Rategain Travel Technologies IPO
December 6, 2021C.E. Info Systems Limited IPO
December 6, 2021
Shriram Properties Limited IPO
Open: Dec 8, 2021 | Close: Dec 10, 2021
To open an account with Navjeevan, click here.
About the Business
Incorporated in 2000, Shriram Properties is a part of the Shriram Group and is one of the leading residential real estate development companies in South India. The company primarily focuses on the mid-market and affordable housing segments. The company is also present in the mid-market premium and luxury housing categories as well as commercial and office space categories. Bengaluru and Chennai are the key markets for the company. The company also has operations in Coimbatore, Visakhapatnam, and Kolkata.
As of September 30, 2021, the company has completed 29 projects, out of which 24 are in the cities of Bengaluru and Chennai. As of September 30, 2021, the company has a total portfolio of 35 projects in ongoing, projects under development, and forthcoming projects, stages, aggregating to 46.72 million square feet of estimated saleable area.
Funds from the fresh issue will be used for
The Company will utilize fresh issue proceeds for the following:
- Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the company and its subsidiaries, Shriprop Structures, Global Entropolis and Bengal Shriram.
- General corporate purposes, subject to applicable laws.
Company Financials: (in crores)
How to apply for an IPO/Buyback Online via Navjeevan?
- Step 1: Go to our website and select an IPO that you wish to apply for.
- Step 2: Log in your details (Non-Navjeevan Client can log in via their mobile number).
- Step 2: Enter the price at which you want to apply for shares and the number of lots and provide your UPI ID
- Step 4: Submit the application and then approve the block funds request on the UPI App.
- Step 5: Done
Open: December 8, 2021 | Close: December 10, 2021