UDAYSHIVAKUMAR INFRA LIMITED
₹ 33 - ₹ 35
20-Mar-2023 - 23-Mar-2023
₹ 14980.00

/ 428 Shares

UDAYSHIVAKUMAR INFRA LIMITED

20-Mar-2023 - 23-Mar-2023

₹ 33 - ₹ 35

Price Band

₹ 14980.00

Minimum Investment

428

Bid Lot

18,857,142

Shares

  • Face Value - ₹ 10/- Per Share

  • Listing at NSE BSE

  • 26,435 Application Required in Retail for 1 Time.

  • Registrar : MAS Services Limited

IPO Details

Fresh Issue of Equity Shares aggregating upto Rs. 66 Cr

Category % Shares/Amount
QIB 10% 1,885,715 Shares Rs. 6.60 Cr
HNI 1 10% 1,885,714 Shares Rs. 6.60 Cr @ 315 Forms 1x
HNI 2 20% 3,771,428 Shares Rs. 13.20 @ 629 Forms 1x
Retail 60% 11,314,285 Shares Rs. 39.60 @ 26435 Forms 1x

BRLMs: Saffron Capital Advisors

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
26435 315 629

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 428 ₹ 14,980
Retail (Upto 2 Lakh) 13 5564 ₹ 194,740
S-HNI (2 Lakh to 10 Lakh) 14 5992 ₹ 209,720
S-HNI (2 Lakh to 10 Lakh) 66 28248 ₹ 988,680
B-HNI (Above 10 Lakh) 67 28676 ₹ 1,003,660

IPO Timeline

  • Open Date

    20-Mar-2023

  • Close Date

    23-Mar-2023

  • Basis of Allotment Date

    28-Mar-2023

  • Initiation of Refunds

    29-Mar-2023

  • Credit Shares to Demat A/c

    31-Mar-2023

  • IPO Listing Date

    03-Apr-2023

Subscription as on
23-Mar-2023 16:59

Category Book Size Subscription No. of Times
QIB 754,286 ₹ 2.64 Cr. 80,943,788 ₹ 283.30 Cr. 107.31x
HNI (<10 LAKH) 1,885,714 ₹ 6.60 Cr. 122,787,636 ₹ 429.76 Cr. 65.11x
HNI2 (>10 LAKH) 3,771,428 ₹ 13.20 Cr. 239,650,040 ₹ 838.78 Cr. 63.54x
RETAIL 11,314,285 ₹ 39.60 Cr. 168,880,668 ₹ 591.08 Cr. 14.93x
Total 17,725,713 612,262,132 34.54x
Category Book Size Subscription No. of Times
QIB 754,286 ₹ 2.64 Cr. 80,943,788 ₹ 283.30 Cr. 107.31x
HNI (<10 LAKH) 1,885,714 ₹ 6.60 Cr. 122,787,636 ₹ 429.76 Cr. 65.11x
HNI2 (>10 LAKH) 3,771,428 ₹ 13.20 Cr. 239,650,040 ₹ 838.78 Cr. 63.54x
RETAIL 11,314,285 ₹ 39.60 Cr. 168,880,668 ₹ 591.08 Cr. 14.93x
Total 17,725,713 612,262,132 34.54x

*Excluding Anchor

Total No. of Application Approx : ~354696 (13.42 Appwise)

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

  • Udayshivakumar Infra Limited was incorporated on August 22, 2002.  The company is engaged in the business of construction of roads including National Highways, State Highways, District Roads, Smart Roads under PM’s Smart City Mission projects, Smart Roads under Municipal Corporations, Bruhat Bengaluru Mahanagara Palike (BBMP) and Local Area Roads in various Taluka Places etc., in the State of Karnataka, Constructions of Bridges across Major and Minor Rivers, Railway Over Bridges (ROB), construction of Major and Minor Irrigation and canal projects, Industrial Areas, based in the State of Karnataka. The company bids for Roads, Bridges, Irrigation & Canals, Industrial Area construction in the State of Karnataka including Government Departments.  
  • Since Fiscal 2015, the company has completed 30 projects having an aggregate contract value of ?684.68 crore, which includes 16 roads, 5 bridges, 6 irrigation and 3 civil construction works.  
  • As on December 31, 2022, the company is executing 30 ongoing projects which include 10 roads, 7 smart roads, 1 bridge, 8 irrigation projects, 3 civil construction works and 1 toll plaza with an aggregate order book value of ? 853.88 crore. 
  • Further, as on December 31, 2022, they also have new work orders allotted (but work not yet started) comprising of 14 roads, 1 toll plaza and 1 irrigation works with an aggregate order book value of ? 436.51 crore. As on December 31, 2022 on an aggregate basis, they have 46 works orders in hand having aggregate order book value of ? 1,290.39 crore. 
  • As on December 31, 2022, their equipment base comprises of 111 construction equipments, 46 dumpers, 51 other construction vehicles, 7 Ready Mix Concrete (RMC) Plants (out of which 1 is taken on lease). Also, they have 1 stone quarry owned by M/s. Udayshivakumar Stone Crusher.
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Strengths

  • Focused on Roads, Flyovers and Bridge construction; 
  • Strong Order Book of roads, bridges, flyovers and irrigation projects from Karnataka state government;
  • Strong execution capabilities with industry experience; 
  • Experienced management team.

Company Promoters

Company Financials

 
Period Ended Total Assets Total Revenue Profit After Tax Net Worth Total Borrowing
31-Mar-20 158.26 194.41 10.49 46.87 33.95
31-Mar-21 146.82 211.11 9.32 56.18 30.60
31-Mar-22 162.61 186.39 12.15 68.32 26.48
30-Sep-22 178.90 107.14 10.02 78.34 39.46
Amount in ? Crore

Objects of the Issue

The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:

  1. Funding incremental working capital requirements of our Company;
  2. General corporate purposes.

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to InvestoYard.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with InvestoYard, in just a few clicks your application is processed. You can bid for any IPO through InvestoYard, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on InvestoYard’s IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

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