Business description – SS Infrastructure is engaged in the business of Engineering Consultancy and is an Integrated Infrastructure Development solution provider in India. The company provides Architectural Planning, Comprehensive Civil/Structural designs, Project Management Consultancy, Repairs and Rehabilitation, Quality Management Systems through well qualified teams and experienced promoters. The company participates in the tenders floated by the Government authorities, Corporate establishments and other business entities. The pricing of its services is determined on the basis of construction, type of customization, equipment required and estimated duration within which it needs to be completed. The company has executed large projects for organizations like Cyient Limited (formerly known as Infotech Enterprises Limited), Granules India Limited and Government Organizations.
Promoters of SS Infrastructure – Satyanarayana Sundara & Seshagiri Rao Palle
| SS Infrastructure IPO details | |
| Subscription Dates | 28 March – 5 April 2018 |
| IPO Price band | INR37 – 40 per share |
| Fresh issue | 4,278,000 shares (INR15.8 – 17.1 crore) |
| Offer for sale | Nil |
| Total IPO size | 4,278,000 shares (INR15.8 – 17.1 crore) |
| Minimum bid (lot size) | 3,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 35% |
| Listing On | NSE Emerge SME platform |
Use of funds
- Renovation of existing offices and opening of new branch office – INR2.53 crore
- Purchasing of software’s and hardware’s – INR0.56 crore
- Repayment of secured & unsecured loans – INR1.01 crore
- Funding the working capital requirements – INR9.50 crore
- General corporate purposes
| SS Infrastructure’s financial performance (in INR crore) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | H1 FY2018 | |
| Total revenue | 18.8 | 18.5 | 28.3 | 26.6 | 24.7 | 14.6 |
| Total expenses | 15.2 | 14.6 | 22.4 | 21.3 | 19.1 | 10.4 |
| Profit after tax | 2.3 | 2.6 | 3.8 | 3.4 | 3.8 | 2.8 |
SS Infrastructure’s Contact Details
SS Infrastructure Development Consultants Limited
Flat No. 15, Jabbar Buildings
Begumpet, Hyderabad
Telangana – 500 016
Phone: +91 040 6631 0224
Email: [email protected]
Website: www.ssidcon.org
SS Infrastructure IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | Â 0.22 |
| Day 2 | Â 0.62 |
| Day 3 | Â 0.78 |
| Day 4 | Â 1.00 |
| Day 5 | Â 10.98 |
SS Infrastructure Valuation (Latest FY)
Earnings Per Share (EPS): INR4.75
Price/Earnings (P/E) ratio: 7.78 – 8.42
Return on Net Worth (RONW): 20.76%
Net Asset Value (NAV): INR22.87 per share
Registrar of SS Infrastructure IPO
Bigshare Services Private LimitedÂ
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072
Phone:Â +91 22Â 4043 0200Â
Fax:Â +91 22Â 2847Â 5201
Email:Â [email protected]
Website:Â www.bigshareonline.com
SS Infrastructure IPO Allotment Status
SS Infrastructure Development Consultants IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Listing performance of SS Infrastructure
IPO Opening Date: 28 March 2018
IPO Closing Date: 5 April 2018
Finalisation of Basis of Allotment: 10 April 2018
Initiation of refunds: 11 April 2018
Transfer of shares to demat accounts: 12 April 2018
Listing Date: 13 April 2018
Listing Price on NSE SME: INR43.75 per share (up 9.4% from IPO price)
Closing Price on NSE SME: INR42.75 per share (up 6.87% from IPO price)
