Share Samadhan Limited IPO: Review, Valuation, Date & GMP

Share Samadhan IPO-Complete Overview

Share Samadhan IPO an SME IPO is a book built issue of Rs.24.06 crore by Share Samadhan Ltd. formerly Tiger Island Hospitality Private Ltd. which was founded in 2011. The company provides a comprehensive range of services designed to assist clients in effectively safeguarding and recovering their investments and funds.

Three primary business lines comprise the company:

1. Investment Retrieval Services via Share Samadhan Limited: Advisory services to unlock value and address investor concerns regarding a range of financial assets, including stocks, bonds, mutual funds, debentures, insurance, provident funds, deposits, bank accounts, debt, and other asset classes. The company also helps with issues about old, misplaced, overlooked, or damaged financial instruments, including physical shares, old mutual fund securities, old insurance/PF securities, etc. Additionally, it facilitates transfer and transmission procedures and other related services. Finally, it aids in the recovery of unclaimed and unpaid dividends and interest.

2. Wealth Samadhan Pvt Limited offers the following wealth protection services: Through the Wealth Samadhan Card, the company provides additional wealth protection services. It is a complete digital solution designed to safeguard and maximize the security of investment information.

3. Solutions for financing litigation through Nyaya Mitra Limited: Through its subsidiary Nyaya Mitra Limited, the company also provides a variety of litigation funding options that are suited to the complex nature of legal proceedings.

This new SME IPO is to be launched on 09 September 2024, and its ‘initial public offering’ will end on 11 September 2024.

Share Samadhan IPO Overview

The Rs.24.06 crore Share Samadhan Ltd. IPO consists of an entirely fresh issue of 32.51 lac Shares.

This SME IPO date is from September 09-September 11, 2024. The expected IPO listing date is Monday, September 16, 2024, on BSE and SME. Share Samadhan IPO price band is Rs.70 to Rs.74 for each Share.

If You want to apply for the IPO, Click Here to Open a Demat Account.

 

 

 

Company Financial

The company’s revenue grew by 261% and PAT increased by 716% for FYs between 31 March 2024 and 31 March 2023.Below is the synopsis of the company's financial data for the period that concluded 31 March 2024.

• The total assets of the company are Rs.1,422.31lac.

• The total revenue of the company is Rs.996.13 lac.

• The company’s PAT is Rs.391.01 lac.

• The net worth of the company is Rs.1,128.79 lac.

• The company’s EBITDA is Rs.523.72 lac.

 

(Amount in lac)

 

Revenue Bifurcation

The revenue bifurcation (Consolidated) for various activities is shown below:

(Amount in thousands)

 

Segment-wise Revenue Breakdown During The Last Three Fiscals (Consolidated)

(Amount in thousands)

 

Geography-wise Revenue Breakdown During The Last Three Fiscals (Consolidated)

(Amount in thousands)

 

 

 

The Objective of The Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Meeting working capital needs

• To pay for the costs associated with technology investment

• To cover the costs associated with an unidentified company acquisition (in India or outside)

• To cover the costs associated with issues

• General corporate purposes.

 

Peers of Share Samadhan Ltd. 

There are no listed companies in India engaged in the same business of comparable size.

 

Evaluation

Share Samadhan IPO Price is Rs.70 to Rs.74 for each Share.

Evaluation of P/E Ratio

Considering the FY ended 31 Mar 2024 with an EPS of Rs.4.63 from the last year, the resulting P/E ratio is 15.98x.

Considering the weighted EPS of Rs.2.63 for the last three years, the P/E ratio is 28.14x.

Comparative Analysis With Listed Peers

No listed companies. So it is not possible to provide industry comparison.

 

IPO's Strengths 

• Excellent record

• Making use of our Promoters' experience

• An accomplished management group and a driven, productive workforce

• High-quality services delivered

• Adjustment to cutting-edge technologies.

 

IPO’s Weaknesses

• Inadequate handling of technical issues could compromise user experience and happiness as well as engagement and subscription retention, endangering the smooth functioning of the website.

• The company operations will be impacted by any unfavorable outcomes or non-recovery of an investment, as its business model primarily relies on a success-based fee structure.

• The infrastructure of electricity and internet connectivity are essential to its business operations.

• Serious security lapses in its network infrastructure, data, and software and fraud could harm the company.

• The company might not be able to effectively manage or accurately report its financial risk if it is unable to maintain an efficient system of internal controls.

• The company had a negative cash flow from its operating, investing, and financing activities in the past FYs, and sustained negative cash flow could impact its growth and business.

 

Share Samadhan IPO GMP Today

Share Samadhan IPO GMP is Rs.0 as of 06 September 2024.

 

IPO Timetable (Tentative)

The Share Samadhan date is from September 09 to September 11, 2024, with allotment on September 12, refund initiation on September 13, and listing on September 16, 2024.

 

Share Samadhan IPO Details 

The IPO with a Face Value of Rs.10 per Share is set to start on September 09, 2024, close on September 11, 2024, and offer a total issue size of 32,51,200 Shares (aggregating up to Rs.24.06 Cr.).

Share Samadhan IPO Lot Details 

The IPO allows retail investors to invest in a minimum and maximum of 1 Lot (1600 Shares) amounting to Rs.1,18,400 and in multiples thereof, while for HNI investors, the minimum Lot is 2 (3,200 Shares) amounting to Rs.2,36,800.

 

Share Samadhan IPO Reservation

 

Promoters And Management of Share Samadhan Ltd.

• Mr. Abhay Kumar Chandalia

• Mr. Vikash Kumar Jain

IPO Lead Managers

• Narnolia Financial Services Ltd.

 

Dividend Policy

The company has not paid dividends in any year.

Conclusion

The company has experienced negative cash flow in operating, financing, and investing activities in the last fiscal years. To achieve its goals, the company is currently launching an IPO for the general public. We believe the information offered in this blog helps you learn about the company's financial performance. So this blog will be very useful to you if you are looking for information about the approaching IPO since it will give you reliable data about the company's insights, financials, and past performance. If this informative blog piques your interest, you may be interested in reading our other related and useful posts on our website.

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

Disclaimer: 

The content is purely for educational and information purposes only. We do NOT encourage/advise/suggest our active readers to be involved in any kind of buying or selling securities activities. Always consult your eligible financial advisor for investment-related decisions. The author does NOT through this blog intend to involve readers in trading.  

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