Sadbhav Infrastructure Project Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 33,979,857 (71%) | — | ₹34,999 Cr |
| NII (HNI) | — | 6,795,971 (14%) | — | ₹7,000 Cr |
| Retail | — | 4,530,647 (9%) | — | ₹467 Cr |
| Employee | — | 2,427,184 (5%) | — | ₹250 Cr |
| Σ Total | — | 47,733,659 (100%) | — | ₹491,657 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 145 | ₹14,935 |
| Retail (Max) | 13 | 1,885 | ₹194,155 |
| S-HNI (Min) | 14 | 2,030 | ₹209,090 |
| B-HNI (Min) | 67 | 9,715 | ₹1,000,645 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 15 | 31 Mar 14 | 31 Mar 13 |
|---|---|---|---|
| Revenue | 528 | 393 | 315 |
| Profit After Tax | -302 | -156 | -46 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Repayment of rupee loan facility from ICICI Bank Limited – 264.84
- 2 Part repayment of unsecured loans from SEL, the corporate Promoter – 0.85
- 3 Equity investment and advancing of sub-ordinate debt to the subsidiary, SUTPL,for part financing of the SUTPL Project – 82.00
- 4 General corporate purposes – 54.12
Company Overview
Incorporated in 2007, Sadbhav Infrastructure Project Limited is leading road BOT companies in India that specialises in the development, operation and maintenance of highways, roads and related projects.
Sadbhav Infra is involved in the development, operation and maintenance of national and state highways and roads in several states in India including Maharashtra, Gujarat, Rajasthan, Karnataka, Haryana, Madhya Pradesh and Telangana and border check posts in the state of Maharashtra.
Company has ten BOT projects of which six road projects are fully operational, one is the partially operational border check posts and the remaining three projects are in various stages of development. Nine of the ten BOT projects are toll projects.
Sadbhav Infra generate revenues primarily from toll collection, service fee and annuity receipts.