IPO Issue Details
Issue Price / Price Band₹20 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size35,04,000 shares (aggregating up to ₹7.01 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 22 Aug 2012
Subscription CloseTue, 28 Aug 2012
Anchor AllotmentTue, 21 Aug 2012
Basis of AllotmentMon, 03 Sep 2012
Initiation of RefundsTue, 04 Sep 2012
Credit of Shares to DematTue, 04 Sep 2012
Listing DateTue, 11 Sep 2012
UPI Mandate Deadline2012-08-28
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 6,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 12,000 shares
Net Offer to Public25,98,000 shares (aggregating up to ₹5.20 Cr)
Reserved for Market Maker4,08,000 shares (aggregating up to ₹0.8160 Cr)
Pre-IPO Promoter Holding45,76,500 shares
Post-IPO Promoter Holding80,80,500 shares
About SRG Housing Finance Ltd.
Incorporated in 1999, SRG Housing Finance Ltd is engaged in the business of providing housing finance for home ownership, by offering:1. Individual Home Loans and2. Loans against PropertySRG Housing Finance is headquartered in Udaipur, Rajasthan. They have 1 Head office and 3 satellite centers located in Rajasthan. They are targeting to open another 10 satellite centers which are to be located in tier 2 cities, tier 3 cities, District and Tehsil head quarters and at the peripheries of tier 1 cities.They intend to grow their loan book, income and profits through Increasing Net Owned Funds, Expanding Network and Connectivity, Maintaining strong asset quality through disciplined risk management, Reducing funding costs and Optimizing cost of operations amongst others.
Objects of the Issue
SRG Housing Finance Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To augment our capital base and provide for our fund requirements for increasing our operational scale with respect to our disbursement of housing and related loans activities.
6.35
2
2 To Meet the Issue Expenses
0.66
Shareholding & Lock-in
Pre-IPO Promoter Holding
45,76,500 shares
Post-IPO Promoter Holding
80,80,500 shares