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Shreeshay Engineers Ltd IPO (Shreeshay Engineers IPO) Detail

March 9, 2018 - March 13, 2018

Shreeshay Engineers IPO is a fixed price issue of Rs 5.40 crores.

Shreeshay Engineers IPO bidding started from March 9, 2018 and ended on March 13, 2018. The shares got listed on BSE SME on March 21, 2018.

Shreeshay Engineers IPO price is ₹13 per share. The minimum lot size for an application is 8000 Shares. The minimum amount of investment required by retail investors is ₹104,000.

Aryaman Financial Services Limited is the book running lead manager of the Shreeshay Engineers IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Shreeshay Engineers IPO RHP for detailed information.

Shreeshay Engineers IPO Details

IPO Date March 9, 2018 to March 13, 2018
Listing Date March 21, 2018
Face Value ₹10 per share
Price ₹13 per share
Lot Size 8000 Shares
Total Issue Size3,600,000 shares
(aggregating up to ₹5.40 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Market Maker portion192,000 shares

Shreeshay Engineers IPO Reservation

Shreeshay Engineers IPO offers 3,792,000 shares. 1,704,000 (44.94%) to NII, 1,704,000 (44.94%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered192,000 (5.06%)
Other Shares Offered1,704,000 (44.94%)
Retail Shares Offered1,704,000 (44.94%)
Other Shares Offered192,000 (5.06%)
Total Shares Offered3,792,000 (100%)

Shreeshay Engineers IPO Lot Size

Investors can bid for a minimum of 8000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

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

About Shreeshay Engineers Ltd

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 (Shreeshay Engineers IPO Objectives)

The object of the issue are to:

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

Shreeshay Engineers IPO Review (Avoid)

[Dilip Davda]  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 March 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
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Shreeshay Engineers IPO Listing Details

Listing Date March 21, 2018
BSE Script Code 541112
NSE Symbol
ISIN INE452Z01012
Final Issue Price ₹13 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Shreeshay Engineers Ltd Contact Details

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 - Buy or Not

Shreeshay Engineers IPO Recommendation Summary

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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 March 9, 2018, and closes on March 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 March 9, 2018 and closes on March 13, 2018.

Shreeshay Engineers IPO lot size is 8000 Shares, and the minimum amount required is ₹104,000.

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, Nuvama, 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 March 21, 2018.
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Shreeshay Engineers IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



10. Sinewave |   Link |  Bookmark |March 22, 2018 3:52:12 PM
IPO Mentor IPO Mentor (600+ 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 |  Bookmark |March 22, 2018 3:54:51 PM
IPO Mentor IPO Mentor (600+ 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 |  Bookmark |March 22, 2018 9:23:51 AM
current price is 15.30 (20000) profit
jisko na pta ho company ka apni opinion na de vo
8. Allan |   Link |  Bookmark |March 15, 2018 3:41:54 PM (200+ Posts)
Aryaman .....jhahhahahahhahhahahhahahhahahahhah hahahhahahahhahah
7. S Patel |   Link |  Bookmark |March 14, 2018 8:55:38 AM
100% it will list in discount.. exit when you get chance..
6. IPOANALYSIS |   Link |  Bookmark |March 13, 2018 9:50:15 AM
Only foolish people will apply. It''s fair value is 2 rs
5. IPO Success |   Link |  Bookmark |March 9, 2018 6:10:10 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 |  Bookmark |March 7, 2018 3:38:15 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
3. AKMP |   Link |  Bookmark |March 6, 2018 11:19:34 AM
Forget it
Don''t take even if given FREE
3.1. Riaz Khatri |   Link |  Bookmark |March 7, 2018 2:22:19 PM
2. IPOANALYSIS |   Link |  Bookmark |March 6, 2018 9:33:43 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 |  Bookmark |March 5, 2018 6:58:40 PM
Umang your view on the issue