Udayshivakumar Infra Limited is a construction company that specializes in building roads, such as State Highways, District Roads, Smart Roads under Municipal Corporations, Smart Roads under PM’s Smart City Mission projects, National Highways, Bruhat Bengaluru Mahanagara Palike (BBMP), and Local Area Roads in various Taluka Places. Established in 2019, the company holds certifications for ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, demonstrating their commitment to quality management, environmental responsibility, and occupational health and safety.
Udayshivakumar Infra Limited mainly operates within the state of Karnataka, where they participate in bidding for various construction projects such as Roads, Bridges, Irrigation & Canals Industrial Area. This includes National Highways under the Ministry of Road Transport and Highways (MORTH), State Highway Development Corporations Ltd. (SHDP), as well as government departments like the Karnataka Public Works Ports & Inland Water Transport Department (KPWP & IWTD), Davanagere Harihara Urban Development Authority (DHUDA), and other similar entities.
Udayshivakumar Infra IPO Details
| IPO Date | Mar 20, 2023 to Mar 23, 2023 |
| Listing Date | Apr 03 2023 |
| Face Value | ₹10 per share |
| Price | ₹33 to ₹35 per share |
| Lot Size | 428 Shares |
| Total Issue Size | [.] shares (aggregating up to ₹66.00 Cr) |
| Fresh Issue | [.] shares (aggregating up to ₹66.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Udayshivakumar Infra IPO Tentative Dates
| Event | Tentative Date |
| Opening Date | Mar 20, 2023 |
| Closing Date | Mar 23, 2023 |
| Basis of Allotment | Mar 28, 2023 |
| Initiation of Refunds | Mar 29, 2023 |
| Credit of Shares to Demat | Mar 31, 2023 |
| Listing Date | Apr 3, 2023 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
Industry Overview
The road construction sector is an essential part of the construction industry as it is responsible for building and maintaining road infrastructure. This sector plays a vital role in enhancing connectivity, improving transportation, and promoting economic growth. With the increasing focus on infrastructure development in India, the road construction sector has tremendous potential for growth.
The compound annual growth rate (CAGR) of the Indian construction industry, including the road construction sector, has been projected to be around 15-20% for the next five years. This growth is driven by the government’s infrastructure development initiatives, such as the Bharatmala Pariyojana, which is a road and highways project aimed at improving connectivity and boosting economic growth.
Company Overview
Udayshivakumar Infra Limited is an Indian infrastructure company that specializes in construction and development projects. Founded in 2008, the company has established a strong reputation in the industry for its commitment to quality and timely completion of projects. They have a diverse portfolio of projects that includes highways, bridges, water supply systems, and more.
The company has a dedicated team of professionals who are experienced in all aspects of project management, from planning to execution. They use state-of-the-art technology and equipment to ensure that their projects are completed efficiently and to the highest standards. With a strong focus on sustainability and environmental responsibility, Udayshivakumar Infra Limited is a trusted partner for clients who require innovative solutions for their infrastructure needs.
Company Financials
Udayshivakumar Infra Limited Financial Information (Restated)
| 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:
- Funding incremental working capital requirements of our Company;
- General corporate purposes.
Strengths
- Experience and Expertise
- Strong Reputation
- Focus on Sustainability
Weaknesses
- Limited Geographic Presence
- Dependence on Government Contracts
- Capital Intensive Business
Udayshivakumar Infra IPO Prospectus
Company 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 Registrar
MAS Services Limited
Phone: (011) 2610 4142
Email: info@masserv.com
Website: http://www.masserv.com
Udayshivakumar Infra IPO Lead Manager(s)
- Saffron Capital Advisors Private Limited (Past IPO Performance)
