Udayshivakumar Infra Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,885,713 (10%) | — | ₹660 Cr |
| NII (HNI) | — | 5,657,143 (30%) | — | ₹1,980 Cr |
| Retail | — | 11,314,286 (60%) | — | ₹3,960 Cr |
| Σ Total | — | 18,857,142 (100%) | — | ₹66,000 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 | 428 | ₹14,980 |
| Retail (Max) | 13 | 5,564 | ₹194,740 |
| S-HNI (Min) | 14 | 5,992 | ₹209,720 |
| B-HNI (Min) | 67 | 28,676 | ₹1,003,660 |
Financial Statements Amount in Crore
| Metric | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
|---|---|---|---|
| Revenue | 194 | 211 | 186 |
| Profit After Tax | 10 | 9 | 12 |
| Net Worth | 47 | 56 | 68 |
| Total Assets | 158 | 147 | 163 |
| Total Borrowing | 34 | 31 | 26 |
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 Funding incremental working capital requirements of the Company – 45.00
- 2 General corporate purposes. – 16.16
Company Overview
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.