Pansari Developers SME IPO – Details & Review
Pansari Developers has announced its SME IPO and the IPO is opened on 30-Sep for subscription.
Issue Details of IPO:
IPO Open : 30th Sep to 7th Oct 2016
Issue Price: Rs 22 per share
Issue Size: Rs 10.19 crores
Minimum Bid - 6000 shares
Maximum Bid - 6000 shares
Minimum Investment: Rs 132000
Book Running Lead Managers : Hem Securities
Registrar – Link Intime
Listing: The shares will be listed on SME platform of NSE.
Background:
Pansari Developers is Kolkata, West Bengal based integrated construction and real estate development company (Incorporated in 1996), focused primarily on construction and development of residential and commercial projects, in and around Kolkata.
Companys projects are marketed under the brand name of Purti such as Purti flower, Purti plane...