IPO Issue Details
Issue Price / Price Band₹13 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size10,000 Shares per Lot
Total Issue Size9,00,000 shares (aggregating up to ₹1.17 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryOffer For Sale
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 15 Nov 2018
Subscription CloseThu, 22 Nov 2018
Anchor AllotmentWed, 14 Nov 2018
Basis of AllotmentWed, 28 Nov 2018
Initiation of RefundsThu, 29 Nov 2018
Credit of Shares to DematThu, 29 Nov 2018
Listing DateMon, 03 Dec 2018
UPI Mandate Deadline2018-11-22
Application & Investment Details
Retail — Min (1 Lots)₹1,30,000 — 10,000 shares
Retail — Max (13 Lots)₹1,690,000 (13 Lots)
HNI — Min (2 Lots)₹2,60,000 — 20,000 shares
Net Offer to Public8,50,000 shares (aggregating up to ₹1.11 Cr)
Reserved for Market Maker50,000 shares (aggregating up to ₹0.0650 Cr)
Pre-IPO Promoter Holding30,00,000 shares
Post-IPO Promoter Holding30,00,000 shares
About Shree Krishna Infrastructure Ltd.
Incorporated in 1990, Gujarat based Shree Krishna Infrastructure Limited is a company engaged in the business of marketing, development and maintenance of Housing Society and organic farms, leasing of agriculture land for cultivation of crops etc.The company has started following business activities recently-1. Trading of perfumed incense sticks.2. Contract Farming- The company intends to cultivate Tulsi and Nepali Satavari for Amritanjali Ayurved (OPC) Private Limited3. Project- Agency (Sale, Marketing,) of Navigation Equipment and Maritime consultancy for aids to navigation in the state of Gujarat4. Distribution Project of E-Vehicles- The company is "Exclusive Distributor" for the state of Gujarat for M/s. Marine Navaids And Solar Auto Private Limited (MNSAPL), a manufacturer of solar operated Auto Vehicles5. Marketing representation for India for Terra Technologies and servicesThe company has 9 employees on its payroll.
Objects of the Issue
(Standard — DRHP pending)
Shree Krishna Infrastructure Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding of Capital Expenditure Requirements
2
Working Capital Requirements
3
General Corporate Purposes
Detailed fund allocation will be available once the company files DRHP with
SEBI.
Shareholding & Lock-in
Pre-IPO Promoter Holding
30,00,000 shares
Post-IPO Promoter Holding
30,00,000 shares