Incorporated in 2005, Giriraj Civil Developers Ltd is a Mumbai based civil works contracting and engineering company. The company is also engaged in trading activities, wherein they trade construction materials, mainly steel and cement.
Currently they are doing Railway sector projects where they undertake a wide scope of work which includes construction of foot over bridges, platform extensions; sick line sheds, stabling lines etc. They are also engaged in infrastructural projects for government / semi-government bodies like MCGM and MRVC and for various private players.
The Company's mainly projects undertaken are in the states of Maharashtra and Gujarat. Currently it has 21 ongoing projects. Giriraj Civil also have Joint Ventures (JV) and consortiums with other infrastructure and construction companies.
As on December 31, 2017 the company had 34 employees.
The promoters of the company are:
1. Mahesh Shah
2. Mamta Shah
| 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 | 6,436.20 | 4,509.10 | 3,695.16 | 3,168.17 | 2,362.18 | |
| Total Revenue | 4,527.02 | 4,821.48 | 4,995.42 | 5,674.18 | 4,224.83 | |
| Profit After Tax | 178.79 | 175.00 | 189.48 | 196.58 | 149.02 | |
The object of the issue are to:
1. Repayment of unsecured loans;
2. Expenditure for general corporate purposes.
| IPO Date | Mar 19, 2018 - Mar 21, 2018 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 900,000 Eq Shares of ₹10 (aggregating up to ₹9.00 Cr) |
| Face Value | ₹10 Per Equity Share |
| IPO Price | ₹100 Per Equity Share |
| Market Lot | 1200 Shares |
| Min Order Quantity | 1200 Shares |
| Listing At | NSE SME |
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1200 | ₹120,000 |
| Maximum | 1 | 1200 | ₹120,000 |
No. of Times Issue Subscribed (BSE + NSE) | |||
|---|---|---|---|
As on Date & Time | NII | RII | Total |
Shares Offered | 426,000 | 426,000 | 852,000 |
Mar 21, 2018 17:00 | 0.96x | 1.36x | 1.16x |
| Listing Date | Monday, April 2, 2018 |
| BSE Script Code | |
| NSE Symbol | GIRIRAJ |
| Listing In | |
| ISIN | INE614Z01017 |
| IPO Price | ₹100 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
|
|
Giriraj Civil Developers Ltd
101 Jaitirth Co-Op. Hous. Society,
Road No.10 Borivali (East),
Mumbai - 400066
Phone: + 91-22-28906356
Email: info@giriraj.biz
Website: http://www.giriraj.biz.com
Cameo Corporate Services Limited
Cameo Corporate Services Ltd.,
Subramanian Building # 1, Club House Road,
Chennai 600 002 - India
Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://online.cameoindia.com/
Giriraj Civil Developers IPO is a SME IPO of 900,000 equity shares of the face value of ₹10 aggregating up to ₹9.00 Crores.
The issue price of the IPO is ₹100 Per Equity Share. The minimum order quantity is 1200 Shares per application and the offer type is Fixed Price Issue.
The IPO opens on Mar 19, 2018 and closes on Mar 21, 2018.
Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Giriraj Civil Developers IPO opens on Mar 19, 2018 and closes on Mar 21, 2018.
Giriraj Civil Developers IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.
The finalization of Basis of Allotment for Giriraj Civil Developers IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Giriraj Civil Developers IPO allotment status.
Giriraj Civil Developers IPO lot size is 1200 Shares and the minimum order quantity is 1200 Shares.
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