Share Samadhan IPO subscription status started on September 09, 2024, and closed on September 11, 2024. The company aims to raise approximately ₹24.06 crore via this IPO. The retail quota is 35%, NII 15% and QIB is 50%. The price band is fixed at ₹70 to ₹74 per equity share.
The IPO consists of a minimum market lot of 1600 Shares requiring an application amount of ₹1,18,400. Share Samadhan is an SME IPO that will be listed on the BSE.
Table of contents
IPO Overview
Share Samadhan Limited is currently India’s leading organization for recovering unclaimed investments, money, and properties. The company offers a one-stop solution for reclaiming investments, protecting wealth, and funding lawsuits. Additionally, they assist in recovering dividends, interest, and misplaced financial instruments. Moreover, through their subsidiary Nyaya Mitra Limited, they provide litigation funding for cases involving property disputes, high-value commercial conflicts, family disputes, debt recovery, international arbitration, and more. Ultimately, Share Samadhan aims to lead the sector in recovering unclaimed investments while offering comprehensive wealth protection solutions.
Founded in 2011 as Tiger Island Hospitality Private Limited, Share Samadhan Limited now offers a broad range of services to help clients recover and secure their investments effectively.
The company operates across three main business lines:
- Firstly, Investment Retrieval Services (Share Samadhan Limited) focuses on unlocking value and resolving issues with financial assets such as equities, mutual funds, bonds, insurance, and bank deposits. They furthermore assist in recovering unclaimed dividends and interest, addressing issues with old or damaged financial instruments, and facilitating transfers and transmissions.
- In addition, their Wealth Protection Services (Wealth Samadhan Pvt. Limited) provide a comprehensive digital solution through the Wealth Samadhan Card, which protects and optimizes investment data.
- Lastly, through Litigation Funding Solutions (Nyaya Mitra Limited), they offer tailored funding for various legal cases, including property disputes, commercial litigation, and arbitration.
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We advise investors to consider applying for an IPO with a long-term perspective. It’s also important to review the QIB, NII, and Retail subscription figures before making an investment decision.
Share Samadhan IPO Subscription Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.00 | 0.00 | 2.66 |
| NII | 0.81 | 2.84 | 22.44 |
| RII | 2.01 | 5.89 | 18.04 |
| Total | 1.18 | 3.55 | 14.59 |
Share Samadhan IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, Mutual Funds
- Non-Institutional Investors (NII): Individual Investors, NRIs, Companies, Trusts, etc.
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
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Share Samadhan IPO Form
To apply for the Share Samadhan, use ASBA via your bank’s online portal or download and submit IPO forms through your bank or broker.
FAQs
The IPO subscription starts on September 09, 2024, for NII, QIB, and Retail Investors.
You can apply through ASBA and non-ASBA options via your bank account, broker, or UPI app.
Visit our portal for live IPO subscription numbers updated hourly. Live data is also available on the official IPO page.
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