Udayshivakumar Infra Limited is engaged in the business of the construction of roads.
Udayshivakumar Infra is an ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 company. They construct roads including 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, etc.
The company primarily operates 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), and many more.
As of August 31, 2022, the Company had executed over 30 various projects in and around the State of Karnataka along with the erstwhile partnership firm, M/s. Udayshivakumar. The entity is working on twenty-five ongoing projects.
As on August 31, 2022, the company has twenty seven (27) engineers, twenty two (22) skilled and ninety nine (99) on-site workers such as drivers, JCB operators, helpers etc for executing various projects.
To gear up its operations and scale larger, the company is also looking to undertake projects in the joint venture with other infrastructure companies in industry.
Udayshivakumar Infra IPO – Details
| IPO Opening Date | 20 March 2023 |
| IPO Closing Date | 23 March 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 1,88,57,143 Shares Worth ₹66 Crore Fresh Issue: 1,88,57,143 Shares Worth ₹66 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹33 – ₹35 |
| Market Lot | 428 Shares |
| Min Order | 428 Shares (1 Lot) |
| Listing At | BSE, NSE |
| Register | MAS Services Limited |
| QIB Shares Offered | 10% |
| NII (HNI) Shares Offered | 30% |
| Retail Shares Offered | 60% |
Udayshivakumar Infra IPO – Date Schedule
| IPO Open Date | 20 March 2023 |
| IPO Close Date | 23 March 2023 |
| Basis of Allotment Date | 28 March 2023 |
| Initiation of Refunds | 29 March 2023 |
| Credit of Shares to Demat Account | 31 March 2023 |
| IPO Listing Date | 03 April 2023 |
Udayshivakumar Infra IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 428 | 14,980 |
| Retail (Max) | 13 | 5564 | 1,94,740 |
| S-HNI (Min) | 14 | 5992 | 2,09,720 |
| B-HNI (Min) | 67 | 28,676 | 10,03,660 |
Competitive Strengths
- Focused on Roads, Flyovers and Bridge construction.
- Strong Order Book of Roads, Flyovers and Bridge construction projects from various government agencies, local bodies and private developers.
- Strong execution capabilities with industry experience.
- Experienced management team.
Company Promoters
- Udayshivakumar
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 194.40 | 180.21 | 10.48 |
| 31 March 2021 | 211.10 | 197.53 | 9.31 |
| 31 March 2022 | 186.38 | 170.37 | 12.14 |
| 30 September 2022 | 107.14 | 93.92 | 10.01 |
Object Of The Issue
- Funding incremental working capital requirements of the Company.
- General corporate purposes.
Udayshivakumar Infra IPO Peer Comparison
| S. No. | Face Value | Company Name | PE |
| 1 | 2 | KNR Constructions Limited | 19.11 |
| 2 | 2 | PNC Infratech Limited | 14.59 |
| 3 | 10 | HG Infra Engineering Limited | 11.23 |
| 4 | 10 | IRB Infrastructure | 32.19 |
Udayshivakumar Infra IPO Strengths
- Company Focused on Roads, Flyovers and Bridge construction.
- Company has Strong Order Book of roads, bridges, flyovers and irrigation projects from state government.
- Strong execution capabilities with industry experience.
Udayshivakumar Infra IPO Risks
- Their main source of income is civil construction, and if they are unable to secure new business or have their current contracts terminated, it will have a materially negative impact on their financial situation.
- They often receive infrastructure contracts upon meeting predetermined pre-qualification requirements and after an open bidding process.
- Their order book might not accurately predict their future performance, and their actual revenue might be far lower than the projections made in their order book, which could have a negative impact on their operations, financial situation, results, and prospects.
- They only have a small number of customers, which accounts for a substantial amount of their revenue. Their business & results of operations may suffer if they lose any important clientele.
Udayshivakumar Infra IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 65.93% |
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)
| 1. Saffron Capital Advisors Private Limited |
Udayshivakumar Infra IPO FAQs
| What is Udayshivakumar Infra IPO? Udayshivakumar Infra IPO is a main-board IPO. The issue is priced at ₹33 to ₹35 per equity share. The IPO is to be listed on BSE & NSE. |
| When Udayshivakumar Infra IPO will open? The IPO is to open on 20 March 2023 for QIB, NII, and Retail Investors. |
| What is Udayshivakumar Infra IPO Investors Portion? The investors’ portion for QIB – 10%, NII – 30%, and Retail – 60%. |
| How to Apply the Udayshivakumar Infra IPO? You can apply Udayshivakumar Infra IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Udayshivakumar Infra IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Udayshivakumar Infra”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Udayshivakumar Infra IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Udayshivakumar Infra”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Udayshivakumar Infra IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Udayshivakumar Infra”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Udayshivakumar Infra IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Udayshivakumar Infra”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Udayshivakumar Infra IPO Size? Udayshivakumar Infra IPO size is ₹66 Cr. |
| What is Udayshivakumar Infra IPO Price Band? Udayshivakumar Infra IPO Price Band is ₹33 to ₹35. |
| What is Udayshivakumar Infra IPO Minimum and Maximum Lot Size? The minimum bid is 428 Shares with ₹14,980 amount while the maximum bid is 5564 shares with ₹1,94,740. |
| What is the Udayshivakumar Infra IPO Allotment Date? Udayshivakumar Infra IPO allotment date is 28 March 2023. |
| What is the Udayshivakumar Infra IPO Listing Date? Udayshivakumar Infra IPO listing date is 03 April 2023. The IPO is to list on BSE and NSE. |
