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Udayshivakumar Infra Limited IPO
Issue Size (Net)
up to Rs.66.00 Cr
Price Band
Rs.33 to Rs.35 per share
Issue Opens
20-Mar-23
Issue Closes
23-Mar-23

Company Highlights

1.Company Information

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.

2. Objective of the Issue
The Company proposes to utilize the Net Proceeds towards funding of the following objects:

1.Funding incremental working capital requirements of our Company;

2.General corporate purposes.

Udayshivakumar Infra IPO Registrar
MAS Services Limited

Phone:(011) 2610 4142

Email:info@masserv.com

Website:http://www.masserv.com

Udayshivakumar Infra Limited Financial Information (Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
31-Mar-20
158.26
194.41
10.49
46.87
31-Mar-21
146.82
211.11
9.32
56.18
31-Mar-22
162.61
186.39
12.15
68.32
Amount in Rs. Crore

Udayshivakumar Infra IPO Details

Issue Opening Date
20 Mar-23
Issue Closing Date
23 Mar-23
Face Value
Rs.10 per sharee
Price
Rs.33 to Rs.35 per share
Lot Size
428 Shares
Issue Size
[.] shares of Rs.10 Rs. (aggregating up to Rs.66.00 Cr)
Fresh Issue
[.] shares of Rs.10 (aggregating up to Rs. 66.00 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE
QIB Shares Offered
Not more than 10% of the Issue
NII (HNI) Shares Offered
Not less than 30% of the Issue
Retail Shares Offered
Not less than 60% of the Issue

Prospectus

Prospectus File

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Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

Landline Number
+91 11-4444-1111

Customer Care
+919350316010

Security

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