S.S infrastructure development Consultants Ltd

S.S infrastructure

About the Company:

S.S infrastructure development Consultants is engaged in the business of Engineering Consultancy and is an Integrated Infrastructure Development solution provider in India.

Company’s services include Architectural Planning, Civil and Structural designs, Project Management Services for Corporate and Government Organizations, Repair & Rehabilitation for buildings requiring high-end engineering solutions.

Company mainly participates in the tenders floated by the Government authorities, Corporate establishments and other business entities. The pricing of their services is determined on the basis of construction, type of customization, equipment required and estimated duration within which it needs to be completed.

Company has executed large projects for organizations like Cyient Limited (formerly known as Infotech Enterprises Limited), Granules India Limited and Government Organizations.

Category Wise Revenue details: (in Lakhs)

category wise revenue

State Wise Revenue details: (in Lakhs)

state wise revenue

Company caters to business segments under Architectural Planning, Civil and Structural Designs, Project Management Consultancy, Repair & Rehabilitation, Electrical, HVAC and other services for different kinds of projects details of which are given below:

  • PRELIMINARY ENGINEERING SERVICES.  (Survey / Soil investigation)
  • DETAILED ENGINEERING SERVICES.  (Architectural Planning / Landscaping)
  • CIVIL /STRUCTURAL DESIGNS.  (Design of Foundation / Roofing system)
  • ESTIMATION AND TENDERING. (Cost estimates / Tender preparation)
  • BUILDING SERVICES. (Electrical/ HVAC/ Interior Design)
  • PROJECT MANAGEMENT SERVICES. (Construction Scheduling/ Quality and Cost Control)

 

Management Team:

  1. Mr. Satyanarayana Sundara (Designation: Chairman & Managing Director)
  2. Mr.Seshagiri Rao Palle (Designation: Whole Time Director)
  3. Mr. Sri Rama Moorthy Mangalampally (Designation: Non Executive Director)

 

Promoters Average Acquisition Cost:

Name of the Promoter No. of Shares held Average Acquisition Cost (in Rs.)
Satyanarayana Sundara 40,05,000 0.01
Seshagiri Rao Palle 40,05,000 0.01

 

Promoters Stake Pre & Post Issue:

Shareholder Name Pre Issue Stake (%) Post Issue Stake (%)
Promoters
Satyanarayana Sundara 40.49% 28.26%
Seshagiri Rao Palle 40.49% 28.26%
Promoter Group Entities               Nil                Nil
Total 80.98% 56.52%

 

Objectives of the Issue:

  • Renovation of existing offices and Opening of new branch office.
  • Purchasing of software’s and hardware’s.
  • Repayment of Secured & Unsecured loans availed by the Company.
  • Funding the working capital requirements of the Company.
  • General Corporate Purposes.

 

Fund Utilization:

Particulars Amount (Rs. in Crores)
Renovation of existing offices and Opening of new branch office. 2.53
Purchasing of software’s and hardware’s. 0.55
Repayment of Secured & Unsecured loans availed by the Company. 1.00
Funding the working capital requirements of the Company. 9.50
General Corporate Expenses 3.53
Net Proceeds 17.11 cr

 

Positives for the Company:

Geographical Expansion of Services.

Company believes that their experience, knowledge and expertise in the domestic business will help them to grow their ininternational business. Striving on this, they aim to expand their geographical reach of servicesinternationally and intend to start business operation in United Arab Emirates (UAE) to startwith.

Once they get a hold in UAE, Company would be looking for further expansion making themselves a global company.

 

Financials of the Company:

(in Crores) FY 13 FY 14 FY 15 FY 16 FY 17 30th Sept 17
Revenue  18.83  18.54  28.31  26.61  24.67 14.57 
Net Profit  2.26  2.62  3.82  3.42  3.80  2.79

 

Valuation of Peer Group Companies:

Company Name Face Value EPS PE Ratio RoNW NAV
SS Infrastructure development Consultants Ltd 10 4.75 8.42 20.76% 22.87
Mold Tek Technologies Ltd 2 1.60 43.97 12.55% 12.60
ATV Projects India Limited 10 0.95 11.88 4.79% 19.87
Artefact Projects Limited 10 0.35 145.71 0.54% 64.17

 

IPO Details:

Details Info
Issue Opens on 28th April 2018
Issue Closes on:. 5th April 2018
Issue Price Rs.37 – 40
Face Value Rs.10
Minimum Lot 3000
Minimum Investment Rs.1,20,000
Issue Constitutes 30.18%
Issue Size Rs.17.11 cr
Market Cap Rs.56.68 cr
Listing at NSE SME
Total Equity Shares Offered (Fresh) 42,78,000
Equity Shares Prior to the Issue 98,92,350
Equity Shares after the Issue 1,41,70,350

 

Important Dates:

Finalization of Basis of Allotment on or Before 10th April 2018
Initiation of Refunds on or Before 11th April 2018
Credit of Equity Shares: on or Before 12th April 2018
Listing Date: on or Before 13th April 2018

 

IPO Valuation Parameters:

Earnings Per Share (EPS) Price To Earnings ratio (PE) Return on Net Worth (RoNW) Net Asset Value (NAV)
4.75 8.42 20.76% 22.87

 

Markets Guruji Opinion:

IPO View Apply For: Expected listing Gain:
Subscribe Long Term 5%

 

Check IPO Allotment Status:

Bigshare Website (Click on the below Link)

http://www.bigshareonline.com/bssipoapplicationstatus.aspx

 

Company Contact Info:
BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,
Makwana Road, Marol, Andheri (East),
Mumbai – 400 059, India
Tel: +91 22 6263 8200
Fax: +91 22 6263 8299
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com

 

IPO Registrar Info:
BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,
Makwana Road, Marol, Andheri (East),
Mumbai – 400 059, India
Tel: +91 22 6263 8200
Fax: +91 22 6263 8299
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com

 

Lead Manager to the Issue:
PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
406-408, Keshava Premises, Behind Family Court,
Bandra Kurla Complex,
Bandra East, Mumbai – 400 051, Maharashtra, India
Tel: +91-22 6194 6700
Fax: +91-22 2659 8690
Email: ipo@pantomathgroup.com
Investor Id: ipo@pantomathgroup.com
Website: www.pantomathgroup.com