Sadbhav Infrastructure Projects Ltd IPO

Closed

Subscription Details

  • Open Date 31 Aug
  • Close Date 02 Sep
  • Lot Size 145
  • IPO Size ₹ 491.66 Cr
  • IPO Price Range ₹ 103
  • Min Investment ₹ 14935

Sadbhav Infrastructure Projects Ltd IPO Timeline

Open Date
31 Aug
Close Date
02 Sep
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 47733659 equity shares of face value of Rs. 10 each (The equity shares) of Sadbhav Infrastructure Project Limited (The company or issuer) for cash at a price of Rs. 103 per equity share (Including a share premium of Rs. 93 per equity share) aggregating up to Rs. 491.66 crores (Issue) consisting of a fresh issue of 41,262,135 equity shares aggregating to Rs. 425 crores an offer for sale of 3,235,762 equity shares by Xander Investment Holding XVII Limited and 3,235,762 equity shares by Norwest Venture Partners VII - A - Mauritius (The selling shareholders). The issue comprises a net issue to the public of 45,306,475 equity shares aggregating to Rs. 4,666.57 (The Net Issue) and a reservation of 2,427,184 equity shares aggregating to Rs. 25.00 crores for subscription by eligible employees (The employee reservation portion). The issue would constitute 13.55% of the post-issue paid-up equity share capital and the net issue to the public would constitute 12.86% of the post-issue paid-up equity share capital. The Issue Price is Rs.103 per equity shares of face value of Rs. 10 each. The issue price is 10.30 times of the face value.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Sadbhav Infrastructure Projects Ltd IPO

Contact Information

Address

Sadbhav House Opp Law Garden,
Police Chowki Ellisbridge,
Ahmedabad, Gujarat 380006

Open Demat Account