IPO Issue Details
Issue Price / Price Band₹45 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size25,20,000 shares (aggregating up to ₹11.34 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 10 Sep 2015
Subscription CloseTue, 15 Sep 2015
Anchor AllotmentWed, 09 Sep 2015
Basis of AllotmentMon, 21 Sep 2015
Initiation of RefundsTue, 22 Sep 2015
Credit of Shares to DematTue, 22 Sep 2015
Listing DateThu, 01 Oct 2015
UPI Mandate Deadline2015-09-15
Application & Investment Details
Retail — Min (1 Lots)₹1,35,000 — 3,000 shares
Retail — Max (13 Lots)₹1,755,000 (13 Lots)
HNI — Min (2 Lots)₹2,70,000 — 6,000 shares
Net Offer to Public23,88,000 shares (aggregating up to ₹10.75 Cr)
Reserved for Market Maker1,32,000 shares (aggregating up to ₹0.5940 Cr)
Pre-IPO Promoter Holding70,00,000 shares
Post-IPO Promoter Holding95,20,000 shares
About Sri Krishna Constructions (India) Ltd.
Incorporated in 2005, Sri Krishna Constructions (India) Ltd (SKC) is Karnataka based realty sector company engaged in real estate developments. It has completed 7 projects (with saleable area of 12 lakh sq. ft.) and currently in the process of completing 2 more projects (with saleable area of 4.52 lakh sq.ft.). It has 3 projects (with saleable area of 2.60 sq. ft.) in the pipeline.
Objects of the Issue
Sri Krishna Constructions (India) Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
2
2 General Corporate Purpose
1.00
Shareholding & Lock-in
Pre-IPO Promoter Holding
70,00,000 shares
Post-IPO Promoter Holding
95,20,000 shares