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Bhanderi Infracon Ltd IPO (Bhanderi Infracon IPO) Detail

July 22, 2014 - July 25, 2014

Bhanderi Infracon IPO is a fixed price issue of Rs 6.48 crores.

Bhanderi Infracon IPO bidding started from July 22, 2014 and ended on July 25, 2014. The shares got listed on BSE SME on August 8, 2014.

Bhanderi Infracon IPO price is ₹120 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹144,000.

Choice Capital Advisors Pvt Ltd is the book running lead manager of the Bhanderi Infracon IPO, while Purva Sharegistry India Pvt Ltd is the registrar for the issue.

Refer to Bhanderi Infracon IPO RHP for detailed information.

Bhanderi Infracon IPO Details

IPO Date July 22, 2014 to July 25, 2014
Listing Date August 8, 2014
Face Value ₹10 per share
Price ₹120 per share
Lot Size 1200 Shares
Total Issue Size540,000 shares
(aggregating up to ₹6.48 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Bhanderi Infracon IPO Lot Size

Investors can bid for a minimum of 1200 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 1200 ₹144,000
Retail (Max) 1 1200 ₹144,000
Lot Size Calculator

About Bhanderi Infracon Ltd

Incorporated in 2004, Bhanderi Infracon Limited is a Real Estate Development Company, engaged in buying, selling, development, re-development of properties, investments in joint ventures, investment in partnerships, investment in completed / partially completed / upcoming projects etc.

Currently company is engaged in development of Residential Flats and Bungalows under Partnership firms, namely: Tulsi Enterprises and Dharnidhar Developers respectively.

Objects of the Issue (Bhanderi Infracon IPO Objectives)

The object of the issue are:

1. To meet the incremental working capital requirements;
2. To meet the expenses toward s general corporate purposes;
3. To meet the Issue Expenses.

Bhanderi Infracon IPO Review (Avoid)

[Dilip Davda]  

Remark: Just Avoid this costly issue.

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Bhanderi Infracon IPO Prospectus

Bhanderi Infracon IPO Rating

10
2.4
Rating:Rated 2.4 stars
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Bhanderi Infracon IPO Listing Details

Listing Date August 8, 2014
BSE Script Code 538576
NSE Symbol
ISIN INE336Q01016
Final Issue Price ₹120 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹120.00
₹113.50
₹107.85
₹115.00
₹107.85

Check IPO Performance…

Bhanderi Infracon Ltd Contact Details

Bhanderi Infracon Ltd
B/12, Jabuka Complex,
Near Bajrang Ashram, N.H.-8,
Thakkar Bapanagar, Ahmedabad 382350
Phone: +91 - 79 - 2283 0245
Email: bhanderiinfracon@gmail.com
Website: http://www.bhanderiinfracon.com

Bhanderi Infracon IPO Registrar

Bhanderi Infracon IPO - Buy or Not

Bhanderi Infracon IPO Recommendation Summary

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Members 0 0 0

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Bhanderi Infracon IPO FAQs

Bhanderi Infracon IPO is a SME IPO of 540,000 equity shares of the face value of ₹10 aggregating up to ₹6.48 Crores. The issue is priced at ₹120 per share. The minimum order quantity is 1200 Shares.

The IPO opens on July 22, 2014, and closes on July 25, 2014.

Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Bhanderi Infracon IPO opens on July 22, 2014 and closes on July 25, 2014.

Bhanderi Infracon IPO lot size is 1200 Shares, and the minimum amount required is ₹144,000.

You can apply in Bhanderi Infracon IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Bhanderi Infracon IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Bhanderi Infracon IPO allotment status.

The Bhanderi Infracon IPO listing date is on August 8, 2014.
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Bhanderi Infracon IPO Message Board

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2 Comments

2. Kamlesh Shah |   Link |  Bookmark |July 19, 2014 8:57:31 PM
Not interested to invest SME IPOs, with high investment. Wait FPO for disinvestment of PSUs likely to come in October-14. May ready to subscribe. Assured return would likely to come as EIL, Powergrid FPO.
1. DURAISWAMY |   Link |  Bookmark |July 19, 2014 12:44:08 PM
I APPLIED FOR DHANUKKA COMMERCIAL BSE SME IPO. AND NOW IT IS TRADING BELOE ITS PRICE OF Rs.10 FOR MORE THAN PAST ONE MONTH. ITS HIGEST RATE ITSELF IS BELOW ISSUE PRICE.

DEAR RETAIL INVESTORS THINK TWICE OR MANY TIMES BEFORE INVESTING. MOST OF THE SME IPO ARE TRADING AT LOW PRICE THOUGH THE MARKET IS AT PEAK