IPO Issue Details
Issue Price / Price Band₹111 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size2,24,400 shares (aggregating up to ₹2.49 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 16 Sep 2021
Subscription CloseMon, 20 Sep 2021
Anchor AllotmentWed, 15 Sep 2021
Basis of AllotmentSun, 26 Sep 2021
Initiation of RefundsMon, 27 Sep 2021
Credit of Shares to DematMon, 27 Sep 2021
Listing DateTue, 28 Sep 2021
UPI Mandate Deadline2021-09-20
Application & Investment Details
Retail — Min (1 Lots)₹1,33,200 — 1,200 shares
Retail — Max (13 Lots)₹1,731,600 (13 Lots)
HNI — Min (2 Lots)₹2,66,400 — 2,400 shares
Net Offer to Public2,02,800 shares (aggregating up to ₹2.25 Cr)
Reserved for Market Maker21,600 shares (aggregating up to ₹0.2398 Cr)
Pre-IPO Promoter Holding5,97,670 shares
Post-IPO Promoter Holding8,11,270 shares
About SBL Infratech Ltd.
Incorporated in 2015, SBL Infratech is mainly engaged in the business of real estate brokerage, selling plots of land, and developing and selling affordable housing. The company has a vision to grow into one of the most trusted brand names in Real Estate sector.SBL Infratech's business operations includes all activities related to real estate development, starting from identification and acquisition of land till through the planning, execution, and sales of their developed projects. The company has successfully launched & executed projects like Shubh Niwas and DayalVihar in Neemrana, Rajasthan.Competitive strengths:Focus on developing and maintaining long-term relationships with clients, agricultural landowners, and real estate brokers.Good quality clientele attracted by strong marketing presence and close follow-up with prospective clients.Emphasis on quality design and construction.Experienced Promoter and Management Expertise.Good brand recognition and improved brand recall.
Objects of the Issue
SBL Infratech Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To meet out the Working Capital requirements of the Company
1.30
2
2 To meet out the General Corporate Purposes
0.55
Shareholding & Lock-in
Pre-IPO Promoter Holding
5,97,670 shares
Post-IPO Promoter Holding
8,11,270 shares