IPO Issue Details
Issue Price / Price Band₹40 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size42,78,000 shares (aggregating up to ₹17.11 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 28 Mar 2018
Subscription CloseThu, 05 Apr 2018
Anchor AllotmentTue, 27 Mar 2018
Basis of AllotmentTue, 10 Apr 2018
Initiation of RefundsWed, 11 Apr 2018
Credit of Shares to DematThu, 12 Apr 2018
Listing DateThu, 12 Apr 2018
UPI Mandate Deadline2018-04-05
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 3,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 6,000 shares
Net Offer to Public40,56,000 shares (aggregating up to ₹16.22 Cr)
Reserved for Market Maker2,22,000 shares (aggregating up to ₹0.8880 Cr)
Pre-IPO Promoter Holding98,92,350 shares
Post-IPO Promoter Holding1,41,70,350 shares
About S.S.Infrastructure Development Consultants Ltd.
Incorporated in 2007, Hyderabad based S.S. Infrastructure Development Consultants Private Limited is engaged in the business of Engineering Consultancy and is an Integrated Infrastructure Development solution provider in India. The Company provides Architectural Planning, Comprehensive Civil/Structural designs, Project Management Consultancy, Repairs and Rehabilitation, Quality Management Systems through well-qualified teams and experienced promoters.S.S Infrastructure mainly participates in the tenders floated by the Government authorities, Corporate establishments and other business entities. It has executed large projects for organizations like Cyient Limited (formerly known asInfotech Enterprises Limited), Granules India Limited and Government Organizations.The strengths of the company are-1. Expertise in structural designingconsulting services.2. Vintage with the Defense and otherorganization3. High-Value Order book4. Experienced Management Team,Promoters and Board of DirectorsThe company has 115 employees on its payroll.
Objects of the Issue
S.S.Infrastructure Development Consultants Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Renovation of existing offices and Opening of new branch office
2.53
2
2 Purchasing of software’s and hardware’s
0.56
3
3 Repayment of Secured & Unsecured loans availed by the Company
1.01
4
4 Funding the working capital requirements of the Company
9.50
5
5 General Corporate Purpose
1.80
Shareholding & Lock-in
Pre-IPO Promoter Holding
98,92,350 shares
Post-IPO Promoter Holding
1,41,70,350 shares