Fixed Price IPO | ₹4 Cr | Listed at BSE SME | Tue, Sep 6, 2022 - Fri, Sep 9, 2022
Shantidoot Infra IPO is a fixed price issue of ₹4.02 crores. The issue is a combination of fresh issue of 0.02 crore shares aggregating to ₹2.01 crores and offer for sale of 0.02 crore shares aggregating to ₹2.01 crores.
Shantidoot Infra IPO bidding started from Sep 6, 2022 and ended on Sep 9, 2022. The allotment for Shantidoot Infra IPO was finalized on Sep 14, 2022. The shares got listed on BSE SME on Sep 19, 2022.
Shantidoot Infra IPO price is ₹81 per share. The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹1,29,600 (1600 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (3,200 shares), amounting to ₹2,59,200.
Gretex Corporate Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Gretex Share Broking Pvt.Ltd..
Refer to Shantidoot Infra IPO RHP for detailed Information.
IPO Open
Tue, Sep 6, 2022
IPO Close
Fri, Sep 9, 2022
Issue Price
₹81 per share
Market Cap (Pre-IPO)
₹14.56 Cr
| IPO Date | 6 to 9 Sep, 2022 |
| Listed on | Mon, Sep 19, 2022 |
| Face Value | ₹10 per share |
| Issue Price | ₹81 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 4,96,000 shares (agg. up to ₹4 Cr) |
| Reserved for Market Maker | 25,600 shares Gretex Share Broking Pvt.Ltd. (agg. up to ₹0.2074 Cr) |
| Fresh Issue (Ex Market Maker) | 2,22,400 shares (agg. up to ₹2 Cr) |
| Offer for Sale | 2,48,000 shares of ₹10 (agg. up to ₹2 Cr) |
| Net Offered to Public | 4,70,400 shares (agg. up to ₹4 Cr) |
| Share Holding Pre Issue | 15,50,000 shares |
| Share Holding Post Issue | 17,98,000 shares |
| BSE Script Code | 543598 |
| ISIN | INE0LU301014 |
Shantidoot Infra IPO comprises a total issue size of 4,96,000 shares. The net offer to the public is 4,70,400 shares, after excluding 25,600 shares allotted on a firm basis. Of the Net offer 2,35,200 (50.00%) allocated to NII 2,35,200 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 2,35,200 | 50.00% | 47.42% |
| Retail Shares Offered | 2,35,200 | 50.00% | 47.42% |
| Firm Reservations | |||
| Market Maker Shares Offered | 25,600 | 5.16% | |
| Total Shares Offered | 4,96,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,29,600 |
| Retail (Max) | 1 | 1,600 | ₹1,29,600 |
| HNI (Min) | 2 | 3,200 | ₹2,59,200 |
Incorporated in 2019, Shantidoot Infra Services Limited is a specialized provider of construction services to the education, healthcare and hospitality sectors. The company is headquartered in Patna and currently operating a business in the Indian states of Bihar and Jharkhand.
Shantidoot Infra Services Limited also carry out projects of re-designing, re-modelling and renovating institutions as per the need of the clients. The company categorises the projects mainly into the government sector and the Private sector. The company secure private sector contracts, in general, through one-to-one negotiation and Government contracts through bids as per the public notice issued by government departments.
The projects undertaken by the company are the Renovation of the Kerua Pond scheme Under M.I. Division Nalanda on Block-Giriyak, Sarmera and Silao (Government projects) and Gautam Institute of Nursing, Gautam Institute of Pharmacy, Mata Sushila Institute of Education, Shantidoot Hospital, among other (Private projects).
Competitive Strengths :
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|
| Assets | 3.53 | 1.86 | 0.66 |
| Total Income | 7.62 | 4.16 | 2.19 |
| Profit After Tax | 1.40 | 0.09 | 0.03 |
| NET Worth | 1.57 | 0.16 | 0.08 |
| Reserves and Surplus | 1.52 | 0.11 | 0.03 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 1.32 |
| 2 | General Corporate Purposes | 0.42 |
| KPI | |
|---|---|
| ROE | 162 |
| ROCE | 93 |
| Debt/Equity | 0.42 |
| RoNW | 89.57 |
| PAT Margin | 18.00% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 9.06 | |
| P/E (x) | 10.37 | |
| Promoter Holding | 99.60% | 72.07% |
| Market Cap | ₹14.56 Cr. |
The Shantidoot Infra Services IPO is subscribed 2.85 times on September 9, 2022 7:53:00 PM (Day 4). The public issue subscribed 3.33 times in the retail category, [.] times in the QIB category, and 2.36 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 2.36 | 2,35,200 | 5,55,200 |
| Retail | 3.33 | 2,35,200 | 7,84,000 |
| Total | 2.85 | 4,70,400 | 13,39,200 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to the Lead Manager | 0.28 |
| 2 | Market Making Fees | 0.08 |
| 3 | Fees payable to Registrar to Issue | 0.01 |
| 4 | Fees to Legal Advisor | 0.01 |
| 5 | Advertisement Expenses | 0.01 |
| 6 | Fees payable to Regulators including Stock Exchange | 0.02 |
| 7 | Printing & Distribution Expenses | 0.01 |
| 8 | Marketing & Selling Expenses | 0.01 |
| 9 | Payment to Sponsor Bank | 0.01 |
| 10 | Statutory & Other Reports | 0.01 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹81.00 |
| Open | ₹105.00 |
| Low | ₹105.00 |
| High | ₹110.25 |
| Last Trade | ₹110.25 |
Lead Manager Reports
Shantidoot Infra IPO is a SME IPO of 4,96,000 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹81 per share. The minimum order quantity is 1600.
The IPO opens on Tue, Sep 6, 2022, and closes on Fri, Sep 9, 2022.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Shantidoot Infra IPO using UPI as a payment gateway. Zerodha customers can apply in Shantidoot Infra IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shantidoot Infra IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shantidoot Infra IPO opens on Tue, Sep 6, 2022 and closes on Fri, Sep 9, 2022.
Shantidoot Infra IPO lot size is 1600, and the minimum amount required for application is ₹1,29,600.
You can apply in Shantidoot Infra 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 Shantidoot Infra IPO will be done on Wednesday, September 14, 2022, and the allotted shares will be credited to your demat account by Fri, Sep 16, 2022. Check the Shantidoot Infra IPO allotment status.
The Shantidoot Infra IPO listing date is on Mon, Sep 19, 2022.
