Art Nirman Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

30 Sep 2016

Close Date

07 Oct 2016

Allotment

13 Oct 2016

Listing Date

19 Oct 2016

Exchange

NSE SME

Price Band

₹25

Listing Price

See chart

Allotment Status

Check registrar

Price Band

₹25

Per share

Face Value

₹10 per share

Lot Size

6,000 Shares

per lot

Issue Size

20,04,000 shares (aggregating up to ₹5.01 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹150,000

1 lot

Pre-IPO Holding

56,00,000 shares

Promoters

Post-IPO Holding

76,04,000 shares

Promoters

UPI Deadline

2016-10-07

Mandate

Anchor AllotmentThu, 29 Sep 2016

Basis of AllotmentThu, 13 Oct 2016

Refund InitiationFri, 14 Oct 2016

Demat CreditFri, 14 Oct 2016

Listing DayWed, 19 Oct 2016

UPI Mandate Deadline2016-10-07

Sale TypeFresh Capital

Net Offer to Public19,02,000 shares (aggregating up to ₹4.76 Cr)

Market Maker Quota1,02,000 shares (aggregating up to ₹0.2550 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Subscription Rate Final

Art Nirman Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 07 Oct 2016.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	102,000	—	₹0.26
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	2,004,000	100%	₹5.01

IPO Shares Offered

Art Nirman Ltd. IPO total issue size: ₹5.01 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	102,000	₹0.26	5.09%
Total	2,004,000	₹5.01	100.00%

* Based on upper price band ₹25 per share

Lot Size & Investment

Lot Size

6,000

Shares per Lot

Issue Price

₹25.00

Upper Band

Min Investment

₹150,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	12,000	₹300,000
Retail (Max — 13 Lots)	13	78,000	₹1,950,000
S-HNI (Min — 14 Lots)	14	84,000	₹2,100,000
B-HNI (Min — 68 Lots)	68	408,000	₹10,200,000

* Issue Price ₹25 × Lot Size 6,000 shares

IPO Schedule

Anchor

29 Sep 2016

✓ Done

IPO Open

30 Sep 2016

✓ Done

IPO Close

07 Oct 2016

✓ Done

Allotment

13 Oct 2016

✓ Done

Refunds

14 Oct 2016

✓ Done

Demat Credit

14 Oct 2016

✓ Done

Listing Day

19 Oct 2016

✓ Done

₹25.00

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Issue ₹25.00 Live Price

About Art Nirman Ltd.

Incorporated in 2011, Art Nirman Ltd is Ahmedabad, Gujarat based real estate developer involve in development of residential & commercial projects. In 2013, company started construction of our first residential cum commercial project 'Shri Vishnudhara Cross Road' in Ahmedabad and successfully completed in 2016. The project include of 5 towers containingtotal of 154 residential apartments of 2 and 3 BHK and 25 commercial shops, with a total built up area of 2,09,701 sq. ft.Company carry all the construction activities by subcontracting the project work to third party contractors.

Objects of the Issue

1 To Meet Working Capital Requirement

2 General Corporate Purpose

Art Nirman Ltd. Financials (Amount in Rs Cr)

Revenue from Operations

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Profit After Tax (PAT)

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Particulars	FY 2024-25	FY 2023-24	FY 2022-23
Revenue from Operations	N/A	N/A	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	N/A	N/A	N/A
Net Worth	N/A	N/A	N/A
Total Assets	N/A	N/A	N/A
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Financial data will be published once DRHP/RHP is filed with SEBI.

Issue Structure & Shareholding

Total Shares Offered20,04,000 (100.00%)

Net Offer to Public19,02,000 shares (aggregating up to ₹4.76 Cr)

Reserved for Market Maker1,02,000 shares (aggregating up to ₹0.2550 Cr)

Pre-Issue Promoter Holding56,00,000 shares

Post-Issue Promoter Holding76,04,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Sharex Dynamic (India) Pvt.Ltd.

+91- 22 - 2851 5606

Book Running Lead Managers

Hem Securities Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Art Nirman Ltd. IPO subscribed? ▲

Art Nirman Ltd. IPO is subscribed 1.00 times by Oct 07, 2016. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Art Nirman Ltd. IPO retail subscription status? ▼

The Art Nirman Ltd. IPO retail category is subscribed 1.00 times as of 07 Oct 2016. The retail portion is oversubscribed.

How to subscribe Art Nirman Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 30 Sep 2016 and closes 07 Oct 2016. Min investment: ₹150,000 (1 lot = 6,000 shares). UPI mandate: 2016-10-07.

How many times Art Nirman Ltd. IPO subscribed? ▼

The Art Nirman Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Art Nirman Ltd. IPO allotment? ▼

Check allotment on the registrar website (Sharex Dynamic (India) Pvt.Ltd.). Enter your PAN, application number or DP/Client ID. Allotment date: 13 Oct 2016. Refunds: on 14 Oct 2016.

When Art Nirman Ltd. IPO will be listed? ▼

The Art Nirman Ltd. IPO listing date is 19 Oct 2016, Wednesday. Listed on: NSE SME. Issue price: ₹25. Estimated listing: ₹25. GMP: NIL.

When Art Nirman Ltd. IPO close? ▼

The Art Nirman Ltd. IPO closes on 07 Oct 2016, Friday. UPI mandate: 2016-10-07. Allotment: 13 Oct 2016. Listing: 19 Oct 2016.

Quick Actions

Live Price LIVE

Last Price₹25.00

Change—

Issue Price₹25.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹25

Face Value₹10

Lot Size6,000 Sh

Min. Amount₹150,000

GMPNIL

Est. Listing₹25

Subscribed1.00x

Open Date30 Sep 2016

Close Date07 Oct 2016

Allotment13 Oct 2016

Listing Date19 Oct 2016

ExchangeNSE SME

UPI Deadline2016-10-07