The Share Samadhan IPO is scheduled to open on September 9, 2024, and will close on September 11, 2024. This is a Book Built Issue, through which the company aims to raise approximately ₹24.06 crores. The IPO consists of a fresh issue of ₹24.06 crores and an offer for sale of up to [.] equity shares, each with a face value of ₹10.
The price band for the Share Samadhan IPO is set between ₹70 to ₹74 per share. The allocation is divided as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). The IPO allotment will be finalized on September 12, 2024, and the shares are expected to be listed on the Bombay Stock Exchange (BSE) on September 16, 2024.
In terms of financial performance, Share Samadhan reported a revenue of ₹9.96 crores for 2024, a significant increase from ₹2.76 crores in 2023. The company also saw a substantial rise in profit, reaching ₹3.91 crores in 2024, compared to ₹0.48 crores in the previous year. Considering these strong financial results, investors might consider applying for the IPO with a long-term investment perspective.
Share Samadhan IPO Objectives:
The Company proposes to utilize the funds which are being raised towards funding the following objects and achieve the benefits of listing on the SME platform of BSE. The objects of the Issue are:
- 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.
Share Samadhan IPO Review (Apply or Not)
- Update soon
Share Samadhan IPO Date & Price Band Details:
| IPO Open Date: | September 9, 2024 |
| IPO Close Date: | September 11, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹[.] to ₹[.] Per Share |
| Issue Size: | Approx ₹[.] Crores |
| Fresh Issue: | Approx ₹[.] Crores |
| Offer for Sale: | NA |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Share Samadhan IPO Lot Size:
The minimum market lot for the Share Samadhan IPO is 1,600 shares, requiring an application amount of ₹118,400.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹118,400 |
| Retail Maximum | 1 | 1600 | ₹118,400 |
| HNI Minimum | 2 | 3200 | ₹236,800 |
Share Samadhan IPO Timeline:
The Share Samadhan IPO will open on September 9 and close on September 11. Allotment for the IPO will be finalized on September 12, with shares scheduled to list on the stock exchange on September 16.
| 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 |
Share Samadhan IPO GMP Today:
- Update soon
Promoters of Share Samadhan
The promoters of Share Samadhan Limited are Mr. Abhay Kumar Chandalia and Mr. Vikash Kumar Jain.
About Share Samadhan
Share Samadhan Limited is India’s leading organization specializing in the recovery of unclaimed investments and properties. The company provides a comprehensive solution for retrieving investments, safeguarding wealth, and funding legal disputes. Share Samadhan assists in reclaiming dividends, interest, and forgotten or misplaced financial instruments. Additionally, through its affiliate Nyaya Mitra Limited, the company offers financial support for litigation, including property disputes, high-value commercial conflicts, family matters, debt recovery, and international arbitration cases. Share Samadhan aims to be the foremost leader in unclaimed investment recovery, delivering all-encompassing solutions to protect and secure wealth
Share Samadhan Company Financial Report
The company reported revenue of ₹9.96 crores in 2024 against ₹2.76 crores in 2023. The company reported a profit of ₹3.91 crores in 2024 against a profit of ₹0.48 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹2.42 | ₹1.97 | ₹0.61 | ₹4.26 |
| 2023 | ₹2.76 | ₹2.15 | ₹0.48 | ₹4.79 |
| 2024 | ₹9.96 | ₹4.50 | ₹3.91 | ₹14.22 |
Share Samadhan IPO Valuation – FY2024
Check Share Samadhan IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 34.71% |
| ROCE: | 47.42% |
| EBITDA Margin: | 56.42 % |
| PAT Margin: | 40.61% |
| Debt to equity ratio: | 0.07 |
| Earning Per Share (EPS): | ₹4.46 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 34.71% |
| Net Asset Value (NAV): | ₹12.04 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| NA | NA | NA | NA | NA | NA |
Share Samadhan IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
IPO Lead Managers aka Merchant Bankers
- Narnolia Financial Services Ltd
Company Address
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/
Share Samadhan IPO FAQs
1. What are the key dates for the Share Samadhan IPO?
- IPO Open Date: September 9, 2024
- IPO Close Date: September 11, 2024
- Allotment Date: September 12, 2024
- Listing Date: September 16, 2024
2. What is the minimum market lot for the Share Samadhan IPO?
The minimum market lot is [.] shares, with an application amount of ₹[.].
3. What is the price band for the Share Samadhan IPO?
The price band for the Share Samadhan IPO is ₹[.] to ₹[.] per share.
4. How is the Share Samadhan IPO allocation divided?
- Retail Investors: 35%
- Qualified Institutional Buyers (QIBs): 50%
- High Net-Worth Individuals (HNIs): 15%
5. Who are the promoters of Share Samadhan?
The promoters of Share Samadhan Limited are Mr. Abhay Kumar Chandalia and Mr. Vikash Kumar Jain.
6. What does Share Samadhan Limited do?
Share Samadhan Limited is the largest organization in India for recovering unclaimed investments and properties. They offer solutions for retrieving investments, protecting wealth, and funding legal disputes. Their services include reclaiming dividends, interests, and misplaced financial instruments, as well as providing funds for litigation through Nyaya Mitra Limited for various legal matters.
7. What were the recent financial highlights of Share Samadhan?
In 2024, Share Samadhan reported a revenue of ₹9.96 crores, up from ₹2.76 crores in 2023. The company also reported a profit of ₹3.91 crores for 2024, compared to ₹0.48 crores in 2023.
8. Why should investors consider applying for the Share Samadhan IPO?
Given Share Samadhan’s strong financial performance and comprehensive range of services in the unclaimed investments sector, investors might consider applying for the IPO with a long-term perspective.
