Shreeshay Engineers Ltd IPO (Shreeshay Engineers IPO) Detail

Mar 9, 2018 - Mar 13, 2018

Incorporated in 2006, Shreeshay Engineers Limited (SEL) is a real estate construction and engineering company engaged in providing supply of materials, designing and contracting capabilities as well as construction project management services. Company is a part of the DKP Group which has large presence in the real estate market in and around Mumbai.

Company has developed around 90,000 sq. ft of built up real estate vide project(s) named “Kailas Jyoti I” and “Kailas Jyoti II” at Ghatkopar, Mumbai. Thave recently entered into works contract for construction of real estate project “Kailas Nagar”.

Company Financials

Summary of financial Information (Restated Standalone)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 140.46 128.36 124.85 124.40 137.41
Total Revenue 22.17 9.90 10.19 10.78 9.79
Profit After Tax 15.58 4.43 4.44 (4.54) (3.83)

Objects of the Issue

The object of the issue are to:

1. Funding Working Capital Requirement; and
2. Funding expenditure for General Corporate Purposes.

Shreeshay Engineers IPO Details

IPO Date Mar 9, 2018 to Mar 13, 2018
Listing Date Wednesday, March 21, 2018
Face Value ₹10 per share
Price ₹13 per share
Lot Size 8000 Shares
Issue Size3,600,000 shares of ₹10
(aggregating up to ₹5.40 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

The promoters of the company are:

1. Mr. Bhogin D Patel
2. Mr. Kishore D Patel

Shreeshay Engineers IPO Lot Size

The Shreeshay Engineers IPO lot size is 8000 shares. A retail-individual investor can apply for up to 1 lots (8000 shares or ₹104,000).

Application Lots Shares Amount
Retail (Min) 1 8000 ₹104,000
Retail (Max) 1 8000 ₹104,000

Shreeshay Engineers IPO Review

Shreeshay Engineers SME IPO is an aggressively priced issue. There is no harm in giving this a miss. Read detail review...

Shreeshay Engineers IPO Subscription Status (Bidding Detail)

The Shreeshay Engineers IPO is subscribed 1.11 times on Mar 13, 2018 5:00:00 PM. The public issue subscribed 1.00 times in the retail category, times in the QIB category, and 1.22 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Shreeshay Engineers IPO Prospectus

Shreeshay Engineers IPO Rating

Rating:Rated 3.0 stars
Vote Here ...

Shreeshay Engineers IPO Listing Date

Listing Date Wednesday, March 21, 2018
BSE Script Code 541112
NSE Symbol
Listing In MT Group of Securities
ISIN INE452Z01012
IPO Price ₹13 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Shreeshay Engineers Ltd
501 Kailas Plaza VB Lane,
Ghatkopar East,
Mumbai - 400077
Phone: + 91-22-25082300/2400

Shreeshay Engineers IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Shreeshay Engineers IPO Review

Shreeshay Engineers IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

IPO Broker Recommendations

Shreeshay Engineers IPO FAQs

Shreeshay Engineers IPO is a SME IPO of 3,600,000 equity shares of the face value of ₹10 aggregating up to ₹5.40 Crores. The issue is priced at ₹13 per share. The minimum order quantity is 8000 Shares.

The IPO opens on Mar 9, 2018, and closes on Mar 13, 2018.

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

The Shreeshay Engineers IPO opens on Mar 9, 2018 and closes on Mar 13, 2018.

Shreeshay Engineers IPO lot size is 8000 Shares and the minimum order quantity is .

You can apply in Shreeshay Engineers 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

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

The Shreeshay Engineers IPO listing date is on Wednesday, March 21, 2018.
Open an Instant Account with Zerodha

Shreeshay Engineers IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



10. Sinewave |   Link |Mar 22, 2018 4:52:12 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Really a wonderful listing.
At par subscription can also give good profit in such a bad market sentiments.
It is beauty of SPOS, where LM care atleast to list above issue price
10.1. Sinewave |   Link |Mar 22, 2018 4:54:51 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Once sustained than no panic selling.
Sarveshwar LM was careless and didn't cared. Investors lost in good issue and earned in an average issue. No one is perfect in stock market.
9. share blaster |   Link |Mar 22, 2018 10:23:51 AM
current price is 15.30 (20000) profit
jisko na pta ho company ka apni opinion na de vo
8. Allan |   Link |Mar 15, 2018 4:41:54 PM
Top Contributor Top Contributor (200+ Posts)
Aryaman .....jhahhahahahhahhahahhahahhahahahhah hahahhahahahhahah
7. S Patel |   Link |Mar 14, 2018 9:55:38 AM
100% it will list in discount.. exit when you get chance..
6. IPOANALYSIS |   Link |Mar 13, 2018 10:50:15 AM
Only foolish people will apply. It''s fair value is 2 rs
5. IPO Success |   Link |Mar 9, 2018 7:10:10 AM
Don''t apply in any upcoming SME! Only Retail individuals will participate, thus no demand on listing. Only Flat or discount opening possible!
Even fundamental wise this is not a good IPO.
4. DownriteVJ |   Link |Mar 7, 2018 4:38:15 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
3. AKMP |   Link |Mar 6, 2018 12:19:34 PM
Forget it
Don''t take even if given FREE
3.1. Riaz Khatri |   Link |Mar 7, 2018 3:22:19 PM
2. IPOANALYSIS |   Link |Mar 6, 2018 10:33:43 AM
Don''t even look at this sme
Aryaman all last issues have either gone down or at same price. It is useless to apply. Only apply if u want ur money to be halved
1. TOPS |   Link |Mar 5, 2018 7:58:40 PM
Umang your view on the issue