Udayshivakumar Infra IPO
Udayshivakumar Infra IPO Details
- Open Date 20-Mar-23
- Close Date 23-Mar-23
- Lot Size 428
- IPO Size ₹ 66.00 Cr
- IPO Price Range ₹ 33 to ₹ 35
- Min Investment ₹ 14124
- Listing Exchange BSE, NSE
- Basis of Allotment 28-Mar-23
- Refunds 29-Mar-23
- Credit to Demat Account 31-Mar-23
- Listing Date 03-Apr-23
Udayshivakumar Infra IPO Subscription Status
Date | QIB | NII | Retail | TOTAL |
---|---|---|---|---|
20-Mar-23 | 1.03x | 0.78x | 0.48x | 0.62x |
21-Mar-23 | 1.10x | 3.71x | 1.91x | 2.37x |
22-Mar-23 | 1.28x | 8.98x | 4.40x | 5.47x |
23-Mar-23 | 42.92x | 64.08x | 14.95x | 32.49x |
Udayshivakumar Infra IPO Synopsis
Road construction company Udayshivakumar Infra IPO opens on 20th March and closes on 23rd March. The issue entails a fresh issue of ___ equity shares which aggregates the issue size to Rs. 66cr. The company has fixed the lot size to 428 shares and a price band is set at Rs. 33 – 35 per share. The issue will list on BSE and NSE on 3rd April and shares will be allotted on 28th March. Saffron Capital Advisors Pvt. Ltd. will be the lead manager to the issue.
Objective of the Udayshivakumar Infra IPO:
The net proceeds from the issue will be used for:
• Funding incremental working capital requirements of our Company
• General corporate purposes
Udayshivakumar Infra IPO Video
About Udayshivakumar Infra
Udayshivakumar Infra is primarily 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.
They bid for Roads, Bridges, Irrigation & Canals Industrial Area construction in Karnataka, this includes National Highways (MORTH)
• State Highway Development Corporations Ltd., (SHDP),
• Government Departments such as Karnataka Public Works Ports & Inland Water Transport Department (KPWP & IWTD),
• Davanagere Harihara Urban Development Authority (DHUDA),
• Others
It has completed 30 projects having an aggregate contract value of ₹68,468 lakhs, which includes sixteen roads, five bridges, six irrigation and three civil construction works. As on December 31, 2022, our 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.
It has new new work orders allotted (but work not yet started) comprising of fourteen 14 roads, one 1 toll plaza and 1 irrigation works.
The company requires ready mix concrete, jelly, M-sand, etc., for executing the civil work awarded thus to execute the work on time and to reduce the cost of procurement for the items required for completion of a civil projects, the company has set-up RMC plants at different locations as backward integration and also stock other construction materials like M-sand, jelly, iron and steel, cement, etc., required in construction of project.
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Udayshivakumar Infra Financial Status
Profit and Loss
Balance Sheet
Particulars (in Rs. Crores) | FY22 | FY21 | FY20 |
---|---|---|---|
Revenue | 185.6 | 210.4 | 193.6 |
EBITDA | 24.9 | 23.6 | 25.1 |
PAT | 12.1 | 9.3 | 10.5 |
Particulars (in Rs. Crores) | FY22 | FY21 | FY20 |
---|---|---|---|
Total Assets | 162.6 | 146.8 | 158.3 |
Share Capital | 36.5 | 36.5 | 36.5 |
Total Borrowings | 26.5 | 30.6 | 34.0 |
Particulars (in Rs. Crores) | FY22 | FY21 | FY20 |
---|---|---|---|
Net cash generated from / (used in) operating activities | 32.0 | 17.2 | 21.4 |
Net cash from / (used in) investing activities | -16.7 | 1.5 | -6.8 |
Net cash flow from / (used in) financing activities | -5.3 | -13.7 | -14.9 |
Net increase (decrease) in cash and cash equivalents | 10.0 | 5.0 | -0.3 |
Peer Comparison
Name of the Company |
Revenue from operations (in Rs. crores) |
Basic EPS | PAT Margin | NAV | ROCE (%) |
---|---|---|---|---|---|
Udayshivakumar Infra Limited | 185.63 | 3.33 | 6.54% | 18.72 | 20.71% |
KNR Constructions Limited | 3,605.82 | 13.58 | 10.16% | 91.00 | 19.37% |
PNC Infratech Limited | 7,208.04 | 22.63 | 8.05% | 141.42 | 16.42% |
HG Infra Engineering Limited | 3,751.43 | 58.31 | 10.13% | 220.34 | 26.26% |
IRB Infrastructure Developers Limited | 5,803.70 | 8.69 | 6.23% | 208.07 | 88.00% |
Udayshivakumar Infra IPO Key Points
-
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
-
Risks
• Primarily dependent on the projects undertaken or awarded in the state of Karnataka, by the Karnataka State Government
• Company has been subjected to search and seizure in the past by the Income Tax authorities
• Loss of significant customers as it derives significant portion of revenue from them
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
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Udayshivakumar Infra IPO FAQs
What is the price band of the Udayshivakumar Infra IPO ?
The price for the Udayshivakumar Infra IPO is set at Rs. 33 - 35 per share.
When does the Udayshivakumar Infra IPO issue open and close?
The Udayshivakumar Infra IPO opens on 20th March and closes on 23rd March.
What is the size of Udayshivakumar Infra IPO issue?
The IPO comprises of fresh issue of ______ equity shares and an offer for sale of ___ equity shares which aggregates the issue size to Rs. 66 cr.
What is the allotment date of Udayshivakumar Infra IPO?
The allotment date of Udayshivakumar Infra IPO is set for 28th March.
What is the Udayshivakumar Infra IPO’s listing date?
The Udayshivakumar Infra IPO will be listed on 3rd April.
What is the lot size and investment required for the Udayshivakumar Infra IPO?
The Udayshivakumar Infra IPO lot size is 428 shares. A retail-individual investor can apply for up to 13 lots (5564 shares or ₹194,740)
What is the objective of the issue?
. The net proceeds from the issue will be used for:
• Funding incremental working capital requirements of our Company
• General corporate purposes
How to apply for the Udayshivakumar Infra IPO?
• Login to your 5paisa account and select the issue in the current IPO section
• Enter the number of lots and price at which you wish to apply for
• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
• You will receive a mandate notification to block funds in your UPI app
Who are the promoters/key personnels of Udayshivakumar Infra IPO?
Udayshivakumar Infra IPO is promoted by Mr. Udayshivakumar.
Who are the book runners for Udayshivakumar Infra IPO?
Saffron Capital Private Limited is the book running lead managers to the issue.
Contact Details of Udayshivakumar Infra IPO
Contact Information
Udayshivakumar Infra Limited
1924A/196, Banashankari Badavane,
Near NH-4 Bypass,
Davangere – 577 005
Phone: +91 819 229 7009
Email: cs@uskinfra.com
Website: http://www.uskinfra.com/
Udayshivakumar Infra IPO Register
MAS Services Limited
Phone: (011) 2610 4142
Email: info@masserv.com
Website: http://www.masserv.com
Udayshivakumar Infra IPO Lead Manager
Saffron Capital Advisors Private Limited