Udayashivkumar Infra IPO: The Initial Public Offering of Udayashivkumar Infra Limited is going to open on 20 March 2023 i.e. Monday of next week. public issue worth 66 crore will be open for bidding till 23 March 2023. will raise book build issue 66 crore by way of issue of fresh shares, which is proposed for listing on BSE and NSE. Likely to be listed on 3rd April 2023.
Here we list down the important details of Udayashivkumar Infra IPO in 10 points:
1]Udayashivkumar Infra IPO GMP: According to market observers, Udayashivkumar Infra Ltd stock is available at a premium 10 in the gray market today.
2]Udayashivkumar Infra IPO Date: The public issue will open for bidding on March 20, 2023 and will remain open for bidding till March 23, 2023.
3]Udayashivkumar infra ipo price: The company has fixed the price band of the IPO since 33 35 each.
4]Udayashivkumar Infra IPO Size: The company aims to generate 66 crores from this public offer.
5]Udayashivkumar Infra IPO Lot Size: Bidders will be able to apply in lots and one lot of the IPO consists of 428 shares of the company.
6]Udayashivkumar Infra IPO Objective: Net The proceeds of the Public Issue will be used for funding incremental working capital requirements and general corporate requirements of the Company.
7]Financials of the company: As on December 31, 2022, the company is executing 30 ongoing projects, which include 10 roads, 7 smart roads, 1 bridge, 8 irrigation projects, 3 civil works and 1 toll plaza, with a total order book value of Rs. 853.88 crores. In addition, as on December 31, 2022, they have new work orders awarded (but not yet started) with a total order book value of 14 roads, 1 toll plaza and 1 irrigation works. 436.51 cr.
On a consolidated basis as of December 31, 2022, they have 46 work orders with a total order book value of 1,290.39 crores.
8]Udayashivkumar Infra IPO Allotment Date: Share allotment of the public offer is likely to take place on March 28, 2023
9]Udayashivkumar Infra IPO Listing: The public issue is proposed for listing on both NSE and BSE And the probable date of listing of the shares is April 3, 2023.
10]Udayashivkumar Infra IPO Registrar: MAS Services Limited has been appointed as the official registrar to the IPO.
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