Business description from prospectus – Sharika Enterprises is engaged in Engineering Procurement Construction (EPC) contracts, specialized assembling, trading activities, Erection Services, Representation services to mainly power generation, transmission and distribution sector. It has grown consistently over the years and has widened portfolio which covers 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.
The company is headquartered in the National Capital Region in India and with having assembling unit in Jammu and Noida. Also, the company is an ISO 9001:2015 certified for providing Consultancy, Project Management, EPC Contracts in field of Power Generation, Transmission and Distribution. Sharika Enterprises operates in the infrastructure sphere in India focusing on the power sector and works with international and Indian power equipment manufacturers and is involved in project management/EPC contractors.
Promoters of Sharika Enterprises – Mr Rajinder Kaul, Mr Ravinder Bhan and Mr Arun Kaul
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Sharika Enterprises IPO details |
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| Subscription Dates | 15 – 17 November 2017 |
| IPO Price band | INR43 per share |
| Fresh issue | 3,225,000 shares (INR13.87 crore) |
| Offer for sale | Nil |
| Total IPO size | 3,225,000 shares (INR13.87 crore) |
| Minimum bid (lot size) | 3,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
| Sharika Enterprises’ consolidated financial performance (in INR crore) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | 2MÂ FY2018 | |
| Total revenue | 7.0 | Â 8.6 | 13.5 | 12.3 | 18.8 | 2.4 |
| Total expenses | 5.4 | 6.7 | 13.3 | 11.0 | 15.4 | 1.7 |
| Profit after tax | 1.1 | 0.7 | 0.2 | 0.8 | 2.2 | 0.5 |
Sharika Enterprises Limited
B-124, Sector-67
Gautam Budh Nagar
Noida, Uttar Pradesh-201301
Phone: +91 120 259 3900
Email: [email protected]
Website: www.sharikaindia.com
| Day |
Subscription (no. of times) |
| Day 1 | 1.97 |
| Day 2 | 3.54 |
| Day 3 | 59.27 |
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Earnings Per Share (EPS): INR2.65
Price/Earnings (P/E) ratio: 16.20
Return on Net Worth (RONW): 20.22%
Net Asset Value (NAV): INR13.12 per share
Skyline Financial Services Pvt Ltd
A49, Gundecha Onclave, Kherani Road,
Sakinaka, Mumbai – 400 072
Maharashtra, India
Phone: +91 22 2851Â 1022
Email:Â [email protected]
Website: www.skylinerta.com
Sharika Enterprises IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.
IPO Opening Date: 15 November 2017
IPO Closing Date: 17 November 2017
Listing Date: To be updated
Listing Price on BSE SME: INR51.6 per share (up 20% from IPO price)
Closing Price on BSE SME: INR51.6 per share (up 20% from IPO price)
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