IPO Issue Details
Issue Price / Price Band₹15 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size8,000 Shares per Lot
Total Issue Size57,84,000 shares (aggregating up to ₹8.68 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 19 Oct 2012
Subscription CloseTue, 23 Oct 2012
Anchor AllotmentThu, 18 Oct 2012
Basis of AllotmentMon, 29 Oct 2012
Initiation of RefundsTue, 30 Oct 2012
Credit of Shares to DematTue, 30 Oct 2012
Listing DateWed, 07 Nov 2012
UPI Mandate Deadline2012-10-23
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 8,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 16,000 shares
Net Offer to Public49,20,000 shares (aggregating up to ₹7.38 Cr)
Reserved for Market Maker8,64,000 shares (aggregating up to ₹1.30 Cr)
Pre-IPO Promoter Holding1,14,92,500 shares
Post-IPO Promoter Holding1,71,96,500 shares
About Bronze infra-tech Ltd.
Incorporated in 2004, Bronze infra-tech Ltd is engaged in the business of Land development, construction, execution of infrastructure projects and supply of IT equipments.They are currently executing four diversified projects, two of which are land development based projects, one project for civil work and another project related to supply of IT Equipments. In the construction sector, they provide construction services for various types of civil construction and infrastructure projects.Company's current clients are:1. Jain Infraprojects Limited2. Coastal Projects Limited3. Anil Contractors Private Limited
Objects of the Issue
Bronze infra-tech Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To meet expenses of construction and development of certain of our Ongoing and Forthcoming Projects
8.00
2
2 To Meet the Issue Expenses
0.56
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,14,92,500 shares
Post-IPO Promoter Holding
1,71,96,500 shares