Shree Krishna Infrastructure IPO

Shree Krishna Infrastructure IPO overview – Shree Krishna Infrastructure undertakes a number of business activities, namely:

Trading of perfumed incense sticks – The company has recently started trading of perfumed incense sticks. In the month of August 2018, the company exported one container of incense sticks to Togo in West Africa.

Contract Farming – Shree Krishna Infrastructure Limited plans to do contract farming at Nikoli, Taluka- Nandod, District-Narmada, Rajpipla-393145 Gujarat on a total land area of around 7.40 acres and intends to cultivate Tulsi and Nepali Satavari for Amritanjali Ayurved (OPC) Private Limited. To execute the same, the company has already signed business agreement dated May 30, 2017 with 3 land owners who will provide their land on long term basis (10 Years) for the said purpose.

Sales and Marketing of Navigation Equipment in Gujarat – M/s. Marine Navaids And Solar Auto Private Limited (MNSAPL) has appointed Shree Krishna Infrastructure Limited as its sole agent in Gujarat vide agreement dated May 10, 2018 for the purposes of sales and marketing of MNSAPL’s products & services which are into manufacturing of Aids to Navigation Equipment and Maritime consultancy for aids to navigation. The said agreement shall remain valid for a period of 3 years.

Distribution of E-Vehicles – MNSAPL is also carrying on business of manufacturing of solar operated Auto Vehicles and has agreed to designate Shree Krishna Infrastructure Limited as its Exclusive Distributor in Gujarat vide agreement dated March 31, 2018. The said agreement shall remain valid for 10 years.

Marketing arrangement for Terra Technologies and services – The company has entered into an agreement dated December 18, 2017 with USA based Terra Energy & Resources Technologies, Inc. as marketing representative for India, for marketing of valuable and proprietary natural resource exploration technologies and offers exploration services in subsurface exploration and identification of oil, gas, water, minerals, gems and other valuable elements.

Promoters of Shree Krishna Infrastructure – Mr Ravi Rajiv Kotia and Mr Amit Rameshbhai Kotia

Shree Krishna Infrastructure’s Contact Details

Shree Krishna Infrastructure Limited
Bungalow No.36, Rang Residency
Vadia, Rajpipla
Narmada- 393145, Gujarat

Phone: +91 8849865932
Email: [email protected]
Website: www.skifl.com

Shree Krishna Infrastructure IPO Subscription Details

Shree Krishna Infrastructure Valuation (For FY2018)

Earnings Per Share (EPS): INR0.13

Price/Earnings (P/E) ratio: 100

Return on Net Worth (RONW): 0.92%

Net Asset Value (NAV): INR12.79 per share

Registrar of Shree Krishna Infrastructure IPO

Satellite Corporate Services Pvt Ltd
B-302, Sony Apartment, 90 feet road,
Jarimari, Sakinaka, Mumbai – 400 072
Maharashtra, India

Phone: +91 22 2852 0461
Fax: +91 22 2851 1809
Email: [email protected]
Website: www.satellitecorporate.com

Shree Krishna Infrastructure IPO Allotment Status

Shree Krishna Infrastructure IPO allotment status is now available on Satellite Corporate Services’ website. Click on this link to get allotment status.

Listing performance of Shree Krishna Infrastructure

IPO Opening Date: 15 November 2018

IPO Closing Date: 22 November 2018

Listing Date: 3 December 2018

Listing Price on BSE SME: INR12.35 per share (down 5% from IPO price)

Closing Price on BSE SME: INR12.35 per share (down 5% from IPO price)