SBL Infratech was incorporated on August 10, 2015. The company is in the business of real estate brokerage
| Bidding Dates |
|---|
| 16 Sep 2021 - 20 Sep 2021 |
| Subscription |
|---|
| 1.56x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,33,200 | 1 | 1 | 1200 | 213.6 K | ₹111 | 73.67 % | ₹23.7 M | RHP DOC |
SBL Infratech IPO SUBSCRIPTION STATUS
20 Sep '21SBL Infratech IPO overall subscription rate was 1.56 times the total available shares
SBL Infratech IPO retail subscription rate was 2.37 times in the retail segment
SBL Infratech IPO non-institutional investor subscription rate was 0.76 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
17 Sep 2021 (Day 2) | 0.86x | 0.4x | - |
20 Sep 2021 (Day 3) | 2.37x | 0.76x | - |
16 Sep 2021 (Day 1) | 0.36x | 0.4x | - |
SBL Infratech FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| FY21 | 0.2 | 4.0 | -14.2 | -14.3 |
| FY20 | 1.1 | 14.9 | 0.4 | 0.1 |
| FY19 | 0.0 | 2.0 | 0.4 | 0.4 |
| FY18 | 0.0 | 1.9 | 0.1 | 0.1 |
SBL Infratech IPO SUBSCRIPTION STATUS DETAILS
SBL Infratech had 213.6 K shares on offer
SBL Infratech IPO offer price was ₹111
SBL Infratech IPO minimum Investment was ₹133200
SBL Infratech IPO issue size was ₹ 23.7 M
SBL Infratech had a minimum lot size of 1200 Shares per application
SBL Infratech NUMBER OF SHARES ON OFFER
SBL Infratech IPO IMPORTANT DATES
| Issue Open Date | 16 Sep 2021 |
| Issue close Date | 20 Sep 2021 |
| Allotment Date | 22 Sep 2021 |
| Refund Date | 27 Sep 2021 |
| Demat Account Credit Date | 27 Sep 2021 |
| Listing Date | 28 Sep 2021 |
| Listing on Exchange(s) | BSE |
| SBL Infratech Allotment Status | Exchange |
SBL Infratech IPO subscription opened on 16 Sep 2021, and closed on 20 Sep 2021
IPO allotment for SBL Infratech was finalized on Wednesday, 22 Sep 2021
IPO listing for SBL Infratech was on BSE on Tuesday, 28 Sep 2021
SBL Infratech IPO LISTING GAINS
| Issue Price (adjusted) | 111.0 |
| Listing Open Price | 130.0 |
| Listing Close Price | 125.0 |
| Listing Gain% | 17.1% |
| Current Gain% | -52.3% |
SBL Infratech Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SBL Infratech Ltd. | 53 | 4.3 | 27.3 | -2 | 0.1 | 4 | 2.7 | 36.1 | 51.3 | 0.2 | -13.7 | 1.9 | -13.7 |
| DLF Ltd. | 642 | 158915 | 35.7 | -41.3 | 23.5 | 9.7 | 5.9 | 9816 | 9.1 | 4414.7 | 1.1 | 18 | -0.9 |
| Lodha Developers Ltd. | 1218.7 | 121763.9 | 29.5 | 0.8 | 6.7 | 14.7 | 5.8 | 17119.5 | 20.8 | 3428.2 | 24 | 41.3 | 39.2 |
| Prestige Estates Projects Ltd. | 1584.8 | 68262.1 | 59.9 | 0.5 | 5.2 | 7.3 | 1.6 | 13195.5 | 70.6 | 1195.5 | 155.7 | 26.4 | 115.9 |
| Phoenix Mills Ltd. | 1895.5 | 67795.2 | 53 | 1.8 | 14.9 | 11.1 | 5.4 | 4593.6 | 15.9 | 1223.8 | 24.3 | 35.8 | 29 |
| Oberoi Realty Ltd. | 1775 | 64539.4 | 24.5 | 0.9 | 10.2 | 14 | 9.9 | 6304.3 | 15.2 | 2507.4 | 12.7 | 72.3 | 27.5 |
SBL Infratech INFORMATION ON IPO ISSUE
About SBL Infratech
SBL Infratech was incorporated on August 10, 2015. The company is in the business of real estate brokerage
Object of the Issue
- To meet out the working capital requirements of the company.
- To meet out the general corporate purposes
- To meet out the issue expenses
SBL Infratech - PROMOTERS
| Name |
|---|
| Ankit Sharma |
| Shifali Sharma |
SBL Infratech Lead Manager
Fast Track Finsec Private Limited
vikasverma@ftfinsec.com
SBL Infratech Registrar to the Offer
Skyline Financial Services Private Limited
compliances@skylinerta.com
SBL Infratech Strengths
Long-term relationships
The company focuses on developing and maintaining long-term relationships with clients, agricultural landowners, and real estate brokers
Quality clientele
The company has good quality clientele attracted by a strong marketing presence and close follow-up with prospective clients
Brand recognition
The company has good brand recognition and emphasis on quality design and construction
SBL Infratech Risks
Company has not complied with certain statutory provisions
The company has not complied with certain statutory provisions of the Stamp Act, 1899 and such non- compliances/lapses may attract penalties and prosecution against the company and its directors
Doesn't own property
The company doesn’t own the premises where it’s registered is situated, and rent agreements have been executed for the same
IPO FAQs
SBL Infratech Ltd. IPO listing opened at Rs 130.00 while the issue price was Rs 111.00 giving 17.12% returns. After adjusting for subsequent bonus and splits, the stock trades at Rs 111.00 giving -52.25% gains since its IPO listing.
The promoters of the company are Ankit Sharma and Shifali Sharma.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 111.0 - 111.0.
The IPO application opens on Sep 16, 2021 and closes on Sep 20, 2021.
The minimum lot size for the IPO is 1200. The maximum lot size for the IPO is 1200.
For all category investors, the minimum application amount for this IPO is Rs. 133,200.0, the maximum value for this IPO is Rs 133,200.0.
This IPO will be allotted on Sep 22, 2021.
The refund will be credited to your account on Sep 27, 2021.
The allotted shares will be credited to your demat on Sep 27, 2021.
SBL Infratech Ltd.’s shares listed on the stock exchanges on Sep 28, 2021.