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Shradha Infraprojects (Nagpur) Limited IPO (Shradha Infra IPO) Detail

Nov 27, 2017 - Nov 30, 2017

Incorporated in 1997, Shardha Infraprojects (Nagpur) Private Limited is a Nagpur based real estate development company, engaged in the business of development and sale of residential as well as commercial properties and the development and leasing of commercial properties. Company is primarily operating in Nagpur focused on premium developments with presence in residential, Commercial and hospitality in mixed-use and single-segment developments.

Shardha Infra is primarily engaged in 2 business segments:

1. Development Business

The Development Business includes activities related to residential real estate development, from the identification and acquisition of land through to the planning, execution and sales of the development projects. The residential properties include plotted developments, houses and apartments of varying sizes. The Development Business also consists of the development and sale of certain commercial properties.

2. Lease Business

The Lease Business involves leasing of the commercial properties. The commercial properties include corporate offices and educational institutions.

Company Promoters:

Mr. Sunil Raisoni and Riaan Diagonistic Private Limited are the promoters of the company.

Objects of the Issue:

Company intends to utilise the Net Proceeds for the following objects:
(a) Investment in Suntech Infraestate Nagpur Private Limited to part finance the construction and development of Residential and Commercial Project “Victoria II”;
(b) Acquisition of Land or Land Development Rights; and
(c) General Corporate Purposes.

Shradha Infra IPO Details

Issue OpenNov 27, 2017 - Nov 30, 2017
Issue TypeFixed Price Issue IPO
Issue Size2,704,000 Eq Shares of Rs 10
(aggregating up to Rs 18.93 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 70 Per Equity Share
Market Lot
Min Order Quantity
Listing AtNSE SME

Shradha Infra IPO Subscription Status (Bidding Detail)

Shradha Infra IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

1,352,000

1,352,000

2,704,000

Nov 28, 2017 17:00

Shradha Infra IPO Prospectus

Shradha Infra IPO Rating

99
3.4
Rating:Rated 3.4 stars

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Shradha Infra IPO Listing Date

Listing DateMonday, December 11, 2017
BSE Script Code
NSE SymbolSHRADHA
Listing In
ISININE715Y01015
Issue PriceRs 70 Per Equity Share
Face ValueRs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
NSE SME
Issue Price:Rs 70.00
Open:Rs 69.80
Low:Rs 68.00
High:Rs 72.00
Last Trade:Rs 70.25
Volume:934,000

Shradha Infra IPO Reviews / Ratings

Company Contact Information

Shradha Infraprojects (Nagpur) Limited
Shradha House,
Near Shri Mohini Complex, Kingsway,
Block No. F/8, Nagpur - 440 001

Phone: +91 712 6617181
Email: investorinfo@shradhainfra.in
Website: https://shradhainfra.in/

Shradha Infra IPO Registrar

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

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Shradha Infra IPO Review / Comments

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44. DashPra  Dec 23, 2017 10:48 I Like It. | Report Abuse
This stock doesn''t moving over a long time. Can one expect gain from this stock ? Or better to exit. Suggestion please.
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43. GANESH CHUCHUKONDA  Dec 18, 2017 16:45 I Like It. | Report Abuse
my pan no alloyed but physical card not received
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42. MITESH t  Dec 15, 2017 13:00 I Like It. | Report Abuse
should we now sell ..trading at 70.10?????
at a loss
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41. Kalpa  Dec 11, 2017 13:49 I Like It. | Report Abuse
Shradha infratech stock hold or sell
Pl reply
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41.1. amit punjabi  Dec 11, 2017 17:04 I Like It. | Report Abuse
Hold 15days.. willbhet better return
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40. MITESH t  Dec 11, 2017 14:09 I Like It. | Report Abuse
Shradha infratech stock hold or sell
Pl reply
avatar
40.1. Suresh Rai  Dec 11, 2017 16:38 I Like It. 1 | Report Abuse
The accumulation in this scrip is going on. Once Weak hands exit, price start moving upwards. It might also go below issue price to take out shares from slightly stronger hands during one two week. . After that, It will rise by leaps and bounds.

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39. AJT  Dec 11, 2017 08:37 I Like It. 2 | Report Abuse
Weak hands are exiting the stock. Hold for 3 months and this stock will surely double. Hold for long term and this is a multibagger. Sellers are doing a big mistake here.
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39.1. Kalpa  Dec 19, 2017 09:37 I Like It. | Report Abuse
Hi why there is no movement in shradha infra any body has idea regarding that? Or any suggestion?
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38. IPOTRIER  Dec 11, 2017 08:30 I Like It. | Report Abuse
LISTED NOW AT 71 BUY AND SELL @73.5-74.5. I DID SAME WITH FELIX
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37. Sandeep kumar jain  Dec 10, 2017 21:31 I Like It. | Report Abuse
Listumg gai n must be 5rs
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36. amit punjabi  Dec 10, 2017 19:33 I Like It. 1 | Report Abuse
Guys, Tells hold give a big listing gain to all...
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35. Sandeep kumar jain  Dec 6, 2017 21:55 I Like It. 1 | Report Abuse
Its strange. 0/6.
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35.1. Nayan.jain  Dec 9, 2017 12:06 I Like It. | Report Abuse
I HAVE ONE LOT WANT TO SELL ONE LOT
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35.2. AJT  Dec 10, 2017 18:08 I Like It. | Report Abuse
Most likely you can get this share at issue price or even lower from the market on Monday, the listing day, because the initial movement depends on the subscription figures and analysts ratings. Most analysts have given avoid or neutral rating. Analysts have failed to notice the intrinsic strength of this debt free and cash rich realty Company from a great and successful promoter. It is hard to find safe SMEs like this. Hold for a while and this stock will easily double.
avatar
34. Hexadecimal  Dec 10, 2017 13:00 I Like It. 3 | Report Abuse
The ideal price on most conservative comparison for this company is Rs. 124/- per share.
Rs. in crore
Company Name       Networth      FV      EPS      CMP      P/E      B.V (`)      PBV      RONW (%)      MCAP (cr)
                                    
Pushpanjali Realms (SME)      29.1      10      2.66      78      29.32      29.07      2.68      9.28      78
Ashiana Housing      723.38      2      6.55      171.4      26.17      70.68      2.43      9.27      1754.31
Shradha (Post issue)      50.95      10      6.22      70      11.25      52.84      1.32      11.78      67.50
Shradha @ assumed PE =20      50.95      10      6.22      124      20.00      52.84      2.36      11.78      120.00
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34.1. AJT  Dec 10, 2017 17:54 I Like It. | Report Abuse
Great comparison. It is also important to note that unlike most other realty Companies which is debt ridden, Shradha is debt free and cash rich.
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33. Hexadecimal  Dec 10, 2017 12:56 I Like It. 1 | Report Abuse
Please find herewith the comparison and actual price of Shradha Infraprojects (Nagpur) Ltd.

shraddha
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32. Sandeep kumar jain  Dec 9, 2017 17:15 I Like It. | Report Abuse
Listing day exit. Ho jaye long term hold n kre. Best of luck all.
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31. VinShah  Dec 7, 2017 23:27 I Like It. | Report Abuse
Listing-Monday-11.12.17..All The Best..
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30. MansuriG  Dec 7, 2017 22:18 I Like It. | Report Abuse
Listing kab he
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29. MansuriG  Dec 7, 2017 22:17 I Like It. | Report Abuse
Listing kab he
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28. RAJAKUMAR  Dec 7, 2017 22:05 I Like It. | Report Abuse
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
LISTING ON 8.12.17
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27. IPO DADA  Dec 7, 2017 20:07 I Like It. | Report Abuse
If any body knows listing Date, plz share with me.
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26. amit punjabi  Dec 7, 2017 17:45 I Like It. | Report Abuse
listing date pls and expected listing price
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25. Mutyala Ramalingachowdary  Dec 6, 2017 19:59 I Like It. | Report Abuse
Listing date please



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