Share Samadhan IPO is a book built issue totaling Rs 24.06 crores, consisting entirely of a fresh issue of 32.51 lakh shares.
The Share Samadhan IPO opened for subscription on September 9, 2024, and closes today, September 11, 2024. The allotment of shares is expected to be finalized on Thursday, September 12, 2024. The IPO will list on the BSE SME with a tentative listing date set for Monday, September 16, 2024.
The Share Samadhan IPO price band is set at ₹70 to ₹74 per share. The minimum lot size for an application is 1,600 shares, which requires a minimum investment of ₹118,400 by retail investors. For High Net Worth Individuals (HNIs), the minimum investment is for 2 lots, which equals 3,200 shares, amounting to ₹236,800.
Refer to Share Samadhan IPO RHP for brief information.
| IPO Date | September 9, 2024 to September 11, 2024 |
| Listing Date | September 16, 2024 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 70 to ₹ 74 / Share |
| Lot Size | 1600 Shares |
| Total Issue Size | 3,251,200 shares (Aggregating up to ₹24.06 Cr) |
| Fresh Issue | 3,251,200 shares (Aggregating up to ₹24.06 Cr) |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 9,018,903 |
| Share holding post issue | 12,270,103 |
| Market Maker portion | 163,200 shares |
Share Samadhan Limited IPO opens on September 9, 2024, and closes on September 11, 2024.
| IPO Open Date | September 9, 2024 |
| IPO Close Date | September 11, 2024 |
| Basis of Allotment | September 12, 2024 |
| Initiation of Refunds | September 13, 2024 |
| Credit of Shares to Demat | September 13, 2024 |
| Listing Date | September 16, 2024 |
| Cut-off time for UPI mandate confirmation | September 11, 2024 |
A minimum of 1600 shares and multiples thereof can be bid for by investors. The table below depicts the minimum and maximum investment in terms of shares and amount by retail investors and HNI.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | Rs.118,400 |
| Retail (Max) | 1 | 1,600 | Rs.118,400 |
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) | |||
| HNI (Min) | 2 | 3,200 | Rs.236,800 |
| Share Holding Pre Issue | 85.05% |
| Share Holding Post Issue | 62.52% |
The Share Samadhan IPO offers 32,51,200 shares, with 6,19,200 shares (19.05%) allocated to QIB, 4,64,000 shares (14.27%) to NII, 10,81,600 shares (33.27%) to RII, and 9,23,200 shares (28.4%) to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 9,23,200 (28.4%) |
|
| Market Maker Shares Offered | 1,63,200 (5.02%) |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 6,19,200 (19.05%) |
|
| NII (HNI) Shares Offered | 4,64,000 (14.27%) |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 10,81,600 (33.27%) |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 32,51,200 (100%) |
Share Samadhan IPO raises Rs 6.83 crore from anchor investors. Share Samadhan IPO Anchor bid date is September 6, 2024
| Bid Date | 2024-09-06 |
| Shares Offered | 9,23,200 |
| Anchor Portion Size (In Cr.) | 6.83 |
| Anchor lock-in period end date for 50% shares (30 Days) | October 12, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | December 11, 2024 |
Share Samadhan Limited was established in 2011. In order to effectively assist clients in safeguarding and recovering their investments and funds, the company provides a comprehensive array of one-stop services. These services include the company's investment recovery, Wealth Samadhan Private Limited's asset protection, and Nyaya Mitra Limited's litigation funding solutions. They help settle a variety of disputes pertaining to blocked investments in any asset class, mostly on a contingency fee basis.
Investment retrieval services are provided by the company, which also offers advice on how to resolve investor concerns and unlock value in relation to a variety of financial assets, including bonds, mutual funds, equities, preference shares, insurance, provident funds, deposits, bank accounts, debt, and other asset classes.
They also provide services for asset protection via the Wealth Samadhan Card. The Wealth Samadhan Card is an all-inclusive digital investment management solution that maximizes and guarantees investment data security. The company additionally provides a broad array of litigation funding options that are customized to the complex nature of litigation through its subsidiary Nyaya Mitra Limited. In addition to high-value business disputes, debt recovery, alternative dispute resolution, international recovery, arbitration, and family issues, they also provide services to help cases involving disputed real estate matters.
The market capitalization of Share Samadhan IPO is Rs 90.8 Cr.
KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| ROE | 34.64% |
| ROCE | 47.99% |
| Debt/Equity | |
| RoNW | 34.64% |
| P/BV | 5.91 |
| PAT Margin (%) |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 4.34 | 3.19 |
| P/E (x) | 17.07 | 23.22 |
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2024 that is available in RHP.
The funds being raised by the Company are proposed to be utilized towards funding the following objectives and to achieve the benefits of listing on the SME platform of BSE. The objectives of the Issue are:
- Expenses for Investment in Technology;
- Expenses for Unidentified Acquisition for Company (In India or Abroad);
- Working Capital requirements of the Company;
- General Corporate Purposes; and
To meet the Issue Expenses.
Share Samadhan Limited B-35, Lower Ground Floor, |
Skyline Financial Services Private Ltd Phone: 02228511022 |
Lamfindia specializes in offering innovative financial solutions, including stock broker services, mutual fund investments, and IPO guidance.