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Incorporated in 2009, India Green Reality Ltd is a Ahmedabad, Gujarat based real estate company engaged in the business of development and sale of residential and commercial properties, including identification and acquisition of land, development of land, acquisition of development rights of projects, and marketing of projects/land. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.Their residential projects include townships, bungalows, resorts, club houses, and other residential projects; and commercial projects comprise resorts, retail, and hospitality projects.
Currently, the company is having three diversified projects at West Bengal and Gujarat and focusing on opportunities to build its brand in these two states. Visit chittorgarh.com for more detail.IGRL is building bungalows of varying sizes with focus on affordable pricing at Sonarpur-Kolkata and Shantiniketan -Bolpur, both projects in the state of West Bengal. It is developing and selling plot of land and constructing bungalows as well at Nal Sarover, Gujarat. Its forthcoming projects are at Jaisalmer-Rajasthan, and Sasan Gir-Gujarat.
The objects of the Issue are:
1. To meet the working capital requirements;
2. General Corporate Purposes;
3. Issue Expenses.
| India Green Reality IPO Date | Sep 30, 2016 to Oct 6, 2016 |
| India Green Reality IPO Face Value | ₹10 per share |
| India Green Reality IPO Price | ₹30 per share |
| India Green Reality IPO Lot Size | 4000 Shares |
| Issue Size | 3,460,000 shares of ₹10 (aggregating up to ₹10.38 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | The promoters of the company are: 1. Vinodkumar M Thaker |
The India Green Reality IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹120,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹120,000 |
| Maximum | 1 | 4000 | ₹120,000 |
This IPO can be termed as “High Risk – Low yield bet” as sudden push in top line and bottom line in the last fiscal raising concern. Only cash surplus risk savvy investors may consider investment for long term. Read detail review...
India Green Reality IPO Recommendation by Members India Green Reality IPO Recommendations Details | Post Recommendation | Manage Recommendations
| Subscribe | Neutral | Avoid |
|---|---|---|
| 0 | 0 | 0 |
No Record Found.
| Listing Date | Tuesday, October 18, 2016 |
| BSE Script Code | 540152 |
| NSE Symbol | |
| Listing In | MT Group of Securities |
| ISIN | INE373V01019 |
| IPO Price | ₹30 per share |
| Face Value | ₹10 per share |
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India Green Reality Ltd
12, Sat yam Mall,
Jodhpur Char Rasta,
Satellite, Ahmedabad - 380015
Phone: +91-79-40096471
Email: info@indiagreenreality.com
Website: http://www.indiagreenreality.com
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: indiagreen.ipo@karvy.com
Website: https://karisma.kfintech.com/
India Green Reality IPO is a SME IPO of 3,460,000 equity shares of the face value of ₹10 aggregating up to ₹10.38 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000 Shares.
The IPO opens on Sep 30, 2016, and closes on Oct 6, 2016.
KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The India Green Reality IPO opens on Sep 30, 2016 and closes on Oct 6, 2016.
India Green Reality IPO lot size is 4000 Shares and the minimum order quantity is .
You can apply in India Green Reality 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 India Green Reality IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the India Green Reality IPO allotment status.
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