IPO Issue Details
Issue Price / Price Band₹81 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size4,96,000 shares (aggregating up to ₹4.02 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 06 Sep 2022
Subscription CloseFri, 09 Sep 2022
Anchor AllotmentMon, 05 Sep 2022
Basis of AllotmentWed, 14 Sep 2022
Initiation of RefundsThu, 15 Sep 2022
Credit of Shares to DematFri, 16 Sep 2022
Listing DateMon, 19 Sep 2022
UPI Mandate Deadline2022-09-09
Application & Investment Details
Retail — Min (1 Lots)₹1,29,600 — 1,600 shares
Retail — Max (13 Lots)₹1,684,800 (13 Lots)
HNI — Min (2 Lots)₹2,59,200 — 3,200 shares
P/E Ratio (Pre-IPO)10.37x
Net Offer to Public4,70,400 shares (aggregating up to ₹3.81 Cr)
Reserved for Market Maker25,600 shares (aggregating up to ₹0.2074 Cr)
Pre-IPO Promoter Holding15,50,000 shares
Post-IPO Promoter Holding17,98,000 shares
Fresh Issue Shares2,22,400 shares (aggregating up to ₹1.80 Cr)
Offer for Sale Shares2,48,000 shares of ₹10 (aggregating up to ₹2.01 Cr)
About Shantidoot Infra Services Ltd.
Incorporated in 2019, Shantidoot Infra Services Limited is a specialized provider of construction services to the education, healthcare and hospitality sectors. The company is headquartered in Patna and currently operating a business in the Indian states of Bihar and Jharkhand.Shantidoot Infra Services Limited also carry out projects of re-designing, re-modelling and renovating institutions as per the need of the clients. The company categorises the projects mainly into the government sector and the Private sector. The company secure private sector contracts, in general, through one-to-one negotiation and Government contracts through bids as per the public notice issued by government departments.The projects undertaken by the company are the Renovation of the Kerua Pond scheme Under M.I. Division Nalanda on Block-Giriyak, Sarmera and Silao (Government projects) and Gautam Institute of Nursing, Gautam Institute of Pharmacy, Mata Sushila Institute of Education, Shantidoot Hospital, among other (Private projects).Competitive Strengths :Experienced Management team and skilled manpower.Direct Relationship with Suppliers.Quality Assurance and Standards.Established relationship with Subcontractors.
Objects of the Issue
Shantidoot Infra Services Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Working Capital Requirements
1.32
2
2 General Corporate Purposes
0.42
Shareholding & Lock-in
Pre-IPO Promoter Holding
15,50,000 shares
Post-IPO Promoter Holding
17,98,000 shares