Udayshivakumar Infra Limited
Mainboard₹14,980 / 428 Shares
Udayshivakumar Infra Limited IPO Details
The Udayshivakumar Infra Limited IPO price band is set between ₹33-35 per equity share, with a face value of ₹10 per share. The issue is managed by MAS Services Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 20 Mar, 2023 and closes on 23 Mar, 2023. Investors can check the allotment status on 29 Mar, 2023, while the listing date is tentatively scheduled for 3 Apr, 2023.
The total issue size is [.] shares of ₹10, aggregating up to ₹66.00 Cr. Stay tuned for the latest Udayshivakumar Infra Limited IPO review and GMP updates.
Udayshivakumar Infra Limited IPO Review, Rating & Analysis
Udayshivakumar Infra Limited IPO Review
NO REVIEWUdayshivakumar Infra Limited IPO Rating
Udayshivakumar Infra Limited IPO Highlights
IPO Date
Mar 20, 2023 - Mar 23, 2023
Listing Date
3 Apr, 2023
Face Value
₹10 Per Equity Share
Price Band
₹33-35 per equity share
Lot Size
428 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Udayshivakumar Infra Limited IPO Lot Size
The minimum market lot for Udayshivakumar Infra Limited IPO is 428 shares with an application amount of ₹14,980. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 428 | ₹14,980 |
| Retail (Max) | 13 | 5564 | ₹1,94,740 |
| S-HNI (Min) | 14 | 5992 | ₹2,09,720 |
| S-HNI (Max) | 66 | 28248 | ₹9,88,680 |
| B-HNI (Min) | 67 | 28676 | ₹10,03,660 |
Udayshivakumar Infra Limited IPO Timeline
Issue Price
₹33-35 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
MAS Services LimitedLead Manager
Saffron Capital Advisors Private LimitedIssue Size
[.] shares of ₹10(aggregating up to ₹66.00 Cr)Udayshivakumar Infra Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 22 | 162.61 | 186.39 | 12.15 | - | - | - |
| 31 Mar 21 | 146.82 | 211.11 | 9.32 | - | - | - |
| 31 Mar 20 | 158.26 | 194.41 | 10.49 | - | - | - |
| 31 Mar 19 | N/A | N/A | N/A | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Udayshivakumar
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A% | N/A% |
About Company
Udayshivakumar Infra Limited is engaged in the business of the construction of roads.
Udayshivakumar Infra Limited is an ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 company. They construct roads including State Highways, District Roads, Smart Roads under Municipal Corporations, Smart Roads under PM's Smart City Mission projects, National Highways, Bruhat Bengaluru Mahanagara Palike (BBMP), and Local Area Roads in various Taluka Places, etc.
The company primarily operates in the State of Karnataka. They bid for Roads, Bridges, Irrigation & Canals Industrial Area construction in Karnataka, this includes National Highways (MORTH), State Highway Development Corporations Ltd., (SHDP), Government Departments such as Karnataka Public Works Ports & Inland Water Transport Department (KPWP & IWTD), Davanagere Harihara Urban Development Authority (DHUDA), and many more.
As of August 31, 2022, the Company had executed over 30 various projects in and around the State of Karnataka along with the erstwhile partnership firm, M/s. Udayshivakumar. The entity is working on twenty-five ongoing projects.
To gear up its operations and scale larger, the company is also looking to undertake projects in the joint venture with other infrastructure companies in industry.
Udayshivakumar Infra Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 1,885,715 | 5,657,142 3,771,428 1,885,714 | 11,314,285 | 18,857,142 |
Day 1 -20-03-23 05:00 PM | 0.97 x | 0.73 0.66 x 0.88 x | 0.44 x | 0.58 x |
Day 2 -21-03-23 05:00 PM | 1.04 x | 3.46 2.88 x 4.61 x | 1.76 x | 2.20 x |
Day 3 -22-03-23 05:00 PM | 1.21 x | 8.47 7.36 x 10.69 x | 4.14 x | 5.15 x |
Day 4 -23-03-23 05:00 PM | 40.47 x | 60.41 59.91 x 61.41 x | 14.09 x | 30.63 x |
Frequently Asked Questions about Udayshivakumar Infra Limited IPO
When will Udayshivakumar Infra Limited IPO open for subscription?
The Udayshivakumar Infra Limited IPO opens on 20 Mar, 2023 and closes on 23 Mar, 2023.
What is the investors portion for Udayshivakumar Infra Limited IPO?
The investors' portion for QIB is 40.47 x, NII is 59.91 x, and Retail is 14.09 x.
How to apply for Udayshivakumar Infra Limited IPO?
You can apply for Udayshivakumar Infra Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Udayshivakumar Infra Limited IPO?
The issue size of Udayshivakumar Infra Limited IPO is approx ₹[.] shares of ₹10(aggregating up to ₹66.00 Cr) crores.
What is the price band of Udayshivakumar Infra Limited IPO?
The price band for Udayshivakumar Infra Limited IPO is ₹33 to ₹35 per equity share.
What is the lot size of Udayshivakumar Infra Limited IPO?
The minimum bid (lot size) for Udayshivakumar Infra Limited IPO is N/A shares with an investment of approx ₹14,980 .
What is the allotment date of Udayshivakumar Infra Limited IPO?
The allotment date for Udayshivakumar Infra Limited IPO is 29 Mar, 2023.
What is the listing date of Udayshivakumar Infra Limited IPO?
The listing date for Udayshivakumar Infra Limited IPO is expected to be 3 Apr, 2023.
What is the GMP of Udayshivakumar Infra Limited IPO?
The latest Grey Market Premium (GMP) for Udayshivakumar Infra Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.