IPO Issue Details
Issue Price / Price Band₹121 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size5,52,000 shares (aggregating up to ₹6.68 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 09 Sep 2016
Subscription CloseMon, 19 Sep 2016
Anchor AllotmentThu, 08 Sep 2016
Basis of AllotmentSun, 25 Sep 2016
Initiation of RefundsMon, 26 Sep 2016
Credit of Shares to DematMon, 26 Sep 2016
Listing DateTue, 27 Sep 2016
UPI Mandate Deadline2016-09-19
Application & Investment Details
Retail — Min (1 Lots)₹1,21,000 — 1,000 shares
Retail — Max (13 Lots)₹1,573,000 (13 Lots)
HNI — Min (2 Lots)₹2,42,000 — 2,000 shares
Net Offer to Public5,24,000 shares (aggregating up to ₹6.34 Cr)
Reserved for Market Maker28,000 shares (aggregating up to ₹0.3388 Cr)
Pre-IPO Promoter Holding15,30,000 shares
Post-IPO Promoter Holding20,82,000 shares
About Crown Lifters Ltd.
Incorporated in 2002, Crown Lifters Ltd. (CLL) is one of the professional construction equipment hire Companies. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal. Company has a fleet of cranes, which includes crawler cranes with lattice boom, all-terrain cranes with telescopic boom, rough terrain, pilling rigs, man lifts, etc.CLL has contracts with customers in the duration of ranges from 3 to 12 months. The company serves refinery, power, cement, transportation, ports, and infrastructure companies. Visit chittorgarh.com for more detail. Over the last three decades it has successfully worked with some of the leaders in the engineering and construction industry like Reliance Industries Limited, Larsen & Turbo Limited, BHEL, Ultratech Cement Limited, Tata Projects Limited etc.
Objects of the Issue
Crown Lifters Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Purchase of KOBELCO Hydraulic Crawler Crane (Model-CKL2600i)
6.18
Shareholding & Lock-in
Pre-IPO Promoter Holding
15,30,000 shares
Post-IPO Promoter Holding
20,82,000 shares