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Share Samadhan IPO

  • Status: Closed
  • RHP:
  • ₹ 112,000 / 1600 shares

    Minimum Investment

IPO Details

  • Open Date

    09 Sep 2024

  • Close Date

    11 Sep 2024

  • IPO Price Range

    ₹ 70 - ₹74

  • IPO Size

    ₹ 24.06 Cr

  • Listing Exchange

    BSE SME

  • Listing Date

    16 Sep 2024

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IPO Timeline

Share Samadhan IPO Subscription Status

Last Updated: 11th September 2024, 06:31 PM by 5paisa

Share Samadhan IPO is set to open on 09 September 2024 and will close on 11 September 2024. The company offers a range of services designed to help clients protect and recover their investments. It operates through three main divisions Share Samadhan Limited, which focuses on investment retrieval, Wealth Samadhan Pvt Limited, which provides wealth protection services and Nyaya Mitra Limited, which offers litigation funding solutions.

The IPO includes a fresh issue of 32.51 lakh shares aggregating ₹24.06 Cr and it does not include an offer for sale. The price is set between ₹70 - ₹74 per share and the lot size is 1600 shares. 

The allotment is scheduled to be finalised on 12 September 2024. It will go public on BSE SME, with a tentative listing date of 16 September 2024.

Narnolia Financial Services Ltd is the book-running lead manager, while Skyline Financial Services Private Ltd is the registrar. 
 

Share Samadhan IPO Size

Types Size (₹Cr)
Total IPO Size 24.06
Offer for Sale -
Fresh Issue 24.06

 

Share Samadhan 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 IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)
QIB 2.66 6,19,200 16,46,400 12.18
NII (HNI) 22.44 4,64,000 1,04,14,400 77.07
Retail 18.04 10,81,600 1,95,13,600 144.40
Total 14.59 21,64,800 3,15,74,400 233.65

 

Share Samadhan IPO Anchor Allocation

Anchor Bid Date 06 September 2024
Shares Offered 923,200
Anchor portion Size (In ₹ Cr.) 6.83
Anchor lock-in period end date for 50% shares (30 Days) 12 October 2024
Anchor lock-in period end date for remaining shares (90 Days) 11 December 2024

 

1. Working Capital Requirements.
2. General Corporate Purposes.
3. To cover capital expenditure costs.
4. To meet Public Issue Expenses
5. To cover technology investment costs.
6. To fund potential acquisitions, domestically or internationally.
 

Share Samadhan Limited, originally known as Tiger Island Hospitality Private Limited, was established in 2011. The company focuses on helping clients protect and recover their investments and money through three main services. First, it offers Investment Retrieval Services, providing advisory support to resolve issues related to financial assets such as stocks, mutual funds, bonds, insurance, and more. This includes recovering unclaimed dividends and managing old or damaged financial instruments.

Second, the company provides Wealth Protection services via the Wealth Samadhan Card, a digital tool designed to safeguard and optimize investment data. Third, through its subsidiary, Nyaya Mitra Limited, Share Samadhan Limited offers litigation funding solutions tailored to various legal needs. As of 28 August 2024, the company has 48 employees.

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY24 FY23 FY22
Revenue 9.96 2.76 2.42
EBITDA 5.24 0.78 0.58
PAT 3.91 0.48 0.61
Particulars (in Rs. Crores) FY24 FY23 FY22
Total Assets 14.22 4.79 4.26
Share Capital 9.02  1.11  1.11 
Total Borrowings 0.87 0.62 0.60
Particulars (in Rs. Crores) FY24 FY23 FY22
Net Cash Generated From / (used in) operating activities 0.29  1.84  -0.33
Net Cash Generated From / (used in) investing activities 0.53  -2.01 -0.04
Net Cash Generated From / (used in) financing activities 3.94  -0.02 -0.047
Net Increase (Decrease) In Cash And Cash Equivalents 4.77  -0.19 -0.42


Strengths

1. The company is a leader in recovering unclaimed investments, and it has a decade of experience.

2. The company's proven success and focus on client needs make us a reliable choice for recovery.

3. It has a broad network of business partners, helping them recover investments effectively.

4. The company has a solid reputation and a proven track record in the industry.
 

Risks

1. Changes in financial regulations or compliance requirements could affect the company’s operations and increase costs, potentially impacting its ability to recover investments efficiently.

2. Economic downturns or financial instability could reduce the volume of recoverable investments, affecting revenue and growth prospects.

3. Reliance on technology for investment retrieval and wealth protection could pose risks if there are system failures, cybersecurity breaches, or technological disruptions.
 

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FAQs

Share Samadhan IPO opens from 09th September to 11th September 2024.

The size of the Share Samadhan IPO is ₹24.06 Cr.
 

The price band of Share Samadhan IPO is fixed between ₹70 - ₹74 per share. 

To apply for Share Samadhan IPO, follow the steps given below:

●    Login to your 5paisa account and select the issue in the current IPO section    
●    Enter the number of lots and the price at which you wish to apply for the Share Samadhan IPO.    
●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.
 

The minimum lot size of Share Samadhan IPO is 1600 shares and the minimum investment required is ₹112,000.

The share allotment date of Share Samadhan IPO is 12th September 2024

The Share Samadhan IPO will be listed on 16th September 2024.

Narnolia Financial Services Ltd is the book-running lead manager for Share Samadhan IPO.
 

Share Samadhan plans to utilise the raised capital from the IPO for:

1. Working Capital Requirements.
2. General Corporate Purposes.
3. To cover capital expenditure costs.
4. To meet Public Issue Expenses
5. To cover technology investment costs.
6. To fund potential acquisitions, domestically or internationally.