Shradha Infraprojects (Nagpur) Limited IPO

Apply 0
Avoid 0

Shardha Infraprojects (Nagpur) Private Limited is a Nagpur based real estate development company, engaged in the business of development and sale of residential as well as commercial properties and the development and leasing of commercial properties. The company is primarily operating in Nagpur focused on premium developments with a presence in residential, Commercial and hospitality in mixed-use and single-segment developments.
Shardha Infra is primarily engaged in 2 business segments:
1. Development Business
The Development Business includes activities related to residential real estate development, from the identification and acquisition of land through to the planning, execution, and sales of the development projects. The residential properties include plotted developments, houses, and apartments of varying sizes. The Development Business also consists of the development and sale of certain commercial properties.
2. Lease Business
The Lease Business involves leasing of the commercial properties. The commercial properties include corporate offices and educational institutions.

Shradha Infraprojects (Nagpur) Limited IPO Stock Quote & Charts

36.80

-0.54%

  • Open: 30.05
  • High - Low: 44.25 - 30.05
  • Previous Close: 37.00
  • Total Traded Volume: 6000
  • Updated On: 18-Dec-2019

Objects of the Shradha Infraprojects (Nagpur) Limited IPO:

(a) Investment in Suntech Infraestate Nagpur Private Limited to part finance the construction and development of Residential and Commercial Project “Victoria II”; (b) Acquisition of Land or Land Development Rights; and(c) General Corporate Purposes.

Shradha Infraprojects (Nagpur) Limited IPO Details:

Open Date: Nov 27 2017
Close Date: Nov 30 2017
Total Shares: 2,704,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue IPO
Issue Size: 18.93 Cr.
Issue Price: ₹ 70 Per Equity Share
Listing At: NSE Emerge
Listing Date: Dec 11 2017

Promoters And Management:

Mr. Sunil Raisoni Riaan Diagonistic Private Limited

Lead Manager of Shradha Infraprojects (Nagpur) Limited IPO:

  1. Aryaman Financial Services Limited

Registrar of Shradha Infraprojects (Nagpur) Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

Shradha Infraprojects (Nagpur) Limited Shradha House, Near Shri Mohini Complex, Kingsway, Block No. F/8, Nagpur - 440 001 Phone: +91 712 6617181 Fax: +91 712 6630782 Email: investorinfo@shradhainfra.in Website: www.shradhainfra.in

Discussion on Shradha Infraprojects (Nagpur) Limited IPO:

Leave a Reply