Udayshivakumar Infra Limited

Udayshivakumar Infra Limited

  • IPO Date20 Mar, 2023 to 23 Mar, 2023
  • Listing Date03 Apr, 2023
  • Face Value₹10 per share
  • Issue Price33 to ₹35 per share
  • Lot Size428 Shares
  • Minimum Investment₹14,980
  • Listing AtBSE, NSE
  • Total Issue Size2,00,00,000 Shares
    (aggregating up to ₹70.00 Cr)
  • Fresh Issue2,00,00,000 Shares
    (aggregating up to ₹70.00 Cr)
  • Offer for Sale-
  • Issue TypeBook Built Issue IPO
  • Share holding pre issue-
  • Shareholding post issue-
IPO Dates

Closing Date

23 Mar, 2023

Initiation of Refunds

31 Mar, 2023

Listing Date

03 Apr, 2023

20 Mar, 2023

Opening Date

28 Mar, 2023

Basis of Allotment

31 Mar, 2023

Credit of Shares

UPI Mandate Expiry Date:23 Mar, 2023

Udayshivakumar Infra Limited Lot Size

The minimum lot size of this Udayshivakumar Infra IPO is 428 shares required is ₹14,980.

ApplicationLotsSharesAmount
S-HNI (Max)66282489,88,680
Retail (Min)142814,980
B-HNI (Min)672867610,03,660
S-HNI (Min)1459922,09,720
Retail (Max)1355641,94,740

Udayshivakumar Infra Limited Promoter Holding

Mr. Udayshivakumar is the Promoter of the company.

Pre Issue Share HoldingPost Issue Share Holding
100%65.9%

Udayshivakumar Infra Limited COMPANY INFORMATION

Udayshivakumar Infra IPO is a Book Built Issue. The IPO total issue size is Rs 66.00 Cr. The Udayshivakumar Infra IPO price is ₹33 to ₹35 per share. The IPO will list on BSE, NSE.

Incorporated in 2019, Udayshivakumar Infra Limited is engaged in the business of the construction of roads.

Udayshivakumar Infra Limited 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.

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.

FAQs About Udayshivakumar Infra Limited

Udayshivakumar Infra Limited will open on 20 Mar, 2023 and close on 23 Mar, 2023. Investors must apply within this period to participate.

The Udayshivakumar Infra Limited price band is set between ₹33.00 and ₹35.00 per share. The minimum lot size is 428, requiring an investment of at least ₹14980.00.

The Udayshivakumar Infra Limited shares are expected to be listed on 03 Apr, 2023, subject to regulatory approvals and final allotment.

You can track your Udayshivakumar Infra Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID

The Udayshivakumar Infra Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.