Share Samadhan Limited IPO
BSE SMEListed On: Sep 16, 2024 at ₹ 73.05
₹ 236800 /3200 Shares
*Min Investment
09 Sep, 2024
Open Date11 Sep, 2024
Close Date12 Sep, 2024
Allotment Date16 Sep, 2024
Listing DateShare Samadhan IPO Issue Details
- Issue Price ₹70-74 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 32,51,200 shares(aggregating up to ₹24.06 crore)
- Fresh Share 32,51,200 shares(aggregating up to ₹24.06 crore)
- Listing at BSE SME
- List Price 73.05
- Listing Date 2024-09-16
- Lead Manager Narnolia Financial Services Ltd
- Registrar Skyline Financial Services Private Ltd
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1600 | ₹1,18,400 |
| Retail(max) | 1 | 1600 | ₹1,18,400 |
| NII (min) | 2 | 3,200 | ₹2,36,800 |
Share Samadhan IPO Reservation
Share Samadhan IPO offers total 32,51,200 shares. Out of which 6,19,200 (19.05%) allocated to QIB, 4,64,000 (14.27%) allocated to NII,10,81,600 (33.27%) allocated to RII, NA (NA%) allocated to employees and 9,23,200 (28.4%) allocated 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%) | |
| QIB Shares Offered | 6,19,200 (19.05%) | |
| NII (HNI) Shares Offered | 4,64,000 (14.27%) | |
| Retail Shares Offered | 10,81,600 (33.27%) | |
| Total Shares Offered | 32,51,200 (100%) |
Share Samadhan IPO Details
Share Samadhan Limited IPO is an SME IPO, priced at ₹70-74 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 32,51,200 equity shares, aggregating up to ₹24.06 crores..
The IPO bidding window is open from Sep 9, 2024 to Sep 11, 2024. The allotment is expected to be finalized on Sep 12, 2024, and the tentative listing date is Sep 16, 2024.
The minimum lot size for Retail investors is 1600 shares, with a minimum investment of ₹1,18,400. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,36,800.
Narnolia Financial Services Ltd is acting as the lead manager to the issue. The registrar of the IPO is Skyline Financial Services Private Ltd, and Nikunj Stock Brokers Limited will act as the market maker for this issue.
Share Samadhan IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 619,200 / 464,000 | 1,081,600 | 2,164,800 |
Day 1 09-09-24 06:00 PM | 0.00 / 0.81 x | 2.01 x | 1.18 x |
Day 2 10-09-24 06:00 PM | 0.00 / 2.84 x | 5.89 x | 3.55 x |
Day 3 11-09-24 06:00 PM | 2.66 / 22.44* x | 18.04 x | 14.59 x |
Share Samadhan Valuations
Share Samadhan Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 1,422.31 | 478.88 | 425.54 |
| Revenue | 996.13 | 276.14 | 242.14 |
| Profit After Tax | 391.01 | 47.92 | 60.7 |
| Net Worth | 1,128.79 | 359.27 | 313.84 |
| Reserves & Surplus | 226.9 | 248.15 | 202.73 |
| Total Borrowing | 87.09 | 61.85 | 60.38 |
About Share Samadhan Company
Share Samadhan Limited, earlier known as Tiger Island Hospitality Private Limited, was incorporated in 2011 and provides various services to assist clients in safeguarding and retrieving their investments/money effectively.
The company operates three business lines:
Share Samadhan Limited offers investment retrieval services that offer advisory services for unlocking value and resolving investor issues in various financial assets, such as equities, preference shares, mutual funds, debentures, bonds, insurance, provident funds, deposits, bank accounts, debt, and other asset classes. Besides this, the company helps in the recovery of unclaimed and unpaid dividends and interest and problems with old, lost, forgotten, or damaged financial instruments such as physical shares, old mutual fund securities, old insurance/PF securities, etc. and transfer and transmission procedures and other related services.
Wealth Protection services through Wealth Samadhan Pvt Limited: The Company offers wealth protection services through Wealth Samadhan Card. Wealth Samadhan Card is a comprehensive digital solution to protect and optimize the protection of investment data.
Litigation funding solutions through Nyaya Mitra Limited: The company also offers a variety of litigation funding solutions that cater to the multi-faceted nature of litigation through its subsidiary Nyaya Mitra Limited.
As of August 28, 2024, the firm had 48 employees.
Share Samadhan - Promoter(s)
Mr. Abhay Kumar Chandalia
Mr. Vikash Kumar Jain
Pre Issue Share Holding : 85.05%
Post Issue Share Holding : 62.52%
Share Samadhan IPO - Issue Objectives
To meet the expenses for Investment in Technology
To meet the expenses for Unidentified Acquisition for Company (In India or Abroad)
To meet the Working Capital requirements of the Company
To meet the General Corporate Purposes
To meet the Issue Expenses.
Contact Details
Share Samadhan
B-35, Lower Ground Floor, South Extension Part-II, New Delhi - 110049
011- 49084044
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
Share Samadhan IPO - FAQs
Ans. Share Samadhan Limited IPO is a SME IPO. The issue is priced at ₹70-74 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Sep 9, 2024, and closes on Sep 11, 2024. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Share Samadhan Limited IPO opens on Sep 9, 2024 and closes on Sep 11, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Share Samadhan Limited IPO is 3,251,200 shares(aggregating up to ₹24.06 Cr).
Ans. The Share Samadhan Limited IPO price band is set between ₹70-74 per equity share.
Ans. To apply for Share Samadhan Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Share Samadhan Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Share Samadhan Limited IPO is Sep 12, 2024.
Ans. The Share Samadhan Limited IPO will be listed on Sep 16, 2024.
Ans. Follow the steps to check the Share Samadhan Limited IPO allotment status online.
