Udayshivakumar Infra Limited IPO
Udayshivakumar Infra Limited was a mainboard IPO in the Civil Construction sector, offered at ₹33–₹35 per share to raise ₹66 crore. The issue was subscribed 30.63× overall (QIBs 40.47×, NIIs 60.42×, retail 14.1×). It listed on 3 Apr 2023 at ₹30 and closed its first day at ₹32, a listing loss of -10.0% versus the ₹35 issue price. It now trades around ₹18 (-49.3% versus the issue price).
Frequently asked questions
- How many times was the Udayshivakumar Infra Limited IPO subscribed?
- The Udayshivakumar Infra Limited IPO was subscribed 30.63× overall — 40.47× in the QIB category, 60.42× among non-institutional investors, 14.1× in retail.
- What were the Udayshivakumar Infra Limited IPO listing gains?
- Udayshivakumar Infra Limited listed on 3 Apr 2023 at ₹30, closing its first day at ₹32 — a listing loss of -10.0% versus the ₹35 issue price.
- What were the retail allotment odds for the Udayshivakumar Infra Limited IPO?
- Retail was subscribed 14.1×, so a single-lot application had roughly a 7.1% chance of allotment (about 1 in 14), and allotment was finalised on 28 Mar 2023.
- What was the price band and lot size of the Udayshivakumar Infra Limited IPO?
- The price band was ₹33–₹35 per share, with a minimum lot of 428 shares (₹14,980 at the upper band).
- Who were the registrar and lead manager for the Udayshivakumar Infra Limited IPO?
- MAS Services Limited was the registrar, and Saffron Capital Advisors was the book-running lead manager.