Udayshivakmar listing date: After blockbuster IPO, stock to debut on BSE, NSE on this day

Udayshivakumar infra IPO listing date: Udayshivakumar Infra’s initial public offering (IPO) will be listed on both the leading stock exchanges -- the National Stock Exchange (NSE) and BSE on April 3 at 10 PM. 

Udayshivakumar Infra IPO subscribed 30.6 times in total. The public issue subscribed 14.1 times in the retail category, 60.42 times in the Non-Institutional Investors NII category and 40.47 times in the Qualified Institutional Buyers (QIBs).

Udayshivakmar Infra IPO opened for subscription on March 20 and closed on March 23. The price band for the issue was fixed at Rs 33-35 per share.

The IPO which consisted of a fresh issue of 20,000,000 equity shares with a face value of Rs 10 aggregating to Rs 66 crore, settled the allotment on March 28. 

Potential investors were able to bid for Udayshivakumar shares in multiples of 428, which translated to Rs 14,124-14,980 per lot. 

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The registrar of the issue is MAS Services Limited.

Incorporated in 1995, the company operates in the business of the construction of roads. Udayshivakumar Infra bids for bridges, canals, roads, and other industrial areas construction projects in Karnataka, including from government departments. 

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