IPO Price Range: ₹70 - 74
Min Investment
₹1,18,400
IPO Size
₹24 Cr
IPO Status
Quantity in 1 Lot
1600
Max Bid allowed
1
Listing Exchange
BSE
Bid Opening Date | 9 Sep 2024 |
Bid Closing Date | 11 Sep 2024 |
Allotment Date | 12 Sep 2024 |
Issue Size | ₹24.06Cr |
Quantity in 1 lot | 1600 |
Good track record.
Leveraging the experience of its Promoters.
Experienced management team and a motivated and efficient work force.
Quality Deliverables of services.
Adaption to advanced technology.
The companys business heavily relies on the expertise and guidance of its Directors and Key Managerial Personnel to ensure sustained success. The loss of any of them could have a significant impact on the company.
Inadequate management of technical glitches may compromise user satisfaction, engagement, and subscriber retention, posing a threat to its website seamless operation and user experience.
The success of its business is highly dependent on its relationships with the companys business associates. Any loss of these associates, or their unavailability, could have a significant negative impact on the business and its operations, potentially leading to increased costs, decreased revenue, and damage to the businesss reputation.
There is outstanding litigation pending against its Promoters which, if determined adversely, could affect the companys business, results of operations and financial condition.
Its business model runs largely on a success-based fee structure, in case of any wrong outcomes or nonrecovery of an investment its business operations will be affected.
Maintaining the Company image and reputation in the industry is critical to its success, and any failures to do so could damage the company reputation and brand.
The company has applied for registration of registration of logo under the Class 36. & the Company is in the process of registration of its logo under the provisions of the Trademarks Act, 1999. If, the company is unable to adequately protect its intellectual property, its may be subject to claims alleging breach of third-party intellectual property rights.
Absence of any law and regulation on its Litigation funding business, which can adversely affect its ability to operate, obtain funding, or manage the companys business effectively.
If the company is not successful in executing its business and marketing strategies the company results of operations may suffer.
The Company had negative cash flows from its operating, investing and financing activities in the previous years, details of which are given below. Sustained negative cash flow could impact on its growth and business.
Investors | Holdings % |
Abhay Kumar Chandalia | 39.3% |
Vikash Kumar Jain | 38.06% |
Organisation | Share Samadhan Ltd |
Headquarters | New Delhi |
Industry | Miscellaneous |