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

IPO DateNov 27, 2017 - Nov 30, 2017
Issue TypeFixed Price Issue IPO
Issue Size2,704,000 Eq Shares of ₹10
(aggregating up to ₹18.93 Cr)
Face Value₹10 Per Equity Share
IPO Price₹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

Vote Here ...

Shradha Infra IPO Listing Date

Listing DateMonday, December 11, 2017
BSE Script Code
NSE SymbolSHRADHA
Listing In
ISININE715Y01015
IPO Price₹70 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
NSE SME
IPO Price:₹70.00
Open:₹69.80
Low:₹68.00
High:₹72.00
Last Trade:₹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

Shradha Infra IPO FAQs

  1. 1. What is Shradha Infra IPO?

    Shradha Infra IPO is a SME IPO of 2,704,000 equity shares of the face value of ₹10 aggregating up to ₹18.93 Crores.

    The issue price of the IPO is ₹70 Per Equity Share. The minimum order quantity is per application and the offer type is Fixed Price Issue.

    The IPO opens on Nov 27, 2017 and closes on Nov 30, 2017.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

  2. 2. When Shradha Infra IPO will open?

    The Shradha Infra IPO opens on Nov 27, 2017 and closes on Nov 30, 2017.

  3. 3. How to apply for Shradha Infra IPO?

    Shradha Infra 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.

  4. 4. When Shradha Infra IPO allotment?

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

  5. 5. When is Shradha Infra IPO listing date?

    The Shradha Infra IPO listing date is on Monday, December 11, 2017, at NSE SME.
  6. 6. What is the lot size of Shradha Infra IPO?

    Shradha Infra IPO lot size and the minimum order quantity is not available at this time. Please check again later.

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Shradha Infra IPO Review / Comments

DashPra
44. DashPra  Dec 23, 2017 10:48
This stock doesn''t moving over a long time. Can one expect gain from this stock ? Or better to exit. Suggestion please.
GANESH CHUCHUKONDA
43. GANESH CHUCHUKONDA  Dec 18, 2017 16:45
my pan no alloyed but physical card not received
MITESH t
42. MITESH t  Dec 15, 2017 13:00
should we now sell ..trading at 70.10?????
at a loss
Kalpa
41. Kalpa  Dec 11, 2017 13:49
Shradha infratech stock hold or sell
Pl reply
amit punjabi
41.1. amit punjabi  Dec 11, 2017 17:04
Hold 15days.. willbhet better return
MITESH t
40. MITESH t  Dec 11, 2017 14:09
Shradha infratech stock hold or sell
Pl reply
Suresh Rai
40.1. Suresh Rai  Dec 11, 2017 16:38
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.

AJT
39. AJT  Dec 11, 2017 08:37
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.
Kalpa
39.1. Kalpa  Dec 19, 2017 09:37
Hi why there is no movement in shradha infra any body has idea regarding that? Or any suggestion?
IPOTRIER
38. IPOTRIER  Dec 11, 2017 08:30
LISTED NOW AT 71 BUY AND SELL @73.5-74.5. I DID SAME WITH FELIX
Sandeep kumar jain
37. Sandeep kumar jain  Dec 10, 2017 21:31
Listumg gai n must be 5rs
amit punjabi
36. amit punjabi  Dec 10, 2017 19:33
Guys, Tells hold give a big listing gain to all...
Sandeep kumar jain
35. Sandeep kumar jain  Dec 6, 2017 21:55
Its strange. 0/6.
Nayan.jain
35.1. Nayan.jain  Dec 9, 2017 12:06
I HAVE ONE LOT WANT TO SELL ONE LOT
AJT
35.2. AJT  Dec 10, 2017 18:08
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.
Hexadecimal
34. Hexadecimal  Dec 10, 2017 13:00
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
AJT
34.1. AJT  Dec 10, 2017 17:54
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.
Hexadecimal
33. Hexadecimal  Dec 10, 2017 12:56
Please find herewith the comparison and actual price of Shradha Infraprojects (Nagpur) Ltd.

shraddha
Sandeep kumar jain
32. Sandeep kumar jain  Dec 9, 2017 17:15
Listing day exit. Ho jaye long term hold n kre. Best of luck all.
VinShah
31. VinShah  Dec 7, 2017 23:27
Listing-Monday-11.12.17..All The Best..
MansuriG
30. MansuriG  Dec 7, 2017 22:18
Listing kab he
MansuriG
29. MansuriG  Dec 7, 2017 22:17
Listing kab he
RAJAKUMAR
28. RAJAKUMAR  Dec 7, 2017 22:05
IPO Guru IPO Guru (1300+ Posts, 900+ Likes)
LISTING ON 8.12.17
IPO DADA
27. IPO DADA  Dec 7, 2017 20:07
If any body knows listing Date, plz share with me.
amit punjabi
26. amit punjabi  Dec 7, 2017 17:45
listing date pls and expected listing price
Mutyala Ramalingachowdary
25. Mutyala Ramalingachowdary  Dec 6, 2017 19:59
Listing date please






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