IPO Issue Details
Issue Price / Price Band₹100 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size5,28,000 shares (aggregating up to ₹5.28 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenTue, 15 Sep 2015
Subscription CloseFri, 18 Sep 2015
Anchor AllotmentMon, 14 Sep 2015
Basis of AllotmentThu, 24 Sep 2015
Initiation of RefundsFri, 25 Sep 2015
Credit of Shares to DematFri, 25 Sep 2015
Listing DateThu, 01 Oct 2015
UPI Mandate Deadline2015-09-18
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 1,200 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 2,400 shares
Net Offer to Public5,01,600 shares (aggregating up to ₹5.02 Cr)
Reserved for Market Maker26,400 shares (aggregating up to ₹0.2640 Cr)
Pre-IPO Promoter Holding14,01,000 shares
Post-IPO Promoter Holding19,29,000 shares
About Shaival Reality Ltd.
Incorporated in 1996, Shaival Reality Limited is Ahmedabad, Gujarat based company primarily engaged in providing logistic services for transportation of bulk LPG & Ammonia.Shaival Reality is also engaged in construction business which caters, precast construction of housing projects awarded to us by the Government and private sector.1. Transportation ServicesCompany operate in bulk LPG Transportation, in which we load the LPG, Ammonia from client location and unload to specified plant or at required places. company own 114 numbers of LPG tankers. Company's clients include Reliance, HPCL, BPCL, IOC, Gujarat State Fertilizer & Chemical Limited (GSFC), Sabero Organics Limited, Jublient Organics Limited, Maharashtra Polybuten Limited and LPG Infrastructure (India) Limited.2. Construction ServicesCompany provide precast construction of housing and buildings for Government and private sector projects. Precast concrete is a construction product produced by casting concrete in a reusable mold which is then cured in a controlled environment, transported to the construction site and lifted into place. Most Indian realty majors are adopting precast technology because of advantages like quality, speed of construction, and a value-for-money product. It also helps to avoid labour shortage and time delays. The use of such technology helps in saving up to 64% of the time taken in traditional constructionCompany have constructed 320 dwelling units in Anand District and 324 dwelling units in Dahod.
Objects of the Issue
Shaival Reality Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1. To meet the working capital requirements of the Company;
Shareholding & Lock-in
Pre-IPO Promoter Holding
14,01,000 shares
Post-IPO Promoter Holding
19,29,000 shares