|
|
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 Opening Date | Mar 19, 2018 |
| IPO Closing Date | Mar 21, 2018 |
| Issue Type | Fixed Price Issue IPO |
| 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 |
| Issue Size | 900,000 Eq Shares of ₹10 (aggregating up to ₹9.00 Cr) |
The Giriraj Civil Developers IPO market lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹120,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1200 | ₹120,000 |
| Maximum | 1 | 1200 | ₹120,000 |
The Giriraj Civil Developers IPO is subscribed 1.16 times on Mar 21, 2018 17:00. The public issue subscribed 1.36 in the retail category, in the QIB category, and 0.96 in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 0.96 |
| RII | 1.36 |
| Total | 1.16 |
| 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
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 is priced at ₹100 per equity share. The minimum order quantity is 1200 Shares.
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 lot size is 1200 Shares and the minimum order quantity is 1200 Shares.
You can apply in Giriraj Civil Developers 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 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.
Useful Articles
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
IPO Guru (1900+ Posts, 1500+ Likes)
Even good sme ipo are not performing in current markets.