SBL Infratech IPO is all set to make its debut on 16h sept 21 with 2.37Cr is mainly engaged in the business of real estate brokerage, selling plots of land, and developing and selling affordable housing.
SBL Infratech IPO – overview
| IPO Dates | 16- 20 sept 2021 |
| IPO Price | INR 111 per share |
| Fresh issue | 2,136,000 shares (INR 2.37 crore) |
| Offer For Sale | Nil |
| Total IPO size | 2,136,000 shares (INR 2.37 crore) |
| Minimum bid (lot size) | 1200 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
SBL Infratech IPO – Tentative Dates
| IPO Offer Opening Date | 20 Sept 2021 |
| IPO Closing Date | 22 Sept 2021 |
| Finalization of Basis of Allotment | 27 Sept 2021 |
| Initiation of refunds | 28 Sept 2021 |
| Transfer of shares to demat accounts | 28 Sept 2021 |
| IPO Listing Date | 30 Sept 2021 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Overview
Incorporated in 2015, SBL Infratech is mainly engaged in the business of real estate brokerage, selling plots of land, and developing and selling affordable housing. The company has a vision to grow into one of the most trusted brand names in Real Estate sector.
SBL Infratech’s business operations include all activities related to real estate development, starting from identification and acquisition of land till through the planning, execution, and sales of their developed projects. The company has successfully launched & executed projects like Shubh Niwas and DayalVihar in Neemrana, Rajasthan.
Industry Overview
The real estate sector is one of the most globally recognized sectors. In India, real estate is the second largest employer after agriculture and is slated to grow at 30 per cent over the next decade. The real estate sector comprises four subsectors – housing, retail, hospitality, and commercial. The growth of this sector is well complemented by the growth of the corporate environment and the demand for office space as well as urban and semi-urban accommodation. The construction industry ranks third among the 14 major sectors in terms of direct, indirect and induced effects in all sectors of the economy.
Competitive Strengths:
- Focus on developing and maintaining long-term relationships with clients, agricultural landowners, and real estate brokers.
- Good quality clientele attracted by strong marketing presence and close follow-up with prospective clients.
- Emphasis on quality design and construction.
- Experienced Promoter and Management Expertise.
- Good brand recognition and improved brand recall.
Objectives of the issue
- To Meet Capital Expenditure Requirements.
- Acquisitions and Other Strategic Initiatives.
- General Corporate purposes.
Company Financials
| Particulars | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 |
| Total Assets | 68.18 | 67.27 | 32.13 |
| Total Revenue | 148.67 | 19.7 | 18.54 |
| Profit After Tax | 10.66 | 0.38 | 0.22 |
Company Contact Information
SBL Infratech Limited
Plot No.44, Block B-10, Second Floor
Sector-13, Dwarka
New Delhi-110070
Phone: +91-9873732329
Email: cs@sblinfra.com
Website: https://sblinfra.com/
Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/
Lead Manager(s)
- Fast Track Finsec Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
