Shantidoot Infra Services IPO will open for subscription from 06 September 2022. the company aims for an issue size of ₹4.02 Cr through this fixed price issue IPO.
Shantidoot Infra Services Limited
The company is incorporated in 2019, it 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.
The company also carry out projects of re-designing, re-modeling, and renovating institutions as per the need of the clients. It categorizes the projects mainly into the government sector and the Private sector. The company secures 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).
Major Competitive Strengths
- Well Experienced Management team.
- Direct Relationship with Suppliers.
- Quality Assurance and Standards.
- Established relationship with Subcontractors.
- Skilled manpower.
Objects of the Issue
- Working Capital Requirements.
- General Corporate Purposes.
Basic details about the company
| Full name | Shantidoot Infra Services Limited |
| Sector | REALTY |
| Industry | Construction-Real Estate |
| Company Website | www.shantidootinfra.com |
Dates to remember
| IPO Opening date | 06 September 2022 |
| IPO Closing | 09 September 2022 |
| Basis of Allotment | 14 September 2022 |
| Initiation Refunds | 15 September 2022 |
| Credit to Demat Account | 16 September 2022 |
| Listing Date | 19 September 2022 |
Shantidoot Infra IPO Details
| Subscription Dates | 6 – 9 September 2022 |
| Issue Type | Fixed price issue |
| Price Band | INR 81 per share |
| Fresh issue | 2,48,000 shares (INR 2.01 crore) |
| Offer For Sale | 2,48,000 shares (INR 2.01 crore) |
| Total IPO size | 4,96,000 shares (INR 4.02 crore) |
| Minimum bid (lot size) | 1,600 share |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Shantidoot Infra Services IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹129,600 |
| Retail (Max) | 1 | 1600 | ₹129,600 |
Shantidoot Infra Financial Performance
| FY 2020 | FY 2021 | FY 2022 | |
| Revenue | 219.33 | 415.81 | 762.13 |
| Expenses | 215.48 | 404.23 | 570.66 |
| Net income | 2.81 | 8.53 | 140.39 |
Shantidoot Infra Valuations & Margin s
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 0.18 | 0.55 | 9.06 |
| PE ratio | – | – | 8.94 |
| RONW (%) | 35.97 | 52.22 | 89.57 |
| NAV | – | – | 313.47 |
| Debt/Equity ratio | 2.55 | 5.25 | 0.42 |
| ROCE (%) | 0.14 | 0.13 | 0.93 |
Company Promoters
- Mr. Avijeet Kumar
Shantidoot Infra Services IPO Promoter Holding
| Pre Issue Share Holding | 99.60% |
| Post Issue Share Holding | 72.07% |
Lead Manager(s)
- Gretex Corporate Services Pvt Ltd
Shantidoot Infra Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor,
Pinnacle Business Park,
Mahakali Caves Road,
Andheri (East), Mumbai – 400 093
Phone: +91 22 6263 8200
E-mail: ipo@bigshareonline.com
Website: www.bigshareonline.com
Shantidoot Infra IPO Contact Details
SHANTIDOOT INFRA SERVICES LIMITED
House No. 221,
2nd floor, Patliputra Colony,
Patna- 800013,
Bihar, India
Phone: 0612-2271960
E-mail: info@shantidootinfra.com
Website: www.shantidootinfra.com
Shantidoot Infra IPO Allotment Status
Shantidoot Infra IPO allotment will be available on Bigshare Services’ website.
Click on this link to get allotment status.
Final thoughts
Shantidoot Infra Services IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
