Business Standard

Shashijit Infraprojects Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

3.49 cr

Price Range (₹)

15

Lot Size

8000

Min Investment (₹)

1,20,000.00

Listing Exchange

BSE - SME

Open Date

30-Sept-2016

Close Date

06-Oct-2016

Listing Date

17-Oct-2016

Shashijit Infraprojects Ltd News

    The Shares of Shashijit Infraprojects Ltd have now been listed.

    Shashijit Infraprojects Ltd IPO Details

    Public issue of 23,28,000 shares of face value Rs.10 each (equity shares) of Shahhijit Infraprojects Ltd (the company or the issuer for cash at a price of Rs. 15 per equity shares, including a security premium of Rs. 5 per equity share (the issue price), aggregating Rs. 3.49 crores (the issue), of which 1,20,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 15 per equity share, aggregating Rs 0.18 crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. issue of 22,08,000 equity shares of face value of Rs. 10 each for cash at a price of Rs.15 per equity share, aggregating Rs. 3.31 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 27.01% % 25.61% respectively of the fully diluted post issue paid up equity share capital of the company.The face value of the equity share is Rs. 10 each andThe issue price of Rs. 15 is 1.5 times of the face value of the equity shares.

    Objective of issue

    Purchase of Machinery & Scaffolding Equipments. Loan Repayment. Working Capital Requirements. General Corporate Purposes.

    Shashijit Infraprojects Ltd Contact Details

    Shashijit Infraprojects Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

    Phone - 91-22-40430200/28470652

    Fax - 91-22-28475207

    Email - investors@shashijitinfraprojects.com; info@shashij

    Website - www.shashijitinfraprojects.com