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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.
| IPO Date | Mar 20, 2023 to Mar 23, 2023 |
| Listing Date | [.] |
| 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 |
| 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 |
Udayshivakumar Infra IPO opens on Mar 20, 2023, and closes on Mar 23, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Mar 20, 2023 |
| Closing Date | Mar 23, 2023 |
| Basis of Allotment | Mar 28, 2023 |
| Initiation of Refunds | Mar 29, 2023 |
| Credit of Shares to Demat | Mar 31, 2023 |
| Listing Date | Apr 3, 2023 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
The Udayshivakumar Infra IPO lot size is 428 shares.
| 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 |
| Lot Size Calculator | |||
Mr. Udayshivakumar is the Promoter of the company.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding |
The Udayshivakumar Infra IPO is subscribed 32.49 times on Mar 23, 2023 7:02:00 PM. The public issue subscribed 14.95 times in the retail category, 42.92 times in the QIB category, and 64.08 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 42.92 |
| NII | 64.08 |
| bNII (bids above ₹10L) | 63.54 |
| sNII (bids below ₹10L) | 65.14 |
| Retail | 14.95 |
| Total | 32.49 |
Total Application : 367,123 (13.89 times)
| 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 | |||||
| KPI | Values |
|---|---|
| P/E (x) | 9.67 |
| Market Cap (₹ Cr.) | 193.75 |
[Dilip Davda] The company posted inconsistencies in its top and bottom lines for the reported periods. It has an order book of Rs. 1290 cr. as of December 31, 2022. Rising GST recovery from Government bodies raises concern. Based on its FY 23 annualized earnings, the issue appears fully priced. The initial listing in the T group may curtail speculative moves. Well-informed/cash surplus investors may consider parking funds for the long term. Read detail review...
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
Udayshivakumar Infra Limited
1924A/196, Banashankari Badavane,
Near NH-4 Bypass,
Davangere – 577 005
Phone: +91 819 229 7009
Email: cs@uskinfra.com
Website: http://www.uskinfra.com/
MAS Services Limited
Phone: (011) 2610 4142
Email: info@masserv.com
Website: http://www.masserv.com
Udayshivakumar Infra IPO is a main-board IPO of 20,000,000 equity shares of the face value of ₹10 aggregating up to ₹66.00 Crores. The issue is priced at ₹33 to ₹35 per share. The minimum order quantity is 428 Shares.
The IPO opens on Mar 20, 2023, and closes on Mar 23, 2023.
MAS Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Udayshivakumar Infra IPO using UPI as a payment gateway. Zerodha customers can apply in Udayshivakumar Infra IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Udayshivakumar Infra IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Udayshivakumar Infra IPO opens on Mar 20, 2023 and closes on Mar 23, 2023.
Udayshivakumar Infra IPO lot size is 428 Shares and the minimum order quantity is .
You can apply in Udayshivakumar Infra 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 Udayshivakumar Infra IPO will be done on Mar 28, 2023, and the allotted shares will be credited to your demat account by Mar 31, 2023. Check the Udayshivakumar Infra IPO allotment status.
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