Shantidoot Infra Services IPO

Shantidoot Infra Services IPO-Details

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 nameShantidoot Infra Services Limited
IndustryConstruction-Real Estate

Dates to remember

IPO Opening date06 September 2022
IPO Closing09 September 2022
Basis of Allotment14 September 2022
Initiation Refunds15 September 2022
Credit to Demat Account16 September 2022
Listing Date19 September 2022

Shantidoot Infra IPO Details

Subscription Dates6 – 9 September 2022
Issue TypeFixed price issue
Price BandINR 81 per share
Fresh issue2,48,000 shares (INR 2.01 crore)
Offer For Sale2,48,000 shares (INR 2.01 crore)
Total IPO size4,96,000 shares (INR 4.02 crore)
Minimum bid (lot size)1,600 share
Face Value INR 10 per share
Retail Allocation50%
Listing OnBSE SME

Shantidoot Infra Services IPO Lot Size

Retail (Min)11600₹129,600
Retail (Max)11600₹129,600

Shantidoot Infra Financial Performance

 FY 2020FY 2021FY 2022
Net income2.818.53140.39
(Figures are in ₹ Lakhs)

Shantidoot Infra Valuations & Margin s

FY 2020FY 2021FY 2022
PE ratio8.94
RONW (%)35.9752.2289.57
Debt/Equity ratio2.555.250.42
ROCE (%)

Company Promoters

  • Mr. Avijeet Kumar

Shantidoot Infra Services IPO Promoter Holding

Pre Issue Share Holding99.60%
Post Issue Share Holding72.07%

Lead Manager(s)

  • Gretex Corporate Services Pvt Ltd

Shantidoot Infra Offer Registrar

Office No. S6-2, 6th Floor,
Pinnacle Business Park,
Mahakali Caves Road,
Andheri (East), Mumbai – 400 093
Phone: +91 22 6263 8200

Shantidoot Infra IPO Contact Details

House No. 221,
2nd floor, Patliputra Colony,
Patna- 800013,
Bihar, India
Phone: 0612-2271960

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

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