Apex Ecotech Limited IPO...
20 Nov 2024
Share Samadhan Limited IPO And Its GMP
Share Samadhan Limited is a one-stop solution, providing a wide range of services aimed at helping clients efficiently protect and retrieve their investments/money. These services include Investment retrieval through their company, Wealth Protection through Wealth Samadhan Private Limited and litigation funding solutions through Nyaya Mitra Limited, thereby assisting in resolving various disputes regarding blocked investments in any asset class largely on a success fees model.
They also offer wealth protection services through the Wealth Samadhan Card. Wealth Samadhan Card is a comprehensive digital investment repository solution designed to safeguard and streamline the protection of investment information.
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IPO OVERVIEW
- Issue Size: ₹24.06 crores.
- Number of Shares: 32.51 lakh shares (entirely a fresh issue).
- Price Band: ₹70 to ₹74 per share.
- Application Lot Size: Minimum of 1600 shares.
- Subscription Period: Opens on September 9, 2024, and closes on September 11, 2024.
WHAT IS GMP?
GMP stands for Grey Market Premium, and if you are planning your IPO then GMP plays an important role. A grey market is a place where stocks/shares get traded before getting officially listed on any stock exchange. The difference between the IPO price and the grey market price is known as GMP (grey market premium). GMP is a premium amount paid at which initial public offering (IPO) shares are traded before it is listed on the stock exchanges.
Share Samadhan Limited IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | 74 | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Share Samadhan IPO Overview
| Detail | Description |
|---|---|
| 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 Size | 3,251,200 shares (aggregating up to ₹24.06 Cr) |
| Fresh Issue | 3,251,200 shares (aggregating up to ₹24.06 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Shareholding pre issue | 9,018,903 |
| Share holding post issue | 12,270,103 |
| Market Maker portion | 163,200 shares Nikunj Stock Brokers |
Share Samadhan IPO Timeline (Tentative Schedule)
| Detail | Description |
|---|---|
| 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 Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹118,400 |
| Retail (Max) | 1 | 1600 | ₹118,400 |
| HNI (Min) | 2 | 3,200 | ₹236,800 |
Share Samadhan Limited IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.03% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
Share Samadhan IPO Promoter Holding
| Share Holding Pre Issue | 85.05% |
| Share Holding Post Issue | 62.52% |
Share Samadhan IPO Anchor Investors Details
| 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 |
Company & Financials
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.
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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 the 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.
Share Samadhan Limited Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | |||||||||||||||||||||||||||||||||||||
| Assets | 1,422.31 | 478.88 | 425.54 | |||||||||||||||||||||||||||||||||||||
| Revenue | 996.13 | 276.14 | 242.14 | |||||||||||||||||||||||||||||||||||||
| Profit After Tax | 391.01 | 47.92 | 60.7 | |||||||||||||||||||||||||||||||||||||
| Net Worth | 1,128.79 | 359.27 | 313.84 | |||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 226.9 | 248.15 | 202.73 | |||||||||||||||||||||||||||||||||||||
| Total Borrowing | 87.09 | 61.85 | 60.38 | |||||||||||||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||
Objectives of Share Samadhan IPO
The Company proposes to utilize the funds that are being raised towards funding the following objectives and achieve the benefits of listing on the SME platform of BSE. The objectives 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.
- 5. To meet the Issue Expenses.
Share Samadhan IPO Review
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.
FAQs for Share Samadhan IPO
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What is the Share Samadhan IPO?
Share Samadhan IPO is a SME IPO. The company is going to raise ₹24.06 Crores via IPO. The issue is priced at ₹70 to ₹74 per equity share. The IPO is to be listed on BSE & SME.
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When will the Share Samadhan IPO open for subscription?
The IPO is to open on September 9, 2024, for QIB, NII and Retail Investors. The IPO will close on September 11, 2024.
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What is the Share Samadhan IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
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What is the Share Samadhan Issue Size?
Share Samadhan issue size is ₹24.06 crores.
-
What is the Share Samadhan IPO Price Band?
Share Samadhan IPO Price Band is ₹70 to ₹74.
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What is Share Samadhan IPO Lot Size?
The minimum bid is 1600 Shares with ₹118,400.
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What is the Share Samadhan IPO Allotment Date?
Share Samadhan IPO allotment date is September 12, 2024.
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What is the Share Samadhan IPO Listing Date?
Share Samadhan IPO listing date is September 16, 2024. The IPO is to be listed on BSE and SME.
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What is the current GMP of Share Samadhan?
The current GMP of Share Samadhan is ---.
RHP:
RHP of Share Samadhan Limited IPO.
DRHP:
DRHP of Share Samadhan Limited IPO.
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What is the Share Samadhan IPO?
Share Samadhan IPO is a SME IPO. The company is going to raise ₹24.06 Crores via IPO. The issue is priced at ₹70 to ₹74 per equity share. The IPO is to be listed on BSE & SME.
-
When will the Share Samadhan IPO open for subscription?
The IPO is to open on September 9, 2024, for QIB, NII and Retail Investors. The IPO will close on September 11, 2024.
-
What is the Share Samadhan IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
-
What is the Share Samadhan Issue Size?
Share Samadhan issue size is ₹24.06 crores.
-
What is the Share Samadhan IPO Price Band?
Share Samadhan IPO Price Band is ₹70 to ₹74.
-
What is Share Samadhan IPO Lot Size?
The minimum bid is 1600 Shares with ₹118,400.
-
What is the Share Samadhan IPO Allotment Date?
Share Samadhan IPO allotment date is September 12, 2024.
-
What is the Share Samadhan IPO Listing Date?
Share Samadhan IPO listing date is September 16, 2024. The IPO is to be listed on BSE and SME.
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What is the current GMP of Share Samadhan?
The current GMP of Share Samadhan is ---.
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