to 5 Apr, 2018 |
| Listed on | Thu, Apr 12, 2018 |
| Face Value | ₹10 per share |
| Price Band | ₹37 to ₹40 |
| Issue Price | ₹40 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 42,78,000 shares (agg. up to ₹17 Cr) |
| Reserved for Market Maker | 2,22,000 shares Pantomath Stock Brokers Pvt.Ltd. (agg. up to ₹0.8880 Cr) |
| Fresh Issue (Ex Market Maker) | 40,56,000 shares (agg. up to ₹16 Cr) |
| Net Offered to Public | 40,56,000 shares (agg. up to ₹16 Cr) |
| Share Holding Pre Issue | 98,92,350 shares |
| Share Holding Post Issue | 1,41,70,350 shares |
| NSE Symbol | SSINFRA |
| ISIN | INE182Z01015 |
S.S.Infrastructure IPO comprises a total issue size of 42,78,000 shares. The net offer to the public is 40,56,000 shares, after excluding 2,22,000 shares allotted on a firm basis. Of the Net offer 14,22,000 (35.06%) are allocated to QIB, 11,94,000 (29.44%) allocated to NII 14,40,000 (35.50%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 14,22,000 | 35.06% | 33.24% |
| NII (HNI) Shares Offered | 11,94,000 | 29.44% | 27.91% |
| Retail Shares Offered | 14,40,000 | 35.50% | 33.66% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,22,000 | 5.19% | |
| Total Shares Offered | 42,78,000 | 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 | ₹1,20,000 |
| 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.
| 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 | 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 |
The S.S. Infrastructure IPO is subscribed 11.19 times on April 5, 2018 5:00:00 PM (Day 5). The public issue subscribed 6.82 times in the retail category, [.] times in the QIB category, and 14.43 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 14.43 | 20,28,000 | 2,92,71,000 |
| Retail | 6.82 | 20,28,000 | 1,38,21,000 |
| Total | 11.19 | 40,56,000 | 4,53,78,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the Book Running Lead Manager (including Underwriting commission payable to Underwriter) | 1.48 |
| 2 | Advertising and marketing expenses | 0.11 |
| 3 | Fees payable to the Registrar to the Issue | 0.01 |
| 4 | Brokerage and selling commission payable to Syndicate | 0.03 |
| 5 | Processing fees to SCSBs for ASBA Applications procured by the members of the Syndicate or Registered Brokers and submitted with the SCSBs | 0.00 |
| 6 | Others (listing fees, legal fees, stationery charges, bankers to the offer, auditor‘s fees etc.) | 0.08 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹40.00 |
| Open | ₹42.95 |
| Low | ₹41.20 |
| High | ₹43.90 |
| Last Trade | ₹43.10 |
Lead Manager Reports
S.S.Infrastructure IPO is a SME IPO of 42,78,000 equity shares of the face value of ₹10 aggregating up to ₹17 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000.
The IPO opens on Wed, Mar 28, 2018, and closes on Thu, Apr 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 Wed, Mar 28, 2018 and closes on Thu, Apr 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 Thu, Apr 12, 2018. Check the S.S.Infrastructure IPO allotment status.
The S.S.Infrastructure IPO listing date is on Thu, Apr 12, 2018.
