Issue Price
₹35
Per Share
GMP
NIL
Grey Market
Est. Listing
₹35
Expected Price
Min. Application
₹29,960
2 lots × 428 shares
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.
Udayshivakumar Infra Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 18,857,142 | 100.00% | ₹66.00 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 428 | ₹14,980 |
| Retail (Max) | 13 | 5,564 | ₹194,740 |
| sNII (Min) | 14 | 5,992 | ₹209,720 |
| bNII (Min) | 68 | 29,104 | ₹1,018,640 |
| Particulars | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
|---|---|---|---|
| Revenue from Operations | 194.41 | 211.11 | 186.39 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 10.49 | 9.32 | 12.15 |
| Net Worth | 46.87 | 56.18 | 68.32 |
| Total Assets | 158.26 | 146.82 | 162.61 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | 33.95 | 30.60 | 26.48 |