Shantidoot Infra Services was incorporated on March 11, 2019. The company provides specialized construction services to the education, healthcare and hospitality sectors.
| Bidding Dates |
|---|
| 06 Sep 2022 - 09 Sep 2022 |
| Subscription |
|---|
| 2.85x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,29,600 | 1 | 1 | 1600 | 496.0 K | ₹81 | 72.41 % | ₹40.2 M | RHP DOC |
Shantidoot Infra Serv IPO SUBSCRIPTION STATUS
09 Sep '22Shantidoot Infra Serv IPO overall subscription rate was 2.85 times the total available shares
Shantidoot Infra Serv IPO retail subscription rate was 3.33 times in the retail segment
Shantidoot Infra Serv IPO non-institutional investor subscription rate was 2.36 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
09 Sep 2022 (Day 4) | 3.33x | 2.36x | - |
08 Sep 2022 (Day 3) | 0.94x | 0.63x | - |
07 Sep 2022 (Day 2) | 0.62x | 0.43x | - |
06 Sep 2022 (Day 1) | 0.25x | 0.12x | - |
Shantidoot Infra Serv FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| FY22 | 14.0 | 76.1 | 5.1 | 5.0 |
| FY21 | 0.9 | 41.5 | 5.2 | -6.6 |
| FY20 | 0.3 | 21.9 | -1.2 | -1.2 |
Shantidoot Infra Serv IPO SUBSCRIPTION STATUS DETAILS
Shantidoot Infra Serv had 496.0 K shares on offer
Shantidoot Infra Serv IPO offer price was ₹81
Shantidoot Infra Serv IPO minimum Investment was ₹129600
Shantidoot Infra Serv IPO issue size was ₹ 40.2 M
Shantidoot Infra Serv had a minimum lot size of 1600 Shares per application
Shantidoot Infra Serv NUMBER OF SHARES ON OFFER
Shantidoot Infra Serv IPO IMPORTANT DATES
| Issue Open Date | 06 Sep 2022 |
| Issue close Date | 09 Sep 2022 |
| Allotment Date | 14 Sep 2022 |
| Refund Date | 15 Sep 2022 |
| Demat Account Credit Date | 16 Sep 2022 |
| Listing Date | 19 Sep 2022 |
| Listing on Exchange(s) | NSE and BSE |
| Shantidoot Infra Serv Allotment Status | Exchange |
Shantidoot Infra Serv IPO subscription opened on 06 Sep 2022, and closed on 09 Sep 2022
IPO allotment for Shantidoot Infra Serv was finalized on Wednesday, 14 Sep 2022
IPO listing for Shantidoot Infra Serv was on NSE and BSE on Monday, 19 Sep 2022
Shantidoot Infra Serv IPO LISTING GAINS
| Issue Price (adjusted) | 81.0 |
| Listing Open Price | 105.0 |
| Listing Close Price | 110.3 |
| Listing Gain% | 29.6% |
| Current Gain% | 628.4% |
Shantidoot Infra Serv INFORMATION ON IPO ISSUE
About Shantidoot Infra Serv
Shantidoot Infra Services was incorporated on March 11, 2019. The company provides specialized construction services to the education, healthcare and hospitality sectors.
Object of the Issue
- Working capital requirements
- General corporate purposes
Shantidoot Infra Serv - PROMOTERS
| Name |
|---|
| Avijeet Kumar |
Shantidoot Infra Serv Lead Manager
Gretex Corporate Services Limited
info@gretexgroup.com
Shantidoot Infra Serv Registrar to the Issue
Bigshare Services Private Limited
ipo@bigshareonline.comWebsite
Shantidoot Infra Serv Strengths
Experienced management team
The company has a pool of intellectual workforce who have an experience in working on construction projects of varying sizes and scopes
Direct relationship with suppliers
The company has developed direct relationships with companies/firms for the supply of materials
Established relationship with subcontractors
The company has established good relations with subcontractors with whom it has worked for long time
Shantidoot Infra Serv Risks
Outstanding proceedings
There are outstanding legal proceedings involving the company, promoter and directors
Geographically concentrated
The company generates entire revenues from operations in only certain geographical regions of Bihar and Jharkhand
IPO FAQs
This IPO consists of an offer for sale of up to Rs 2.0 crore, of 248,000 shares. It also consists of a fresh issue of Rs 2.0 crore.
The promoter of the company is Avijeet Kumar.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 81.0 - 81.0.
The IPO application opens on Sep 06, 2022 and closes on Sep 09, 2022.
The minimum lot size for the IPO is 1600. The maximum lot size for the IPO is 1600.
For all category investors, the minimum application amount for this IPO is Rs. 129,600.0, the maximum value for this IPO is Rs 129,600.0.
This IPO will be allotted on Sep 14, 2022.
The refund will be credited to your account on Sep 15, 2022.
The allotted shares will be credited to your demat on Sep 16, 2022.
Shantidoot Infra Services Ltd.’s shares listed on the stock exchanges on Sep 19, 2022.