The book-built issue of Rs 491.66 crore is the Sadbhav Infra IPO. The offering for sale of 0.65 crore shares and a new issue of Rs 425.00 crore comprise this issue. The sales period for the Sadbhav Infra initial public offering (IPO) was August 31, 2015 – September 2, 2015. On September 16, 2015, the shares were listed on the BSE and NSE. The pricing range for the Sadbhav Infra IPO is ₹100 to ₹103 per share. A minimum of 145 shares is required for an application lot size. Retail investors are needed to invest a minimum of ₹14,935.
Founded in 2007, Sadbhav Infrastructure Project Limited is one of India’s top road BOT businesses, specializing in the construction, management, and upkeep of roads, highways, and related projects. In various Indian states, including Maharashtra, Gujarat, Rajasthan, Karnataka, Haryana, Madhya Pradesh, and Telangana, as well as border checkpoints in the state of Maharashtra, Sadbhav Infra is responsible for the construction, management, and upkeep of state and federal highways and roads. Sadbhav Infra generates revenues primarily from toll collection and service fee
and annuity receipts. The 10 BOT projects that the company is working on consist of six road projects that are fully operating, one border check post project that is partially operational, and three projects that are in various phases of construction. There are ten BOT projects total, nine of which are toll projects.
Sadbhav Infra IPO Details
| IPO Date | August 31, 2015 to September 2, 2015 |
| Listing Date | September 16, 2015 |
| Face Value | ₹10 per share |
| Price Band | ₹100 to ₹103 per share |
| Lot Size | 145 Shares |
| Total Issue Size | [.] shares (aggregating up to ₹491.66 Cr) |
| Fresh Issue | [.] shares (aggregating up to ₹425.00 Cr) |
| Offer for Sale | 6,471,524 shares of ₹10 (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Sadbhav Infra IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 145 | ₹14,935 |
| Retail (Max) | 13 | 1885 | ₹194,155 |
Sadbhav Infra IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | – | NA |
| QIB Shares Offered | 14,465,730 (50.61%) | NA |
| NII (HNI) Shares Offered | 6,970,728 (24.39%) | |
| Retail Shares Offered | 4,647,152 (16.26%) | 32,049 |
| Employee Shares Offered | 2,500,000 (8.75%) | NA |
| Total Shares Offered | 28,583,610 (100%) |
Sadbhav Infra Company Financials
| Particulars | 31 Mar 15 | 31 Mar 14 | 31 Mar 13 | 31 Mar 12 |
|---|---|---|---|---|
| Total Income | 5,280.49 | 3,926.60 | 3,154.25 | 1,987.48 |
| Profit After Tax (PAT) | -3,015.61 | -1,559.37 | -456.66 | 97.99 |
Objects of the Issue (Sadbhav Infra IPO Objectives)
The issue comprises a fresh issue and an offer for sale.
Offer for Sale : The selling Shareholders will be entitled to the proceeds of the offer for sale net of their proportion of issue-related expenses. The company will not receive any proceeds from the offer for sale.
Fresh Issue :
The company proposes to utilize the net proceeds from the fresh issue towards funding the following objects:
- 1. Repayment or pre-payment, in full or part, of certain loans availed by our Company from ICICI Bank Limited and SEL, our corporate Promoter;
- 2. Equity investment and advancing of sub-ordinate debt to our subsidiary, SUTPL, for part financing of the SUTPL Project; and
- 3. General corporate purposes
Sadbhav Infra IPO Listing Details
| Listing Date | September 16, 2015 |
| BSE Script Code | 539346 |
| NSE Symbol | SADBHIN |
| ISIN | INE764L01010 |
| Final Issue Price | ₹103 per share |
Sadbhav Infra Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹103.00 | ₹103.00 |
| Open | ₹110.75 | ₹111.00 |
| Low | ₹106.00 | ₹106.00 |
| High | ₹112.25 | ₹112.45 |
| Last Trade | ₹106.15 | ₹106.20 |
Sadbhav Infrastructure Project Limited Contact Details
Sadbhav Infrastructure Project Limited
Sadbhav House,
Opposite Law Garden Police Chowki,
Ellisbridge, Ahmedabad, 380-006
Phone: +91 79 2646 3384
Email: [email protected]
Website: http://www.sadbhavinfra.co.in
Sadbhav Infra IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in
Sadbhav Infra IPO FAQs
Q1. What is Sadbhav Infra IPO?
Ans. Sadbhav Infra IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹491.66 Crores. The issue is priced at ₹100 to ₹103 per share. The minimum order quantity is 145 Shares. The IPO opens on August 31, 2015, and closes on September 2, 2015.
Q2. When Sadbhav Infra IPO will open?
Ans. The Sadbhav Infra IPO opens on August 31, 2015 and closes on September 2, 2015.
Q3. What is the lot size of Sadbhav Infra IPO?
Ans. Sadbhav Infra IPO lot size is 145 Shares, and the minimum amount required is ₹14,935.
Q4. When is Sadbhav Infra IPO listing date?
Ans. The Sadbhav Infra IPO listing date is on September 16, 2015.
