Thursday, February 06, 2020

Shri Bajrang Power IPO gets SEBI's Go Ahead

Shri Bajrang Power IPO gets SEBI's go-ahead for ₹500 crores initial public offer. The company is doing a production of Iron Ore, Steel and Steel products since 2002. The company is one of the largest Industrial House of Central India headed by Shri Suresh Goel. The group has diversified into manufacturing as well as service sectored segments like Iron & Steel, Mining, Power, Ferro Alloys, Fly Ash Bricks, Digital Marketing, and Media. Stay tuned for Shri Bajrang Power IPO dates, price band, and market lot details.


Shri Bajrang Power IPO Review:

  • Adding Soon

Shri Bajrang Power IPO Dates & Price Band: (Tentative)

 IPO Open:  -
 IPO Close:  -
 IPO Size:  Approx ₹500 Crore (Approx)
 Face Value:  ₹10 Per Equity Share
 Price Band:  ₹- Per Share
 Listing on:  BSE & NSE
 Retail Portion:  -%
 Equity:  - Shares

Shri Bajrang Power IPO Market Lot:

 Lot Size:  Minimum - Shares & Maximum - Shares
 Minimum Amount:  ₹-
 Maximum Amount:  ₹-

Shri Bajrang Power IPO Allotment & Listing:

 Basis of Allotment:  -
 Refunds:  -
 Credit to Demat Account:  -
 Listing Date:  -

Shri Bajrang Power IPO Form:

How to apply the Shri Bajrang Power IPO? You can apply Shri Bajrang Power IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Shri Bajrang Power IPO in the Invest section. The other option you can apply Shri Bajrang Power IPO via IPO forms download via NSE and BSE. Check out the Shri Bajrang Power forms - Shri Bajrang Powers NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

Shri Bajrang Power Financial:

  ₹ in Crore
Revenue Expense PAT
2015 - - -
2016 - - -
2017 - - -
2018 - - -
2019 - - -

Company Promoters:

  • Suresh Goel
  • Rajendra Goel
  • Narendra Goel
  • Anand Goel
  • Atlanta Securities Private Limited (ASPL)
  • Banka Finance & Securities Private Limited. (BFSPL)

Quick Links:

DRHP Draft Prospectus
RHP Draft Prospectus

INITIAL PUBLIC OFFERING OF UP TO [●] EQUITY SHARES OF FACE VALUE OF ` 10 EACH (“EQUITY SHARES”) OF SHRI BAJRANG POWER AND ISPAT LIMITED (“OUR  COMPANY” OR THE “ISSUER”) FOR CASH AT A PRICE OF ` [●] PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF ` [●] PER EQUITY SHARE) (THE “ISSUE PRICE”) AGGREGATING UP TO ` 5,000 MILLION. THE ISSUE WILL CONSTITUTE UP TO [●] % OF THE POST-ISSUE PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY. THE FACE VALUE OF EACH EQUITY SHARE IS ` 10 EACH. THE ISSUE PRICE IS [●] TIMES THE FACE VALUE OF THE EQUITY SHARES. THE PRICE BAND AND THE MINIMUM BID LOT WILL BE DECIDED BY OUR COMPANY IN CONSULTATION WITH THE BRLMS AND WILL BE ADVERTISED IN [●]EDITIONS OF [●] (A WIDELY CIRCULATED ENGLISH NATIONAL DAILY NEWSPAPER), [●] EDITIONS OF [●] (A WIDELY CIRCULATED HINDI NATIONAL DAILY NEWSPAPER) AND [●] EDITION OF [●] (A WIDELY CIRCULATED [●] DAILY NEWSPAPER, [●] BEING THE REGIONAL LANGUAGE OF CHHATTISGARH, WHERE OUR REGISTERED OFFICE IS LOCATED) AT LEAST FIVE WORKING DAYS PRIOR TO THE BID/ISSUE OPENING DATE AND SHALL BE MADE AVAILABLE TO BSE LIMITED (“BSE”) AND NATIONAL STOCK EXCHANGE OF INDIA LIMITED (“NSE”, AND TOGETHER WITH BSE, THE “STOCK EXCHANGES”) FOR UPLOADING ON THEIR RESPECTIVE WEBSITES.

Shri Bajrang Power IPO Registrar:

Link Intime India Private Limited
C-101, 1st Floor, 247 Park,
Lal Bhadur Shastri Marg,
Vikhroli (West), Mumbai 400 083
Telephone: +91 022 49186200
Facsimile +91 022 49186195
Email: sbpil.ipo@linkintime.co.in
Investor grievance e-mail: sbpil.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact Person: Ms. Shanti Gopalkrishnan
SEBI Regn. Number: INR000004058
Note: Check Shri Bajrang Power IPO allotment status on Linkintime website allotment URL. Click Here

Shri Bajrang Power IPO Lead Managers:

  • IDBI Capital Markets & Securities Limited
  • Equirus Capital Private Limited
  • SBI Capital Markets Limited

Company Address:

Shri Bajrang Power and Ispat Limited
Village Borjhara, Guma Road, Urla Growth Center
Raipur-493 221, Chhattisgarh
Tel: 0771-4288019/4288029/4288039
Fax: 0771-4288123
E-mail: cs@goelgroup.co.in
Website: www.sbpil.co.in
Contact Person: Parul Verma
Company Secretary and Compliance Officer
Corporate Identity Number: U27106CT2002PLC015184

Shri Bajrang Power IPO FAQs:


When Shri Bajrang Power IPO will open for Anchor Investors?
The Anchor Investors bidding is not announced yet.

When Shri Bajrang Power IPO will open for QIB, NII, and Retail?
The IPO to open on - for QIB, NII, and Retail Investors.

What is Shri Bajrang Power IPO Investors Portion?
The investors' portion for QIB--%, NII--%, and Retail--%.

How to Apply the Shri Bajrang Power IPO?
You can apply Shri Bajrang Power IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Shri Bajrang Power IPO Allotment Date?
Shri Bajrang Power IPO allotment date is not finalized yet. You can check IPO allotment here.

What is Shri Bajrang Power IPO Listing Date?
Shri Bajrang Power IPO listing date is not finalized yet. The IPO to list on NSE and BSE.

Note: The IPO price band and dates will be added as it will be officially announced. The IPO grey market premium (IPO GMP) will be added on the grey market page as it will start)