Udayshivakumar Infra Ltd

Mar 20, 2023 - Mar 23, 2023

Price ₹33 - ₹35
Premium ₹0
Lot size 428
Allotment Mar 29, 2023
Listing Apr 3, 2023

Category Lot(s) Qty Amount Reserved
Retail 1 428 14980 0
sHNI 14 5992 209720 0
bHNI 67 28676 1003660 0

Last Updated as on 23-Mar-2023 17:54:00

CategoryOfferedAppliedTimes
QIBs18,85,7148,09,43,78840.47
HNIs 56,57,14336,24,91,60460.42
HNIs (10+L)37,71,42923,96,50,04059.91
HNIs (2-10L)18,85,71412,28,41,56461.42
Retail1,13,14,28616,91,67,42814.1
Total1,88,57,14361,26,02,82030.63
About

Retail Form : 26,435.  Qty 428 Rs 14980

HNI Small Form : 315 Qty 5992 Rs 209720

HNI Big Form : 629 Qty 28676 Rs 1003660
 
QIB : 10%
NII : 30%
Retail : 60%

 

 

Issue Size

[.] shares of ₹10
(aggregating up to ₹66.00 Cr)
Fresh Issue [.] shares of ₹10
(aggregating up to ₹66.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Incorporated in 2019, 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.

Company Financials

Udayshivakumar Infra Limited Financial Information (Restated)
Period Ended Total Assets Total Revenue Profit After Tax Net Worth Total Borrowing
31-Mar-20 158.26 194.41 10.49 46.87 33.95
31-Mar-21 146.82 211.11 9.32 56.18 30.60
31-Mar-22 162.61 186.39 12.15 68.32 26.48
Amount in ₹ Crore
Lead Manager(s)
Strength
Weakness
Registrar

MAS Services Limited
Phone: (011) 2610 4142
Email: info@masserv.com
Website: http://www.masserv.com