Incorporated in 1991, Shashijit Infraprojects Ltd constructs, builds, and develops industrial infrastructure facilities, driveways, public utilities, powerhouse buildings, factories, and other immovable properties. The company is headquartered in Vapi, India.
They have executed various industrial and residential projects in Gujarat particularly in Vapi, Surat, Silvassa and Union Territory Daman.
The promoters of the company are:
1. Ajit Jain
The object to the Issue are to:
1. Fund the purchase of Machinery, Scaffolding equipment;
2. Repayment of loan;
3. Working Capital requirements; and
4. General Corporate Purposes.
| IPO Date | Sep 30, 2016 - Oct 6, 2016 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 2,328,000 Eq Shares of ₹10 (aggregating up to ₹3.49 Cr) |
| Face Value | ₹10 Per Equity Share |
| IPO Price | ₹15 Per Equity Share |
| Market Lot | 8000 Shares |
| Min Order Quantity | 8000 Shares |
| Listing At | BSE SME |
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 8000 | ₹120,000 |
| Maximum | 1 | 8000 | ₹120,000 |
| Listing Date | Monday, October 17, 2016 |
| BSE Script Code | 540147 |
| NSE Symbol | |
| Listing In | M |
| ISIN | INE700V01013 |
| IPO Price | ₹15 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
|
|
Shashijit Infraprojects Ltd
Plot No. 209, Shop No. 23,
2nd Floor, Girnar Khushboo Plaza,
GIDC, Vapi – 396195
Phone: +91 260 2432963
Email: investors @ shashijitinfraprojects.com
Website: http://www.shashijitinfraprojects.com
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Shashijit Infraprojects IPO is a SME IPO of 2,328,000 equity shares of the face value of ₹10 aggregating up to ₹3.49 Crores.
The issue price of the IPO is ₹15 Per Equity Share. The minimum order quantity is 8000 Shares per application and the offer type is Fixed Price Issue.
The IPO opens on Sep 30, 2016 and closes on Oct 6, 2016.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Shashijit Infraprojects IPO opens on Sep 30, 2016 and closes on Oct 6, 2016.
Shashijit Infraprojects 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 Shashijit Infraprojects IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Shashijit Infraprojects IPO allotment status.
Shashijit Infraprojects IPO lot size is 8000 Shares and the minimum order quantity is 8000 Shares.
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