Udayshivakumar Infra Limited
Udayshivakumar Infra Limited
Udayshivakumar Infra Limited is involved in the construction of roads. Incorporated in 2019, the company builds roads, including district roads, state highways, national highways, the Bruhat Bengaluru Mahanagara Palike (BBMP), the construction of major and minor canal projects, smart roads under municipal corporations, and local area roads.
They bid for the development of bridges, roads, and irrigation systems in the industrial area throughout Karnataka, including State Highway Development Corporations Ltd., Davanagere Harihara Urban Development Authority (DHUDA), National Highways (MORTH), and many more.
The company has completed more than 30 projects in and around Karnataka, since August 31, 2021. Currently, it’s working on 25 projects. The company has twenty-two skilled workers, twenty-seven engineers, and ninety-nine onsite workers for various projects.
Purpose of Issuing an IPO
- To fulfill the working capital requirements
- To meet common corporate expenses
Company Financials (Amount in Crore)
Period Ended | Total Assets | Total Borrowing | Profit After Tax | Net Worth |
31-Mar-21 | 146.82 | 30.60 | 9.32 | 56.18 |
31-Mar-22 | 162.61 | 26.48 | 12.15 | 68.32 |
IPO Details
Opening Date | To be updated |
Closing Date | To be updated |
Face Value | Rs.10 each share |
Lot Size | To be updated |
Listing At | BSE, NSE |
Issue Size |
To be updated (total up to Rs. 60.00 crores) |
Fresh Size |
To be updated (total up to Rs. 60.00 crores) |
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