Bookbuilding IPO | ₹24 Cr | Listed at BSE SME | Mon, Sep 9, 2024 - Wed, Sep 11, 2024
Share Samadhan IPO is a book build issue of ₹24.06 crores. The issue is entirely a fresh issue of 0.33 crore shares of ₹24.06 crore.
Share Samadhan IPO bidding started from Sep 9, 2024 and ended on Sep 11, 2024. The allotment for Share Samadhan IPO was finalized on Sep 12, 2024. The shares got listed on BSE SME on Sep 16, 2024.
Share Samadhan IPO price band is set at ₹74 per share. The lot size for an application is 1,600. The minimum amount of investment required by an retail is ₹1,18,400 (1600 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (3,200 shares), amounting to ₹2,36,800.
Narnolia Financial Services Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Nikunj Stock Brokers Ltd..
Refer to Share Samadhan IPO RHP for detailed Information.
IPO Open
Mon, Sep 9, 2024
IPO Close
Wed, Sep 11, 2024
Issue Price
₹74 per share
Market Cap (Pre-IPO)
₹90.80 Cr
| IPO Date | 9 to 11 Sep, 2024 |
| Listed on | Mon, Sep 16, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹70 to ₹74 |
| Issue Price | ₹74 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 32,51,200 shares (agg. up to ₹24 Cr) |
| Reserved for Market Maker | 1,63,200 shares Nikunj Stock Brokers Ltd. (agg. up to ₹1 Cr) |
| Fresh Issue (Ex Market Maker) | 30,88,000 shares (agg. up to ₹23 Cr) |
| Net Offered to Public | 30,88,000 shares (agg. up to ₹23 Cr) |
| Share Holding Pre Issue | 90,18,903 shares |
| Share Holding Post Issue | 1,22,70,103 shares |
| BSE Script Code | 544251 |
| ISIN | INE0LY301010 |
Share Samadhan IPO comprises a total issue size of 32,51,200 shares. The net offer to the public is 30,88,000 shares, after excluding 1,63,200 shares allotted on a firm basis. Of the Net offer 15,42,400 (49.95%) are allocated to QIB, 4,64,000 (15.03%) allocated to NII 10,81,600 (35.03%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 15,42,400 | 49.95% | 47.44% |
| − Anchor Investor Shares Offered | 9,23,200 | 28.40% | |
| − QIB (Ex. Anchor) Shares Offered | 6,19,200 | 19.05% | |
| NII (HNI) Shares Offered | 4,64,000 | 15.03% | 14.27% |
| Retail Shares Offered | 10,81,600 | 35.03% | 33.27% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,63,200 | 5.02% | |
| Total Shares Offered | 32,51,200 | 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 | ₹1,18,400 |
| Retail (Max) | 1 | 1,600 | ₹1,18,400 |
| HNI (Min) | 2 | 3,200 | ₹2,36,800 |
Share Samadhan IPO raises ₹6.83 crore from anchor investors. Share Samadhan IPO Anchor bid date is September 6, 2024.
📝 Anchor Investors Letter (PDF)
| Bid Date | Fri, Sep 6, 2024 |
| Shares Offered | 9,23,200 |
| Anchor Portion (₹ Cr.) | 6.83 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Oct 12, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Dec 11, 2024 |
Share Samadhan Limited, previously known as Tiger Island Hospitality Private Limited, was incorporated in 2011 and offers a wide range of services aimed at helping clients protect and recover their investments/money efficiently.
The company has three main business lines:
As of August 28, 2024, the company had 48 employees.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 14.22 | 4.79 | 4.26 |
| Total Income | 9.96 | 2.76 | 2.42 |
| Profit After Tax | 3.91 | 0.48 | 0.61 |
| NET Worth | 11.29 | 3.59 | 3.14 |
| Reserves and Surplus | 2.27 | 2.48 | 2.03 |
| Total Borrowing | 0.87 | 0.62 | 0.60 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet out the expenses for Investment in Technology | 4.10 |
| 2 | To meet out the expenses for Unidentified Acquisition for Company (In India or Abroad) | 3.56 |
| 3 | To meet out the Working Capital requirements of the Company | 7.90 |
| 4 | To meet out the General Corporate Purposes; and | 4.80 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 34.64% |
| ROCE | 47.99% |
| RoNW | 34.64% |
| PAT Margin | 39.77% |
| Price to Book Value | 5.91 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.34 | 3.19 |
| P/E (x) | 17.07 | 23.22 |
| Promoter Holding | 85.06% | 62.52% |
| Market Cap | ₹90.80 Cr. |
The Share Samadhan IPO is subscribed 14.59 times on September 11, 2024 6:19:11 PM (Day 3). The public issue subscribed 18.04 times in the retail category, 2.66 times in the QIB category, and 22.44 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 2.66 | 6,19,200 | 16,46,400 |
| NII* | 22.44 | 4,64,000 | 1,04,14,400 |
| Retail | 18.04 | 10,81,600 | 1,95,13,600 |
| Total | 14.59 | 21,64,800 | 3,15,74,400 |
Total Application : 19,197
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manger Fees | 0.50 |
| 2 | Fees Payable to Registrar to the Offer | 0.03 |
| 3 | Fees Payable to Legal Advisors | 0.04 |
| 4 | Fees Payable Advertising and Printing Expenses | 0.07 |
| 5 | Fees Payable to Regulators including Stock Exchanges and other Intermediaries | 0.05 |
| 6 | Fees payable to Peer Review Auditor | 0.03 |
| 7 | Fees Payable to Market Maker (for Three Years) | 0.06 |
| 8 | Others (Fees payable for marketing & distributing expenses, selling commission, brokerage, processing fees, underwriting fees and miscellaneous expenses.) | 2.91 |
| 9 | Escrow Bank Fees | 0.01 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹74.00 |
| Open | ₹73.05 |
| Low | ₹69.40 |
| High | ₹76.00 |
| Last Trade | ₹74.87 |
Lead Manager Reports
Share Samadhan IPO is a SME IPO of 32,51,200 equity shares of the face value of ₹10 aggregating up to ₹24 Crores. The issue is priced at ₹74 per share. The minimum order quantity is 1600.
The IPO opens on Mon, Sep 9, 2024, and closes on Wed, Sep 11, 2024.
Skyline Financial 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 Share Samadhan IPO using UPI as a payment gateway. Zerodha customers can apply in Share Samadhan IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Share Samadhan IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Share Samadhan IPO opens on Mon, Sep 9, 2024 and closes on Wed, Sep 11, 2024.
Share Samadhan IPO lot size is 1600, and the minimum amount required for application is ₹1,18,400.
You can apply in Share Samadhan 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 Share Samadhan IPO will be done on Thursday, September 12, 2024, and the allotted shares will be credited to your demat account by Fri, Sep 13, 2024. Check the Share Samadhan IPO allotment status.
The Share Samadhan IPO listing date is on Mon, Sep 16, 2024.
