Shantidoot Infra Services IPO
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 :
- Experienced Management team and skilled manpower.
- Direct Relationship with Suppliers.
- Quality Assurance and Standards.
- Established relationship with Subcontractors.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-20 | 66.08 | 219.33 | 2.81 | 7.81 | 2.81 |
| 31-Mar-21 | 186 | 415.81 | 8.53 | 16.34 | 11.34 |
| 31-Mar-22 | 352.65 | 762.13 | 140.39 | 156.73 | 151.73 |
| 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 Date | Sep 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 Size | 1600 Shares |
| Issue Size | 496,000 shares of ₹10 (aggregating up to ₹4.02 Cr) |
| Fresh Issue | 248,000 shares of ₹10 (aggregating up to ₹2.01 Cr) |
| Offer for Sale | 248,000 shares of ₹10 (aggregating up to ₹2.01 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| NII (HNI) Shares Offered | 50% of the net offer |
| Retail Shares Offered | 50% of the net offer |
| Company Promoters | Mr. 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).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹129,600 |
| Retail (Max) | 1 | 1600 | ₹129,600 |
IPO Promoter Holding
| Pre Issue Share Holding | 99.60% |
| Post Issue Share Holding | 72.07% |
IPO Prospectus
- › IPO DRHP
Company Contact Information
Shantidoot Infra Services Limited
House No. 221,
2nd floor, Patliputra Colony,
Patna- 800013
Phone: 0612-2271960
Email: [email protected]
Website: https://shantidootinfra.com/
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
IPO Lead Manager(s)
- Gretex Corporate Services Pvt Ltd
