Issue Price
₹100
Per Share
GMP
NIL
Grey Market
Est. Listing
₹100
Expected Price
Min. Application
₹240,000
2 lots × 1200 shares
Incorporated in 2005, Giriraj Civil Developers Ltd is a Mumbai based civil works contracting and engineering company. The company is also engaged in trading activities, wherein they trade construction materials, mainly steel and cement.Currently they are doing Railway sector projects where they undertake a wide scope of work which includes construction of foot over bridges, platform extensions; sick line sheds, stabling lines etc. They are also engaged in infrastructural projects for government / semi-government bodies like MCGM and MRVC and for various private players.The Company's mainly projects undertaken are in the states of Maharashtra and Gujarat. Currently it has 21 ongoing projects. Giriraj Civil also have Joint Ventures (JV) and consortiums with other infrastructure and construction companies.As on December 31, 2017 the company had 34 employees.
Giriraj Civil Developers Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 48,000 | — | ₹0.48 Cr | — |
| TOTAL | 900,000 | 100.00% | ₹9.00 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹120,000 |
| Retail (Max) | 13 | 15,600 | ₹1,560,000 |
| sNII (Min) | 14 | 16,800 | ₹1,680,000 |
| bNII (Min) | 68 | 81,600 | ₹8,160,000 |
| Particulars | 31-Mar-17 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 4527.02 | 4821.48 | 4995.42 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 178.79 | 175.00 | 189.48 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 6436.20 | 4509.10 | 3695.16 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |