Shreeshay Engineers Ltd IPO

Closed

Subscription Details

  • Open Date 09 Mar
  • Close Date 13 Mar
  • Lot Size 8000
  • IPO Size ₹ 5.4 Cr
  • IPO Price Range ₹ 15
  • Min Investment ₹ 120000

Shreeshay Engineers Ltd IPO Timeline

Open Date
09 Mar
Close Date
13 Mar
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 36,00,000 equity shares of Rs. 10 each (equity shares) of Shreeshay Engineers Limited (SEL or the company) for cash at a price of Rs. 15 per share (the issue price), aggregating to Rs. 5.40 crores (the issue), of which 1,92,000 equity shares of face value of Rs. 10 each will be reserved for subscription by market makers to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 34,08,000 equity shares of face value of Rs. 10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 27.27% and 25.81%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity share is Rs. 10 and the issue price is 1.5 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 Shreeshay Engineers Ltd IPO

Contact Information

Address

501 Kailas Plaza VB Lane,
Ghatkopar East,
Mumbai, Maharashtra 400077

Shreeshay Engineers Ltd IPO Lead Manager

Aryaman Financial Services Ltd
Open Demat Account