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anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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IPO Synopsis
Shradha Infraprojects Ltd
Registered Office: Shradha House Kingsway BlockNo, F/8 Near Shri Mohini Complex, Nagpur - 440001, Maharashtra
Phone: 1
Email: 1
Website: 1
Public issue of 27,04,000 equity shares of Rs. 10 each ("equity shares") of Shradha Infraprojects (Nagpur) Limited ("SINL" or the "company") for cash at a price of Rs. 70 per share (the "issue price"), aggregating to Rs. 18.93 Crores ("the issue"), Consisting of fresh issue of 21,32,000 equity shares aggregating to Rs. 14.92 Crores and an offer for sale of 5,72,000 equity shares by the selling shareholder aggregating to Rs. 4.01 Crores ("offer for sale"), of which 1,44,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 25,60,000 equity shares of Rs.10 each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 28.04% and 26.55%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is Rs. 70 The issue price is 7.0 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
27-Nov-2017 30-Nov-2017 70.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 14.92
Project Financed through Current Offer 18.93
Post Issue Equity Share Capital 9.64
Issue Price 70.00
Projects
Investment in Suntech Infraestate Nagpur Pvt Ltd to part finance the construction and development of Residential and commercial project "Victoria II"
Acquisition of Land or Land Development Rights
General Corporate Purposes
Promoted By
Sunil Raisoni
Riaan Diagonistic Pvt Ltd
NSE - SME
Registrar to the Issue
Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.