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 Size36,00,000 shares (aggregating up to ₹5.40 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 09 Mar 2018
Subscription CloseTue, 13 Mar 2018
Anchor AllotmentThu, 08 Mar 2018
Basis of AllotmentMon, 19 Mar 2018
Initiation of RefundsTue, 20 Mar 2018
Credit of Shares to DematTue, 20 Mar 2018
Listing DateWed, 21 Mar 2018
UPI Mandate Deadline2018-03-13
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 Public34,08,000 shares (aggregating up to ₹5.11 Cr)
Reserved for Market Maker1,92,000 shares (aggregating up to ₹0.2880 Cr)
Pre-IPO Promoter Holding96,03,396 shares
Post-IPO Promoter Holding1,32,03,396 shares
About Shreeshay Engineers Ltd.
Incorporated in 2006, Shreeshay Engineers Limited (SEL) is a real estate construction and engineering company engaged in providing supply of materials, designing and contracting capabilities as well as construction project management services. Company is a part of the DKP Group which has large presence in the real estate market in and around Mumbai.Company has developed around 90,000 sq. ft of built up real estate vide project(s) named “Kailas Jyoti I” and “Kailas Jyoti II” at Ghatkopar, Mumbai. Thave recently entered into works contract for construction of real estate project “Kailas Nagar”.
Objects of the Issue
Shreeshay Engineers Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1. Funding Working Capital Requirement; and
2
2. Funding expenditure for General Corporate Purposes.
Shareholding & Lock-in
Pre-IPO Promoter Holding
96,03,396 shares
Post-IPO Promoter Holding
1,32,03,396 shares