Share Samadhan was incorporated on December 26, 2011. The company provides investment retrieval services and resolvs investor grievances related to financial assets such as equity shares, mutual funds, debentures, bonds, insurance, provident funds, deposits, bank accounts, debts, and other asset classes.
| Bidding Dates |
|---|
| 09 Sep 2024 - 11 Sep 2024 |
| Subscription |
|---|
| 13.63x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,12,000 | 1 | 1 | 1600 | 3.3 M | ₹70 - ₹74 | 62.52 % | ₹227.6 M - ₹240.6 M | RHP DOC |
Share Samadhan Ltd. IPO SUBSCRIPTION STATUS
11 Sep '24Share Samadhan Ltd. IPO overall subscription rate was 13.63 times the total available shares
Share Samadhan Ltd. IPO retail subscription rate was 18.04 times in the retail segment
Share Samadhan Ltd. IPO non-institutional investor subscription rate was 16.87 times in the non-institutional investor category
Share Samadhan Ltd. IPO Qualified Institutional Bidder subscription rate was 2.66 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
11 Sep 2024 (Day 3) | 18.04x | 16.87x | 2.66x |
10 Sep 2024 (Day 2) | 5.89x | 2.36x | 0x |
09 Sep 2024 (Day 1) | 2.01x | 0.6x | 0x |
Share Samadhan Ltd. 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) | Margins |
| FY24 | 39.1 | 98.3 | 2.9 | 1.8 | 56.4% |
| FY23 | 4.8 | 27.6 | 18.4 | 17.8 | 28.4% |
| FY22 | 6.1 | 24.2 | -3.3 | -3.7 | 24.2% |
Share Samadhan Ltd. IPO SUBSCRIPTION STATUS DETAILS
Share Samadhan Ltd. had 3.3 M shares on offer
Share Samadhan Ltd. IPO offer price was in the range ₹70 - ₹74
Share Samadhan Ltd. IPO minimum Investment was ₹112000
Share Samadhan Ltd. IPO issue size was ₹ 227.6 M - ₹ 240.6 M
Share Samadhan Ltd. had a minimum lot size of 1600 Shares per application
Share Samadhan Ltd. NUMBER OF SHARES ON OFFER
Share Samadhan Ltd. IPO IMPORTANT DATES
| Issue Open Date | 09 Sep 2024 |
| Issue close Date | 11 Sep 2024 |
| Allotment Date | 12 Sep 2024 |
| Refund Date | 13 Sep 2024 |
| Demat Account Credit Date | 13 Sep 2024 |
| Listing Date | 16 Sep 2024 |
| Listing on Exchange(s) | BSE |
| Share Samadhan Ltd. Allotment Status | Exchange |
Share Samadhan Ltd. IPO subscription opened on 09 Sep 2024, and closed on 11 Sep 2024
IPO allotment for Share Samadhan Ltd. was finalized on Thursday, 12 Sep 2024
IPO listing for Share Samadhan Ltd. was on BSE on Monday, 16 Sep 2024
Share Samadhan Ltd. IPO LISTING GAINS
| Issue Price (adjusted) | 74.0 |
| Listing Open Price | 73.0 |
| Listing Close Price | 74.9 |
| Listing Gain% | -1.3% |
| Current Gain% | -52.7% |
Share Samadhan Ltd. Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Share Samadhan Ltd. | 35 | 42.9 | 74.6 | -0.9 | 5.6 | 1.4 | 1.3 | 7.7 | -49.5 | 0.6 | -81.7 | 0.5 | -81.7 |
| Crisil Ltd. | 4607 | 33691 | 38.1 | 1.8 | 8.2 | 25.2 | 16.5 | 3755.6 | 12.1 | 766 | 12 | 120.9 | 21.5 |
| Central Depository Services (India) Ltd. | 1328 | 27755.2 | 58.9 | -12.4 | 23.5 | 23.3 | 18.8 | 1238.5 | 3.3 | 456.1 | -13.4 | 22.5 | -4.8 |
| IIFL Finance Ltd. | 611.8 | 26022.7 | 12.4 | 0 | 1.8 | 11.9 | 1.9 | 13373.8 | 30.6 | 1660.8 | 338.5 | 49.4 | 548.8 |
| National Securities Depository Ltd. | 821.2 | 16424 | 42.3 | 4.5 | 9.5 | 16 | 9.9 | 1660.2 | 8.1 | 379.7 | 10.7 | 19.4 | 9.4 |
| KFIN Technologies Ltd. | 936 | 16178.4 | 47.4 | -1147.9 | 11.7 | 20.5 | 12.4 | 1343.9 | 19.1 | 343.7 | 3.3 | 19.8 | 0 |
Share Samadhan Ltd. INFORMATION ON IPO ISSUE
About Share Samadhan Ltd.
Share Samadhan was incorporated on December 26, 2011. The company provides investment retrieval services and resolvs investor grievances related to financial assets such as equity shares, mutual funds, debentures, bonds, insurance, provident funds, deposits, bank accounts, debts, and other asset classes.
Object of the Issue
- To meet out the expenses for investment in technology.
- To meet out the expenses for unidentified acquisition for company (In India or abroad).
- To meet out the working capital requirements of the company.
- To meet out the issue expenses.
Share Samadhan Ltd. - PROMOTERS
| Name |
|---|
| Abhay Kumar Chandalia |
| Vikash Kumar Jain |
Share Samadhan Ltd. Lead Manager of the Issue
Narnolia Financial Services Limmited
ipo@narnolia.com
Share Samadhan Ltd. Registrar to the issue
Skyline Financial Services Private Limited
compliances@skylinerta.com
Share Samadhan Ltd. Strengths
First mover advantage
The company was the first to offer focused professional services in this field. With nearly a decade of experience in helping people recover lost investments, the company enjoys a first-mover advantage
Client-centric approach
The company’s focus on each client’s unique needs enables it to deliver tailored and effective solutions. The company is committed to building trust and fostering long-term relationships with clients, positioning itself as a trusted partner in safeguarding and recovering their investments
Share Samadhan Ltd. Risks
Success-based fee structure
The company's business model depends on success-based fees, where income is tied to investment performance and the results of legal cases. Unsuccessful cases or failure to recover investments could severely impact operations
Legal professionals fee
A significant portion of the company's revenue is spent on legal fees for its litigation funding solutions. These charges make up a major part of its expenses, and any significant increase in these costs could reduce the profitability
Dependent on business associates
The success of the business relies heavily on relationships with associates. Losing these associates or their unavailability could significantly harm the business, leading to higher costs, reduced revenue, and damage to the business’s reputation
IPO FAQs
The promoters of the company are Abhay Kumar Chandalia and Vikash Kumar Jain.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 70.0 - 74.0.
The IPO application opens on Sep 09, 2024 and closes on Sep 11, 2024.
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. 112,000.0, the maximum value for this IPO is Rs 118,400.0.
This IPO will be allotted on Sep 12, 2024.
The refund will be credited to your account on Sep 13, 2024.
The allotted shares will be credited to your demat on Sep 13, 2024.
Share Samadhan Ltd.’s shares listed on the stock exchanges on Sep 16, 2024.