The Share Samadhan IPO is set to open on September 9, 2024, and will close on September 11, 2024. Importantly, this is a Book Built Issue, with the company aiming to raise ₹24.06 crores. Specifically, the IPO consists of a fresh issue of ₹24.06 crores, along with an offer for sale of up to [.] equity shares, each having a face value of ₹10.
Table of contents
- Share Samadhan IPO Overview
- Company Details
- Key Dates
- Financials (₹ in Crores)
- IPO Lot Size
- The objective of the Issue
- Company Promoters
- Share Samadhan IPO GMP (Grey Market Premium)
- Share Samadhan IPO Application Form PDF
- Share Samadhan IPO Subscription Status
- Share Samadhan IPO Allotment Status
- IPO Review
- Share Samadhan IPO Registrar
- Share Samadhan IPO Lead Manager
- Share Samadhan IPO Limited Contact
- FAQs
Share Samadhan IPO Overview
| Overview Points | Description |
|---|---|
| Company Name | Share Samadhan Limited |
| Industry | Financial Services |
| IPO Issue Type | Book Built Issue |
| Open Date | September 09, 2024 |
| Close Date | September 11, 2024 |
| Total Issue Size | ₹24.06 Crores(3,251,200 Equity Shares) |
| Face Value | ₹10 Per Equity Share |
| Fresh Issue | ₹24.06 Crores(3,251,200 Equity Shares) |
| Price Band | ₹70 to ₹74 per share |
| Listing on | BSE SME |
| Lot Size | 1600 Shares |
| Offer for Sale | N/A |
| Shares Offered to Retail | 35% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
Company Details
Share Samadhan Limited is currently India’s leading organization for recovering unclaimed investments, money, and properties. The company offers a one-stop solution for reclaiming investments, protecting wealth, and funding lawsuits. Additionally, they assist in recovering dividends, interest, and misplaced financial instruments. Moreover, through their subsidiary Nyaya Mitra Limited, they provide litigation funding for cases involving property disputes, high-value commercial conflicts, family disputes, debt recovery, international arbitration, and more. Ultimately, Share Samadhan aims to lead the sector in recovering unclaimed investments while offering comprehensive wealth protection solutions.
Founded in 2011 as Tiger Island Hospitality Private Limited, Share Samadhan Limited now offers a broad range of services to help clients recover and secure their investments effectively.
The company operates across three main business lines:
- Firstly, Investment Retrieval Services (Share Samadhan Limited) focuses on unlocking value and resolving issues with financial assets such as equities, mutual funds, bonds, insurance, and bank deposits. They furthermore assist in recovering unclaimed dividends and interest, addressing issues with old or damaged financial instruments, and facilitating transfers and transmissions.
- In addition, their Wealth Protection Services (Wealth Samadhan Pvt. Limited) provide a comprehensive digital solution through the Wealth Samadhan Card, which protects and optimizes investment data.
- Lastly, through Litigation Funding Solutions (Nyaya Mitra Limited), they offer tailored funding for various legal cases, including property disputes, commercial litigation, and arbitration.
Key Dates
| Events | Date |
|---|---|
| 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 |
Financials (₹ in Crores)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | ₹14.22 | ₹4.78 | ₹4.25 |
| Revenue | ₹9.96 | ₹2.76 | ₹2.42 |
| Profit After Tax | ₹3.91 | ₹0.47 | ₹0.60 |
| Net Worth | ₹11.28 | ₹3.59 | ₹3.13 |
| Reserves and Surplus | ₹2.26 | ₹2.48 | ₹2.02 |
| Total Borrowing | ₹0.87 | ₹0.61 | ₹0.60 |
IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,18,400 |
| Retail (Max) | 1 | 1600 | ₹1,18,400 |
| HNI (Min) | 2 | 3200 | ₹2,36,800 |
The objective of the Issue
- Firstly, to cover expenses related to investment in technology.
- Additionally, to fund unidentified acquisitions for the company, both within India and abroad.
- Furthermore, to address the company’s working capital needs.
- Moreover, it supports general corporate purposes.
- Finally, to cover issue-related expenses.
Company Promoters
- Mr. Abhay Kumar Chandalia
- Mr. Vikash Kumar Jain
Share Samadhan IPO GMP (Grey Market Premium)
Are you curious about the latest Grey Market Premium (GMP) for the Share Samadhan IPO? Look no further! Visit our dedicated IPO GMP section where we keep you in the loop with daily updates on all IPOs, including Share Samadhan Limited. Additionally, stay ahead of the game with real-time GMP insights that can help you make informed investment decisions. Whether you’re a seasoned investor or just getting started, our updates have got you covered!
Share Samadhan IPO Application Form PDF
To download the Share Samadhan IPO application form, simply check out the IPO Forms. Additionally, you can download the ASBA IPO Forms PDF.
Share Samadhan IPO Subscription Status
This IPO subscription kicks off on September 9, 2024! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!
Share Samadhan IPO Allotment Status
To check the Share Samadhan IPO allotment status go to the IPO registrar website Skyline or go to IPO Allotment.
To check allotment status. Firstly, follow the steps below:
- Firstly, go to the link given above.
- Secondly, select the company name.
- Then, enter your PAN Number, Beneficiary Number, Application Number, or CAF Number.
- Finally, submit the details to get the allotment status.
IPO Review
Strengths:
- The Share Samadhan IPO also has notable strengths.
- Firstly, Share Samadhan Limited is a leader in the market for recovering unclaimed investments and properties, reflecting a strong market presence.
- Additionally, the company offers a comprehensive range of services, including investment retrieval, wealth protection, and litigation funding, which can appeal to a broad clientele.
- Moreover, the company benefits from an experienced management team, which enhances its ability to implement effective business strategies.
- Furthermore, the growing demand for investment recovery and wealth protection services presents an opportunity for significant growth.
- Finally, the company’s innovative digital solutions and tailored litigation funding options provide added value and differentiation in the market.
Risks:
- The Share Samadhan’s IPO faces several potential risks.
- Firstly, its performance may be influenced by overall market conditions, which can be unpredictable and volatile.
- Additionally, changes in regulations or compliance requirements could impact the company’s operations and financial performance.
- Moreover, any operational disruptions or challenges in scaling its business might affect profitability.
- Furthermore, intense competition from other firms offering similar services could hinder the company’s ability to capture the desired market share.
- Finally, the company’s reliance on a few major clients for revenue means that any loss or reduction in business from these clients could lead to financial instability.
Share Samadhan IPO Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone: +91-11-40450193-97
Email: compliances@skylinerta.com
Website: www.skylinerta.com
Share Samadhan IPO Lead Manager
NARNOLIA FINANCIAL SERVICES LIMITED
201, 2nd Floor, Marble Arch, 236 B A.J.C Bose Road,
Kolkata, West Bengal- 700020, India
Phone: +91-8130678743
Email: pankaj.passi@narnolia.com
Website: www.narnolia.com
Share Samadhan IPO Limited Contact
SHARE SAMADHAN LIMITED
B-35, Lower ground Floor, South Extension
Part-II, New Delhi- 110049
Phone: 01149084044
E-mail: info@sharesamadhan.com
Website: www.sharesamadhan.com
FAQs
The IPO is set to open on September 9, 2024, for QIB, NII, and Retail Investors. Subsequently, it will close on September 11, 2024.
Specifically, the allocation is as follows: 50% for QIBs, 15% for NIIs, and 35% for retail investors.
You can apply for Share Samadhan’s IPO either online via ASBA through your bank account or alternatively through UPI via your stock brokers. Additionally, you may also apply by filling out the offline form with your stock brokers.
The allotment date for the Share Samadhan’s IPO is September 12, 2024.
Finally, the listing date for the Share Samadhan IPO is September 16, 2024, and it will be listed on both BSE and SME.
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