Udayshivakumar Infra Limited
Minimum Order Quantity
· IPO Details: Global Surfaces Limited
Issue Open Date
20th March, 2023
Issue Close Date
23th March, 2023
Price Band (Rs.)
428 Shares and in multiples thereof
Issue Size (Rs.)
l Object of the Issue:
The company proposes to utilize the Net Proceeds from the Issue for funding incremental working capital requirements and general corporate purposes.
l Business Overview:
The company is engaged in the business of construction of roads including National Highways, State Highways, District Roads, Smart Roads under PM’s Smart City Mission projects, Smart Roads under Municipal Corporations, Bruhat Bengaluru Mahanagara Palike (BBMP) and Local Area Roads in various Taluka Places etc., in the State of Karnataka, Constructions of Bridges across Major and Minor Rivers, Railway Over Bridges (ROB), construction of Major and Minor Irrigation and canal projects, Industrial Areas, based in the State of Karnataka. The company also bids for Roads, Bridges, Irrigation & Canals Industrial Area construction in the State of Karnataka including Government Departments
l Key Strengths:
Focused on Roads, Flyovers and Bridge construction: Since Fiscal 2015, the Company has completed 30 projects having an aggregate contract value of ?684.68 crores, which includes sixteen roads, five bridges, six irrigation and three civil construction works. Most of the projects of the company have been executed in the State of Karnataka.
Strong Order Book of roads, bridges, flyovers and irrigation projects from Karnataka state government: As on December 31, 2022, the Company is executing thirty ongoing projects which include ten roads, seven smart roads, one bridge, eight irrigation projects, three civil construction works and one toll plaza with an aggregate order book value of ? 853.87 crores. Further, as on December 31, 2022, the company also has new work orders allotted (but work not yet started) comprising of fourteen roads, one toll plaza and one irrigation work with an aggregate order book value of ? 436.51 crores.
· Financial Snapshot –
Six-month period as on 30.09.2022
Revenue from Operations (Rs. in crore)
EBITDA (Rs. in crore)
EBITDA Margin (%)
Profit (Rs. in crore)
Profit Margin (%)
Net Debt/ EBITDA
· IPO Review: Not Rated
Yes, you can always trade an IPO through a discount broker. Buying & selling an IPO becomes very easy once the trading and the demat account are set up appropriately.
Following are the benefits in buying and selling an IPOs through a discount broker. Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors. Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.
Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker
This is very easy, you need to do the following to buy and sell IPOs hasslefree with a discount broker. Open a trading & demat account with a discount broker. Open a trading account with a full service broker like banks which are offer IPO buying through ASBA route. While filling up the information for the demat account while opening an account with a bank, you need to give the details of demat account which is with the discount broker. Once your demat account is linked with the trading account of the bank then you simply buy and sell IPO. Investors need to understand that almost all brokers don’t charge any annual fee for trading account therefore having multiple trading accounts linked to a single demat account won’t incur any cost to investors. ,
You need to submit the following documents for opening an account with Samco : Photograph PAN Card Bank Details – Cancelled cheque or Bank Statement/Passbook copy Aadhar Card (or alternative address proof such as Drivers license, Voter ID, etc) Proof of Income (6 months bank statement or ITR Return or 3 months salary slip)