Aliceblue ANT
Aliceblue ANTInstall and trade smarter everywhere
S

Share Samadhan Ltd

Complete IPO details, including price band, financials, subscription status, and key insights.

Participate in the Share Samadhan Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.

IPO Snapshot

Key metrics and details at a glance.

Price Band

₹74

Per Share

Lot Size

1600 Shares

Minimum Investment

₹1,18,400

Issue Size

₹24.06 Cr

Face Value

₹10

Per Share

IPO Type

Book Building - SME

Retail Quota

35%

QIB Quota

50%

NII Quota

15%

IPO Timeline

Important dates for your applying strategy.

IPO Opens9 Sept
IPO Closes11 Sept
Basis of Allotment12 Sept
Refund Initiation13 Sept
Shares Credited13 Sept
Listing Date16 Sept
IPO Process Completed

Subscription Status

Live demand across investor categories.

Track real-time subscription levels:

*Real-time data subject to exchange updates

Qualified Institutional Buyers (QIB)0.00x
Non-Institutional Investors (NII)0.00x
Retail Individual Investors (RII)0.00x
Overall Subscription0.00x

Share Samadhan Ltd

Business model, operations, and market positioning.

Promoter Holding (Pre-Issue)

85.06%

Promoter Holding (Post-Issue)

62.52%

Issue Type

Book Building - SME

ISIN

INE0LY301010

About the Company

The company is in the business of Investment retrieval services, offering consultation on matters concerning unlocking value and resolving investor grievances related to various financial assets such as equity shares, preference shares, mutual funds, debentures, bonds, insurance, provident funds, deposits, bank accounts, debts and other asset classes. Further, It also assists in retrieval of unclaimed and unpaid dividends, interests, as well as addressing issues like old, lost, forgotten or damaged financial instruments such as physical shares, old mutual fund papers, old insurance / PF papers etc. and facilitating transfer and transmission processes and other allied services.

Industry Overview

India's financial sector is witnessing rapid growth due to the expansion of existing financial services firms and the entry of new entities. The sector includes capital markets, commercial banks, insurance companies, non-banking financial companies, co-operatives, pension funds, mutual funds, provident fund entities, postal savings, and other smaller financial entities. This growth has increased the complexity of managing financial assets, leading to higher volumes of unclaimed investments across various asset classes. The potential market size of Investments Retrieval Services in India is Rs.5,79,788 crores. This substantial amount underscores the critical need for effective management and retrieval services that can help unlock these unclaimed assets. INTRODUCTION- THIRD PARTY LITIGATION FUNDING Third-party Litigation Funding (TPLF) has emerged as an opportunity with very high growth potential. The global litigation funding market is expected to exceed $57.2 billion by 2035 (growing at a CAGR of 13.14%)1. As India's economy grows, it is expected that the number of civil litigations is likely to increase. In the initial stage, globally, single-case funding was popular, however, currently, portfolio arrangements, class action, breach of contract suits, insolvency cases, anti-trust proceedings and patent related suits are the most common type of litigation finance. In India, the focus currently is on breach of contract cases, commercial civil suits, arbitration, and insolvency proceedings.

Company History

Share Samadhan Limited was incorporated as a private limited company with the name of "Tiger Island Hospitality Private Limited" under the Companies Act, 1956 vide certificate of incorporation dated December 26, 2011, issued by Registrar of Companies, Delhi, bearing CIN U55101DL2011PTC229303. Further, the company changed its name from "Tiger Island Hospitality Private Limited" to "Share Samadhan Private Limited" in pursuance of a special resolution passed by the member of the Company at the Extra Ordinary General Meeting held on February 24, 2015 & Registrar of Companies, Delhi has issued a new certificate of incorporation consequent upon conversion dated March 05, 2015, bearing CIN: U67190DL2011PTC229303. Furthermore, the company was converted into a Public Limited Company in pursuance of a special resolution passed by the members of the Company at the Extra-Ordinary General Meeting held on March 15, 2022 & name of the Company changed from "Share Samadhan Private Limited" to "Share Samadhan Limited" & Registrar of Companies, Delhi has issued a new certificate of incorporation consequent upon conversion dated March 28, 2022, bearing CIN: U67190DL2011PLC229303.

Products & Services

  • The company is in the business of Investment retrieval services, offering consultation on matters concerning unlocking value and resolving investor grievances.

Growth Strategy

  • Expand its international presence.
  • Expansion of B2C channels through enhanced digital marketing and social media strategies.
  • Embracing new technologies.
  • Strengthening B2B relationships and fostering additional partnerships for increased lead flow.

Customer Base

Wholesaler and Retailer

Financial Performance

Revenue, profit after tax and total assets across the last 3 reported financial years.

Consolidated figures
Financial Performance Categories

Revenue

+423%vs FY23

Amount in ₹ crore

2.76
9.83
14.4
FY23FY24FY25

Profit After Tax (PAT)

+556%vs FY23

Amount in ₹ crore

0.48
3.91
3.15
FY23FY24FY25

Total Assets

+738%vs FY23

Amount in ₹ crore

4.79
14.2
40.2
FY23FY24FY25

Figures in ₹ crore, on a consolidated basis, as reported for FY23 to FY25.

Objects of the Issue

How the company plans to utilize IPO proceeds.

Use of Proceeds

The funds raised through this IPO will be used for:

Initial public offering up to 32,51,200* equity shares of Rs. 10/- each ("Equity Shares") of Share Samadhan Limited ("SSL" or the "Company") for cash at a price of Rs. 74/- per equity share (the "Issue Price"), aggregating to Rs. 24.06 crores ("The Issue"). Out of the issue, 1,63,200 equity shares aggregating to Rs. 1.21 crores is reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 30,88,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 74/- per equity share aggregating to Rs. 22.85 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.50% and 25.17%, respectively of the post issue paid up equity share capital of the company. *The number of shares to be issued has been revised for the adjustment of lot size. The face value of the equity shares is Rs. 10/- each and the floor price and cap price are 7.00 times and 7.40 times of the face value of the equity shares, respectively.

*Subject to approvals and market conditions.

Strengths & Risks

Key competitive advantages and factors to consider before investing.

Strengths and Risk Factors
  • Good track record.
  • Leveraging the experience of its Promoters.
  • Experienced management team and a motivated and efficient work force.
  • Quality Deliverables of services.
  • Adaption to advanced technology.
  • Inadequate management of technical glitches may compromise user satisfaction, engagement, and subscriber retention, posing a threat to its website seamless operation and user experience.
  • The company's business heavily relies on the expertise and guidance of its Directors and Key Managerial Personnel to ensure sustained success. The loss of any of them could have a significant impact on the company.
  • The success of its business is highly dependent on its relationships with the company's business associates. Any loss of these associates, or their unavailability, could have a significant negative impact on the business and its operations, potentially leading to increased costs, decreased revenue, and damage to the business's reputation.
  • There is outstanding litigation pending against its Promoters which, if determined adversely, could affect the company's business, results of operations and financial condition.
  • Its business model runs largely on a success-based fee structure, in case of any wrong outcomes or nonrecovery of an investment its business operations will be affected.

Frequently Asked Questions

01

What is the minimum investment required to apply for this IPO?

The minimum investment depends on the lot size and the upper price band of the issue. Investors must apply for at least one lot, and the total investment amount is calculated by multiplying the lot size by the upper price band.
02

How is IPO allotment decided?

IPO allotment is determined based on demand and SEBI guidelines. If the IPO is oversubscribed in the retail category, allotment is typically done through a computerized lottery system to ensure fair distribution among eligible applicants.
03

When will I know if shares are allotted to me?

Allotment status is usually finalized a few days after the IPO closes. Once finalized, shares are either credited to your Demat account (if allotted) or the blocked funds are released back to your bank account.
04

Can I modify or cancel my IPO application?

Yes, you can modify or cancel your IPO application anytime before the IPO closing date. Changes can be made through your Alice Blue account, subject to exchange cut-off timings.
05

What happens if the IPO is oversubscribed?

If the IPO receives more applications than the number of shares available, it is considered oversubscribed. In such cases, allotment in the retail category is done on a proportionate or lottery basis, and not all applicants may receive shares.