Bookbuilding IPO | ₹54 Cr | Listed at BSE, NSE | Fri, Feb 3, 2006 - Wed, Feb 8, 2006
Sadbhav Engineering IPO is a book build issue of ₹53.65 crores. The issue is entirely a fresh issue of 0.29 crore shares of ₹53.65 crore.
Sadbhav Engineering IPO bidding started from Feb 3, 2006 and ended on Feb 8, 2006. The shares got listed on NSE and BSE on Mar 1, 2006.
Sadbhav Engineering IPO is set final issue price at ₹185 per share.
Karvy Investor Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Sadbhav Engineering IPO RHP for detailed Information.
IPO Open
Fri, Feb 3, 2006
IPO Close
Wed, Feb 8, 2006
Issue Price
₹185 per share
Market Cap (Pre-IPO)
₹201.65 Cr
| IPO Date | 3 to 8 Feb, 2006 |
| Listed on | Wed, Mar 1, 2006 |
| Face Value | ₹10 per share |
| Price Band | ₹165 to ₹185 |
| Issue Price | ₹185 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 29,00,000 shares (agg. up to ₹54 Cr) |
| Fresh Issue | 29,00,000 shares (agg. up to ₹54 Cr) |
| Share Holding Pre Issue | 80,00,000 shares |
| Share Holding Post Issue | 1,09,00,000 shares |
| BSE Script Code / NSE Symbol | 532710 / SADBHAV |
| ISIN | INE226H01026 |
Sadbhav Engineering IPO comprises a total issue size of 29,00,000 shares. The net offer to the public is 28,00,000 shares, after excluding 1,00,000 shares under a preferential allotment. Of the Net offer 14,00,000 (50.00%) are allocated to QIB, 4,20,000 (15.00%) allocated to NII 9,80,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 14,00,000 | 50.00% | 48.28% |
| NII (HNI) Shares Offered | 4,20,000 | 15.00% | 14.48% |
| Retail Shares Offered | 9,80,000 | 35.00% | 33.79% |
| Preferential Reservations | |||
| Employee Shares Offered | 1,00,000 | 3.45% | |
| Total Shares Offered | 29,00,000 | 100.00% | 100.00% |
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹2 Lakhs | Yes |
| Employee + RII/NII | Up to ₹2Lakhs (EMP) + RII 'OR' NII limits | Yes (EMP/RII) |
Incorporated in 1988, Sadbhav Engineering Ltd. is engaged in the business of construction of roads/highways. Our main focus areas are:
For the six months ended on Sep 30, 2006, the company derives 72.35% of revenues from roads & highways, 25.50% from Irrigation, and 2.15% from Mining Operations.
As of Nov 1, 2005, it has an order book of 132973.14 lakhs.
| Period Ended | 30 Sep 2005 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|---|
| Assets | 229.85 | 213.38 | 191.70 | 190.34 |
| Total Income | 123.82 | 207.28 | 247.31 | 214.56 |
| Profit After Tax | 5.70 | 7.39 | 5.05 | 4.27 |
| EBITDA | 15.96 | 27.25 | 27.71 | 30.93 |
| NET Worth | 65.89 | 60.30 | 41.42 | 36.51 |
| Reserves and Surplus | 58.04 | 52.35 | 40.42 | 35.51 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in Mumbai Nasik Expressway Limited | 35.00 |
| 2 | Margin Money for Purchase of Capital Equipment | 4.00 |
| 3 | Margin Money for working capital requirement | 16.46 |
| 4 | Issue related Expenses | 4.17 |
| Total | 59.63 |
| KPI | Mar 31, 2005 |
|---|---|
| RoNW | 12.24% |
| Price to Book Value | 2.45 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 9.24 | 10.45 |
| P/E (x) | 20.03 | 17.7 |
| Promoter Holding | 74.29% | 54.53% |
| Market Cap | ₹201.65 Cr. |
The Sadbhav Engineering IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 30.83 | 29,00,000 | 8,94,05,713 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees to Book Running Lead Managers | 0.59 |
| 2 | Fees to Registrar to the Issue | 0.15 |
| 3 | Fees to Legal Advisors to the Issue | 0.03 |
| 4 | Fees to Auditors | 0.09 |
| 5 | Underwriting Commission and Selling Commission | 1.33 |
| 6 | Printing & Stationery | 1.00 |
| 7 | Advertising Expenses | 0.70 |
| 8 | Other Expenses (incl. Filing Fees, Listing Fees, Depository Charges, etc.) | 0.18 |
| 9 | Contingencies | 0.10 |
| Total | 4.17 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹185.00 | ₹185.00 |
| Open | ₹235.00 | ₹220.00 |
| Low | ₹200.00 | ₹202.00 |
| High | ₹338.00 | ₹338.40 |
| Last Trade | ₹320.50 | ₹320.65 |
Sadbhav Engineering IPO is a main-board IPO of 29,00,000 equity shares of the face value of ₹10 aggregating up to ₹54 Crores. The issue is priced at ₹185 per share. The minimum order quantity is .
The IPO opens on Fri, Feb 3, 2006, and closes on Wed, Feb 8, 2006.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Sadbhav Engineering IPO using UPI as a payment gateway. Zerodha customers can apply in Sadbhav Engineering IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sadbhav Engineering IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sadbhav Engineering IPO opens on Fri, Feb 3, 2006 and closes on Wed, Feb 8, 2006.
Sadbhav Engineering IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Sadbhav Engineering IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Sadbhav Engineering IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Sadbhav Engineering IPO allotment status.
The Sadbhav Engineering IPO listing date is on Wed, Mar 1, 2006.
