Pushpanjali Realms & Infratech Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,256,000 (47%) | — | ₹691 Cr |
| Retail | — | 1,256,000 (47%) | — | ₹691 Cr |
| Market Maker | — | 134,000 (5%) | — | ₹7 Cr |
| Σ Total | — | 2,646,000 (100%) | — | ₹14,553 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹110,000 |
| Retail (Max) | 13 | 26,000 | ₹1,430,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,540,000 |
| B-HNI (Min) | 67 | 134,000 | ₹7,370,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To meet the fund requirements for execution of the Ongoing Projects including working Capital Requirements – 11.19
- General Corporate Purposes – 2.90
- Issue Expenses – 0.46
Company Overview
Incorporated in 2013, Pushpanjali Realms and Infratech Ltd is a real estate development company focused primarily on construction and development of residential projects.
COMPETITIVE STRENGTHS
1. Sizeable and diverse portfolio of projects in Dehradun, Uttarakhand, India
2. An established Brand name and execution track record
3. Quality Assurance and Standards
4. Cordial relations with our customers and contractors
They have successfully executed one Residential Project named Upscale Living in Dehradun, Uttarakhand. Currnently company's ongoing Projects are 1. Eminent Heights, Dehradun, Uttarakhand, 2. Orchid Park, Dehradun, Uttarakhand.