Shiva Industrial IPO – Review, Allotment Status, Subscription, Price, Date & more

Last Updated Date: Aug 31, 2023

The Shiva Industrial Security Agency Limited is launching its IPO soon. Shiva Industrial Security Agency (Gujarat) limited a security company based in Gujarat is all set to float an IPO. Let’s have a detailed review of Shiva Industrial IPO and an in-depth analysis of the IPO release date, IPO offer price, Shiva Industrial IPO subscription, IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters and other related things. Stock Broker Complaints

Shiva Industrial IPO Review & Ratings

Shiva Industrial IPO Ratings & Review
Criteria	Ratings
Industry Sentiments	6.1/10
Industry Ranking	6.3/10
Company Background	6.5/10
Company Reputation	6.2/10
Competitive Edge	6.3/10
Financial Statements	6.4/10
Popularity Index	6.5/10
Promoters Reputation	6.5/10
Retail Appetite	6.7/10
Top Brokers Review	6.0/10
Overall Ratings	6.3/10
Star Ratings	★★★☆☆

Summary of Shiva Industrial IPO

Shiva Industrial IPO Shiva Industrial Security Agency (Gujarat) Limited is an ISO 9001:2008 Certified Company providing Manned guard Services, Cash Management Service and E-Commerce logistics services in India. The company has created a niche for itself in the market since the commencement of our operations during the past decades.

The company has developed the portfolio of services in order to cater to the needs of diverse consumer segments including, business entities, Government organizations and households, and to leverage the growth and potential security needs of such customer segments in India. To serve clients in the most effective manner they have fully operational 18 Branches at an all India level and 5 Regional Offices situated at Ahmedabad, Bengaluru, Mumbai, New Delhi and Kolkata. Upto 27,00,000 Equity Shares of Rs. 10/- each for cash at a price of [●] per share aggregating to [●] Lakhs.

The Promoters of this company are:

Sushil Pyarelal Sharma, Chairman & Non-Executive Director
Sameer Sushilkumar Sharma, Managing Director
Anubha Sameer Sharma, Whole Time Director

The lead manager to the issue is Hem Securities Limited and registrar to this issue is Karvy Computershare Limited.

Subscribe to Shiva Industrial IPO

Shiva Industrial IPO Date

The opening and the closing date of the Shiva Industrial Security Agency (Gujarat) Limited IPO is not known yet.

Shiva Industrial IPO Subscription

Day / Date	QIB	NII	RII	Total Subscription
Day 1
Day 2
Day 3
Day 4
Day 5
Shares Offered or Net Issue

The shares subscribed by the public will be updated herein on a daily basis, once the IPO is open for subscription.

Shiva Industrial IPO Allotment Status

Here, you can find the Allotment Status of this IPO. The details of allotment of shares made by the company to the public will be updated herein once the company is through with the allotment process.

Shiva Industrial IPO Price Band

The face value of the Equity Shares of our Company is Rs 10/- each and the Issue Price is Rs X the share price.

Shiva Industrial IPO Issue Size

The Issue Size is below Rs 10000 Lakhs and the exact price of the share is not known through the number of equity shares is known.

Shiva Industrial IPO Equity Share Offerings

Up to 27,00,000 Equity Shares of Rs. 10/- each for cash at a price of [●] per share aggregating to [●] Lakhs.

List of Upcoming IPOs in 2018

Shiva Industrial Limited – Company Overview

The company which has its roots in Gujarat has contacts with some of the top police personnel in the state. This proves the genuine nature of the firm. One could rent these services without any second thought. They are known to serve the customers to the best they can.

The company was incorporated in the year 1997. Since incorporation we have been involved in the business of providing the manned guarding service. Later on during the year 2007, sensing the opportunity in the Cash management service, they added Cash management service in their portfolio of service. During the year 2015-16, they further expanded their operations by diversifying into the business of E-Commerce Logistic services.

The key management personnel of the company is

Sameer Sharma
Anubha Sharma
Major S K Sharma
Baskaran Kesavareddiyar

Competitive Strengths of Shiva Industrial Limited:

Experienced promoters and Management Expertise
Quality projects and committed operations
Independent Execution capabilities
Networking strength

Business strategies of Shiva Industrial Limited:

Leveraging Market Skills
Long Term Relationship with Clients
Achieving Operational Efficiencies
Expand Distribution Network & Customer Base
Brand Building
Expand the Business in new location

Shiva Industrial – Financial Statements

A quick look into the past financial performance of the company to understand its performance of business and evaluate the growth prospectus:

Assets of the Company

Assets (in INR & Lakhs)

	Mar’17	Mar’16	Mar’15	Mar’14	Mar’13
Non-Current	1837.94	1527.02	772.31	798.51	746
Current Assets	4479.01	3317.75	2472.48	1883.85	1737.75
Total Assets	6,316.95	4,844.77	3,244.79	2,682.36	2,483.75

Revenue & PAT of the Company

Revenue and Profit (in Lakhs)

	31-Dec- 17	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Revenue	7,970.58	8,844.72	5,739.42	4,606.02	4,478.81	3,523.28
Profit After Tax	515.91	551.8	231.35	86.05	62.35	36.44

Earnings per Equity Share (in Lakh)

	31-Dec-17	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Basic	6.05	5.63	1.51	1.19	0.87	0.51
Diluted	35.64	11.41	6.12	41.8	27.7	345.64

Based on the financials above, the company has certainly seen a growth in the revenue base and the earnings as well. The EPS indicator also gives a good picture though there appears to be small bump in one of the years, but that does not make the company a bad venture.

Shiva Industrial IPO Promoters

The Promoters of this company are

Sushil Pyarelal Sharma, Chairman & Non-Executive Director
Sameer Sushilkumar Sharma, Managing Director
Anubha Sameer Sharma, Whole Time Director

Interest of Promoters in the Promotion of the company

The promoters of the company have promoted the company and they are eligible to obtain the dividends from the company. The promoters of the company also hold some of the key positions in decision making.

Interest of Promoter in the Property of the company

The promoters of the company have not shown any interest in acquiring the property of the company. No property has been acquired by them two years since the red draft herring prospectus was filed.

Interest of Promoter in other rights of the company

The promoters of the company do not have any interest in any other properties of the company.

Shiva Industrial IPO Offer Details or Issue Details

Shiva Industrial Security Agency (Gujarat) Limited IPO Offer Details or Issue Details

Particulars	No. Of Equity Shares
Equity Shares Offered	Up to 27, 00,000 Equity Shares of Rs. 10/- each for cash at a price of [●] per share aggregating to [●] Lakhs.
Of which:
Reserved for Market Makers	[●] Equity Shares of Rs. 10/- each for cash at a price of [●] per share aggregating to [●] Lakhs.
Net Issue to the Public	[●] Equity Shares of Rs. 10/- each for cash at a price of [●] per share aggregating to [●] Lakhs
Of which:
Retail Investors Portion	Not less than [●] Equity Shares of the face value of Rs. 10/- each fully paid off the Company at a cash price of Rs. [●]/- per Equity share aggregating Rs. [●] Lakhs will be available for allocation to Investors applying with application value of up to Rs. 2.00 Lakhs
Non-Retail Investors Portion	Note less than [●] Equity Shares of the face value of Rs. 10/- each fully paid off the Company for cash at price of [●]/- per Equity Share aggregating Rs. [●] lakhs will be available for allocation to Investors applying with application value of above Rs. 2.00 Lakh
Equity Shares outstanding prior to the Issue	74,05,805 Equity Shares of the face value of Rs 10 each
Equity Shares outstanding after the Issue	Up to 1,01,05,805 Equity Shares of face value of Rs 10 each

Shiva Industrial IPO Issue Object

These are the IPO Issue Objects of the company

To handle the purchase of cash handling vehicles
To expand the branch network
To repay and pre-repay certain outstanding balances for the loan availed by the company
To meet the general corporate purposes of the firm
To meet the capital working requirement of the firm

List of Upcoming IPOs in 2018

Genius Consultants IPO	Gandhar Oil Refinery IPO	Dinesh Engineers IPO	Bharat Serum IPO
Varroc Engineering IPO	National Insurance IPO	Garden Reach Shipbuilders IPO	ReNew Power IPO

Shiva Industrial IPO – Basis of the Offer Price

The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors. The face value of the Equity Shares of our Company is ` 10/- each and the Issue Price is Rs [●] the share price.

Qualitative factors are:

A diverse portfolio of manned guarding
Cash management
E-commerce management services
Widespread and integrated branch network in India
The wide and Diversified customer base
Experienced management and operational team
In-house training and development

The relevant quantitative factors are:

Basic & Diluted Earnings per share (EPS) (Face value of ₹ 10 each), as adjusted for change in capital
Price Earning (P/E) Ratio in relation to Price of ₹ [●] per Equity Share
Average Return on Net worth (RoNW)
Minimum Return on Net Worth after Issue to maintain Pre-Issue EPS
Net Asset Value (NAV) per Equity Share (Face Value Rs 10 each)
Comparison of Accounting Ratios with Industry Peers

List of Latest IPOs of 2018

Aakash Exploration Services IPO	IRCTC IPO	Rail Vikas Nigam IPO	KIMS Hospitals IPO
HDFC AMC IPO	UTI Mutual Fund IPO	Mazagon Dock Shipbuilders IPO	Policy Bazaar IPO

Shiva Industrial IPO Lead Managers

Lead Managers

HEM SECURITIES LIMITED

Shiva Industrial IPO Registrar to offer

Registrar of the Offer

Karvy Computershare Private Limited

Shiva Industrial IPO Review by Top 10 Stock Brokers

Top Stock Brokers Review	Company Reputation	Competitive Edge	Financial Statement	Popularity Index	Promters Reputation
Angel Broking	6.4/10	6.6/10	6.0/10	6.4/10	6.0/10
Sharekhan	6.2/10	6.1/10	6.6/10	6.1/10	6.2/10
Kotak Securities	6.3/10	6.2/10	6.3/10	6.4/10	6.3/10
ICICI Direct	6.3/10	6.3/10	6.7/10	6.1/10	6.1/10
IIFL	6.2/10	6.2/10	6.8/10	6.0/10	6.1/10
Edelweiss	6.2/10	6.3/10	6.3/10	6.3/10	6.2/10
Zerodha	6.3/10	6.4/10	6.3/10	6.3/10	6.0/10
5Paisa	6.1/10	6.4/10	6.3/10	6.1/10	6.1/10
Karvy	6.3/10	6.3/10	6.2/10	6.1/10	6.0/10
Motilal Oswal	6.3/10	6.4/10	6.3/10	6.5/10	6.4/10

Shiva Industrial IPO Grey Market Premium

The Shiva Industrial Security Agency (Gujarat) Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.