Udayshivakumar Infra Ltd IPO

Incorporated in 1983, Kolkata-based Tarsons Products manufactures laboratory products that are used in various research organisations, pharmaceutical companies, academia institutes, hospitals and diagnostic centres.

The company plans to go public and here’s all you need to know about this IPO.

Here’s the consolidated financial information for the last three years:

• Focused on Roads, Flyovers and Bridge construction
• Strong Order Book of Roads, Flyovers and Bridge construction projects from various government agencies, local bodies and private developers.
• Strong execution capabilities with industry experience
• Experienced management team
• Focused on Roads, Flyovers and Bridge construction

• The company derive majority of its revenue from civil construction and the company financial condition would be materially and adversely affected if the company fail to obtain new contracts or its current contracts are terminated.
• Infrastructure projects are typically awarded to its on satisfaction of prescribed pre- qualification criteria and following a competitive bidding process. Its business and the company financial condition may be adversely affected if new infrastructure projects are not awarded to it or if contracts awarded to the company are prematurely terminated.
• The company Order Book may not be representative of its future results and the company actual income may be significantly less than the estimates reflected in its Order Book, which could adversely affect its business, financial condition, results of operations and prospects.
• Its business currently is primarily dependent on projects in India undertaken or awarded by governmental authorities and other entities funded by the GoI or state governments and the company derive majority of its revenues from contracts with a limited number of government entities. Any adverse changes in the central or state government policies may lead to its contracts being foreclosed, terminated, restructured or renegotiated, which may have a material effect on its business and results of operations.
• The company projects are exposed to various implementation and other risks, including risks of time and cost overruns, and uncertainties, which may adversely affect its business, financial condition, results of operations, and prospects.

• Maintain focus on Roads, Bridge and Irrigation projects construction.
• Expansion of its geographical footprint.
• The Company intends to enter into joint venture arrangements with other infrastructure companies to bid and execute large value projects.
• Leverage core competencies with enhanced in-house integration.
• Diversification of business activities