Sharika Enterprises IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,530,000 (47%) | — | ₹658 Cr |
| Retail | — | 1,530,000 (47%) | — | ₹658 Cr |
| Market Maker | — | 165,000 (5%) | — | ₹7 Cr |
| Σ Total | — | 3,225,000 (100%) | — | ₹13,868 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 | 3,000 | ₹129,000 |
| Retail (Max) | 13 | 39,000 | ₹1,677,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,806,000 |
| B-HNI (Min) | 67 | 201,000 | ₹8,643,000 |
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 Working Capital Requirement – 9.91
- Public Issue Expenses – 1.05
- General Corporate Expenses – 2.91
Company Overview
Incorporated in 1998, Sharika Enterprises is engaged in Engineering Procurement Construction (EPC) contracts, specialized assembling, trading activities, Erection Services, representation services to majorly power Generation, Transmission and Distribution sector.
Sharika Enterprises project portfolio also include installing power transmission EHV cables, designing & installing EMS (Energy Management System) and allied distribution automation Equipments such as Autoreclosers, fault passage indicators (FPI) etc., designing and installing of Solar Power Generation plants.
Sharika Enterprises is based out of Noida and have assembling unit in Jammu and Noida.
Services provided by Sharika Enterprises
1. Engineering Procurement Constructions (EPC)
2. Representative Services
3. Other consultancy Services