South West Pinnacle Exploration Ltd IPO (South West Pinnacle IPO) Detail

Feb 6, 2018 - Feb 8, 2018

Incorporated in 2006, South West Pinnacle Exploration Limited is a Gurgaon, Haryana based company engaged in the business of providing drilling, exploration and allied services to coal, ferrous, non ferrous, atomic and base metal mining industries and water & unconventional energy industries. Company also provides consultancy for geological field services and allied services. Company has an in-house team of geoscientists for providing integrated exploration services including geophysical logging, surface geophysical & topographic surveys.

Company is also into aquifer mapping for Hydro-geological organisations in India for determining the quantity and quality of groundwater in a particular area, viz., water level, productivity and concentration of various chemicals in groundwater. This helps in identifying zones for groundwater development, groundwater recharge, rainwater harvesting etc.

Company has 37 operational rigs. Company drill upto a depth of 2500 meters and has completed more than 950,000 meters of drilling including 60 CBM exploratory and 166 CBM production wells for both Government and Private Sectors.

Company Promoters:

The Promoters of the company are:

1. Piyush Jain
2. Vikas Jain

Objects of the Issue:

Company is intend to utilize the Net Proceeds towards the following objects:

1. Repayment/ Prepayment of certain Secured Borrowings availed by our company
2. Repayment/ Prepayment of certain Unsecured Borrowings availed by the company;
3. Purchase of Machinery;
4. Funding the working capital requirements of the Company;
5. General Corporate Purposes.

South West Pinnacle IPO Details

IPO Opening Date	Feb 6, 2018
IPO Closing Date	Feb 8, 2018
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹76 to ₹78 per equity share
Market Lot	1600 Shares
Min Order Quantity	1600 Shares
Listing At	NSE SME
Issue Size	4,596,800 Eq Shares of ₹10 (aggregating up to ₹35.86 Cr)

South West Pinnacle IPO Tentative Timetable

The South West Pinnacle IPO open date is Feb 6, 2018, and the close date is Feb 8, 2018. The issue may list on Feb 20, 2018.

IPO Open Date	Feb 6, 2018
IPO Close Date	Feb 8, 2018
Basis of Allotment Date	Feb 14, 2018
Initiation of Refunds	Feb 15, 2018
Credit of Shares to Demat Account	Feb 16, 2018
IPO Listing Date	Feb 20, 2018

South West Pinnacle IPO Lot Size

The South West Pinnacle IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹124,800).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	1600	₹124,800
Maximum	1	1600	₹124,800

South West Pinnacle IPO Subscription Status (Bidding Detail)

The South West Pinnacle IPO is subscribed 29.42x times on Feb 8, 2018 17:00. The public issue subscribed 11.70x in the retail category, 18.04x in the QIB category, and 144.16x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
QIB	18.04x
NII	144.16x
RII	11.70x
Employee	2.82x
Total	29.42x

South West Pinnacle IPO Prospectus

› South West Pinnacle IPO DRHP
› South West Pinnacle IPO RHP

South West Pinnacle IPO Rating

3.9

Rating:

Vote Here ...

South West Pinnacle IPO Listing Date

Listing Date	Monday, February 19, 2018
BSE Script Code
NSE Symbol	SOUTHWEST
Listing In
ISIN	INE980Y01015
IPO Price	₹78 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

	NSE SME
IPO Price:	₹78.00
Open:	₹93.60
Low:	₹75.50
High:	₹93.60
Last Trade:	₹88.30
Volume:	2,128,000

South West Pinnacle IPO Reviews / Ratings

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Company Contact Information

South West Pinnacle Exploration Ltd
Siddhartha House,
4th Floor, Plot No. 6,
Sector 44, Gurgaon

Phone: +91 124 4235400
Email: investors@southwestpinnacle.com
Website: http://www.southwestpinnacle.com/

South West Pinnacle IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: swpel.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

South West Pinnacle IPO Lead Manager(s)

Pantomath Capital Advisors Pvt Ltd

Lead Manager Reports

South West Pinnacle IPO FAQs

What is South West Pinnacle IPO?

South West Pinnacle IPO is a SME IPO of 4,596,800 equity shares of the face value of ₹10 aggregating up to ₹35.86 Crores. The issue is priced at ₹76 to ₹78 per equity share. The minimum order quantity is 1600 Shares.

The IPO opens on Feb 6, 2018, and closes on Feb 8, 2018.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
When South West Pinnacle IPO will open?

The South West Pinnacle IPO opens on Feb 6, 2018 and closes on Feb 8, 2018.
What is the lot size of South West Pinnacle IPO?

South West Pinnacle IPO lot size is 1600 Shares and the minimum order quantity is 1600 Shares.
How to apply for South West Pinnacle IPO?

You can apply in South West Pinnacle 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.
When South West Pinnacle IPO allotment?

The finalization of Basis of Allotment for South West Pinnacle IPO will be done on Feb 14, 2018, and the allotted shares will be credited to your demat account by Feb 16, 2018. Check the South West Pinnacle IPO allotment status.
When is South West Pinnacle IPO listing date?

The South West Pinnacle IPO listing date is on Monday, February 19, 2018.

South West Pinnacle IPO Message Board

Ranked Members

87. Montu Tailor |Feb 23, 2018 14:49

Subject to 1000 Now.. WOW

86. Kuvadva.... |Feb 22, 2018 13:52

Can I do intraday trading in This share. Or it is in Trade to trade??

85. DownriteVJ |Feb 19, 2018 11:32

IPO Guru (1200+ Posts, 1100+ Likes)

87.45

85.1. Kuvadva.... |Feb 22, 2018 13:50

Downrite ..
Please tell what are the rules for NSE SME.. same rules for Tasty dairy applies here or not??

84. Ipovale |Feb 19, 2018 20:34

Please suggest what should be done with this ipo , have 1 lott

84.1. SecTheta |Feb 19, 2018 21:08

If you''re comfortable, hold it for long term else sell it. Simple.

83. MSB |Feb 19, 2018 16:10

Closed @ 90..
Good close today..

82. Ipovale |Feb 17, 2018 18:38

Uc implies 14 rs premium?

81. Saloni Cons. |Feb 17, 2018 17:27

UC CONFIRM

80. Saloni Cons. |Feb 17, 2018 17:21

GMP 12 / 14

79. Gupta ji |Feb 17, 2018 15:35

Any gmp please tell any one

78. jignesh.elect |Feb 17, 2018 07:26

allotment msg received from NSC & NSDL also but not shown in HDFC demat. what is problem?

78.1. S Patel |Feb 17, 2018 10:22

wait till monday morning before listing.. it will come

77. MSB |Feb 16, 2018 16:35

1600 shares of SOUTH WEST PINNACLE EXPLORATION credited to your demat a/c xxxx8768 on 16/02/18 in respect of Public Offer. NSDL
1600 shares of SOUTH WEST PINNACLE EXPLORATION credited to your demat a/c xxxx2865 on 16/02/18 in respect of Public Offer. NSDL
Pls any expert suggest me to decide what to do post listing..

76. an Investor |Feb 15, 2018 19:25

No man, 0/3. Not getting allotment from long time. Anyone has idea about if we can buy any already listed SMEs which are good buy?

Load more comments (2 replies)

76.3. S T |Feb 16, 2018 10:00

@AJT: Shradha Infra stock toh kitne dino se movement hiii nahi ho rahaa.. During Bull market, it went down from issued price of Rs. 70/- to 63/- now.. What to say about this??

76.4. AJT |Feb 16, 2018 10:54

@ST, here are the rationale for investing in Shradha Infra, which have been overlooked by people in general. Shradha Infra is a zero debt, cash rich, profit making and well established real estate company. Zero debt and cash rich realty companies are hard to find. It is a multibagger combination. It is promoted by Raisoni Group, a well established business conglomerate and so the risks associated with SMEs are less in case of Shradha. SMEs in general do not have this kind of financial back up from promoters. Don’t just go by GMP and subscription alone. I find that the risk is very less with Shradha and there is good probability that it can become a multibagger in few years time.

75. IPO VIRUS |Feb 16, 2018 09:54

0/7 very sad

74. SecTheta |Feb 15, 2018 20:31

Kisi ke hisse mein mohini aaya kisi ke hisse me Sintercom,
Main yahan time waste karta Raha, hota Raha naakam... :D

Load more comments (4 replies)

74.5. Sinewave |Feb 15, 2018 23:30

IPO Mentor (500+ Posts, 300+ Likes)

Same thing bro.

Unhappy

Zero allotment out of Seven.

Big disappointment in SME.

only time wastage.

Useless discussion on closing day.

Raja Rajasthani earlier

74.6. SecTheta |Feb 15, 2018 23:31

You''re Raja Rajasthani?

73. Ficpl |Feb 15, 2018 23:28

Top Contributor (200+ Posts, 500+ Likes)

http://www.alararesources.com/irm/content/top-20-shareholders.aspx?RID=303

Promoters also have stake in Amara resources .

I think 1 UC is confirmed and need to check the demand on the second day .

72. Sinewave |Feb 15, 2018 23:28

IPO Mentor (500+ Posts, 300+ Likes)

Unhappy

Zero allotment out of Seven.

Big disappointment in SME.

only time wastage.

71. SecTheta |Feb 15, 2018 22:49

Time to shift to DAIRY... Umeend Abhi baaki hai... :P

70. MSB |Feb 15, 2018 22:42

pls suggest what to do now.
Can hold or sell on listing..
Bit confused...

69. MSB |Feb 15, 2018 22:35

OMG
GOT 2 out of 2.....!!!!!

68. SMEGuru |Feb 15, 2018 20:36

1/1

Any GMP ?

Load more comments (1 replies)

68.2. AJT |Feb 15, 2018 20:40

GMP 32000 if the market is good.

68.3. AJT |Feb 15, 2018 22:09

Sorry. GMP 24000 to 26000 for South West. GMP 32000 for Mohini.

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