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Pansari Developers Limited IPO (Pansari Developers IPO) Detail

September 30, 2016 - October 6, 2016

Pansari Developers IPO is a fixed price issue of Rs 10.19 crores.

Pansari Developers IPO bidding started from September 30, 2016 and ended on October 6, 2016. The shares got listed on NSE SME on October 18, 2016.

Pansari Developers IPO price is ₹22 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹132,000.

Hem Securities Limited is the book running lead manager of the Pansari Developers IPO, while Link Intime India Private Ltd is the registrar for the issue.

Pansari Developers IPO Details

IPO Date September 30, 2016 to October 6, 2016
Listing Date October 18, 2016
Face Value ₹10 per share
Price ₹22 per share
Lot Size 6000 Shares
Total Issue Size4,632,000 shares
(aggregating up to ₹10.19 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME

Pansari Developers IPO Lot Size

Investors can bid for a minimum of 6000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 6000 ₹132,000
Retail (Max) 1 6000 ₹132,000
Lot Size Calculator

About Pansari Developers Limited

Incorporated in 1996, Pansari Developers is Kolkata, West Bengal based integrated construction and real estate development company, focused primarily on construction and development of residential and commercial projects, in and around Kolkata. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.

Company's projects are marketed under the brand name of “Purti” such as Purti flower, Purti planet, Purti nest, Purti perch, Purti jewel, and Delux Mall. Visit chittorgarh.com for more detail.

Competitive Strengths:
1. Sizeable and diverse portfolio of projects in Kolkata, West Bengal
2. An established Brand name and execution track record
3. Experienced Promoters and efficient Management Team
4. Financial resources
5. Quality Assurance and Standards

Objects of the Issue (Pansari Developers IPO Objectives)

Company intend to utilize the proceeds of the Issue to meet the following objects:

1. To meet Working Capital Requirement
2. General Corporate Expenses, and
3. To Meet the Issue Expenses

Pansari Developers IPO Review (Apply)

[Dilip Davda]  Falling trends in top and bottom line is the major concern. However, cash surplus risk savvy investors may consider long term investment for this issue. Read detail review...

Pansari Developers IPO Prospectus

Pansari Developers IPO Rating

12
2.8
Rating:Rated 2.8 stars
Vote Here ...

Pansari Developers IPO Listing Details

Listing Date October 18, 2016
BSE Script Code
NSE Symbol PANSARI
ISIN INE697V01011
Final Issue Price ₹22 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹22.00
₹22.00
₹21.00
₹24.50
₹22.90

Check IPO Performance…

Pansari Developers Limited Contact Details

Pansari Developers Limited
14, N.S. Road, 4th Floor,
Kolkata,
West Bengal-700001, India
Phone: +91-033-40050500
Email: info@pansaridevelopers.com
Website: http://www.pansaridevelopers.com

Pansari Developers IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: pdl.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

Pansari Developers IPO - Buy or Not

Pansari Developers IPO Recommendation Summary

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Brokers 1 0 0
Members 0 0 0

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Pansari Developers IPO FAQs

Pansari Developers IPO is a SME IPO of 4,632,000 equity shares of the face value of ₹10 aggregating up to ₹10.19 Crores. The issue is priced at ₹22 per share. The minimum order quantity is 6000 Shares.

The IPO opens on September 30, 2016, and closes on October 6, 2016.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Pansari Developers IPO opens on September 30, 2016 and closes on October 6, 2016.

Pansari Developers IPO lot size is 6000 Shares, and the minimum amount required is ₹132,000.

You can apply in Pansari 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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

The Pansari Developers IPO listing date is on October 18, 2016.
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Pansari Developers IPO Message Board

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5 Comments

4. priyank murarka |   Link |  Bookmark |September 30, 2016 10:28:12 AM
Hello frnds..
I am new in this forum, so any criticism is welcome on my comment

This IPO is reasonably priced and chances of return is higher as compared to loss..
I am subscribing being a Kolkata resident as they are branded and reputed here and since I am engaged as employee in another development company I understand real estate.

Thanks
3. AAN |   Link |  Bookmark |September 28, 2016 10:19:52 AM
Can I apply for this IPO only for listing gain it may be of only 1rupee per share
2. STOCKT |   Link |  Bookmark |September 27, 2016 3:18:16 PM
ANOTHER FLOP SME FROM HEM.

WHY ARE PEOPLE STILL SUBSCRIBE TO NEW SME WHEN LAST 11 OUT OF 12 SME HAVE LISTED AT DISCOUNT.

I WOULD REQUEST EVERYONE NOT TO APPLY ON ANY NEW SME.

U WOULD LOOSE MONEY IN ALL NEW SME IPO THAT ARE COMING.

IF YOU CHECK THERE IS A HURRY TO GET THEM LISTED AND OPENING AT ALMOST SAME TIME.

PLEASE CHECK PERFORMANCE OF ALL RECENT NEW SME LISTED.

JUST IMAGINE OUT OF 12 RECENT SME 11 ARE RULING EBLWO ISSUE PRICE NOW.

EVEN GOOD RATED SME LIKE CROWN LIFTERS AND ADVANCE SYNTEX ARE BELOW ISSUE PRICE NOW

STAY AWAY AND PROTECT UR CAPITAL OR BUY OLDER GOOD SME WHICH ARE ALREADY LISTED AND AVAILABLE CHEAP.


LETS BOYCOTT ALL NEW SME . ALL NEW SME WHETHER THEY ARE FROM PANTHOMATH,SARTHI,ARYAMAN HAVE ALL GONE DOWN.

PLEASE BOYCOTT ALL NEW SME THAT ARE COMING.
1. KAUSHIKI |   Link |  Bookmark |September 27, 2016 1:38:17 PM
dear sir,

many experts are advising to avoid SME IPO.

but i would like to know the reasons behind it and details of SME IPO from your forum.

pl. do the needful.
1.1. DURAI GOUNDER |   Link |  Bookmark |September 27, 2016 5:33:29 PM
Investment amount is more So risk is more