Schloss Bangalore Limited IPO Details
Schloss Bangalore Limited IPO – Timeline, Review, Price & Listing Info
Schloss Bangalore Limited is set to launch its SME IPO listed on NSE SME platform. The company is engaged in construction, interior fit-outs, and project management services catering to commercial, retail, and residential sectors.
IPO Key Information
| Detail | Data |
|---|
| IPO Opening Date | June 5, 2024 |
| IPO Closing Date | June 7, 2024 |
| Issue Type | Fixed Price Issue |
| Face Value | ₹10 per share |
| IPO Price | ₹66 per share |
| Issue Size | ₹15.05 Crores |
| Fresh Issue | 22.8 lakh shares (₹15.05 Cr) |
| Lot Size | 2000 Shares |
| Listing At | NSE SME |
| Retail Quota | 50% |
| Other Quota | 50% |
| Registrar | Bigshare Services Pvt Ltd |
Market Lot & Investment Range
| Investor Type | Lot Size | No. of Shares | Investment Amount |
|---|
| Retail (Min) | 1 Lot | 2000 | ₹1,32,000 |
| Retail (Max) | 1 Lot | 2000 | ₹1,32,000 |
IPO Schedule
| Event | Date |
|---|
| IPO Opens | June 5, 2024 |
| IPO Closes | June 7, 2024 |
| Allotment Finalization | June 10, 2024 |
| Refunds Initiated | June 11, 2024 |
| Shares Credited | June 11, 2024 |
| Listing Date | June 12, 2024 |
About Schloss Bangalore Limited
Schloss Bangalore Limited is a turnkey solutions provider in construction, specializing in interiors, civil, electrical, and MEP works. They serve commercial offices, retail stores, and residential clients, particularly in South India.
Financial Performance
| Year | Revenue | Expense | Net Profit | Total Assets |
|---|
| FY 2021-22 | ₹20.49 Cr | ₹19.06 Cr | ₹1.43 Cr | ₹12.34 Cr |
| FY 2022-23 | ₹26.38 Cr | ₹24.71 Cr | ₹1.67 Cr | ₹15.12 Cr |
Valuation Snapshot
| Metric | Value |
|---|
| EPS (Basic) | ₹3.43 |
| RoNW | 15.43% |
| NAV | ₹22.22 |
| P/E Ratio | 19.24x |
| Market Cap | ₹39.6 Cr (approx.) |
| Debt-Equity Ratio | Low |
| Net Worth | ₹10.85 Cr |
IPO Objectives
- Working capital requirements
- General corporate purposes
- Issue-related expenses
Peer Group Overview
| Company | Revenue | EPS | RoNW | Market Position |
|---|
| Schloss Bangalore Ltd | ₹26.38 Cr | ₹3.43 | 15.43% | Interior fit-outs and civil works |
