Shree Krishna Infrastructure Limited IPO
Shree Krishna Infrastructure Limited was incorporated as on 3rd Day of July 1990.
The Company is engaged in Buying, taking on lease, large size of plots to provide roads, drains, water supply, electricity and lights and within such land(s), and plot(s) to build residential houses and business premises and colonies; to carry on the business of financier and the hire purchase and hire sales and of commission agents to acquire, purchase, hire or lease agricultural lands and to cultivate any crop or crops for the benefit of the company.
Foray into the new Business
1. Trading of perfumed incense sticks: Shree Krishna Infrastructure Limited has recently started trading of perfumed incense sticks. In the month of August 2018, the company has exported one container of incense sticks to TOGO, a country in West Africa and expecting more order to be executed in the future.
2. Contract Farming: Shree Krishna Infrastructure Limited has planned to do contract farming at Nikoli, Taluka- Nandod, DistrictNarmada, Rajpipla-393145 Gujarat on a total land area of around 7.40 acres and intends to cultivate Tulsi and Nepali Satavari for Amritanjali Ayurved (OPC) Private Limited. To execute the same the company has already signed a business agreement dated May 30, 2017 with 3 land owners who will provide their land on the long term basis (10 Years) for the said purpose. The land owner will actively participate in cultivation, harvesting, fertilization, and production etc of said products. The plantation work is already completed.
3. Distribution Project of E-Vehicles: M/s. Marine Navaids And Solar Auto Private Limited (MNSAPL) is carrying on the business of manufacturing of solar operated Auto Vehicles and has agreed to designate Shree Krishna Infrastructure Limited as their “Exclusive Distributor” for the state of Gujarat vide their agreement dated March 31, 2018. The said agreement shall remain valid for 10 (Ten) years and further extendable with mutual consent of both the parties. The Distributor shall procure the orders based on the MNSAPL’s offers and act as the Distributor for supplying the said Products sourced from the MNSAPLas per the terms and conditions mentioned in the agreement. The Distributor can appoint sub-Dealers to market the products in the state.
Objects of the Shree Krishna Infrastructure Limited IPO:
Shree Krishna Infrastructure Limited IPO Details:
|Open Date:||Nov 15 2018|
|Close Date:||Nov 22 2018|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||1.17 Cr.|
|Lot Size:||10,000 Shares|
|Issue Price:||₹ 13 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Dec 03 2018|
Promoters And Management:
Financials of Shree Krishna Infrastructure Limited IPO:
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Recommendation on Shree Krishna Infrastructure Limited IPO:
Lead Manager of Shree Krishna Infrastructure Limited IPO:
Registrar of Shree Krishna Infrastructure Limited IPO:
Bid Details of Shree Krishna Infrastructure Limited IPO as on
22 Nov 2018 | 11:58:03 PM
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