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Shantidoot Infra Services IPO

Shantidoot Infra Services Limited Logo

Shantidoot Infra Services IPO incorporated in 2019, Shantidoot Infra Services Limited is a specialized provider of construction services to the education, healthcare and hospitality sectors. The company is headquartered in Patna and currently operating a business in the Indian states of Bihar and Jharkhand.

Shantidoot Infra Services Limited also carry out projects of re-designing, re-modelling and renovating institutions as per the need of the clients. The company categorises the projects mainly into the government sector and the Private sector. The company secure private sector contracts, in general, through one-to-one negotiation and Government contracts through bids as per the public notice issued by government departments.

The projects undertaken by the company are the Renovation of the Kerua Pond scheme Under M.I. Division Nalanda on Block-Giriyak, Sarmera and Silao (Government projects) and Gautam Institute of Nursing, Gautam Institute of Pharmacy, Mata Sushila Institute of Education, Shantidoot Hospital, among other (Private projects).

Competitive Strengths :

  1. Experienced Management team and skilled manpower.
  2. Direct Relationship with Suppliers.
  3. Quality Assurance and Standards.
  4. Established relationship with Subcontractors.

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
Amount in ₹ Lakhs

Objects of the Issue

The company intends to utilize the Net Fresh Issue Proceeds for the following Objects :

1. Working Capital Requirements.

2. General Corporate Purposes

Shantidoot Infra Services IPO Details

Shantidoot Infra Services IPO DateSep 6, 2022 to Sep 9, 2022
Shantidoot Infra Services IPO Face Value₹10 per share
Shantidoot Infra Services IPO Price₹81 per share
Shantidoot Infra Services IPO Lot Size1600 Shares
Issue Size496,000 shares of ₹10
(aggregating up to ₹4.02 Cr)
Fresh Issue248,000 shares of ₹10
(aggregating up to ₹2.01 Cr)
Offer for Sale248,000 shares of ₹10
(aggregating up to ₹2.01 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
NII (HNI) Shares Offered50% of the net offer
Retail Shares Offered50% of the net offer
Company PromotersMr. Avijeet Kumar is the company promoter.

IPO Lot Size

The IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹129,600).

Retail (Min)11600₹129,600
Retail (Max)11600₹129,600

IPO Promoter Holding

Pre Issue Share Holding99.60%
Post Issue Share Holding72.07%

IPO Prospectus

Company Contact Information

Shantidoot Infra Services Limited
House No. 221,
2nd floor, Patliputra Colony,
Patna- 800013
Phone: 0612-2271960
Email: [email protected]

IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: [email protected]

IPO Lead Manager(s)

  1. Gretex Corporate Services Pvt Ltd