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)
State Wise Revenue details: (in Lakhs)
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:
- Mr. Satyanarayana Sundara (Designation: Chairman & Managing Director)
- Mr.Seshagiri Rao Palle (Designation: Whole Time Director)
- 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: |
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Bigshare Website (Click on the below Link)http://www.bigshareonline.com/bssipoapplicationstatus.aspx |
Company Contact Info: |
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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: |
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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: |
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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 |