Shradha Infraprojects (Nagpur) Limited IPO

Add to Calendar 2017-11-27 12:00 AM 2017-11-30 12:00 AM Asia/Kolkata Shradha Infraprojects (Nagpur) Limited IPO Shradha Infraprojects (Nagpur) Limited IPO India

Shardha Infraprojects (Nagpur) Limited is a real estate development company engaged in the development and sale of properties.

Date of establishment: Shardha Infraprojects (Nagpur) was established in 1997.  


Product & Service Offering: Shardha Infraprojects (Nagpur) develops and sells residential as well as commercial properties. The company also develops and leases commercial properties.

Promoters of Shardha Infraprojects (Nagpur) Ltd.: The promoters of the firm are Mr. Sunil Raisoni and Riaan Diagonistic Private Limited.

Customer segment: The company offers its services to clients in residential, commercial and hospitality sectors.

Objects of the Issue:

The objects of the issue are:
-      Investment in Suntech Infraestate Nagpur Private Limited
-      General Corporate Purposes
-      Land acquisition

Company Financials



For the year/period ended (in Rs. Lakhs)




Total Assets



Total Revenue



Profit After Tax (PAT)



Issue Detail

  • Issue Open: Nov 27, 2017
  • Issue Close: Nov 30, 2017
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 70 Per Equity Share
  • Bid Lot:-
  • Minimum Order Quantity:-
  • Listing At: NSE SME
  • Issue Size: • Rs 18.93 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 1,352,000 1,352,000 - - 2,704,000
Day 1 - Nov 27, 2017IST 0 226,000 108,000 - - 334,000
Day 2 - Nov 28, 2017IST 0 1,898,000 360,000 - - 2,258,000

Listing Day Trading Information

Issue Price - Rs 70.00
Open - Rs 69.80
Low - Rs 69.80
High - Rs 72.00
Last Trade - Rs 70.25
Volume - 934,000

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