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Shashijit Infraprojects Ltd IPO (Shashijit Infraprojects IPO) Detail

September 30, 2016 - October 6, 2016

Shashijit Infraprojects IPO is a fixed price issue of Rs 3.49 crores.

Shashijit Infraprojects IPO bidding started from September 30, 2016 and ended on October 6, 2016. The shares got listed on BSE SME on October 17, 2016.

Shashijit Infraprojects IPO price is ₹15 per share. The minimum lot size for an application is 8000 Shares. The minimum amount of investment required by retail investors is ₹120,000.

Pantomath Capital Advisors Pvt Ltd is the book running lead manager of the Shashijit Infraprojects IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Shashijit Infraprojects IPO RHP for detailed information.

Shashijit Infraprojects IPO Details

IPO Date September 30, 2016 to October 6, 2016
Listing Date October 17, 2016
Face Value ₹10 per share
Price ₹15 per share
Lot Size 8000 Shares
Total Issue Size2,328,000 shares
(aggregating up to ₹3.49 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Shashijit Infraprojects IPO Lot Size

Investors can bid for a minimum of 8000 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 8000 ₹120,000
Retail (Max) 1 8000 ₹120,000
Lot Size Calculator

About Shashijit Infraprojects Ltd

Incorporated in 1991, Shashijit Infraprojects Ltd constructs, builds, and develops industrial infrastructure facilities, driveways, public utilities, powerhouse buildings, factories, and other immovable properties. The company is headquartered in Vapi, India.

They have executed various industrial and residential projects in Gujarat particularly in Vapi, Surat, Silvassa and Union Territory Daman.

Objects of the Issue (Shashijit Infraprojects IPO Objectives)

The object to the Issue are to:

1. Fund the purchase of Machinery, Scaffolding equipment;
2. Repayment of loan;
3. Working Capital requirements; and
4. General Corporate Purposes.

Shashijit Infraprojects IPO Review (Avoid)

[Dilip Davda]  Inconsistency in performance raises concern. However, risk savvy cash surplus investors may consider long term investment as infra sector is set for a big push ahead. Read detail review...

Shashijit Infraprojects IPO Prospectus

Shashijit Infraprojects IPO Rating

11
3.2
Rating:Rated 3.2 stars
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Shashijit Infraprojects IPO Listing Details

Listing Date October 17, 2016
BSE Script Code 540147
NSE Symbol
ISIN INE700V01013
Final Issue Price ₹15 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹15.00
₹15.85
₹15.10
₹15.85
₹15.25

Check IPO Performance…

Shashijit Infraprojects Ltd Contact Details

Shashijit Infraprojects Ltd
Plot No. 209, Shop No. 23,
2nd Floor, Girnar Khushboo Plaza,
GIDC, Vapi – 396195
Phone: +91 260 2432963
Email: investors @ shashijitinfraprojects.com
Website: http://www.shashijitinfraprojects.com

Shashijit Infraprojects IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Shashijit Infraprojects IPO - Buy or Not

Shashijit Infraprojects IPO Recommendation Summary

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Members 0 0 0

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Shashijit Infraprojects IPO FAQs

Shashijit Infraprojects IPO is a SME IPO of 2,328,000 equity shares of the face value of ₹10 aggregating up to ₹3.49 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000 Shares.

The IPO opens on September 30, 2016, and closes on October 6, 2016.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Shashijit Infraprojects IPO opens on September 30, 2016 and closes on October 6, 2016.

Shashijit Infraprojects IPO lot size is 8000 Shares, and the minimum amount required is ₹120,000.

You can apply in Shashijit Infraprojects 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 Shashijit Infraprojects IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Shashijit Infraprojects IPO allotment status.

The Shashijit Infraprojects IPO listing date is on October 17, 2016.
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Shashijit Infraprojects IPO Message Board

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2 Comments

2. AMRISHIPO |   Link |  Bookmark |October 26, 2016 10:29:35 AM
SOME rightly said Diwala at Diwali

sensex down below 28000
1. DURAISWAMY |   Link |  Bookmark |September 30, 2016 10:47:05 AM
THINK BEFORE INVESTING IN SME IPO Amsons apparels and funny SoftWARE TRADING BELOW ITS ISSUE PRICE BEWARE OF SME IPOS. MY AMOUNT 2.4 LAKHS TRAPPED. I DID NOT FIND WAYS TO ESCAPE . I AM SHARING MY REAL EXPERIENCE. PLEASE DO NOT APPLY