They construct roads including state highways, district roads, smart roads, national highways, Bruhat Bengaluru Mahanagara Palike (BBMP), and local area roads in various Talukas, etc. As of August 31, 2022, it had executed over 30 projects in and around Karnataka and is working on 25 ongoing projects.
It has also set up Ready Mix Concrete (RMC) plants at different locations. After captive consumption, the RMC is also sold to other small contractors, commercial and residential builders.
Objects of the issue:
- Funding incremental working capital requirements;
- General corporate purposes.
Financial Snapshot (₹ Crores)
Period Ended | Total revenue | Total borrowing | PAT | Total Assets | Net Worth |
September 30, 2022 | 107.14 | 39.46 | 10.02 | 178.90 | 78.34 |
March 31, 2022 | 186.39 | 26.48 | 12.15 | 162.61 | 68.32 |
March 31, 2021 | 211.11 | 30.60 | 9.32 | 146.82 | 56.18 |
March 31, 2020 | 194.41 | 33.95 | 10.49 | 158.26 | 46.87 |
IPO Schedule
Issue Period | 20th March to 23rd March 2023 |
Finalization of Allotment | 28th March 2023 |
Initiation of Refunds | 29th March 2023 |
Credit of Shares | 31st March 2023 |
Date of Listing | 3rd April 2023 |
Mandate end date | 8th April 2023 |
Anchor Investors Lock-In End Date | 23rd April 2023 |
How do I apply to the Udayshivakumar Infra Limited IPO?
You can apply for the Udayshivakumar Infra Limited IPO using any supported UPI app by following two steps:- Enter your bid on Kite
- Accept the UPI mandate on your phone
Where do I check the allotment status for Udayshivakumar Infra Limited IPO?
You can check the allotment status for the Udayshivakumar Infra Limited IPO on the website of the Registrar and Transfer agent.Alternatively, you can also check the allotment status on the NSE website.