Udayshivakumar Infra IPO: Great earning opportunity! You can invest in udayshivakumar infra’s ipo from march 20th to march 23th 2023

Udayshivakumar Infra IPO: Great earning opportunity!  You can invest in udayshivakumar infra’s ipo from march 20th to march 23th 2023

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New Delhi: Another earning opportunity has opened in the stock market from today. If you want to invest money in IPO, then this news is useful for you. Actually, the initial public offering (IPO) of the construction firm Udayashivkumar Infra Ltd. is about to be launched. There is a chance to bet in this IPO from today. You can invest in this IPO today i.e. from March 20 to March 23, 2023. It is likely to be listed on the stock market on 3 April 2023. The company has fixed a price band of Rs 33 to Rs 35 per share for the IPO. Subscribers to the IPO can apply in one lot and 428 shares of the company are available in one lot of the IPO. The company will raise Rs 66 crore through this IPO. The company is going to use the proceeds from this IPO for working capital requirements and for general corporate goals.

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Udayashivkumar Infra IPO Price Band

Investors can bid for 428 shares in the Udayashivkumar Infra IPO. This means that at least Rs 14,980 will be needed to invest in this IPO. Under this IPO, about 60 per cent is reserved for retail investors. 30 per cent of the IPO is reserved for non-institutional investors. Meanwhile, 10 per cent of the issue is reserved for qualified institutional buyers. Investors are getting interested in this IPO.

This company earned so much profit in one year, Pakistan lost its senses, even the GDP of many countries is not that much.

what does the company do

The company will use the proceeds from the IPO for working capital needs. Let us tell you that Udayashivkumar is associated with the work of Infra Road Construction. This company bids for roads, bridges, canals and industrial area construction projects in Karnataka including government departments. The allotment of shares of the company is likely to take place on March 28, 2023.

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