Share Samadhan is scheduled to hit the market on September 9, 2024 and close on September 11, 2024. Share Samadhan plans to raise around ₹24.06 Cr through an IPO with a sale of up to 3,251,200 equity shares of ₹10 each. The Retail offered 35.03%, QIB Shares Offered 50%, HNI Shares Offered 15%.
Share Samadhan Limited, formerly known as Tiger Island Hospitality Private Limited, was established in 2011. The company offers services to help clients protect and recover their investments. They focus on Investment Retrieval Services, which assist clients in resolving issues related to various financial assets like stocks, mutual funds, and bank accounts. They also help recover unclaimed dividends and assist with lost or damaged financial instruments.
Additionally, the company provides wealth protection services through Wealth Samadhan Pvt Limited, offering a digital solution called the Wealth Samadhan Card to safeguard investment data. Furthermore, through its subsidiary Nyaya Mitra Limited, Share Samadhan Limited offers litigation funding solutions to support clients involved in legal cases. As of August 28, 2024, the company has 48 employees.
Share Samadhan IPO Details
Share Samadhan IPO opens on September 9, 2024, and closes on September 11, 2024. The Listing date for Share Samadhan IPO is on September 16, 2024. The price band for IPO is ₹70 to ₹74 per share and lot size of 1600 Shares.
| IPO Date | September 9, 2024 to September 11, 2024 |
| Listing Date | September 16, 2024 |
| Price | ₹70 to ₹74 per share |
| Lot Size | 1600 Shares |
| Issue Size | ₹24.06 Cr |
| Face Value | ₹10 per share |
Share Samadhan IPO Tentative Timetable
Share Samadhan opening date is September 9, 2024 and close date is September 11, 2024. The IPO allotment date is September 12, 2024. Therefund initiation of IPO is on September 13, 2024. The credit of shares in demat account is on September 13, 2024. The listing date is on September 16, 2024.
| Event | Date |
|---|---|
| IPO Opening | September 9, 2024 |
| IPO Closing | September 11, 2024 |
| IPO Allotment Date | September 12, 2024 |
| Refund Initiation | September 13, 2024 |
| Shares Credit to Demat | September 13, 2024 |
| Lisiting Date | September 16, 2024 |
Share Samadhan IPO Lot Size
Lot Size of this IPO is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹118,400).
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail(Minimum) | 1 | 1600 | ₹118,400 |
| Retail(Maximum) | 1 | 1600 | ₹118,400 |
| S-HNI (Minimum) | 2 | 3200 | ₹236,800 |
Share Samadhan IPO Promoter Holding
| Pre Issue Share Holding | 85.05% |
| Post Issue Share Holding | 62.52% |
Share Samadhan IPO Review
To be updated soon
Share Samadhan IPO Subscription Status (Bidding Details)
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- Capital Market: To be updated soon
- Anand Rathi: To be updated soon
- SMC Global: To be updated soon
- Arihant Capital: To be updated soon
Share Samadhan IPO FAQs
What is Share Samadhan IPO?
Share Samadhan is issuing 3,251,200 equity shares with a face value of ₹10 each, totaling up to ₹24.06 Cr. The shares are being offered at a price of ₹70 to ₹74 each, with a minimum order quantity of 1600 shares.
Skyline Financial Services Private Ltd is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.
When Share Samadhan IPO will open?
Share Samadhan will open on September 9, 2024 for QIB, NII, and Retail Investors.
When Share Samadhan IPO will end?
Share Samadhan will end on September 11, 2024.
What is Share Samadhan IPO Size?
Share Samadhan IPO size is ₹24.06 Cr.
What is Share Samadhan IPO Price Band?
Share Samadhan price band is ₹70 to ₹74 per share.
What is Share Samadhan IPO Allotment Date?
Share Samadhan allotment date is September 12, 2024.
What is Share Samadhan IPO Listing Date?
Share Samadhan listing date is September 16, 2024. The IPO is to be listed on BSE and NSE.
How to Share Samadhan IPO through Zerodha?
To apply for the IPO “Share Samadhan” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Zerodha.
How to Apply Share Samadhan IPO through Upstox?
To apply for the IPO “Share Samadhan” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Upstox.
How to check Share Samadhan IPO Allotment Status?
For Share Samadhan IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.
What is Share Samadhan IPO GMP?
You can check out here: Share Samadhan IPO GMP. Check all IPO GMP here.