Supreme Infrastructure India IPO
Supreme Infrastructure India IPO — date, price band, lot size & details 2007
Supreme Infrastructure India listed on 18 Oct 2007 at ₹187.5, 73.6% above the ₹108 issue price.
Supreme Infrastructure India is a Mumbai based construction company that built roads and highways on contracts from agencies such as NHAI. Its total income was Rs 95.93 crore in FY2007.
Stock price
Supreme Infrastructure India is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 12 November.
- Open 21 Sep 2007
- Close 26 Sep 2007
- Allotment 09 Oct 2007
- Refund/credit TBA
- Listing 18 Oct 2007
Issue summary
The terms of the offer, as filed.
| IPO Dates | 21 to 26 Sep, 2007 |
|---|---|
| Price Band | ₹95 – ₹108 |
| Face Value | ₹10 |
| Lot Size | 60 Shares |
| Issue Size | ₹37.54 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE, NSE |
| Registrar | Bigshare Services Private Limited |
| Min Investment | ₹ 6,480 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 60 shares at the ₹108 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 60 | ₹6,480 |
| Retail (max) | 30 | 1,800 | ₹1,94,400 |
| S-HNI (min) | 31 | 1,860 | ₹2,00,880 |
| S-HNI (max) | 154 | 9,240 | ₹9,97,920 |
| B-HNI (min) | 155 | 9,300 | ₹10,04,400 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 4
- 01Total income rose from Rs 46.76 crore in FY2005 to Rs 95.93 crore in FY2007, and was Rs 38.01 crore in three months to June 2007.
- 02Restated profit after tax rose from Rs 5.81 crore in FY2005 to Rs 12.76 crore in FY2007.
- 03Net worth rose from Rs 10.45 crore in FY2005 to Rs 45.38 crore on 30 June 2007.
- 04Return on net worth was 32.21%.
Risks · 5
- 01It depended on road projects for the majority of its revenue, with no other infrastructure business; Rs 14.33 crore was for plant and machinery.
- 02Its work came from government tenders; total assets jumped from Rs 45.52 crore in FY2006 to Rs 111.35 crore in FY2007.
- 03Rs 17.90 crore of the issue was for long term working capital.
- 04It was a small company, raising Rs 37.54 crore.
- 05Promoter group holding fell from 80.10% before the issue to 60.04% after it.
Three years of numbers
All figures in ₹ crore, as reported in the Supreme Infrastructure India offer document.
| Metric | 30 Jun 2007 | 31 Mar 2007 | 31 Mar 2006 | 31 Mar 2005 |
|---|---|---|---|---|
| Assets | 117.30 | 111.35 | 45.52 | 36.78 |
| Total Income | 38.01 | 95.93 | 54.79 | 46.76 |
| Profit After Tax | 5.78 | 12.76 | 6.85 | 5.81 |
| NET Worth | 45.38 | 39.60 | 24.04 | 10.45 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Supreme Infrastructure India RHP.
Where the money goes
₹42.39 Cr of the issue is earmarked to named objects.
About the company
It is a medium sized construction company that builds and widens roads and highways and executes contracts won through tenders from agencies such as the National Highway Authority of India.
Road projects made up the majority of its revenue, and it was not present in other infrastructure areas.
The IPO was Rs 37.54 crore and was entirely a fresh issue at Rs 108, the top of the Rs 95 to Rs 108 band. The money was for plant and machinery and long term working capital.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Supreme Infrastructure India IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Karvy Investor Services Ltd
31 issues handledBest listing: Ramkrishna Forgings (+92.3%). Weakest: Astral Poly Technik (-10.4%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Supreme Infrastructure India?
The current Grey Market Premium is ₹0.
What is the Supreme Infrastructure India IPO price band?
₹95 to ₹108, on a face value of ₹10.
When is the allotment?
The basis of allotment is 9 October 2007, with listing on 18 October 2007.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Bigshare Services Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
