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.

Shradha Infra IPO Details

IPO Date Nov 27, 2017 to Nov 30, 2017
Listing Date Dec 11, 2017
Face Value ₹10 per share
Price ₹70 per share
Lot Size
Total Issue Size2,704,000 shares
(aggregating up to ₹18.93 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME

Shradha Infra IPO Reservation

Anchor Investor Shares Offered-
Market Maker Shares Offered-
Other Shares Offered1,352,000 (50.00%)
Retail Shares Offered1,352,000 (50.00%)
Total Shares Offered2,704,000 (100%)

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 Review (May apply)

[Dilip Davda]  Although pricing is competitive against its peers, cash surplus risk savvy investors may consider investment for long term in this region centric infra Sector Company. Read detail review...

Shradha Infra IPO Subscription Status (Bidding Detail)

The Shradha Infra IPO is subscribed times on Nov 28, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Shradha Infra IPO Prospectus

Shradha Infra IPO Rating

Rating:Rated 3.4 stars
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Shradha Infra IPO Listing Details

Listing Date Dec 11, 2017
BSE Script Code
ISIN INE715Y01015
Final Issue Price ₹70 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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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

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

Shradha Infra IPO Analysis

Shradha Infra IPO Recommendation Summary

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Members 0 0 0

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Shradha Infra IPO FAQs

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 is priced at ₹70 per share. The minimum order quantity is .

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.

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

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

You can apply in Shradha Infra 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 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.

The Shradha Infra IPO listing date is on Dec 11, 2017.
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Shradha Infra IPO Message Board

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44. DashPra |   Link |Dec 23, 2017 10:48:59 AM
This stock doesn''t moving over a long time. Can one expect gain from this stock ? Or better to exit. Suggestion please.
43. GANESH CHUCHUKONDA |   Link |Dec 18, 2017 4:45:57 PM
my pan no alloyed but physical card not received
42. MITESH t |   Link |Dec 15, 2017 1:00:37 PM
should we now sell ..trading at 70.10?????
at a loss
41. Kalpa |   Link |Dec 11, 2017 1:49:01 PM
Shradha infratech stock hold or sell
Pl reply
41.1. amit punjabi |   Link |Dec 11, 2017 5:04:43 PM
Hold 15days.. willbhet better return
40. MITESH t |   Link |Dec 11, 2017 2:09:27 PM
Shradha infratech stock hold or sell
Pl reply
40.1. Suresh Rai |   Link |Dec 11, 2017 4:38:32 PM
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.

39. AJT |   Link |Dec 11, 2017 8:37:03 AM
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.
39.1. Kalpa |   Link |Dec 19, 2017 9:37:46 AM
Hi why there is no movement in shradha infra any body has idea regarding that? Or any suggestion?
38. IPOTRIER |   Link |Dec 11, 2017 8:30:12 AM
37. Sandeep kumar jain |   Link |Dec 10, 2017 9:31:06 PM
Listumg gai n must be 5rs
36. amit punjabi |   Link |Dec 10, 2017 7:33:48 PM
Guys, Tells hold give a big listing gain to all...
35. Sandeep kumar jain |   Link |Dec 6, 2017 9:55:07 PM
Its strange. 0/6.
35.1. Nayan.jain |   Link |Dec 9, 2017 12:06:59 PM
35.2. AJT |   Link |Dec 10, 2017 6:08:11 PM
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.
34. Hexadecimal |   Link |Dec 10, 2017 1:00:06 PM
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
34.1. AJT |   Link |Dec 10, 2017 5:54:13 PM
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.
33. Hexadecimal |   Link |Dec 10, 2017 12:56:32 PM
Please find herewith the comparison and actual price of Shradha Infraprojects (Nagpur) Ltd.

32. Sandeep kumar jain |   Link |Dec 9, 2017 5:15:19 PM
Listing day exit. Ho jaye long term hold n kre. Best of luck all.
31. VinShah |   Link |Dec 7, 2017 11:27:50 PM
Listing-Monday-11.12.17..All The Best..
30. MansuriG |   Link |Dec 7, 2017 10:18:07 PM
Listing kab he
29. MansuriG |   Link |Dec 7, 2017 10:17:39 PM
Listing kab he
28. RAJAKUMAR |   Link |Dec 7, 2017 10:05:22 PM (1400+ Posts, 1200+ Likes)
LISTING ON 8.12.17
27. IPO DADA |   Link |Dec 7, 2017 8:07:55 PM
If any body knows listing Date, plz share with me.
26. amit punjabi |   Link |Dec 7, 2017 5:45:54 PM
listing date pls and expected listing price
25. Mutyala Ramalingachowdary |   Link |Dec 6, 2017 7:59:19 PM
Listing date please