Udayshivakumar Infra Limited IPO (Udayshivakumar Infra IPO) Detail

 

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.

Udayshivakumar Infra IPO Details

Udayshivakumar Infra IPO is a Book Built Issue. The IPO total issue size is Rs 66.00 Cr. The Udayshivakumar Infra IPO price is ₹33 to ₹35 per share. The IPO will list on BSE, NSE.

IPO Date	Mar 20, 2023 to Mar 23, 2023
Listing Date	Apr 3, 2023
Face Value	₹10 per share
Price	₹33 to ₹35 per share
Lot Size	428 Shares
Total Issue Size	20,000,000 shares (aggregating up to ₹66.00 Cr)
Fresh Issue	20,000,000 shares (aggregating up to ₹66.00 Cr)
Issue Type	Book Built Issue IPO
Listing At	BSE, NSE

Udayshivakumar Infra IPO Reservation

Udayshivakumar Infra IPO a total of 18,857,142 shares are offered. QIB: 1,885,715 (10.00%), RII: 11,314,285 (60.00%), NII: 5,657,142 (30.00%).

Anchor Investor Shares Offered	-
QIB Shares Offered	1,885,715 (10.00%)
NII (HNI) Shares Offered	5,657,142 (30.00%)
Retail Shares Offered	11,314,285 (60.00%)
Total Shares Offered	18,857,142 (100%)

Udayshivakumar Infra IPO Timetable (Tentative)

Udayshivakumar Infra IPO opens on Mar 20, 2023, and closes on Mar 23, 2023.

IPO Open Date	Monday, 20 March 2023
IPO Close Date	Thursday, 23 March 2023
Basis of Allotment	Tuesday, 28 March 2023
Initiation of Refunds	Wednesday, 29 March 2023
Credit of Shares to Demat	Friday, 31 March 2023
Listing Date	Monday, 3 April 2023
Cut-off time for UPI mandate confirmation	5 PM on Mar 23, 2023

Udayshivakumar Infra IPO Lot Size

The minimum lot size of this Udayshivakumar Infra IPO is 428 shares required is ₹14,980.

Application	Lots	Shares	Amount
Retail (Min)	1	428	₹14,980
Retail (Max)	13	5564	₹194,740
S-HNI (Min)	14	5,992	₹209,720
S-HNI (Max)	66	28,248	₹988,680
B-HNI (Min)	67	28,676	₹1,003,660

Udayshivakumar Infra IPO Promoter Holding

Mr. Udayshivakumar is the Promoter of the company.

Pre Issue Share Holding	100.00%
Post Issue Share Holding	65.9%

Company Financials

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
30-Sep-22	178.90	107.14	10.02	78.34	39.46
Amount in ₹ Crore

Key Performance Indicator

Udayshivakumar Infra IPO Market Cap is Rs 193.75 Cr and P/E (x) is 9.67.

KPI	Values
P/E (x)	9.67
Market Cap (₹ Cr.)	193.75
ROE	17.80%
ROCE	20.71%
Debt/Equity	0.16