-- / 428 shares
₹ 66.00 Cr
Retail Gain/Listing Gain
Udayshivakumar Infra Limited is engaged in the business of construction of roads including National Highways, State Highways, District Roads, and Smart Roads under the PM’s Smart City Mission projects, and Smart Roads under Municipal Corporations, Bruhat Bengaluru Mahanagara Palike (BBMP) and Local Area Roads in various Taluka Places etc., in the State of Karnataka. It is also engaged in the constructions of bridges across Major and Minor Rivers, Railway over Bridges (ROB), construction of Major and Minor Irrigation and canal projects, Industrial Areas, based in the State of Karnataka.
The company bids for Roads, Bridges, Irrigation & Canals, Industrial Area construction projects in the State of Karnataka. In addition to independently undertaking projects, the company also enters into joint ventures with other infrastructure companies in the industry to jointly bid and execute larger projects.
Over the years, the company has developed established roads under BOQ and EPC business and have gradually added facilities to support and supplement the road and irrigation construction business. As part of its in-house integrated model, the company has developed in-house resources with key competencies to deliver a project from conceptualization to completion that includes the design and engineering teams.
Here are a few strategies Udayshivakumar Infra Limited has for its business:
Maintain focus on Roads, Bridge and Irrigation projects construction
Expansion of geographical footprint
Enter into joint venture arrangements with other infrastructure companies - to bid and execute large value projects.
Leverage core competencies with enhanced in-house integration
And finally here’s a look at key financials of Udayshivakumar Infra Limited
Particulars (in Rs. million)
How to apply for IPO through ASBA
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The Udayshivakumar Infra Limited IPO has an issue size of Rs. 66 crores. The IPO opens for subscription on 20th March and ends on 23rd March.
The allotment dates are yet to be announced.
MAS Services Limited is the registrar for this IPO.