Current SME IPO in India 2022

Shantidoot Infra Services Limited IPO Detail—-Incorporated in 2019, Shantidoot Infra Services Limited is a specialized provider of construction services to the education, healthcare and hospitality sectors. The company is headquartered in Patna and currently operating a business in the Indian states of Bihar and Jharkhand.

IPO OF Shantidoot Infra Services Limited also carry out projects of re-designing, re-modelling and renovating institutions as per the need of the clients. The company categorises the projects mainly into the government sector and the Private sector. The company secure private sector contracts, in general, through one-to-one negotiation and Government contracts through bids as per the public notice issued by government departments.

The projects undertaken by the company are the Renovation of the Kerua Pond scheme Under M.I. Division Nalanda on Block-Giriyak, Sarmera and Silao (Government projects) and Gautam Institute of Nursing, Gautam Institute of Pharmacy, Mata Sushila Institute of Education, Shantidoot Hospital, among other (Private projects).

Competitive Strengths :

  1. Experienced Management team and skilled manpower.
  2. Direct Relationship with Suppliers.
  3. Quality Assurance and Standards.
  4. Established relationship with Subcontractors.

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-2066.08219.332.817.812.81
31-Mar-21186415.818.5316.3411.34
31-Mar-22352.65762.13140.39156.73151.73
Amount in ₹ Lakhs
Objects of the Issue
The company intends to utilize the Net Fresh Issue Proceeds for the following Objects :
1. Working Capital Requirements.
2. General Corporate Purposes Shantidoot Infra Services IPO Details
Shantidoot Infra Services IPO Date
Sep 6, 2022 to Sep 9, 2022
Shantidoot Infra Services IPO Face Value
₹10 per share
Shantidoot Infra Services IPO Price
₹81 per share
Shantidoot Infra Services IPO Lot Size
1600 Shares
Issue Size
496,000 shares of ₹10
(aggregating up to ₹4.02 Cr)
Fresh Issue
248,000 shares of ₹10

(aggregating up to ₹2.01 Cr)
Offer for Sale
248,000 shares of ₹10
(aggregating up to ₹2.01 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
BSE SME
NII (HNI) Shares Offered
50% of the net offer
Retail Shares Offered
50% of the net offer
Company Promoters
Mr. Avijeet Kumar is the company promoter.

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