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 Open	Nov 27, 2017 - Nov 30, 2017
Issue Type	Fixed Price Issue IPO
Issue Size	2,704,000 Eq Shares of Rs 10 (aggregating up to Rs 18.93 Cr)
Face Value	Rs 10 Per Equity Share
Issue Price	Rs 70 Per Equity Share
Market Lot
Min Order Quantity
Listing At	NSE 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

› Draft Prospectus
› Red Herring Prospectus

Shradha Infra IPO Rating

3.4

Rating:

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Shradha Infra IPO Listing Date

Listing Date	Monday, December 11, 2017
BSE Script Code
NSE Symbol	SHRADHA
Listing In
ISIN	INE715Y01015
Issue Price	Rs 70 Per Equity Share
Face Value	Rs 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

Dilip Davda - Other

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 Lead Manager(s)

Aryaman Financial Services limited

Lead Manager Reports

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Find Shradha Infra IPO Latest Update

Useful Articles

Shradha Infra IPO Review / Comments

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.

43. GANESH CHUCHUKONDA Dec 18, 2017 16:45

my pan no alloyed but physical card not received

42. MITESH t Dec 15, 2017 13:00

should we now sell ..trading at 70.10?????
at a loss

41. Kalpa Dec 11, 2017 13:49

Shradha infratech stock hold or sell
Pl reply

41.1. amit punjabi Dec 11, 2017 17:04

Hold 15days.. willbhet better return

40. MITESH t Dec 11, 2017 14:09

Shradha infratech stock hold or sell
Pl reply

40.1. Suresh Rai Dec 11, 2017 16:38

1 |

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 Dec 11, 2017 08:37

2 |

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 Dec 19, 2017 09:37

Hi why there is no movement in shradha infra any body has idea regarding that? Or any suggestion?

38. IPOTRIER Dec 11, 2017 08:30

LISTED NOW AT 71 BUY AND SELL @73.5-74.5. I DID SAME WITH FELIX

37. Sandeep kumar jain Dec 10, 2017 21:31

Listumg gai n must be 5rs

36. amit punjabi Dec 10, 2017 19:33

1 |

Guys, Tells hold give a big listing gain to all...

35. Sandeep kumar jain Dec 6, 2017 21:55

1 |

Its strange. 0/6.

35.1. Nayan.jain Dec 9, 2017 12:06

I HAVE ONE LOT WANT TO SELL ONE LOT

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.

34. Hexadecimal Dec 10, 2017 13:00

3 |

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 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.

33. Hexadecimal Dec 10, 2017 12:56

1 |

Please find herewith the comparison and actual price of Shradha Infraprojects (Nagpur) Ltd.

32. Sandeep kumar jain Dec 9, 2017 17:15

Listing day exit. Ho jaye long term hold n kre. Best of luck all.

31. VinShah Dec 7, 2017 23:27

Listing-Monday-11.12.17..All The Best..

30. MansuriG Dec 7, 2017 22:18

Listing kab he

29. MansuriG Dec 7, 2017 22:17

Listing kab he

28. RAJAKUMAR Dec 7, 2017 22:05

IPO Guru (1100+ Posts, 700+ Likes)

LISTING ON 8.12.17

27. IPO DADA Dec 7, 2017 20:07

If any body knows listing Date, plz share with me.

26. amit punjabi Dec 7, 2017 17:45

listing date pls and expected listing price

25. Mutyala Ramalingachowdary Dec 6, 2017 19:59

Listing date please

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