Shreeshay Engineers IPO Price Band, Market Lot, Dates, Allotment & Subscription Details

Table of Contents

Shreeshay Engineers Ltd (SEL) incorporated in 2006 based in Mumbai. Company is engaged in real estate construction. They are a part of DKP Group a well known name in Mumbai in real estate market. Shreeshay Engineers built up projects like “Kailas Jyoti I” and “Kailas Jyoti II” at Ghatkopar. The recently started work is “Kailas Nagar”. Shreeshay Engineers ipo is starting from 09 March and ends on 13 March. The price band is around Rs.13 with 8000 market lot. The ipo size is around 5.40 crore rupees.

IPO Review:

  • Avoid

Shreeshay Engineers IPO Dates & Price Band:

  • IPO Open: 09 March 2018
  • IPO Close: 13 March 2018
  • IPO Size: Approx Rs 05.40 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs 13 Per Equity Share
  • Listing on: BSE SME
  • Shares: 3,600,000
  • Retail Portion: 50%

IPO Market Lot:

  • Shares: Apply for 8,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,04,000

Financial Results:

Rs. in Lakhs
2013 2014 2015 2016 2017
Revenues 9.79 10.78 10.19 9.90 22.17
Assets 137.41 124.40 124.85 128.36 140.46
PAT (3.83) (4.54) 4.44 4.43 15.58

Grey Market Premium:

  • The grey market is around N/A Subject to Sauda.

Shreeshay Engineers IPO Subscription Status:

  • IPO Subscribed 0.13 times on day 1

Shreeshay Engineers IPO Allotment Status:

Company Promoters:

  • Mr. Bhogin D Patel
  • Mr. Kishore D Patel

Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: [email protected]
Website: http://www.bigshareonline.com

IPO Lead Managers:

  • Aryaman Financial Services limited

Company Address:
Shreeshay Engineers Ltd
501 Kailas Plaza VB Lane,
Ghatkopar East,
Mumbai – 400077
Phone: + 91-22-25082300/2400
Fax: +91-22-25082400
Email: [email protected]
Website: http://www.shreeshay.com

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.