The Share Samadhan IPO is set to open on September 9, 2024, and close on September 11, 2024. It is a Book Built Issue aiming to raise approximately ₹24.06 crores. The IPO comprises a fresh issue worth ₹24.06 crores and an offer for sale of up to [.] equity shares, each with a face value of ₹10.
The price band for the IPO is between ₹70 and ₹74 per share. Allocation is divided with 35% reserved for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). The IPO allotment will be finalized on September 12, 2024, with the shares expected to list on the Bombay Stock Exchange (BSE) by September 16, 2024.
Financially, Share Samadhan reported a revenue of ₹9.96 crores in 2024, a notable increase from ₹2.76 crores in 2023. Its profit surged to ₹3.91 crores in 2024, compared to ₹0.48 crores in the previous year. Given these robust financials, the IPO may present an attractive opportunity for long-term investors.
Share Samadhan IPO Objectives:
The company plans to utilize the funds raised through the IPO to achieve the following goals, while also benefiting from listing on the SME platform of BSE:
Investment in technology to enhance operational capabilities.
Funding for potential acquisitions (domestic or international).
Meeting the company’s working capital requirements.
General corporate purposes to support overall growth.
Covering IPO-related expenses.
Share Samadhan IPO Review (Apply or Not):
Review coming soon.
Share Samadhan IPO Date & Price Band Details:
| IPO Open Date: | September 9, 2024 |
| IPO Close Date: | September 11, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹[.] to ₹[.] Per Share |
| Issue Size: | Approx ₹[.] Crores |
| Fresh Issue: | Approx ₹[.] Crores |
| Offer for Sale: | NA |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
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Share Samadhan IPO Lot Size:
The minimum lot size for the Share Samadhan IPO is 1,600 shares, with a required investment of ₹118,400.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹ 1,18,400 |
| Retail Maximum | 1 | 1600 | ₹ 1,18,400 |
| HNI Minimum | 2 | 3200 | ₹ 2,36,800 |
Share Samadhan IPO Timeline:
The Share Samadhan IPO is set to open on September 9 and close on September 11. The allotment will be finalized on September 12, and the shares are expected to be listed on the stock exchange on September 16.
| IPO Open Date: | September 9, 2024 |
| IPO Close Date: | September 11, 2024 |
| Basis of Allotment: | September 12, 2024 |
| Refunds: | September 13, 2024 |
| Credit to Demat Account: | September 13, 2024 |
| IPO Listing Date: | September 16, 2024 |
Share Samadhan IPO GMP Today:
Update coming soon
Promoters of Share Samadhan:
The promoters of Share Samadhan Limited are Mr. Abhay Kumar Chandalia and Mr. Vikash Kumar Jain.
About Share Samadhan:
Share Samadhan Limited is a leading company in India, specializing in the recovery of unclaimed investments and assets. They offer a comprehensive range of services to recover lost investments, safeguard wealth, and provide legal support. Share Samadhan helps individuals reclaim dividends, interest, and forgotten or misplaced financial instruments. Additionally, through their affiliate Nyaya Mitra Limited, they provide financial support for litigation involving property disputes, high-value commercial conflicts, family matters, debt recovery, and international arbitration. Their goal is to be the top organization in unclaimed investment recovery, offering complete solutions to protect and secure wealth.
Share Samadhan Financial Report:
The company reported revenue of ₹9.96 crores in 2024, a significant rise from ₹2.76 crores in 2023. Its profit also surged to ₹3.91 crores in 2024, compared to ₹0.48 crores in the previous year.
| Amount in crores | ||||
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹ 2.42 | ₹ 1.97 | ₹ 0.61 | ₹ 4.26 |
| 2023 | ₹ 2.76 | ₹ 2.15 | ₹ 0.48 | ₹ 4.79 |
| 2024 | ₹ 9.96 | ₹ 4.50 | ₹ 3.91 | ₹ 14.22 |
Share Samadhan IPO Valuation – FY2024
Review the valuation details of the Share Samadhan IPO, including key metrics such as Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).
| KPI | Values |
| ROE: | 34.71% |
| ROCE: | 47.42% |
| EBITDA Margin: | 56.42% |
| PAT Margin: | 40.61% |
| Debt to equity ratio: | 0.07 |
| Earning Per Share (EPS): | ₹4.46 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 34.71% |
| Net Asset Value (NAV): | ₹ 12.04 |
Share Samadhan IPO Registrar:
- Skyline Financial Services Private Ltd
- Phone: 022 28511022
- Email: compliances@skylinerta.com
- Website: https://www.skylinerta.com/ipo.php
- IPO Lead Managers (Merchant Bankers):
- Narnolia Financial Services Ltd
Company Address:
- Share Samadhan Limited
- B-35, Lower Ground Floor,
- South Extension Part-II,
- New Delhi – 110049
- Phone: 011-49084044
- Email: info@sharesamadhan.com
- Website: http://www.sharesamadhan.com/
Share Samadhan IPO FAQs:
What is Share Samadhan IPO?
The Share Samadhan IPO is a Small and Medium Enterprise (SME) IPO. The company aims to raise ₹24.06 crores through this IPO, which is priced between ₹70 and ₹74 per equity share. The IPO will be listed on BSE and SME.
When will the Share Samadhan IPO open for subscription?
The IPO will open for subscription on September 9, 2024, for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Investors. It will close on September 11, 2024.
What is the Share Samadhan IPO investors’ portion?
The allocation is as follows: 50% for QIBs, 15% for NIIs, and 35% for Retail Investors.
How to apply for the Share Samadhan IPO?
You can apply for the Share Samadhan IPO through ASBA online via your bank account, or via UPI through your stockbroker. Offline applications can also be made by filling out the form provided by your stockbroker.
What is the Share Samadhan IPO issue size?
The issue size is ₹24.06 crores.
What is the Share Samadhan IPO price band?
The price band for the IPO is ₹70 to ₹74 per share.
What is the Share Samadhan IPO lot size?
The minimum lot size is 1,600 shares, requiring an investment of ₹118,400.
What is the Share Samadhan IPO allotment date?
The allotment date is September 12, 2024.
What is the Share Samadhan IPO listing date?
The shares are expected to be listed on September 16, 2024, on BSE and SME.