Share Samadhan Ltd

Share Samadhan IPO

Share Samadhan Ltd

₹1,12,000 /1600 sharesMinimum investment

IPO details

Minimum investment
₹1,12,000
Price range
₹70 - ₹74
Lot size
1,600
Issue size
24.06 Cr
Face value
10
IPO document

Subscription rate

Data will be available soon

Schedule

9 Sep 2024
IPO open date
11 Sep 2024
IPO close date
12 Sep 2024
Allotment date
12 Sep 2024
Funds unblock or debit
16 Sep 2024
Tentative listing date

About

Share Samadhan provides services through which the company’s clients can recover their forgotten, lost, misplaced, or unclaimed investments/money. The company's primary offerings include investment retrieval, wealth protection through Wealth Samadhan Private Limited, and litigation funding solutions via Nyaya Mitra Limited. The company offers consultation on matters related to investor grievances concerning financial assets. These include equity shares, preference shares, mutual funds, debentures, bonds, insurance, provident funds, deposits, bank accounts, and debt. Share Samadhan assists in recovering unclaimed or unpaid dividends and interest. The company also addresses issues related to old, lost, forgotten, or damaged financial instruments such as physical shares, outdated mutual fund documents, and old insurance or provident fund papers.;
Founded in
2011
MD/CEO
Mr. Abhay Kumar Chandalia
Parent organisation
Share Samadhan Ltd

Share Samadhan Financials

Revenue
Total Assets
Profit
All values are in ₹ Cr
2.422.769.83202220232024

Strengths & Risks

Strengths
Risks
Share Samadhan’s Wealth Samadhan Card enables clients to securely and efficiently manage their investment information, allowing them to record and store all investment details in one encrypted location.
Share Samadhan claims to have a wide network within the industry.
The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 2.42 crore in FY22 to Rs 2.76 crore in FY23 to Rs 9.83 crore in FY24.
The company’s success is dependent on the expertise and knowledge of the directors and key managerial personnel. Any loss of these key members can be detrimental to the company’s growth.
The company's operations rely on its relationships with business associates. Any disruption in these relationships could lead to increased costs, which would reduce the revenue and adversely affect the company’s business.
There are outstanding litigations against the company's promoters. Any adverse judgments in any of these cases could be detrimental to the company’s business prospects.
A major portion of Share Samadhan's revenue is generated through consultancy services. This segment contributed Rs 6.37 crore (64.76%), Rs 0.31 crore (11.12%), and Rs 0.26 crore (10.76%) in FY24, FY23, and FY22, respectively, to revenue from operations. Any adverse developments in this segment or failure to attract more clients could negatively impact the company’s financial position.
The majority of the company's revenue is spent on paying fees to legal professionals for litigation funding solutions and covering marketing expenses.
The company has total outstanding secured borrowings of Rs 0.71 crore and an unsecured loan of Rs 0.23 crore. Any inability to service or repay these loans could adversely affect the company’s business.

Application details

For Share Samadhan IPO, eligible investors can apply as Regular.

Apply asPrice bandApply rangeLot size
Regular₹70 - ₹74₹2 - ₹5 Lakhs1600
High Networth Individual₹70 - ₹74₹2 - ₹5 Lakhs1600

Frequently Asked Questions