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.
Mr. Sunil Raisoni and Riaan Diagonistic Private Limited are the promoters of the company.
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.
| IPO Date | Nov 27, 2017 - Nov 30, 2017 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 2,704,000 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 At | NSE SME |
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 | |||
| Listing Date | Monday, December 11, 2017 |
| BSE Script Code | |
| NSE Symbol | SHRADHA |
| Listing In | |
| ISIN | INE715Y01015 |
| IPO Price | ₹70 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
|
|
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/
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 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.
The Shradha Infra IPO opens on Nov 27, 2017 and closes on Nov 30, 2017.
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.
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.
Shradha Infra IPO lot size and the minimum order quantity is not available at this time. Please check again later.
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