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Shradha Infraprojects (Nagpur) Limited IPO

Shradha Infraprojects (Nagpur) Limited IPO

Issue Open

Nov 27, 2017

Price Band

₹ 70

Issue Size

₹ 18.93 Cr

Credit of Shares to Demat


Issue Close

Nov 30, 2017

Bid Lot

Listing Exchange


Cut off time for UPI Mandate Confirmation


Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

Allotment Details


Face Value

Rs 10 Per Equity Share

Listing On

Dec 11, 2017



About the company:

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)




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