
Financial Services · BSE
Share Samadhan Limited, previously known as Tiger Island Hospitality Private Limited, was founded in 2011. The company specializes in helping clients protect and recover their investments with financial and legal solutions. It operates through three key services: Investment Retrieval Services, which helps recover unclaimed dividends, lost shares, and other financial assets like mutual funds and insurance; Wealth Protection Services through Wealth Samadhan Pvt. Ltd., offering the Wealth Samadhan Card, a digital tool to secure and organize investment data; and Litigation Funding through Nyaya Mitra Limited, providing financial support for various legal cases. As of August 28, 2024, the company has a team of 48 professionals dedicated to safeguarding clients' financial interests.
Price Band
₹70 – ₹74
Issue Size
₹24.06 Cr
Lot Size
1600 shares
GMP
Est. Listing
₹74
at current GMP
Subscribed
14.66x
overall
Open
9 Sep 2024
Close
11 Sep 2024
Allotment
13 Sep 2024
Refund
14 Sep 2024
Demat Credit
15 Sep 2024
Listing
16 Sep 2024
Overall Subscription
14.66x
Total Demand
QIB Multiplier
2.66x
Institutions & Funds
NII / HNI
22.80x
High Net-Worth
Retail (RII)
18.04x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 619,200 | 1,646,400 | 2.66x |
| NIB | 464,000 | 10,579,200 | 22.80x |
| RETAIL | 1,081,600 | 19,513,600 | 18.04x |
| Total | 2,164,800 | 31,739,200 | 14.66x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 711 | 12,826 | 18.04x |
| HNIs (10L +) | 5 | 114 | 22.80x |
| HNIs (2-10L) | 22 | 502 | 22.80x |
| Total Applications | 738 | 13,442 | 18.21x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Share Samadhan Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹24.06 Crores. The shares are offered at a price band of ₹70 to ₹74 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,18,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-09-15, while un-allotted funds or UPI block mandates will be released on 2024-09-14.
Currently, Share Samadhan Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹70 to ₹74 per equity share.
The retail lot size is 1600 shares requiring a minimum application amount of ₹1,18,400. Expected listing price is ₹74 per equity share.
The Share Samadhan Limited IPO aggregate issue size is ₹24.06 Crores with an equity price band set at ₹70 to ₹74 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,18,400.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 14.66x (Retail: 18.04x, QIB: 2.66x, NII: 22.80x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2024-09-13. Investors can verify status using PAN card or application number.
Share Samadhan Limited shares are scheduled to list on BSE on 2024-09-16.