Udayshivakumar Infra IPO: On Monday of the following week, March 20, 2023, Udayshivakumar Infra Ltd. will begin its first public offering. Bidding for the 66 crore rupee public issuance will be accepted until March 23, 2023. The book build issue, which is slated for listing on BSE and NSE and is most likely to list on April 3rd 2023, will raise 66 crore through the issuance of new shares.
Here are the 10 most crucial Udayshivakumar Infra IPO details:
1] Udayshivakumar Infra IPO GMP: According to market watchers, Udayshivakumar Infra Ltd. shares are currently being offered in the grey market at a premium of 10 rupees.
2] Date of the Udayshivakumar Infra IPO: The public offering will begin accepting bids on March 20, 2023, and it will do so through March 23, 2023.
3] The pricing range for the Udayshivakumar Infra IPO has been set by the business at 33 to 35 rupees per share.
4] The size of the Udayshivakumar Infra IPO is 66 crore rupees, according to the business.
5] Udayshivakumar Infra IPO lot size: A bidder will be able to submit applications in lots, and one lot of the IPO consists of 428 business shares.
6] The goal of the Udayshivakumar Infra IPO is to finance the company’s general corporate needs as well as additional working capital requirements with the net proceeds of the public offering.
7] Financials of the company: As of December 31, 2022, the company is working on 30 active projects, including 10 highways, 7 smart roads, 1 bridge, 8 irrigation projects, 3 civil construction projects, and 1 toll plaza, totaling an estimated $853.88 crore in order book value. Also, as of December 31, 2022, they have fresh work orders assigned (but not yet started), totaling $436.51 crore and including 14 highways, 1 toll plaza, and 1 irrigation project.
They have 46 works orders in hand as of December 31, 2022, with an order book worth of $1,290.39 crore overall.
8] The date of share allocation for the Udayshivakumar Infra IPO is most likely March 28, 2023.
9] Udayshivakumar Infra IPO listing: The proposed public offering is scheduled to list its shares on the NSE and BSE on April 3, 2023, which is the most likely date for that to happen.
10] Udayshivakumar 10 MAS Services Limited has been designated as the infra IPO’s official registrar.