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Univastu India Ltd IPO (Univastu India IPO) Detail

July 14, 2017 - July 19, 2017

Univastu India IPO is a fixed price issue of Rs 5.99 crores.

Univastu India IPO bidding started from July 14, 2017 and ended on July 19, 2017. The shares got listed on NSE SME on July 27, 2017.

Univastu India IPO price is ₹40 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹120,000.

Inventure Merchant Banker Services Pvt Ltd is the book running lead manager of the Univastu India IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Univastu India IPO DRHP for detailed information.

Univastu India IPO Details

IPO Date July 14, 2017 to July 19, 2017
Listing Date July 27, 2017
Face Value ₹10 per share
Price ₹40 per share
Lot Size 3000 Shares
Total Issue Size1,497,000 shares
(aggregating up to ₹5.99 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME

Univastu India IPO Reservation

Univastu India IPO offers 1,497,000 shares. 748,500 (50.00%) to NII, 748,500 (50.00%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered--
Other Shares Offered748,500 (50.00%)
Retail Shares Offered748,500 (50.00%)
Total Shares Offered1,497,000 (100%)

Univastu India IPO Lot Size

Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 3000 ₹120,000
Retail (Max) 1 3000 ₹120,000
Lot Size Calculator

About Univastu India Ltd

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.

Objects of the Issue (Univastu India IPO Objectives)

The objects of the Issue are:

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

Univastu India IPO Review (Apply)

[Dilip Davda]  Investors may consider investment for short to medium term in this reasonably priced issue. Read detail review...


Univastu India IPO Subscription Status (Bidding Detail)

The Univastu India IPO is subscribed times on July 19, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other
Retail
Total

Univastu India IPO Prospectus

Univastu India IPO Rating

230
4.0
Rating:Rated 4.0 stars
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Univastu India IPO Listing Details

Listing Date July 27, 2017
BSE Script Code
NSE Symbol UNIVASTU
ISIN INE562X01013
Final Issue Price ₹40 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹40.00
₹48.00
₹38.50
₹48.00
₹40.20

Check IPO Performance…

Univastu India Ltd Contact Details

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

Univastu India IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Univastu India IPO - Buy or Not

Univastu India IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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Univastu India IPO FAQs

Univastu India IPO is a SME IPO of 1,497,000 equity shares of the face value of ₹10 aggregating up to ₹5.99 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000 Shares.

The IPO opens on July 14, 2017, and closes on July 19, 2017.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Univastu India IPO opens on July 14, 2017 and closes on July 19, 2017.

Univastu India IPO lot size is 3000 Shares, and the minimum amount required is ₹120,000.

You can apply in Univastu India IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Univastu India IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Univastu India IPO allotment status.

The Univastu India IPO listing date is on July 27, 2017.
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Univastu India IPO Message Board

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123 Comments

83. Manjunatha |   Link |  Bookmark |July 29, 2017 10:07:17 AM
DO''T SELL YOUR IPO ALLOTTMENT UNTIL IT REACHES Rs.80
83.1. NRJAIN |   Link |  Bookmark |July 29, 2017 11:03:19 AM
When it reaches target? Till diwali it possible?
83.2. agarwalbroker |   Link |  Bookmark |August 1, 2017 7:17:38 PM
sir please suggest me should i sell it or keep it for future?
82. agarwalbroker |   Link |  Bookmark |July 31, 2017 4:49:13 PM
Any future of this IPO? Please suggest
81. Manjunatha |   Link |  Bookmark |July 29, 2017 10:05:40 AM
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
80. COMMONMAN |   Link |  Bookmark |July 24, 2017 9:28:13 PM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Got 1Lot Alloted
80.1. agarwalbroker |   Link |  Bookmark |July 27, 2017 10:40:56 PM
Tell me at what price should i sell it?
80.2. COMMONMAN |   Link |  Bookmark |July 28, 2017 12:28:19 AM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
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
79. Encoder |   Link |  Bookmark |July 27, 2017 5:06:12 PM
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.
79.1. addy A |   Link |  Bookmark |July 27, 2017 5:38:23 PM
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.
78. hnc |   Link |  Bookmark |July 27, 2017 2:45:30 PM
What is the future of this stock ?
77. agarwalbroker |   Link |  Bookmark |July 27, 2017 9:19:35 AM
At what price should i sell my univastu allotment?
77.1. agarwalbroker |   Link |  Bookmark |July 27, 2017 9:20:21 AM
??
76. Murtuza |   Link |  Bookmark |July 26, 2017 10:36:39 PM
What will be listing rates ??
Any news please share
75. PKK |   Link |  Bookmark |July 26, 2017 9:17:25 PM
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
74. satya |   Link |  Bookmark |July 26, 2017 9:02:03 PM
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.
73. Rajendra s |   Link |  Bookmark |July 26, 2017 6:03:38 PM
Univastu to list tomorrow 27/07 at nse sme plateform
72. JKG |   Link |  Bookmark |July 24, 2017 9:39:34 PM
Got 1/3
72.1. N K Venugopala Bhat |   Link |  Bookmark |July 26, 2017 3:56:44 PM
When I checked the allotment status at Bigshare site message shown is No records found. What is meant by this. Somebody please explain
71. Ficpl |   Link |  Bookmark |July 26, 2017 10:46:53 AM
Top Contributor Top Contributor (200+ Posts, 500+ Likes)
I think 07/27 is the listing date. But waiting for circular for final update.
71.1. Ficpl |   Link |  Bookmark |July 26, 2017 2:06:49 PM
Top Contributor Top Contributor (200+ Posts, 500+ Likes)
Read page no 17 of 20 of Financial Express Dated 07/26/2017 for listing date. Which is 07/27/2017.
70. sanjeev agrawal |   Link |  Bookmark |July 26, 2017 10:08:38 AM
LISTING DATE....
69. agarwalbroker |   Link |  Bookmark |July 25, 2017 8:04:08 PM
can anyone tell me please its expecting listing price on listing day?
69.1. COMMONMAN |   Link |  Bookmark |July 25, 2017 8:17:57 PM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Should Be Between 44-46
69.2. agarwalbroker |   Link |  Bookmark |July 25, 2017 10:06:19 PM
thank you sir
68. Gautama |   Link |  Bookmark |July 25, 2017 9:42:16 PM
Dear members anyone know listing date of univastu ?
67. Gautama |   Link |  Bookmark |July 25, 2017 7:49:50 PM
What is gmp?
66. Bitu |   Link |  Bookmark |July 25, 2017 6:23:14 PM
When will be it''s listing???
66.1. COMMONMAN |   Link |  Bookmark |July 25, 2017 6:51:25 PM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Should Be Tomm Or Day After Tomm Max. It Has To List Within 6 Working days After Subscription Close
65. satya |   Link |  Bookmark |July 25, 2017 2:14:27 PM
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.
64. VinodR |   Link |  Bookmark |July 18, 2017 9:50:11 AM
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.
64.1. Prabhakaran Kuppusamy |   Link |  Bookmark |July 19, 2017 8:05:26 PM (400+ Posts, 300+ 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.
64.2. satya |   Link |  Bookmark |July 25, 2017 10:55:36 AM
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.