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Univastu India Ltd IPO (Univastu India IPO) Detail

Jul 14, 2017 - Jul 19, 2017

Incorporated in 2009, Univastu India Ltd (UIL) is an ISO 9001:2015 certified Pune based construction company and provide integrated engineering, procurement and construction services (EPC) for civil & Structural construction and infrastructure sector projects. Currently the construction activity being undertaken by the company includes civil & Structural construction and infrastructure contracts which have been sub contracted to it by main contractors. UIL is also engaged in trading of construction materials. Its main trading products include steel, cement and electrical material.

UIL’s focus area includes activities like civil construction projects, which include structures such as Sports Complex Projects (Indoor and Outdoor Sport Stadiums), multi-purpose hall, commercial structures, industrial structures, Hospitals, Cold Storage, Educational Institution, mass housing projects; water Supply and Drainage Projects; road and Bridges Projects. major and minor Irrigation Projects etc. Its portfolio of completed and ongoing civil construction projects includes commercial and residential buildings, industrial structure, hospitals and educational campus, roads, cold storage, water supply projects.

Company Promoters:

The promoters of the company are:

1. Pradeep Khandagale

Objects of the Issue:

The objects of the Issue are:

1. Augmenting additional working capital requirements;
2. Purchase of Equipment & Tools;
3. General Corporate Purposes.

Issue Detail:

  »»  Issue Open: Jul 14, 2017 - Jul 19, 2017
  »»  Issue Type: Fixed Price Issue IPO
  »»  Issue Size: 1,497,000 Equity Shares of Rs 10 aggregating up to Rs 5.99 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 40 Per Equity Share
  »»  Market Lot: 3000 Shares
  »»  Minimum Order Quantity: 3000 Shares
  »»  Listing At: NSE SME

Univastu India IPO Reviews:

  1. Univastu India Ltd IPO review by Dilip Davda

Issue Subscription Detail / Current Bidding Status

Number of Bids Received
As on Date & TimeQIBNIIRIITotal
Shares Offered / Reserved0748,500748,5001,497,000
Day 1 - Jul 14, 2017 17:00 IST-654000327000981000
Day 2 - Jul 17, 2017 17:00 IST080100013140002115000
Day 3 - Jul 18, 2017 17:00 IST084000023880003228000
Day 4 - Jul 19, 2017 17:00 IST390002043000801600010098000

Univastu India IPO Prospectus

Univastu India IPO Rating

230
4.0
Rating:Rated 4.0 stars

Vote Here ...

Univastu India IPO Listing Date

  •   ›  Listing Date: Thursday, July 27, 2017
  •   ›  BSE Script Code:
  •   ›  NSE Symbol: UNIVASTU
  •   ›  Listing In:
  •   ›  ISIN: INE562X01013
  •   ›  Issue Price: Rs 40 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price:
Open:
Low:
High:
Last Trade:
Volume:
NSE SME
Issue Price:Rs 40.00
Open:Rs 48.00
Low:Rs 38.50
High:Rs 48.00
Last Trade:Rs 40.20
Volume:531,000

Univastu India IPO News Alerts

  1. Thursday, July 27, 2017 12:00:00 AM
    Univastu India Ltd IPO - Listing
  2. Monday, July 24, 2017 12:00:00 AM
    Univastu India Ltd IPO - Allotment
  3. Wednesday, July 19, 2017 12:00:00 AM
    Univastu India Ltd IPO - Close
  4. Friday, July 14, 2017 12:00:00 AM
    Univastu India Ltd IPO - Open

Company Contact Information

Univastu India Ltd
Bungalow No.36/B,
Madhav Baug CHS,
Shivtirth Nagar, Kothrud, Pune – 411 038
Phone: +91 20 2543 4617
Fax: NA
Email: info@univastu.com
Website: http://www.univastu.com

Univastu India IPO Registrar

Bigshare Services Pvt. Ltd   »  Report
   Bigshare Services Pvt Ltd E-2 & 3,
   Ansa Industrial Estate, Saki-Vihar Road,
   Sakinaka, Andheri(E), Mumbai - 400 072

Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Univastu India IPO Lead Manager(s)

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Univastu India IPO Review / Comments

avatar
84. Manjunatha  Jul 29, 2017 11:07:17 AM IST I Like It. | Report Abuse
DO''T SELL YOUR IPO ALLOTTMENT UNTIL IT REACHES Rs.80
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84.1. NRJAIN  Jul 29, 2017 12:03:19 PM IST I Like It. | Report Abuse
When it reaches target? Till diwali it possible?
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84.2. agarwalbroker  Aug 1, 2017 8:17:38 PM IST I Like It. | Report Abuse
sir please suggest me should i sell it or keep it for future?
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83. agarwalbroker  Jul 31, 2017 5:49:13 PM IST I Like It. | Report Abuse
Any future of this IPO? Please suggest
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82. Manjunatha  Jul 29, 2017 11:05:40 AM IST I Like It. | Report Abuse
28-Jul-2017      UNIVASTU      Univastu India Limited      CHARUSHILA VIPUL LATHI      BUY      45,000      40.50      -
28-Jul-2017      UNIVASTU      Univastu India Limited      VIPUL DILEEP LATHI      BUY      45,000      40.51      
IT IS ACCUMULATING BY BIG BEES SHORTLY IT MAY REACH RS 80-100
SEE THE BLOCK DEALS IN NSE WEBSITE
https://www.nseindia.com/products/content/equities/equities/bulk.htm
avatar
81. COMMONMAN  Jul 24, 2017 10:28:13 PM IST I Like It. | Report Abuse
Got 1Lot Alloted
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81.1. agarwalbroker  Jul 27, 2017 11:40:56 PM IST I Like It. | Report Abuse
Tell me at what price should i sell it?
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81.2. COMMONMAN  Jul 28, 2017 1:28:19 AM IST I Like It. | Report Abuse
Doesnt Looks Immediate Upside.

Now For Some Time Prise Range looks Between 36-43

Depending Upon Your Risk Appetitie Keep Strict Stop Loss and You Have To Decide To Hold For Better Prise or To Exit
avatar
80. Encoder  Jul 27, 2017 6:06:12 PM IST I Like It. | Report Abuse
Experts, please answer my question:
1. I have an account with ICICI Bank. It gives me the option to apply for SME IPOs. However, in the demat there is no option to buy/sell. So what happens after allotment?
2. Is it true that the SME IPOs need to be sold in lots only? e.g. - If I get allotment of 1 lot (say, 3000 shares), do I have to sell the full lot only or can sell in smaller quantities.

Please help.
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80.1. addy A  Jul 27, 2017 6:38:23 PM IST I Like It. 1 | Report Abuse
1. For selling allotted shares of SME IPO, u will have to call ICICI call & trade desk. Software will not support selling.
2. U will have to sell shares in lot only.
avatar
79. hnc  Jul 27, 2017 3:45:30 PM IST I Like It. | Report Abuse
What is the future of this stock ?
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78. agarwalbroker  Jul 27, 2017 10:19:35 AM IST I Like It. | Report Abuse
At what price should i sell my univastu allotment?
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78.1. agarwalbroker  Jul 27, 2017 10:20:21 AM IST I Like It. | Report Abuse
??
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77. Murtuza  Jul 26, 2017 11:36:39 PM IST I Like It. | Report Abuse
What will be listing rates ??
Any news please share
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76. PKK  Jul 26, 2017 10:17:25 PM IST I Like It. | Report Abuse
For satya
How do you call retailer a greedy
Are you or myself not greedy
In share market everyone has his own strategy
If someone is selling than other is buying
And someone is buying other is selling
Selling doesn''t mean tobe agreedy
In share market profit booking is also necessary
One himself has to decide when and how much
All the best to investors
avatar
75. satya  Jul 26, 2017 10:02:03 PM IST I Like It. 2 | Report Abuse
As long as greedy retailers want to book the profit, the shares will fluctuate.... See the case of Sanginita... issue price was 22. listed around 24... fluctuated around that for 1month... now trading at 40. only investors(clever) people hold such gems. I feel, Univastu also the same after reading its RHP.
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74. Rajendra s  Jul 26, 2017 7:03:38 PM IST I Like It. | Report Abuse
Univastu to list tomorrow 27/07 at nse sme plateform
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73. JKG  Jul 24, 2017 10:39:34 PM IST I Like It. | Report Abuse
Got 1/3
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73.1. N K Venugopala Bhat  Jul 26, 2017 4:56:44 PM IST I Like It. | Report Abuse
When I checked the allotment status at Bigshare site message shown is No records found. What is meant by this. Somebody please explain
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72. Ficpl  Jul 26, 2017 11:46:53 AM IST I Like It. 2 | Report Abuse
I think 07/27 is the listing date. But waiting for circular for final update.
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72.1. Ficpl  Jul 26, 2017 3:06:49 PM IST I Like It. 1 | Report Abuse
Read page no 17 of 20 of Financial Express Dated 07/26/2017 for listing date. Which is 07/27/2017.
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71. sanjeev agrawal  Jul 26, 2017 11:08:38 AM IST I Like It. | Report Abuse
LISTING DATE....
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70. agarwalbroker  Jul 25, 2017 9:04:08 PM IST I Like It. | Report Abuse
can anyone tell me please its expecting listing price on listing day?
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70.1. COMMONMAN  Jul 25, 2017 9:17:57 PM IST I Like It. | Report Abuse
Should Be Between 44-46
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70.2. agarwalbroker  Jul 25, 2017 11:06:19 PM IST I Like It. | Report Abuse
thank you sir
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69. Gautama  Jul 25, 2017 10:42:16 PM IST I Like It. | Report Abuse
Dear members anyone know listing date of univastu ?
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68. Gautama  Jul 25, 2017 8:49:50 PM IST I Like It. | Report Abuse
What is gmp?
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67. Bitu  Jul 25, 2017 7:23:14 PM IST I Like It. | Report Abuse
When will be it''s listing???
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67.1. COMMONMAN  Jul 25, 2017 7:51:25 PM IST I Like It. 1 | Report Abuse
Should Be Tomm Or Day After Tomm Max. It Has To List Within 6 Working days After Subscription Close
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66. satya  Jul 25, 2017 3:14:27 PM IST I Like It. 6 | Report Abuse
This company is doing business on subcontracts that it gets from main bidders. So, Univastu gets its money on time. Most of its projects(80%) are related to civil constructions requested by municipality and not much in retail space(house constructions for home buyers). So, I see business stability and free cash flow.

Its cashflow shows it is really doing business(unlike many other SMEs) and getting money flowing in ontime. currently, it is 90cr worth projects for current FY.... so, considering its historical stmts and other factors, it is good to hold this stock for atleast 3 years horizon.
avatar
65. VinodR  Jul 18, 2017 10:50:11 AM IST I Like It. | Report Abuse
Prabhakaran Sir,

There is a comment floating about the remarks from DRHP of this IPO.

QUOTE

Went Thru Draft Herring Prospectus... Found Few Declarations :
25. Our Registered office is not owned by us.
Our Company has taken our registered office on leave and license basis from Dhairyasheel Shivajirao Deshmukh for a
period of 44 (Forty-four) months commencing from April 1, 2015 until November 30, 2018. There can be no assurance
that our Company will be able to successfully renew the said leave and license agreement in a timely manner or at all.
26. Our group companies has incurred the losses in the last three financial years
11. Our Promoter and members of Promoter Group have mortgaged their personal properties and provided
personal guarantees for our borrowings to secure our loans. Our business, financial condition, results of
operations, cash flows and prospects may be adversely affected by the revocation of all or any of the personal
guarantees provided by our Promoter and members of Promoter Group in connection with our Company’s
borrowings.
12. Our Company, our Promoter and certain of our Directors are involved in certain legal proceedings, which, if
determined adversely, may adversely affect our business, results of operations and prospects.
13. Our Company has availed certain unsecured loans that are recallable by the lenders at any time.

UNQUOTE

Also, subscription on day-1 was 0.65x and day-2 was 1.41x (cumulative). So, subscription wasn''t that much effective on Day 2. Do you still consider it as SUBSCRIBE?

Thanks.
avatar
65.1. Prabhakaran Kuppusamy  Jul 19, 2017 9:05:26 PM IST I Like It. 1 | Report Abuse
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
I''m unsure about this VinodR.
Maybe I will go through the RHP.
Mostly, I will focus on the posted numbers and do analysis only on them (which is positive about Univastu).
If what you posted is part of RHP, then I''m highly doubtful about the future of the company.
avatar
65.2. satya  Jul 25, 2017 11:55:36 AM IST I Like It. 4 | Report Abuse
Vinod,
These are not major concern. Almost 90% of SMEs specify these points in their risk factors of RHP document.
I''ve verified the impact of these points. it is very negligible.
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