SHARE SAMADHAN LIMITED

09 Sep 2024 - 11 Sep 2024 Individual Category SME BSE

Min Investment

₹118400

Price Band

₹70-₹74

Issue Size

23.28 lakhs
Equity Shares

Lot Size

1600

IPO Dates
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09 Sep 2024

Open Date

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11 Sep 2024

Close Date

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12 Sep 2024

Allotment Date

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16 Sep 2024

Listing Date

Share Samadhan IPO is open for subscription starting Monday, September 9, 2024, and closing on Wednesday, September 11, 2024. This upcoming IPO's price is Rs 70 to Rs 74 per share. The minimum lot size set for the retail category is 1600 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 3200 shares.  The minimum investment required for retail category investors is Rs 1,37,600 (74 x 1600 shares). However, for the HNI category, the minimum investment amount required is Rs 2,36,800 (74 x 3200 shares). Share Samadhan IPO is a fixed book-built issue of Rs 24.06 crores. This upcoming IPO is a fresh issue of 32.51 lakh equity shares. The allotment for this new IPO is expected to be finalised on Thursday, September 12, 2024. Share Samadhan IPO will be listed on BSE SME on Monday, September 16, 2024.  Narnolia Financial Services Limited is the book-running lead manager, Skyline Financial Services Private Limited is the registrar, and Nikunj Stock Brokers is the market maker for this IPO.

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About Share Samadhan Limited

Share Samadhan Limited was incorporated in 2011, offers a wide range of services for helping clients to protect and recover their investments efficiently. The company has three main businesses - Investment Retrieval Services, Wealth Protection services and Litigation funding solutions.  Investment Retrieval Services, which provides advisory services to unlock value and resolve investor issues related to various financial assets such as equities, preference shares, mutual funds, debentures, bonds, insurance, provident funds, deposits, bank accounts, debt, and other asset classes. The company also offers wealth protection services through Wealth Samadhan Card. Wealth Samadhan Card is a comprehensive digital solution to protect and optimise the protection of investment data.

Founded

2011

Managing Director

Mr. Abhay Kumar Chandalia and Mr. Vikash Kumar Jain

Parent Organization

IPO Objectives

The funds will be used for the expenditure in technology, unidentified acquisition for the company and to meet the working capital needs. The remaining money will be allocated for the general corporate purposes and meeting the issue expenses.

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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