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Art Nirman Ltd IPO (Art Nirman IPO) Detail

Sep 30, 2016 - Oct 7, 2016

Incorporated in 2011, Art Nirman Ltd is Ahmedabad, Gujarat based real estate developer involve in development of residential & commercial projects. In 2013, company started construction of our first residential cum commercial project 'Shri Vishnudhara Cross Road' in Ahmedabad and successfully completed in 2016. The project include of 5 towers containing
total of 154 residential apartments of 2 and 3 BHK and 25 commercial shops, with a total built up area of 2,09,701 sq. ft.

Company carry all the construction activities by subcontracting the project work to third party contractors.

Objects of the Issue:

The objects of the Issue are:

1. Working Capital requirements;
2. General Corporate Purposes;
3. Issue Expenses.

Art Nirman IPO Details

Art Nirman IPO Date Sep 30, 2016 to Oct 7, 2016
Art Nirman IPO Face Value ₹10 per share
Art Nirman IPO Price ₹25 per share
Art Nirman IPO Lot Size 6000 Shares
Issue Size2,004,000 shares of ₹10
(aggregating up to ₹5.01 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Company Promoters

The promoters of the comapany are:

1. Ashokkumar Raghuram Thakker

Art Nirman IPO Lot Size

The Art Nirman IPO lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹150,000).

Application Lots Shares Amount
Minimum 1 6000 ₹150,000
Maximum 1 6000 ₹150,000

Art Nirman IPO Review

Being a costly bet, investors may give it a miss. The asking price is at a P/E of 40 plus against industry composite of 25 and that makes it a costly bet. Read detail review...

New Art Nirman IPO Recommendation by Members

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Art Nirman IPO Prospectus

Art Nirman IPO Rating

5
3.2
Rating:Rated 3.2 stars
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Art Nirman IPO Listing Date

Listing Date Wednesday, October 19, 2016
BSE Script Code
NSE Symbol ARTNIRMAN
Listing In
ISIN INE738V01013
IPO Price ₹25 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
IPO Price: ₹25.00
Open: ₹27.55
Low: ₹27.50
High: ₹30.00
Last Trade: ₹30.00

Company Contact Information

Art Nirman Ltd
14 JBR Arcade 2nd Floor,
Nr R K Royal Hall Science City
Ahmedabad - 380060
Phone: + 91-8866404499
Email: info@artnirman.com
Website: http://www.artnirman.com

Art Nirman IPO Registrar

Sharex Dynamic (India) Pvt Ltd

Phone: +91- 22 - 2851 5606
Email:
Website: http://www.sharexindia.com

Art Nirman IPO Reviews / Ratings

Art Nirman IPO FAQs

Art Nirman IPO is a SME IPO of 2,004,000 equity shares of the face value of ₹10 aggregating up to ₹5.01 Crores. The issue is priced at ₹25 per share. The minimum order quantity is 6000 Shares.

The IPO opens on Sep 30, 2016, and closes on Oct 7, 2016.

Sharex Dynamic (India) Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Art Nirman IPO opens on Sep 30, 2016 and closes on Oct 7, 2016.

Art Nirman IPO lot size is 6000 Shares and the minimum order quantity is .

You can apply in Art Nirman 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

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

The Art Nirman IPO listing date is on Wednesday, October 19, 2016.
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Art Nirman IPO Message Board

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1 Comments

1. pablo Escobar |   Link |Oct 4, 2016 9:25:08 AM
Aaj FA ne mkt me trading NA krne ki advice di he...due to rbi policy.and bank short krne ko bola hai..
pr bullish share today ongc,inox wind,JD

Bought ongc @265(sl 262.8
Inox @211(sl 209
JD @437 (sl 433

Each 250 share.