Share Samadhan IPO Details
Share Samadhan IPO Summary
Share Samadhan IPO opens for subscription on 09 Sep 2024 and closes on 11 Sep 2024.The IPO will be listed on BSE with the tentative listing date set for 16 Sep 2024.
Share Samadhan IPO price band has been fixed at ₹70 – ₹74 per share. The face value is ₹10 per share with a lot size of 1600.
Share Samadhan IPO total issue size comprises 32,51,200 shares (aggregating up to ₹24.06 Cr). This includes a fresh issue of 32,51,200 shares (aggregating up to ₹24.06 Cr). Pre-issue shareholding stands at 90,18,903, which will increase to 1,22,70,103 post-issue.
Share Samadhan IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
Share Samadhan IPO Lot Size :Retail Minimum is 1 lot (1,600 shares) amounting to ₹118,400. Retail Maximum is 1 lot (1,600 shares) amounting to ₹118,400. SHNI Minimum is 2 lots (3,200 shares) amounting to ₹236,800.
The Lead Managers for Share Samadhan IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Narnolia Financial Services Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Nikunj Stock Brokers. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Share Samadhan Limited RHP.
Share Samadhan IPO Details
Share Samadhan IPO Subscription
Share Samadhan IPO Application Wise Breakup
Share Samadhan IPO Dates
- 09 Sep 2024Opening dateOpen
- 11 Sep 2024Closing dateClose
- 12 Sep 2024Allotment Date Allotment
- 13 Sep 2024Initiation of RefundsRefund
- 13 Sep 2024Credit of SharesCredit
- 16 Sep 2024Listing dateListing
Share Samadhan IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1600 | ₹118,400 |
| Retail Maximum | 1 | 1600 | ₹118,400 |
| SHNI Minimum | 2 | 3200 | ₹236,800 |
| SHNI Maximum | 0 | 0 | ₹ |
| BHNI Minimum | 0 | 0 | ₹ |
Share Samadhan IPO Reservation
Promoter Holding
Documents
Share Samadhan IPO Valuations
Share Samadhan Financial Information
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 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 | ||||||||||||||||||||||||||||||
About Share Samadhan IPO
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:
- 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.
- 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.
- 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.
Strength Of Share Samadhan IPO
1. Good track record.
2. Leveraging the experience of its Promoters.
3. Experienced management team and a motivated and efficient work force.
4. Quality Deliverables of services.
5. Adaption to advanced technology.
Risk Of Share Samadhan IPO
1. Inadequate management of technical glitches may compromise user satisfaction, engagement, and subscriber retention, posing a threat to its website seamless operation and user experience.
2. The company's business heavily relies on the expertise and guidance of its Directors and Key Managerial Personnel to ensure sustained success. The loss of any of them could have a significant impact on the company.
3. The success of its business is highly dependent on its relationships with the company's business associates. Any loss of these associates, or their unavailability, could have a significant negative impact on the business and its operations, potentially leading to increased costs, decreased revenue, and damage to the business's reputation.
4. There is outstanding litigation pending against its Promoters which, if determined adversely, could affect the company's business, results of operations and financial condition.
5. Its business model runs largely on a success-based fee structure, in case of any wrong outcomes or nonrecovery of an investment its business operations will be affected.
6. Maintaining the Company image and reputation in the industry is critical to its success, and any failures to do so could damage the company reputation and brand.
7. The company has applied for registration of registration of logo under the Class 36. & the Company is in the process of registration of its logo under the provisions of the Trademarks Act, 1999. If, the company is unable to adequately protect its intellectual property, its may be subject to claims alleging breach of third-party intellectual property rights.
8. Absence of any law and regulation on its Litigation funding business, which can adversely affect its ability to operate, obtain funding, or manage the company's business effectively.
9. If the company is not successful in executing its business and marketing strategies the company results of operations may suffer.
10. The Company had negative cash flows from its operating, investing and financing activities in the previous years, details of which are given below. Sustained negative cash flow could impact on its growth and business.
Objectives Share Samadhan IPO
- To meet the expenses for Investment in Technology;
- To meet the expenses for Unidentified Acquisition for Company (In India or Abroad);
- To meet the Working Capital requirements of the Company;
- To meet the General Corporate Purposes; and
- To meet the Issue Expenses.
Company 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/
Registrar Contact Details
Share Samadhan FAQs
The Share Samadhan IPO is a SME public issue comprising 3251200 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹24.06 Cr. The issue price has been fixed at ₹74 per equity share, and the minimum application size is 1600 shares.
The IPO opens for subscription on 09 Sep 2024, and closes on 11 Sep 2024.
Skyline Financial Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹0 (0%).
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