The Initial public offering of Shashijit Infra Projects Limited will be listed on the BSE SME in coming days. Here are the details of Shashijit Infra Projects IPO available as price band, dates, company profile, Allotment Status, Listing Dates, and other relevant information. The company has already filed a Draft Prospectus and the share is proposed to be listed on the SME platform of BSE limited.
The opening date of IPO is set as on 30 September,2016 with a price band of Rs.15 Per Equity Share. The lot size for applying the IPO is for 8000 shares. It is necessary for all the investors to apply through ASBA i.e. Application supported by Blocked amount only. A retail investor can apply the value of Application not more than Rs. 2 lacs. Public issue is placed aggregating up to 23,28,000 worth Rs.3.49 Crore for cash.
Company Profile:
The Company was incorporated on March 26, 2004. It is firmly working in the field of industrial and residential projects. The company is engaged to facilitate civil construction for industrial and residential projects , power plants, ETP plants , power services stations. The firm has delivered so many projects in Vapi, Surat , Silvassa and Union Territory Daman based in Gujarat.
Below are mentioned the firm’s business segment:-
1) Turnkey Construction
2) Structural Engineering
3) Design and Construction Management
4) General Contracting
5) Pre-Construction Management
Outlook of the Firm:
- Maintain long term relationship between its customers;
- Focus to complete projects on time;
- Robust management team along with capabilities;
- Owned fleet of construction equipment.
Objects Of The Issue:
- To Increase Machinery, Scaffolding equipment;
- To reduce debts;
- Working capital requirement;
- General corporate purposes.
Summary Of Shashijit Infra Projects IPO:
| Issue Open:- | 30th September, 2016 – 5th October 2016 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size (Shares) | [2,328,000]Equity Shares of Rs. 10 |
| Issue Size in (Value) | Rs.3.49 Crore |
| Face Value | Rs. 10 Per Equity Share |
| Issue Price | Rs.15 per Equity Shares |
| Market lots | 8000 Shares |
| Minimum Order Quantity | 8000 Shares |
| Listing At | BSE SME |
The Public offer includes:- 23,28,000 Equity Shares
Shashijit Infra Projects IPO Allotment Status
Shashijit Infra Projects IPO allotment status would be available soon after the IPO closure date. Usually the allotment comes within a week from the closing date which in this IPO yet to be announced.
One can check the allotment on the given below link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps:-
- Click on the given link See Allotment Status here
- Go to Application Status
- Select IPO as Shashijit Infra Projects IPO
- Enter you PAN Number or Application Id or DP Client Id.
It takes little time to fetch information so you need to be little patient.
The Shares of Shashijit Infra Projects are likely to be listed around October 13,2016 on BSE SME.
Promoters Of the Company:
Mr. Ajit Jain:- He is 52 year old. He is the Chairman and managing director of the company.
Financials:
| Particulars | For the year/Period ended (Rs. in Lakhs) | ||||
| Financial Year | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | 31-Mar-12 |
| Total Liabilities | 1498.47 | 1492.25 | 1531.78 | 1185 | 779.96 |
| Total Assets | 1498.62 | 1492.20 | 1532.07 | 1185.49 | 779.97 |
| Total Revenue | 2430.65 | 2936.99 | 4768.44 | 4705.00 | 1941.01 |
| Total Expenses | 2285.87 | 2835.24 | 4516.48 | 4479.52 | 1828.11 |
| Profit After Tax (PAT) | 96.96 | 68.73 | 173.20 | 158.06 | |
Book Running Lead Managers Details:
Pantomath Capital Advisory Private Limited
406-408, Keshav Premises, Behind Family Court, Bandra Kurla Complex , Bandra East, Mumbai -400051
Tel No.: +91 – 2261946725 Fax No.: +91 – 22 – 2659 8690
Email: ipo@pantomathgroup.com
Investor Grievance Email: ipo@pantomathgroup.com
SEBI Registration No. INM000012110
Contact Person: Mr. Saahi Kinkhabwala
Registrar To The Issue
Bigshare Services Pvt Ltd
E-2 & 3, Ansa Industrial Estate, Saki-Vihar Road, Sakinaka, Andheri(E), Mumbai – 400 072
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Investor Grievance Id: investors@bighshareonline.com
Contact Person: Babu Raphael
SEBI Registration Number:- INR000001385
Registered Office Details:
Shashijit Infra Projects Ltd
Plot No. 209, Shop No. 23,
2nd Floor, Girnar Khushboo Plaza,
GIDC, Vapi – 396195
Phone: +91 260 2432963
Fax: +91 260 2432963
Email: investors @ shashijitinfraprojects.com
Website: http://www.shashijitinfraprojects.com
