Shantidoot Infra Services Limited IPO
i. Since incorporation Shantidoot Infra has gained respect as a specialized provider of construction services to education, healthcare and hospitality sectors. Headquartered at Patna and currently operating business in the Indian states of Bihar and Jharkhand.
ii. The company operate from the state of Bihar which is developing state on various parameters of development indicators like health, education, basic infrastructure, etc. Considering, slow growth of all these developmental inputs retarded private sector players, from both in and outside, to invest their resources in Bihar. In such developmental milieu, our Promoter Mr. Avijeet Kumar a visionary with foresight and ground level experience of executing a wide array of social developmental & welfare projects conceptualized, to establish a Company mainly engaged in construction of institutional buildings like schools, colleges, hospitals, offices, hotels, etc.
iii. In a short span of three years, the company has evolved and grown exponentially into an initiative with a progressive outlook and technically sound professional approach. The company strive to provide innovative, integrated and satisfactory customized solutions to our clients as per their specific needs. We are positioned as a highly professional, reliable, safe, prompt & quality service provider in infrastructure service arena.
iv. Shantidoot Infra secure private sector contracts, in general, through one-to-one negotiation. The pricing of their services is determined through direct negotiation with the client on the basis of the type of construction, estimated project period and type of raw material, equipments & skilled manpower required for executing the project. In general, the services are provided to the customers on credit and they maintain an ongoing account of receivables from customers. The customers generally settle the account on periodic basis. Government contracts are secured through bids as per the public notice issued by government departments, corporations or undertakings.
v. Competitive Strengths :
- Experienced Management team and skilled manpower.
- Direct Relationship with Suppliers.
- Quality Assurance and Standards.
- Established relationship with Subcontractors.
Objects of the Shantidoot Infra Services Limited IPO:
Shantidoot Infra Services Limited IPO Details:
|Open Date:||Sep 06 2022|
|Close Date:||Sep 09 2022|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Issue|
|Issue Size:||4.02 Cr.|
|Lot Size:||1600 Shares|
|Issue Price:||₹ 81 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Sep 19 2022|
Promoters And Management:
Financials of Shantidoot Infra Services Limited IPO:
|Particulars (in Cr)||March 22||March 21||March 20|
|Revenue from operations||7.61||4.15||2.19|
|Cost of Materials Consumed||4.77||3.7||2.01|
|Employee Benefit Expense||0.13||0.09||0.04|
|Profit (Loss) before tax||1.91||0.12||0.04|
|Profit (Loss) for the period||1.40||0.09||0.02|
|Earnings per share||6.82||0.45||0|
Comparison With Peers:
|Name of the Company||P/E||EPS||RONW %||Revenue (In Lakhs)|
|Shantidoot Infra Services Limited||8.94||9.06||89.57%||761|
|Samor Reality Limited||298||0.31||1||173|
|B-Right Real Estate Limited||19.67||7.78||0.80%||40|
|Jaiprakash Associates Limited||-1.48||-6.37||NA||-505.95|
|Ashoka Buildcon Limited||-6.94||4.52||NA||187.98|