Company Profile
Shantidoot Infra Services Limited was integrated in 2019 headquartered in Patna (Bihar). The company mainly focuses on and contributes its construction services to the healthcare, education, and hospitality sector. Currently, the company is operating its business in the Indian states of Bihar and Jharkhand
The company has carried out multiple projects such as Kerua Pond Renovation under the M.I. Nalanda Division at Block-Giriyak, Sarmera and Silao (Government Projects) and Gautam Institute of Nursing, Gautam Institute of Pharmacy, Mata Sushila Institute of Education, Shantidoot Hospital, among others (Private Projects).
Business Information
Shantidoot Infra started its operation in 2019 and started its constructions for the schools, colleges, hospitals, etc. it also undertakes institutional Services such as re-designing, re-modelling and renovating establishments as per the consumer’s need.
The company was incorporated on 11 March 2019. It is classified as a Non-govt company and is registered at the Registrar of Companies, Patna. Its authorized share capital is Rs. 1,000,000 and its paid-up capital is Rs. 500,000. It is involved in Other service activities
Facts about the Company
- Ever since the company started its operation in the state of Bihar which is a developing state on various parameters of development indicators such as health, education, basic infrastructure, etc. Eventually, the company had a slow growth of all these developmental inputs retarded private sector players, from both inside and outside, to invest their resources in Bihar.
- Over the short span of years during the company's developmental face, Shantidoot's Promoter Mr. Avijeet Kumar a ground level experience in executing a wide set forth of social developmental & welfare projects conceptualized, to establish a Company mainly engaged in the construction of institutional buildings like schools, colleges, hotels, offices, hospitals, etc.
- The company's performance has been the best in the trailing years and has been awarded three State Government Projects under JAL-JEEVAN-HARIYALI Mission (JJHM). The mission mode accelerated the implementation of 11 target interventions and the project has been established especially to embark the time bounds.
Points to note before investing in Shantidoot Infra Services IPO
- Shantidoot Infra Services IPO is an SME IPO of 496,000 equity shares with a face value of ₹10 aggregating up to ₹4.02 Crores. The issue is priced at ₹81 per share. The minimum order quantity is 1600 Shares.
- The Company has an Experienced Management team and skilled manpower and has a Direct Relationship with Suppliers.
- To know the company's financial performance over a year, refer to the table below-
| FY 2020
| FY 2021
| FY 2022
|
Revenue
| 219.33
| 415.81
| 762.13
|
Expenses
| 215.48
| 404.23
| 570.66
|
Net income
| 2.81
| 8.53
| 140.39
|
Objective of the IPO
It is a Fixed Price Issue IPO. All the funds and the objective of the offer are just to use funds for their working Capital Requirements, and also for general corporate purposes.
Shantidoot Infra Services IPO Details
Opening Date
| Sept 6, 2022
|
Closing Date
| Sept 9, 2022.
|
Issue type
| Fixed Price Issue IPO
|
Face Value
| ₹10 per share
|
Issue Price
| ₹81 per share
|
Lot Size
| 1600 shares
|
IPO Price
| ₹4.02 Cr
|
Listing At
| BSE, SME
|
Allotment, Listing & Refund Details
Finalization of Basis of Allotment
| Sep 14, 2022
|
Initiation of Refunds
| Sep 15, 2022
|
Credit of Equity Shares
| Sep 16, 2022
|
Listing Date
| Sep 19, 2022
|
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