Share Samadhan Ltd IPO

Share Samadhan Ltd IPO

The company is in the business of Investment retrieval services, offering consultation on matters concerning unlocking value and resolving investor grievances related to various financial assets such as equity shares, preference shares, mutual funds, debentures, bonds, insurance, provident funds, deposits, bank accounts, debts and other asset classes. Further, It also assists in retrieval of unclaimed and unpaid dividends, interests, as well as addressing issues like old, lost, forgotten or damaged financial instruments such as physical shares, old mutual fund papers, old insurance / PF papers etc. and facilitating transfer and transmission processes and other allied services.

Share Samadhan Ltd IPO Details

Total Shares Offered

₹ 32,51,200

Offer to Public

TBA

Retail Max (Shares)

₹ 10,81,600

Pre Issue Promoters Holding

₹ 76,70,835

Exchange

BSE

Issue size

₹ 24.06 Cr

IPO Open Date

Sep 9, 2024

Close Date

Sep 11, 2024

Lot Size

1600

Min Investment

₹ 1,12,000

Issue Type

Book Building - SME

Listing Date

Sep 16, 2024

Share Samadhan Ltd IPO Dates

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Sep 9, 2024
Opening date
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Sep 11, 2024
Closing date
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Sep 12, 2024
Basis of Allotment
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Sep 13, 2024
Initiation of Refunds
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Sep 13, 2024
Credit of Shares
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Sep 16, 2024
Listing date

Details

SectorType
SectorMiscellaneous
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Share Samadhan Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations14.449.832.76
EBITDA3.385.270.82
PAT2.293.770.46
Total Assets27.589.851.94
Share Capital12.279.021.11
Total Borrowings8.353.750.87
Operating Activities (Net Cash)2.483.860.57
Investing Activities (Net Cash)-1.270.100.01
Financing Activities (Net Cash)8.353.750.87
Net Cashflow16.353.760.05

About Share Samadhan Ltd

Share Samadhan Limited was incorporated as a private limited company with the name of Tiger Island Hospitality Private Limited under the Companies Act, 1956 vide certificate of incorporation dated December 26, 2011, issued by Registrar of Companies, Delhi, bearing CIN U55101DL2011PTC229303. Further, the company changed its name from Tiger Island Hospitality Private Limited to Share Samadhan Private Limited in pursuance of a special resolution passed by the member of the Company at the Extra Ordinary General Meeting held on February 24, 2015 & Registrar of Companies, Delhi has issued a new certificate of incorporation consequent upon conversion dated March 05, 2015, bearing CIN: U67190DL2011PTC229303. Furthermore, the company was converted into a Public Limited Company in pursuance of a special resolution passed by the members of the Company at the Extra-Ordinary General Meeting held on March 15, 2022 & name of the Company changed from Share Samadhan Private Limited to Share Samadhan Limited & Registrar of Companies, Delhi has issued a new certificate of incorporation consequent upon conversion dated March 28, 2022, bearing CIN: U67190DL2011PLC229303.

India's financial sector is witnessing rapid growth due to the expansion of existing financial services firms and the entry of new entities. The sector includes capital markets, commercial banks, insurance companies, non-banking financial companies, co-operatives, pension funds, mutual funds, provident fund entities, postal savings, and other smaller financial entities. This growth has increased the complexity of managing financial assets, leading to higher volumes of unclaimed investments across various asset classes. The potential market size of Investments Retrieval Services in India is Rs.5,79,788 crores. This substantial amount underscores the critical need for effective management and retrieval services that can help unlock these unclaimed assets. INTRODUCTION- THIRD PARTY LITIGATION FUNDING Third-party Litigation Funding (TPLF) has emerged as an opportunity with very high growth potential. The global litigation funding market is expected to exceed $57.2 billion by 2035 (growing at a CAGR of 13.14%)1. As India's economy grows, it is expected that the number of civil litigations is likely to increase. In the initial stage, globally, single-case funding was popular, however, currently, portfolio arrangements, class action, breach of contract suits, insolvency cases, anti-trust proceedings and patent related suits are the most common type of litigation finance. In India, the focus currently is on breach of contract cases, commercial civil suits, arbitration, and insolvency proceedings.

The company is in the business of Investment retrieval services, offering consultation on matters concerning unlocking value and resolving investor grievances related to various financial assets such as equity shares, preference shares, mutual funds, debentures, bonds, insurance, provident funds, deposits, bank accounts, debts and other asset classes. Further, It also assists in retrieval of unclaimed and unpaid dividends, interests, as well as addressing issues like old, lost, forgotten or damaged financial instruments such as physical shares, old mutual fund papers, old insurance / PF papers etc. and facilitating transfer and transmission processes and other allied services.

Share Samadhan Ltd Key Points

Strengths

Good track record.

Leveraging the experience of its Promoters.

Experienced management team and a motivated and efficient work force.

Quality Deliverables of services.

Adaption to advanced technology.

Risk

Inadequate management of technical glitches may compromise user satisfaction, engagement, and subscriber retention, posing a threat to its website seamless operation and user experience.

The company's business heavily relies on the expertise and guidance of its Directors and Key Managerial Personnel to ensure sustained success. The loss of any of them could have a significant impact on the company.

The success of its business is highly dependent on its relationships with the company's business associates. Any loss of these associates, or their unavailability, could have a significant negative impact on the business and its operations, potentially leading to increased costs, decreased revenue, and damage to the business's reputation.

Strategy

Expand its international presence.

Expansion of B2C channels through enhanced digital marketing and social media strategies.

Embracing new technologies.

Strengthening B2B relationships and fostering additional partnerships for increased lead flow.

How To Apply for Share Samadhan Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Share Samadhan Ltd IPO?

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Share Samadhan Ltd's IPO offers shares for up to 24.06 It begins on Sep 9, 2024 and ends on Sep 11, 2024.

What is the price of the Share Samadhan Ltd IPO?

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The price of Share Samadhan Ltd IPO ranges between ₹70 to ₹74 per share.

What are the open and close dates for the Share Samadhan Ltd IPO?

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The Share Samadhan Ltd IPO opens on Sep 9, 2024 and closes on Sep 11, 2024.

When will the Share Samadhan Ltd IPO be allotted?

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The allotment for the Share Samadhan Ltd IPO will be finalised on Sep 12, 2024. The shares will be listed on BSE and NSE on Sep 16, 2024.

What is the minimum lot size required for Share Samadhan Ltd IPO?

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The minimum lot size for Share Samadhan Ltd IPO is 1600 shares, priced between ₹70 to ₹74 per share.

What is the GMP of Share Samadhan Ltd IPO?

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The GMP (Grey Market Premium) of Share Samadhan Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Share Samadhan Ltd IPO?

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To check the allotment status of Share Samadhan Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Share Samadhan Ltd IPO getting listed?

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The Share Samadhan Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Sep 9, 2024, and closes on Sep 11, 2024. The allotment is finalised on Sep 12, 2024.

How do you apply for the Share Samadhan Ltd IPO?

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To apply for the Share Samadhan Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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