Udayshivakumar Infra IPO Details
Issue Date
--
Price Range
₹35
Lot Size
428
IPO Size
₹66.00 Cr
Udayshivakumar Infra IPO Listing Details
Listing On
3 Apr'23
Issue Price
--
Listed Price
₹ 30
Retail Gain/Listing Gain
▼-14.29%
Schedule of Udayshivakumar Infra IPO
Start date
End date
Allotment of bids
Refund Initiation
Listing on exchange
03/04/2023
Company Background
Udayshivakumar Infra Limited is engaged in the business of construction of roads including National Highways, State Highways, District Roads, and Smart Roads under the PM’s Smart City Mission projects, and Smart Roads under Municipal Corporations, Bruhat Bengaluru Mahanagara Palike (BBMP) and Local Area Roads in various Taluka Places etc., in the State of Karnataka. It is also engaged in the constructions of bridges across Major and Minor Rivers, Railway over Bridges (ROB), construction of Major and Minor Irrigation and canal projects, Industrial Areas, based in the State of Karnataka.
The company bids for Roads, Bridges, Irrigation & Canals, Industrial Area construction projects in the State of Karnataka. In addition to independently undertaking projects, the company also enters into joint ventures with other infrastructure companies in the industry to jointly bid and execute larger projects.
Over the years, the company has developed established roads under BOQ and EPC business and have gradually added facilities to support and supplement the road and irrigation construction business. As part of its in-house integrated model, the company has developed in-house resources with key competencies to deliver a project from conceptualization to completion that includes the design and engineering teams.
Competitive Strengths
Focused on Roads, Flyovers and Bridge Construction:
Strong Order Book of roads, bridges, flyovers and irrigation projects:
Experienced management team:
Risk Factors
- Business concentrated in the state of Karnataka
- Derives a significant portion of its revenues from a limited number of clients
Key Strategies
Here are a few strategies Udayshivakumar Infra Limited has for its business:
-
Maintain focus on Roads, Bridge and Irrigation projects construction
-
Expansion of geographical footprint
-
Enter into joint venture arrangements with other infrastructure companies - to bid and execute large value projects.
-
Leverage core competencies with enhanced in-house integration
Key Financials
And finally here’s a look at key financials of Udayshivakumar Infra Limited

How to apply for IPO through ASBA
Kotak Neo
•00m 59 s

Udayshivakumar Infra IPO FAQs
The Udayshivakumar Infra IPO opens for subscription from [-] to [-], with a total issue size of ₹66.00 Cr. The IPO price band is ₹35 to ₹0 per share with a lot size of 428. The company aims to list the shares on BSE & NSE on 03-04-2023.
The Udayshivakumar Infra IPO will open for subscription on [-] and will close on [-] for investors.
The minimum lot size for the Udayshivakumar Infra IPO is 428 equity shares, requiring a minimum investment of ₹[-] for retail investors applying in the IPO.
The price band of the Udayshivakumar Infra IPO has been fixed at ₹35 to ₹0 per equity share.
You can apply for the Udayshivakumar Infra IPO online through the Kotak Neo Website or the Kotak Neo App using UPI or ASBA during the IPO subscription period.
Udayshivakumar Infra IPO allotment will take place on [-].
You can check the Udayshivakumar Infra IPO allotment status online on the registrar’s website or on the NSE and BSE IPO allotment pages using your application number, PAN, or demat account details.
Udayshivakumar Infra shares will list on the stock exchanges on 03-04-2023.
The Udayshivakumar Infra Limited IPO has an issue size of Rs. 66 crores. The IPO opens for subscription on 20th March and ends on 23rd March.
The allotment dates are yet to be announced.
MAS Services Limited is the registrar for this IPO.
You can read more about Udayshivakumar Infra Limited and its IPO from the company’s red herring prospectus (RHP) here: Udayshivakumar Infra Limited RHP.
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