Giriraj Civil Developers Ltd IPO (Giriraj Civil Developers IPO) Detail

Mar 19, 2018 - Mar 21, 2018

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.

Company Promoters:

The promoters of the company are:

1. Mahesh Shah
2. Mamta Shah

Company Financials:

Summary of financial Information (Restated)
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

Objects of the Issue:

The object of the issue are to:

1. Repayment of unsecured loans;
2. Expenditure for general corporate purposes.

Giriraj Civil Developers IPO Details

Issue Open	Mar 19, 2018 - Mar 21, 2018
Issue Type	Fixed Price Issue IPO
Issue Size	900,000 Eq Shares of Rs 10 (aggregating up to Rs 9.00 Cr)
Face Value	Rs 10 Per Equity Share
Issue Price	Rs 100 Per Equity Share
Market Lot	1200 Shares
Min Order Quantity	1200 Shares
Listing At	NSE SME

Giriraj Civil Developers IPO Subscription Status (Bidding Detail)

Giriraj Civil Developers IPO how much subscribed?
	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

Giriraj Civil Developers IPO Prospectus

› Red Herring Prospectus

Giriraj Civil Developers IPO Rating

2.3

Rating:

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Giriraj Civil Developers IPO Listing Date

Listing Date	Monday, April 2, 2018
BSE Script Code
NSE Symbol	GIRIRAJ
Listing In
ISIN	INE614Z01017
Issue Price	Rs 100 Per Equity Share
Face Value	Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume

	NSE SME
Issue Price:	Rs 100.00
Open:	Rs 101.00
Low:	Rs 100.10
High:	Rs 101.00
Last Trade:	Rs 100.10
Volume:	190,800

Giriraj Civil Developers IPO Reviews / Ratings

Dilip Davda - Other

Company Contact Information

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

Giriraj Civil Developers IPO Registrar

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 Lead Manager(s)

Aryaman Financial Services limited

Lead Manager Reports

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