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Share Samadhan Limited IPO (Share Samadhan IPO) Detail

September 9, 2024 - September 11, 2024

Share Samadhan IPO is a book built issue of Rs 24.06 crores. The issue is entirely a fresh issue of 32.51 lakh shares.

Share Samadhan IPO bidding started from September 9, 2024 and ended on September 11, 2024. The allotment for the Share Samadhan IPO is expected to be finalized on Thursday, September 12, 2024. Share Samadhan IPO will list on BSE SME with tentative listing date fixed as Monday, September 16, 2024.

Share Samadhan IPO price band is set at ₹70 to ₹74 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹118,400. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹236,800.

Narnolia Financial Services Ltd is the book running lead manager of the Share Samadhan IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Share Samadhan IPO is Nikunj Stock Brokers.

Refer to Share Samadhan IPO RHP for detailed information.

Share Samadhan IPO Details

IPO Date September 9, 2024 to September 11, 2024
Listing Date [.]
Face Value ₹10 per share
Price Band ₹70 to ₹74 per share
Lot Size 1600 Shares
Total Issue Size3,251,200 shares
(aggregating up to ₹24.06 Cr)
Fresh Issue3,251,200 shares
(aggregating up to ₹24.06 Cr)
Issue Type Book Built Issue IPO
Listing At BSE SME
Share holding pre issue9,018,903
Share holding post issue12,270,103
Market Maker portion163,200 shares
Nikunj Stock Brokers

Share Samadhan IPO Reservation

Share Samadhan IPO offers 32,51,200 shares. 6,19,200 (19.05%) to QIB, 4,64,000 (14.27%) to NII, 10,81,600 (33.27%) to RII and 9,23,200 (28.4%) to Anchor investors.

Investor Category Shares Offered
Anchor Investor Shares Offered9,23,200 (28.4%)
Market Maker Shares Offered1,63,200 (5.02%)
QIB Shares Offered6,19,200 (19.05%)
NII (HNI) Shares Offered4,64,000 (14.27%)
Retail Shares Offered10,81,600 (33.27%)
Total Shares Offered32,51,200 (100%)

Share Samadhan IPO Anchor Investors Details

Share Samadhan IPO raises Rs 6.83 crore from anchor investors. Share Samadhan IPO Anchor bid date is September 6, 2024. Share Samadhan IPO Anchor Investors list

Bid Date September 6, 2024
Shares Offered 923,200
Anchor Portion Size (In Cr.) 6.83
Anchor lock-in period end date for 50% shares (30 Days) October 12, 2024
Anchor lock-in period end date for remaining shares (90 Days) December 11, 2024

Share Samadhan IPO Timeline (Tentative Schedule)

Share Samadhan IPO opens on September 9, 2024, and closes on September 11, 2024.

IPO Open Date Monday, September 9, 2024
IPO Close Date Wednesday, September 11, 2024
Basis of Allotment Thursday, September 12, 2024
Initiation of Refunds Friday, September 13, 2024
Credit of Shares to Demat Friday, September 13, 2024
Listing Date Monday, September 16, 2024
Cut-off time for UPI mandate confirmation 5 PM on September 11, 2024

Share Samadhan IPO Lot Size

Investors can bid for a minimum of 1600 shares and in multiples thereof. The below 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 ₹118,400
Retail (Max) 1 1600 ₹118,400
HNI (Min) 2 3,200 ₹236,800
Lot Size Calculator

Share Samadhan IPO Promoter Holding

Mr. Abhay Kumar Chandalia and Mr. Vikash Kumar Jain are the promoters of the company.

Share Holding Pre Issue 85.05%
Share Holding Post Issue 62.52%

About Share Samadhan Limited

Share Samadhan Limited, previously known as Tiger Island Hospitality Private Limited, was incorporated in 2011 and offers a wide range of services aimed at helping clients protect and recover their investments/money efficiently.

The company has three main business lines:

  1. Investment Retrieval Services through Share Samadhan Limited: Investment Retrieval Services, which provides advisory services to unlock value and resolve investor issues related to various financial assets such as equities, preference shares, mutual funds, debentures, bonds, insurance, provident funds, deposits, bank accounts, debt, and other asset classes. In addition, the company assists in the recovery of unclaimed and unpaid dividends and interest, as well as problems with old, lost, forgotten, or damaged financial instruments such as physical shares, old mutual fund securities, old insurance/PF securities, etc., and facilitates transfer and transmission procedures and other related services.
  2. Wealth Protection services through Wealth Samadhan Pvt Limited: The Company also 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.
  3. Litigation funding solutions through Nyaya Mitra Limited: The company also offers a range of litigation funding solutions tailored to the multi-faceted nature of litigation through its subsidiary Nyaya Mitra Limited.

As of August 28, 2024, the company had 48 employees.

Company Financials

Share Samadhan Limited Financial Information (Restated Consolidated)

Share Samadhan Limited's revenue increased by 261% and profit after tax (PAT) rose by 716% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets1,422.31478.88425.54
Revenue996.13276.14242.14
Profit After Tax391.0147.9260.7
Net Worth1,128.79359.27313.84
Reserves and Surplus226.9248.15202.73
Total Borrowing87.0961.8560.38
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Share Samadhan IPO is Rs 90.8 Cr.

KPI as of March 31, 2024.

KPI Values
ROE34.64%
ROCE47.99%
RoNW34.64%
P/BV5.91
Pre IPO Post IPO
EPS (Rs) 4.343.19
P/E (x) 17.0723.22
Note:
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2024 that is available in RHP.

Objects of the Issue (Share Samadhan IPO Objectives)

The Company proposes to utilize the funds which are being raised towards funding the following objects and achieve the benefits of listing on the SME platform of BSE. The objects of the Issue are:

  1. To meet the expenses for Investment in Technology;
  2. To meet the expenses for Unidentified Acquisition for Company (In India or Abroad);
  3. To meet the Working Capital requirements of the Company;
  4. To meet the General Corporate Purposes; and
  5. To meet the Issue Expenses.

Share Samadhan IPO Review (Apply)

[Dilip Davda]  The company is providing financial asset related solutions under one roof and has proved its mettle as indicated by FY24 earnings. Based on FY24 performance, the issue appears fully priced. Post listing, the scrip is likely to witness fancy as a first mover in the segment. Though the scrip appears fully priced prima facie, investors may park funds for medium to long term rewards. Read detail review...


Share Samadhan IPO Subscription Status (Bidding Detail)

The Share Samadhan IPO is subscribed 14.59 times on September 11, 2024 6:19:11 PM. The public issue subscribed 18.04 times in the retail category, 2.66 times in the QIB category, and 22.44 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB2.66
NII22.44
Retail18.04
Total14.59

Total Application : 19,197 (28.40 times)

Share Samadhan IPO Prospectus

Share Samadhan IPO Rating

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Rating:Rated 1.0 stars
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Share Samadhan Limited Contact Details

Share Samadhan Limited
B-35, Lower Ground Floor,
South Extension Part-II,
New Delhi - 110049
Phone: 011- 49084044
Email: nfo@sharesamadhan.com
Website: http://www.sharesamadhan.com/

Share Samadhan IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/ipo.php

Share Samadhan IPO - Buy or Not

Share Samadhan IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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Share Samadhan IPO FAQs

Share Samadhan IPO is a SME IPO of 3,251,200 equity shares of the face value of ₹10 aggregating up to ₹24.06 Crores. The issue is priced at ₹70 to ₹74 per share. The minimum order quantity is 1600 Shares.

The IPO opens on September 9, 2024, and closes on September 11, 2024.

Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Share Samadhan IPO using UPI as a payment gateway. Zerodha customers can apply in Share Samadhan IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Share Samadhan IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Share Samadhan IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Share Samadhan IPO opens on September 9, 2024 and closes on September 11, 2024.

Share Samadhan IPO lot size is 1600 Shares, and the minimum amount required is ₹118,400.

You can apply in Share Samadhan IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Share Samadhan IPO will be done on Thursday, September 12, 2024, and the allotted shares will be credited to your demat account by Friday, September 13, 2024. Check the Share Samadhan IPO allotment status.

The Share Samadhan IPO listing date is not yet announced. The tentative date of Share Samadhan IPO listing is Monday, September 16, 2024.
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