IPO Issue Details
Issue Price / Price Band₹40 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size45,45,000 shares (aggregating up to ₹18.18 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 29 Sep 2017
Subscription CloseWed, 04 Oct 2017
Anchor AllotmentThu, 28 Sep 2017
Basis of AllotmentTue, 10 Oct 2017
Initiation of RefundsWed, 11 Oct 2017
Credit of Shares to DematWed, 11 Oct 2017
Listing DateThu, 12 Oct 2017
UPI Mandate Deadline2017-10-04
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 3,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 6,000 shares
Net Offer to Public43,17,000 shares (aggregating up to ₹17.27 Cr)
Reserved for Market Maker2,28,000 shares (aggregating up to ₹0.9120 Cr)
Pre-IPO Promoter Holding1,11,28,260
Post-IPO Promoter Holding1,56,73,260
About CMM Infraprojects
CMM Infraprojects Limited is Indore, Madhya Pradesh based infrastructure project developer. CMM Infraprojects is an Engineering, Procurement and Construction (EPC) Company with experience in end-to-end design and construction of various projects.Company does Buildings and Roads construction on contract basis.CMM Infraprojects was originally started in 1979 and listed its Equity Shares on the Institutional Trading Platform (ITP) of the NSE on April 01, 2015. Later company voulantary got delisted with on July 06, 2016.CMM Infraprojects have executed multiple projects with the Government / PSUs / Corporates & various other organizations across different sectors and verticals in state of Madhya Pradesh, Odisha, Chhattisgarh, Maharashtra, Rajasthan, Bihar, Goa, Haryana and Uttar Pradesh.Company Strengths:1. Primary focus of our business is on Engineering, Procurement and Construction (EPC).2. Investments in modern construction equipment.3. Geographical footprint continues to grow.4. Substantial growth in past few years.5. 90% revenue from Govt. contracts.
Objects of the Issue
CMM Infraprojects proposes to utilise the net proceeds from the Issue for the following objects:
1
Working Capital Requirements
12.50
2
General Corporate Purposes
4.04
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,11,28,260
Post-IPO Promoter Holding
1,56,73,260