About the Company:
Shree Krishna Infrastructure Ltd is in the business of marketing, development and maintenance of Housing Society and organic farms, leasing of agriculture land for cultivation of crops etc.
Company’s Business Activities:
Trading of Perfumed incense sticks.
Company has recently started trading of perfumed incense sticks. In the month of August 2018, Company had exported one container of incense sticks to TOGO, a country in West Africa and expecting more order to be executed in future.
Contract Farming.
Shree Krishna Infrastructure Limited has planned to do contract farming at Nikoli, Taluka- Nandod, District-Narmada, Rajpipla-393145 Gujarat on a land area of around 7.40 acres and intends to cultivate Tulsi and Nepali Satavari for Amritanjali Ayurved (OPC) Private Limited.
To execute the same the company has already signed business agreement dated May 30, 2017 with 3 land owners who will provide their land on long term basis (10 Years) for the said purpose. The land owner will actively participate in cultivation, harvesting, fertilization, and production etc of said products. The plantation work is already completed.
Further, SKIFL has also executed an agreement with M/s Amritanjali Ayurved (OPC) Private Limited on August 18, 2017, who is interested into purchase of the finished goods i.e. Dry Tulsi leaves, pancang of tulsi plant and Nepali Satavari.
Project- Agency (Sale, Marketing) of Navigation Equipment and Maritime consultancy for aids to navigation in the state of Gujarat.
M/s. Marine Navaids And Solar Auto Private Limited (MNSAPL) has appointed Shree Krishna Infrastructure Limited as their sole “Agent” in the state of Gujarat vide their agreement dated May 10, 2018 for the purposes of sales and marketing of MNSAPL’s products & services which are manufacturing of Aids to Navigation Equipment and Maritime consultancy for aids to navigation.
Distribution Project of E-Vehicles.
M/s. Marine Navaids And Solar Auto Private Limited (MNSAPL) is carrying on business of manufacturing of solar operated Auto Vehicles and has agreed to designate Shree Krishna Infrastructure Limited as their “Exclusive Distributor” for the state of Gujarat vide their agreement dated March 31, 2018.
Marketing arrangement for Terra Technologies and Services.
The company has entered into an agreement dated December 18, 2017 with USA based Terra Energy & Resources Technologies, Inc. as marketing representation for India, for marketing of valuable and proprietary natural resource exploration technologies and offers exploration services using the Terra Technologies in subsurface exploration and identification of oil, gas, water, minerals, gems and other valuable elements otherwise referred to as resources in India.
SKIFL will act as market partner in India for Terra and introduce prospective candidates to the Terra Technologies and Terra Services. The prospective clients would be all exploration companies and relevant governmental agencies in India.
Management Team:
- Mr. Ravi Rajiv Kotia (Designation: Managing Director)
- Mr. Keyur Sharadchandra Gandhi (Designation: Non-Executive Director)
- Mr. Amit Rameshbhai Kotia (Designation: Executive Director cum C.F.O)
Peer Group Comparison:
We believe that there are no listed companies in India which are solely engaged in same type of business like Shree Krishna Infrastructure Ltd. Hence a strict comparision is not possible.
Financials of the Company: (in Lakhs)
| (in Lakhs) | FY 14 | FY 15 | FY 16 | FY 17 | FY 18 | 30th June 18 |
|---|---|---|---|---|---|---|
| Revenue | 12.43 | 21.49 | 58.11 | 61.49 | 76.50 | 76.50 |
| Net Profit | 0.74 | 3.29 | 2.53 | 1.48 | 3.53 | 1.24 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 15th November 2018 |
| Issue Closes on:. | 22nd November 2018 |
| Issue Price | Rs.13 |
| Face Value | Rs.10 |
| Minimum Lot | 10,000 Shares |
| Minimum Investment | Rs.1,30,000 |
| Issue Constitutes | 30.00% |
| Issue Size | Rs.1.17 cr |
| Market Cap | Rs.3.9 cr |
| Listing at | BSE SME |
| Equity Shares Offered | 9,00,000 |
| Equity Shares Prior to the Issue | 30,00,000 |
| Equity Shares after the issue | 30,00,000 |
IPO Valuation Parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
|---|---|---|---|
| 0.13 | 100 | 0.92% | 12.79 |
| Company Contact Info: |
|---|
| Shree Krishna Infrastructure Ltd Bungalow No.36, Rang Residency, Vadia, Rajpipla, Narmada- 393145, Gujarat, India. Tel: +91 8849865932 Email: info@skifl.com Website: www.skifl.com |
| IPO Registrar Info: |
|---|
| Satellite Corporate Services Private Limited Unit. No 49, Building No. 13 AB, 2nd Floor, Samhita Commercial Co-Op Society Ltd, Off Andheri Kurla Road, MTNL Lane, Saki naka, Mumbai – 400 072. Tel. : +91-22- 28520461/462, Email Id: service@satellitecorporate.com Website: www.satellitecorporate.com |
| Lead Manager to the Issue: |
|---|
| Finshore Management Services Limited Anandlok, Block-A, 2nd Floor, Room No. 207, 227 A.J.C. Bose Road,Kolkata-700020, India Telephone: +91-33-22895101 Investor grievance email:info@finshoregroup.com Website: www.finshoregroup.com |
