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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 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.
| Shashijit Infraprojects IPO Date | Sep 30, 2016 to Oct 6, 2016 |
| Shashijit Infraprojects IPO Face Value | ₹10 per share |
| Shashijit Infraprojects IPO Price | ₹15 per share |
| Shashijit Infraprojects IPO Lot Size | 8000 Shares |
| Issue Size | 2,328,000 shares of ₹10 (aggregating up to ₹3.49 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | The promoters of the company are: 1. Ajit Jain |
The Shashijit Infraprojects IPO lot size is 8000 shares. A retail-individual investor can apply for up to 1 lots (8000 shares or ₹120,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 8000 | ₹120,000 |
| Maximum | 1 | 8000 | ₹120,000 |
Inconsistency in performance raises concern. However, risk savvy cash surplus investors may consider long term investment as infra sector is set for a big push ahead. Read detail review...
| Listing Date | Monday, October 17, 2016 |
| BSE Script Code | 540147 |
| NSE Symbol | |
| Listing In | M Group of Securities |
| ISIN | INE700V01013 |
| IPO Price | ₹15 per share |
| Face Value | ₹10 per share |
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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
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 is priced at ₹15 per share. The minimum order quantity is 8000 Shares.
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 lot size is 8000 Shares and the minimum order quantity is .
You can apply in Shashijit Infraprojects 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 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.
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