Udayshivakumar Infra IPO: GMP, Price, Dates & size

0
1274
Rate this post

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 
ITCONS E-Solutions IPO: GMP, Price, Dates & size

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 
Udayshivakumar Infra

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: 

  1. Funding incremental working capital requirements of our Company; 
  1. 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
Websitehttp://www.uskinfra.com/

Udayshivakumar Infra IPO Registrar

MAS Services Limited

Phone: (011) 2610 4142
Email: info@masserv.com
Websitehttp://www.masserv.com

Udayshivakumar Infra IPO Lead Manager(s)

  1. Saffron Capital Advisors Private Limited (Past IPO Performance)

LEAVE A REPLY

Please enter your comment!
Please enter your name here