Udayshivakumar Infra Limited | Globe Capital Market LTD.
Udayshivakumar Infra Limited
Closed
Price Band
Rs.33 to 35 per share
IPO Issue Period
Mar 20, 2023 to Mar 23, 2023
Issue Size
66.00 Cr.
Face value
Rs.10
Fresh issue
shares of ₹10 (aggregating up to ₹66.00 Cr)
Offer for sale
Minimum Shares for Retail
428 Shares
Listing on
NSE, BSE
Issue Type
Book Building
Registrar to the Issue
MAS Services Limited
Tentative Listing Date
Apr 3, 2023
QIB
10%
NII
30%
Retail
60%

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.

For year/ period ended ( in Cr.)

H1FY22 FY21 FY20
Total Revenue
Profit After Tax
EPS
OPM (%)
PATM(%)

 

  1. Funding incremental working capital requirements of our Company;
  2. General corporate purposes.
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