IPO Issue Details
Issue Price / Price Band₹12 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size10,000 Shares per Lot
Total Issue Size42,00,000 shares (aggregating up to ₹5.04 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 23 Aug 2016
Subscription CloseMon, 29 Aug 2016
Anchor AllotmentMon, 22 Aug 2016
Basis of AllotmentSun, 04 Sep 2016
Initiation of RefundsMon, 05 Sep 2016
Credit of Shares to DematMon, 05 Sep 2016
Listing DateTue, 06 Sep 2016
UPI Mandate Deadline2016-08-29
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 10,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 20,000 shares
Net Offer to Public39,80,000 shares (aggregating up to ₹4.78 Cr)
Reserved for Market Maker2,20,000 shares (aggregating up to ₹0.2640 Cr)
Pre-IPO Promoter Holding90,15,050 shares
Post-IPO Promoter Holding1,32,15,050 shares
About Shiva Granito Export Ltd.
Incorporated in 2007, Shiva Granito Export Ltd is engaged in import and export of decorative stones, minerals and chemicals. .Information in this paragraph is taken from chittorgarh.com, India's No. 1 IPO Investment PortalCompany manufactures quartz stone slabs, various grades of resins, quartz stone powder, and god and goddess statues/deities.The Company operates a resin manufacturing unit with an annual capacity of approximately 1900 metric tons (MT) of different grades, such as polyethylene terephthalate (PET), general purpose and marble grade. They also operates a quartz slab manufacturing unit with an annual capacity of over 1.5 million square feet for manufacturing quartz slab of different colors and sizes. Discuss this IPO on Chittorgarh.com, the most active IPO discussion forum.. It offers a range of quartz stone slabs, which include galaxy series and fine series in various colors; earth series, and premium series, which it designs to incorporate the marble design in the quartz surfaces. The Company also has an automated quartz powder manufacturing unit with an annual capacity of approximately 4500 MT of different mesh sizes.
Objects of the Issue
Shiva Granito Export Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Working Capital Requirement
4.14
2
2 General Corporate Purpose
0.50
Shareholding & Lock-in
Pre-IPO Promoter Holding
90,15,050 shares
Post-IPO Promoter Holding
1,32,15,050 shares