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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.

Univastu India IPO Details

Issue OpenJul 14, 2017 - Jul 19, 2017
Issue TypeFixed Price Issue IPO
Issue Size1,497,000 Eq Shares of ₹10
(aggregating up to ₹5.99 Cr)
Face Value₹10 Per Equity Share
Issue Price₹40 Per Equity Share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtNSE SME

Univastu India IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum13000₹120,000
Maximum13000₹120,000

Univastu India IPO Subscription Status (Bidding Detail)

Univastu India IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

748,500

748,500

1,497,000

Jul 19, 2017 17:00

Univastu India IPO Prospectus

Univastu India IPO Rating

230
4.0
Rating:Rated 4.0 stars

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Univastu India IPO Listing Date

Listing DateThursday, July 27, 2017
BSE Script Code
NSE SymbolUNIVASTU
Listing In
ISININE562X01013
Issue Price₹40 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

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

Univastu India IPO Reviews / Ratings

Company Contact Information

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
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Univastu India IPO FAQs

  1. 1. What is Univastu India IPO?

    Univastu India IPO is an SME initial public offering of 1,497,000 equity shares of the face value of ₹10 aggregating up to ₹5.99 Crores.

    The issue price of the IPO is ₹40 Per Equity Share. The minimum order quantity is 3000 Shares per application and the offer type is Fixed Price Issue.

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

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

  2. 2. When Univastu India IPO will open?

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

  3. 3. How to apply for Univastu India IPO?

    Univastu India IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Univastu India IPO allotment?

    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.

  5. 5. When is Univastu India IPO listing date?

    The Univastu India IPO listing date is on Thursday, July 27, 2017, at NSE SME.

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Univastu India IPO Review / Comments

Manjunatha
84. Manjunatha  Jul 29, 2017 10:07 I Like It. | Report Abuse
DO''T SELL YOUR IPO ALLOTTMENT UNTIL IT REACHES Rs.80
NRJAIN
84.1. NRJAIN  Jul 29, 2017 11:03 I Like It. | Report Abuse
When it reaches target? Till diwali it possible?
agarwalbroker
84.2. agarwalbroker  Aug 1, 2017 19:17 I Like It. | Report Abuse
sir please suggest me should i sell it or keep it for future?
agarwalbroker
83. agarwalbroker  Jul 31, 2017 16:49 I Like It. | Report Abuse
Any future of this IPO? Please suggest
Manjunatha
82. Manjunatha  Jul 29, 2017 10:05 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
COMMONMAN
81. COMMONMAN  Jul 24, 2017 21:28 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Got 1Lot Alloted
agarwalbroker
81.1. agarwalbroker  Jul 27, 2017 22:40 I Like It. | Report Abuse
Tell me at what price should i sell it?
COMMONMAN
81.2. COMMONMAN  Jul 28, 2017 00:28 I Like It. | Report Abuse
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
Encoder
80. Encoder  Jul 27, 2017 17:06 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.
addy A
80.1. addy A  Jul 27, 2017 17:38 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.
hnc
79. hnc  Jul 27, 2017 14:45 I Like It. | Report Abuse
What is the future of this stock ?
agarwalbroker
78. agarwalbroker  Jul 27, 2017 09:19 I Like It. | Report Abuse
At what price should i sell my univastu allotment?
agarwalbroker
78.1. agarwalbroker  Jul 27, 2017 09:20 I Like It. | Report Abuse
??
Murtuza
77. Murtuza  Jul 26, 2017 22:36 I Like It. | Report Abuse
What will be listing rates ??
Any news please share
PKK
76. PKK  Jul 26, 2017 21:17 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
satya
75. satya  Jul 26, 2017 21:02 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.
Rajendra s
74. Rajendra s  Jul 26, 2017 18:03 I Like It. | Report Abuse
Univastu to list tomorrow 27/07 at nse sme plateform
JKG
73. JKG  Jul 24, 2017 21:39 I Like It. | Report Abuse
Got 1/3
N K Venugopala Bhat
73.1. N K Venugopala Bhat  Jul 26, 2017 15:56 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
Ficpl
72. Ficpl  Jul 26, 2017 10:46 I Like It. 2 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 500+ Likes)
I think 07/27 is the listing date. But waiting for circular for final update.
Ficpl
72.1. Ficpl  Jul 26, 2017 14:06 I Like It. 1 | Report Abuse
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.
sanjeev agrawal
71. sanjeev agrawal  Jul 26, 2017 10:08 I Like It. | Report Abuse
LISTING DATE....
agarwalbroker
70. agarwalbroker  Jul 25, 2017 20:04 I Like It. | Report Abuse
can anyone tell me please its expecting listing price on listing day?
COMMONMAN
70.1. COMMONMAN  Jul 25, 2017 20:17 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Should Be Between 44-46
agarwalbroker
70.2. agarwalbroker  Jul 25, 2017 22:06 I Like It. | Report Abuse
thank you sir
Gautama
69. Gautama  Jul 25, 2017 21:42 I Like It. | Report Abuse
Dear members anyone know listing date of univastu ?
Gautama
68. Gautama  Jul 25, 2017 19:49 I Like It. | Report Abuse
What is gmp?
Bitu
67. Bitu  Jul 25, 2017 18:23 I Like It. | Report Abuse
When will be it''s listing???
COMMONMAN
67.1. COMMONMAN  Jul 25, 2017 18:51 I Like It. 1 | Report Abuse
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
satya
66. satya  Jul 25, 2017 14:14 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.
VinodR
65. VinodR  Jul 18, 2017 09:50 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.
Prabhakaran Kuppusamy
65.1. Prabhakaran Kuppusamy  Jul 19, 2017 20:05 I Like It. 1 | Report Abuse
Top Contributor Top Contributor (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.
satya
65.2. satya  Jul 25, 2017 10:55 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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