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Sadbhav Infrastructure Project Limited IPO (Sadbhav Infra IPO) Detail

Aug 31, 2015 - Sep 2, 2015

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.

Company Promoters:

The Promoters of the company are:
1. SEL (Sadbhav Engineering Limited)
2. Vishnubhai M. Patel

Company Financials:

ParticularsFor the year/period ended (in Rs. Million)
31 Mar 1531 Mar 1431 Mar 1331 Mar 12
Total Income5,280.493,926.603,154.251,987.48
Profit After Tax (PAT)-3,015.61-1,559.37-456.6697.99

Objects of the Issue:

The Issue comprises of a Fresh Issue and an Offer for Sale.

Offer for Sale

The Selling Shareholders will be entitled to the proceeds of the Offer for Sale net of their proportion of Issue related expenses. Company will not receive any proceeds from the Offer for Sale.

Fresh Issue

Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding of the following objects:

1. Repayment/pre-payment, in full or part, of certain loans availed by our Company from ICICI Bank Limited and SEL, our corporate Promoter;

2. Equity investment and advancing of sub-ordinate debt to our subsidiary, SUTPL, for part financing of the SUTPL Project; and

3. General corporate purposes.

Sadbhav Infra IPO Details

Issue OpenAug 31, 2015 - Sep 2, 2015
Issue TypeBook Built Issue IPO
Issue Size[.] Eq Shares of Rs 10
(aggregating up to Rs 491.66 Cr)
Fresh Issue[.] Eq Shares of Rs 10
(aggregating up to Rs 425.00 Cr)
Offer for Sale6,471,524 Eq Shares of Rs 10
(aggregating up to Rs [.] Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 100 - Rs 103 Per Equity Share
Market Lot145 Shares
Min Order Quantity145 Shares
Listing AtBSE, NSE

Bidding Quota:

  • QIBS - 75%
  • HNIs - 15%
  • Retail - 10%

Issue Size Detail

Public Issue of [.] Equity shares consisting of a fresh issue aggregating upto Rs 4250 million & an offer for sale of 6471524 equity shares (including Anchor Portion of 20,387,914 equity shares)

Sadbhav Infra IPO Subscription Status (Bidding Detail)

Sadbhav Infra IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Employee

Total

Shares Offered

14,465,730

6,970,728

4,647,152

2,500,000

28,583,610

Sep 2, 2015 21:30

3.04x

1.66x

1.69x

0.29x

2.24x

Sadbhav Infra IPO Prospectus

Sadbhav Infra IPO Rating

207
4.1
Rating:Rated 4.1 stars

Vote Here ...

Sadbhav Infra IPO Listing Date

Listing DateWednesday, September 16, 2015
BSE Script Code539346
NSE SymbolSADBHIN
Listing InB
ISININE764L01010
Issue PriceRs 103 Per Equity Share
Face ValueRs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE
Rs 103.00
Rs 110.75
Rs 106.00
Rs 112.25
Rs 106.15
3,561,706
NSE
Rs 103.00
Rs 111.00
Rs 106.00
Rs 112.45
Rs 106.20
13,106,860

Sadbhav Infra IPO Reviews / Ratings

Sorry, we couldn't find any reviews, please check back later.

Company Contact Information

Sadbhav Infrastructure Project Limited
Sadbhav House,
Opposite Law Garden Police Chowki,
Ellisbridge, Ahmedabad 380 006

Phone: +91 79 2646 3384
Email: investor@sadbhavinfra.co.in
Website: http://www.sadbhavinfra.co.in/

Sadbhav Infra IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: mumbai@linkintime.co.in
Website: http://www.linkintime.co.in

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Sadbhav Infra IPO Review / Comments

NEMICHAND BOTHRA
95. NEMICHAND BOTHRA  Oct 6, 2015 20:10 I Like It. | Report Abuse
cafe coffee day ipo 14 -16 oct price band 310/330 lot 45 share retail discount 15 rs issue size 1146 crore
Septa
95.1. Septa  Oct 6, 2015 20:41 I Like It. | Report Abuse
IPO Guru IPO Guru (3900+ Posts, 4400+ Likes)
The company behind Cafe Coffee Day, India''s biggest homegrown coffee chain, has the price band for its up to USD 176 million initial public offering of shares at between Rs 316 and Rs 328 a share, said two sources directly involved in the deal. Coffee Day Enterprises Ltd, which competes with Starbucks Corp among others in the domestic market, will launch the share sale next Wednesday, according to the company''s IPO prospectus seen on Tuesday. The offering will close on Friday next week.

Read more at: http://www.moneycontrol.com/news/ipo-news/indias-coffee-day-sets-price-band-for-upto-36176-mn-ipo_3451601.html?utm_source=ref_article
jagadish abbigeri
95.2. jagadish abbigeri  Oct 7, 2015 00:34 I Like It. | Report Abuse
coffee day ipo, maximum hw much lot one can apply
Rajesh Tambe
94. Rajesh Tambe  Oct 6, 2015 00:18 I Like It. | Report Abuse
Uniparts India Ltd. Ipo
Date: 16th-20th October
Price 220-235
Lot size 60 shares
Issue size 300 cr.

IPO- Cafe Coffee Enterprise
Date 19th-21th October
Issue size 1150cr
Price 360-375
Lot 40 Shares

Gmp 18-20

Lavasa Acb India Indigo airlines ipo after Diwali
jagadish abbigeri
93. jagadish abbigeri  Oct 1, 2015 23:41 I Like It. | Report Abuse
Cafe Coffee Day (CCD) IPO most likely to launch before 22nd oct said Chairman of CCD. Here is an interview with him..

Bengaluru: Coffee Day Enterprises Ltd, the holding company of the Cafe Coffee Day (CCD) chain of restaurants founded by V.G. Siddhartha, is planning to launch its initial public offering (IPO), to raise Rs.1,150 crore, before Dussehra (22 October).

The proceeds of the IPO will be used to reduce debt and to expand the number of CCD outlets over the next three years. Siddhartha, chairman of Coffee Day Enterprises, talks about the IPO, business expansion and his dream of making CCD a preferred Indian brand for global high streets. Edited excerpts:

How will you deploy the money raised through the IPO?

Of the Rs.1,150 crore to be raised through IPO, about Rs.625 crore will be spent in refinancing debt, Rs.88 crore in setting up new Café Network outlets and Coffee Day Xpress kiosks, Rs.97 crore in manufacturing and assembling of vending machines, Rs.60 crore for refurbishment of existing Café
Network outlets and vending machines and about Rs.42 crore in setting up a new coffee roasting plant facility, along with integrated coffee-packing facility and tea-packing facility.


Couldn't you have accessed other financing routes for these?

In 2010, we raised about Rs.900 crore from private equity firms KKR, StanChart PE and New Silk Route. Together, they own about 34% in the company. Before IPO, we have brought all our businesses—coffee retailing (cafés, in-home, out-of-home), non-coffee business (special economic zones/IT Parks), logistics (Sical Logistics), hospitality (luxury boutique resorts) and financial services (Way2Wealth Securities Pvt. Ltd)—under one roof, excluding the plantation business and my personal investments in companies, including Mindtree.

V.G. Siddhartha, 55 An arts graduate from University of Mysore, Siddhartha worked with JM Financial between 1983 and 1985 before returning to his family business of growing coffee. He up Coffee Day Global Ltd in 1993 to export coffee beans and later forayed into coffee retailing. He also up his own stock broking firm, Sivan


Is this the right time for an IPO?

See, we had to give an exit route to our investors. We feel that this is the right time for an IPO, and in the pre-IPO round, we got a valuation of Rs.6,200 crore for the company. Post issue, 54% of the company will be with the promoters, 27% with investors (all existing investors are staying back as they believe in the potential) and the remaining 15% will be with the public. Considering the response we received from potential investors (domestic and overseas), there is good amount of interest and appetite.


What is your expansion plan in the near future?

Over the next three years, we plan to open 135 new outlets every year at an estimated spend of Rs.400-450 crore. Today, there are about 2,000 cafés across India, of which we have 1,518 stores—1,423 CCD outlets across 209 cities, 42 CCD Lounge outlets in seven cities and seven CCD Square outlets in four cities. I don't really know how many outlets we'll have in next five years, but there will be at least 5,000 stores in five years. Like before, all CCD outlets in India will be owned by the company. About 70% of the new stores will come up in existing cities where CCD already operates and the remaining will come up in new cities and on highways. We see a lot of opportunities in cafés across highways. At present we operate 137 CCDs on highways. Over the next five years, we believe, there will be at least 1,000 coffee outlets on highways. There's a huge scope in all the top-tier cities.


At the net level, you are still making losses. When will you start making net profits?

Yes, at net level we are reporting loss (about Rs.140 crore). That's becaof high depreciation and expansion costs. At operating level, we are profitable. In FY16, we hope to report net profit, and in FY17, we'll be a cash-surplus company.


You have outlets in Austria, Czech Republic and Malyasia. Will you further expand your global footprint?

Over a period, I would like CCD to be the most preferred Indian brand on all high streets globally. Unlike India, we franchisee CCD for the global markets and get royalty. We are one of the few Indian brands that earn royalties, and don't pay to the global brands. The existing 17 global outlets are extremely successful, and the future is optimistic. We have built CCD into a preferred destination for meetings across Indian cities, why can't it be a global story in future? All these years, we have been learning as a start-up. The real game will be over the next 10-15 years.


What are the changes that you would like to bring into the business? What are the things that require improvements?

The world is changing fast. Data, analytics and engagements with customers are becoming more important. There is a need to improve service quality. I think we can still improve by about 30% to be at par with the international giants. We are working on many things, such as service quality and food offerings. However, we'll always be a beverages destination where food is a supplement, not food outlets where beverage is a supplement.

Also, there will be integration of technology that would ensure better engagement with the consumers in the coming months. These would make order-supply smoother, better offers for the consumers ensuring better services. We would like to offer better connectivity at CCD, much better than what we offer today. A lot can happen over a cup of coffee—at CCD or through CCD.


What made you enter the coffee retailing business?

My family was in the business of coffee growing since 1970s. Prices were much lower as compared to the global prices. But I believed that one day the coffee market will open up for India. Between 1986 and 1993, I bought 3,500 acres of coffee estates. The market opened up when Manmohan Singh was the finance minister and we started selling coffee directly to international buyers. Between 1993 and 1995, we became India's largest coffee exporter. Around that time, I met a member of the family who owns Germany's best-known coffee brand Tchibo—which was our second largest coffee buyer. Tchibo started with just a 10 sq. ft outlet in 1948 in Hamburg to become the second largest coffee roaster in Europe. If Tchibo could have made it so big in 40 years, why couldn't we? That was what inspired me to get into the café business. Initially, the idea of setting up cafés did not get a shape. In 1996, I visited Singapore and saw people surfing Internet at beer cafés. So we started CCD with internet connectivity in 1996 with a corpus of just Rs.1.5 Crore
CPPK
92. CPPK  Sep 29, 2015 12:05 I Like It. | Report Abuse
RBI REDUCE REPO RATE BY 50 BPS . WHAT WILL IMPACT ON BANKING SHARES ON THIS RATE CUT. WILL BANKING SHARES FURTHER GO DOWN FROM HERE.
Sreedhar R
92.1. Sreedhar R  Sep 29, 2015 21:56 I Like It. | Report Abuse
Hi CPPK, One of the first rates that banks generally cut when the central bank announces a rate cut is in deposit rates. Saving rates, be it a savings bank account or fixed deposit will go down from investors. What this means is Customers wont prefer depositing their cash in bank and will opt for other means of investing. Banks will be left with lower levels of cash and will resort to borrowing and subsequently banking shares going down for a period of time.
Septa
92.2. Septa  Sep 29, 2015 23:31 I Like It. | Report Abuse
IPO Guru IPO Guru (3900+ Posts, 4400+ Likes)
I agree with customer moving from Bank FD to other debt instruments however I begged to differ with bank profitability given the margin Indian banks have 350 basis point presently it cheap to borrow then FD rate to much funds floating however NPA will be big issue.

If you bet sensex at 50000 in 2020 then bank shares have to do really well in order to get to even 40000 in 2020
Rajesh Tambe
91. Rajesh Tambe  Sep 28, 2015 19:33 I Like It. | Report Abuse
Guys

Good news
Ccd ipo
14-16 October

Price band 360-375
Lot size 40 shares


jignesh gondaliya
90. jignesh gondaliya  Sep 28, 2015 10:06 I Like It. | Report Abuse
Time of Arun Jetli annoucement......?
CPPK
89. CPPK  Sep 18, 2015 18:30 I Like It. | Report Abuse
THERE IS NO CHANGE IN THE RATES BY FED . IN INDIA THERE IS ALSO A PRESSURE TO RBI TO REDUCE THE INTT RATES. IF RBI REDUCE THE INTT RATES ON 29 /09/2015. WHAT WILL IMPACT ON INDIAN MARKET. SPECIALLY IN BANKING SHARES. IS THIS IS A GOOD TIME TO ENTER IN PNB , SBI FOR A PERIOD OF 1 YEAR. PLEASE SUGGEST
jagadish abbigeri
89.4. jagadish abbigeri  Sep 20, 2015 22:49 I Like It. | Report Abuse
Iam watching last 2 rate cuts by RBI. Whenever rate cut by RBI since last 2 cuts market going oneway downwards only..
IPO Run
89.5. IPO Run  Sep 23, 2015 15:25 I Like It. | Report Abuse
AA kyare saro profit apse??
Uchit Patel
88. Uchit Patel  Sep 18, 2015 11:48 I Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 1300+ Likes)
Sadbhav''s management is very good. Go long for Sadbhav infra. Group is investor friendly. If they are greedy they can launch their ipo when their parent company Sadbhav engineering was on peak. All greedy promoters launched their child company''s ipo when their parent company was on peak e.g reliance launched r power,
Adani launched Adani port and Adani power, Jaypee launched JP power and Jp infra .
We know the return given by these greedy promoters in last 6-7 years.
IPOANALYSIS
87. IPOANALYSIS  Sep 17, 2015 23:00 I Like It. | Report Abuse
@atul. Check the amount of returns sadbhav eng has given to inveatora when managemwnt is good it will reward investors. Ao infact with reduced debt it qill do even more well in future . On contrary prabhat had failed to enthany segment of investors. There will be huge rush to sell this stock. Everyone know it has margin pressure and no scope in future.
atul
86. atul  Sep 17, 2015 22:45 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
@ipoanalysis
Sadbhav also is contnious loss making company.it participated in ipo to get rid of debt.it listed at good premium why not prabhat?
IPOANALYSIS
85. IPOANALYSIS  Sep 17, 2015 17:08 I Like It. | Report Abuse
Prabhat will be a flop show. No takers and very expensive valuaation. No big investor would want to buy for long term as this has low margin and decrease pofit yoy and its peers are growing at faster rate.
the only thing that can it is manipulation but that too wontlast long and sooner or later it will come to its fai price of 65 rs
Raju Bhai
84. Raju Bhai  Sep 17, 2015 12:24 I Like It. | Report Abuse
Any kostak is possible in SME issue ?
Peter Mark
83. Peter Mark  Sep 17, 2015 02:53 I Like It. | Report Abuse
Can anyone tell me how to trade BSE SME shares?
atul
82. atul  Sep 16, 2015 22:33 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
Even if we recall pre ipo listing discussion ratings were
1pushkar2navkar3penner4sadbhav5praphat .now what is going on if we look atpost ipo actual premiun then
1sadbhav2navkar3penner4puskar
Now looking at actual difference between pre and post ipo rating&premiums I think prabhat will come at no 1 postion in terms of premium.all predicaton done by respected members went wrong.
NKD
82.1. NKD  Sep 17, 2015 10:28 I Like It. | Report Abuse
I APPLIED IN THIS SEQUENCE

PARBHAT 5 APPLICATION
NAVKAR 3 APPLICATION
SHREE PUSHKAR 1
SADBHAV 0
PENNAR 0
atul
81. atul  Sep 16, 2015 22:24 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
Loss making company is listing at premium and fundamentaly sound company like pushkar are listing and continiously going down.is something fishy is going on .
pinkyjain
80. pinkyjain  Sep 16, 2015 18:53 I Like It. | Report Abuse
Acb india ipo
28th-30th Sept
165-172

Lot 85
Gmp 8-9



Breaking news

Interglobe Aviation Ltd

Ipo Starts
6th-8th Oct

410-425
Lot 35 shares

Gmp 12-13 Rajkot

6th oct is lucky for indigo thats why ipo hitting on 6th...
All its flight no. Starts with 6...

All the best


jagadish abbigeri
80.4. jagadish abbigeri  Sep 17, 2015 12:16 I Like It. | Report Abuse
Pinkyji, Iam vety new to this stock market field, so plz telme the meaning of grey market & gtey market premium. who decides premium..
jagadish abbigeri
80.5. jagadish abbigeri  Sep 21, 2015 12:21 I Like It. | Report Abuse
Pinkiji, plz tel me where u found the details of indigo ipo date, price band. plz tel me what is the maximum lots one retailer investor can apply..
IPOANALYSIS
79. IPOANALYSIS  Sep 16, 2015 11:50 I Like It. | Report Abuse
SADBHAV AND SHREE PUSHKAR ARE BOTH LONG TERM PLAYS.
SADBHAV SUBSCRIBED EVEN IN WEAK MARKETS.

UNLINKE PRABHAT WHICH ARE CHOR COMPANY AND WIL BE BEATEN DOWN BY MARKETS.

THAT IS DIFFERENCE BETWEEN GOOD PROMOTERS SADBHAV AND BAD PROMOTERS OF PRABHAT. GOOD MANAGEMENT WILL REWARD INVESTORS. BAD MANAGEMENT WILL NOT CARE ABOUT THE STOCK AND JUST TO LOOT PEOPLE BY PRICING DOUBLE THEIR VALUE PRICE
jagadish abbigeri
78. jagadish abbigeri  Sep 16, 2015 11:27 I Like It. | Report Abuse

Sebi approves IndiGo’s Rs 2,500 cr IPO 15-Sep-2015
IndiGo''s parent firm InterGlobe Aviation has
received approval from market regulator Sebi
for its Rs 2,500 crore initial public offer, said
the media reports. Under the offer, the
company plans to issue fresh shares worth Rs
1,272 crore. An equivalent amount can be
raised through sale of up to 3.01 crore shares
by its existing shareholders. The Securities and
Exchange Board of India (Sebi) has cleared the
proposed initial share sale and gave its final
observations on the IPO on September 11. The
papers for raising up to Rs 2,500 crore
through the IPO were filed with Sebi in June
this year. InterGlobe Aviation runs the
country''s biggest airline by market share under
the IndiGo brand. Citigroup, JPMorgan India,
Morgan Stanley, Barclays, UBS Securities India
and Kotak Mahindra Capital Company are
lead managers
pinkyjain
77. pinkyjain  Sep 16, 2015 10:04 I Like It. | Report Abuse


76. pinkyjain Sep 15, 2015 10:38:28 PM IST Reply
Listing btw 107-110

May reach 115

What say now
patel keyur
77.1. patel keyur  Sep 16, 2015 13:54 I Like It. | Report Abuse
new ipo have
pinkyjain
76. pinkyjain  Sep 15, 2015 22:38 I Like It. | Report Abuse
Listing btw 107-110

May reach 115



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