Investing in initial public offerings (IPOs) offers a unique opportunity for individuals to get in early on a company's growth. One such option is the Share Samadhan Limited IPO, which has caught the attention of many investors.
With numerous upcoming IPOs to invest in, it's important to assess each one for its potential carefully. IPO investment allows you to secure shares at the outset, potentially leading to significant returns over time.
As with any financial decision, evaluating the market and understanding the company's prospects are crucial steps. Share Samadhan Limited's IPO is yet another option for investors looking to diversify their portfolios. Take a look at the details of the Share Samadhan Limited IPO closely.
The Share Samadhan IPO is a book-built issue worth Rs 24.06 crore, featuring a fresh issue of 32.51 lakh shares. The IPO investment opportunity opens for subscription on September 9, 2024, and closes on September 11, 2024. Allotment finalisation is expected by Thursday, September 12, 2024. Share Samadhan Limited IPO SME is BSE, with a tentative listing date of September 16, 2024.
For those looking at upcoming IPOs to invest in, this offering presents a chance to secure shares in a growing company. The price band for the Share Samadhan IPO is set between ₹70 and ₹74 per share, offering potential for investors seeking early-stage opportunities.
For the Share Samadhan IPO, the minimum lot size for retail investors is 1,600 shares, requiring a minimum IPO investment of ₹118,400. High Net-Worth Individuals (HNI) are required to apply for at least two lots, totalling 3,200 shares, which equates to ₹236,800.
Narnolia Financial Services Ltd has been appointed as the book-running lead manager for this IPO, ensuring the smooth handling of the offering.
Skyline Financial Services Private Ltd will serve as the registrar for the issue, managing the allotment and other related processes. Nikunj Stock Brokers will act as the market maker, providing liquidity. For those interested in upcoming IPOs to invest in, this offering presents a noteworthy opportunity in a promising sector.
| Share Samadhan Limited IPO open date | September 9, 2024 (Monday) |
| Share Samadhan Limited IPO close date | September 11, 2024 (Wednesday) |
| Date of allotment | September 12, 2024 (Thursday) |
| Refund initiation | September 13, 2024 (Friday) |
| Crediting shares to Demat | September 13, 2024 (Friday) |
| Date of listing | September 16, 2024 (Monday) |
| UPI mandate confirmation | September 11, 2024 by 5 PM |
Share Samadhan Limited, formerly known as Tiger Island Hospitality Private Limited, was established in 2011 and specialises in helping clients recover and safeguard their investments efficiently. The company operates through three core business divisions:
This division provides advisory services to assist investors in unlocking the value of various financial assets, including equities, preference shares, mutual funds, debentures, bonds, insurance policies, provident funds, deposits, and bank accounts. They also help with recovering unclaimed dividends and addressing issues with lost or damaged financial instruments like physical shares and old mutual fund securities.
This service includes the Wealth Samadhan Card, a digital solution designed to protect and manage investment data efficiently.
The company also offers tailored litigation funding services to meet the needs of clients through its subsidiary, Nyaya Mitra Limited.
As of August 28, 2024, Share Samadhan Limited has employed 48 people.
Share Samadhan Limited experienced significant growth in its financial performance. Between the financial years ending on March 31, 2023, and March 31, 2024, the company's revenue surged by 261%. In addition, their profit after tax (PAT) saw an impressive increase of 716% over the same period. The market capitalisation of the Share Samadhan IPO is ₹ 90.8 crore. The Share Samdhan Limited IPO GMP stands at ₹0 as of now.
| Period ended | 31st Mar 2024 | 31st Mar 2023 | 31st Mar 2022 |
| Total 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 |
| Borrowing | 87.09 | 61.85 | 60.38 |
*Amounts in ₹ Lakhs
Share Samadhan Limited showcases notable strengths in its market segment:
Comprehensive Service Offering: The company excels in providing a full spectrum of services, including investment retrieval, wealth protection, and litigation funding.
However, Share Samadhan Limited has some areas of concern:
The Share Samadhan Limited IPO presents an intriguing opportunity for investors. With a market capitalisation of Rs 90.8 crore and a comprehensive range of services—including investment retrieval, wealth protection, and litigation funding—the company demonstrates a strong potential for growth.
Recent financials show impressive performance, with revenue increasing by 261% and profit after tax rising by 716%. The digital solutions offered further enhance its appeal. However, the relatively small workforce of 48 employees and reliance on a success fee model may pose challenges.
Additionally, the company's geographical reach is currently limited. Investors should consider these factors alongside the current grey market premium of ₹0 when evaluating this IPO.
In conclusion, investing in an IPO requires careful consideration of various factors, including the company's financial performance, service offerings, and market position. The Share Samadhan Limited IPO, with its strong service portfolio and impressive recent growth, presents a promising opportunity for investors.
By thoroughly evaluating these aspects and staying informed about market trends, investors can make well-informed decisions. For those looking to explore more investment opportunities, consider using platforms like Ventura for efficient stock trading and investment management.
The Share Samadhan IPO requires a minimum lot size of 1,600 shares, with an investment amount starting at ₹118,400.
The Basis of Allotment for the Share Samadhan IPO is expected to be finalised on Thursday, September 12, 2024. Allotted shares will be credited to your demat account by Friday, September 13, 2024.
The listing date for the Share Samadhan IPO has not been officially confirmed. However, the tentative listing date is set for Monday, September 16, 2024.
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